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Economy

Micron stock surged 839% in a year, but analysts warn of cracks

Micron stock (NASDAQ: MU) has delivered one of the most extraordinary rallies in semiconductor history, but Wall Street is becoming increasingly cautious about

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Economy

Nasdaq futures plunge 300 points: 5 things to know before Wall Street opens

US stock index futures were mixed on Friday as a pullback in major chipmakers weighed on sentiment before the May employment report, a

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Economy

JPMorgan, Citi and BofA plan blockchain deposit network for 2027

JPMorgan Chase, Bank of America, and Citigroup are preparing to launch a shared tokenized deposit network that is expected to go live in

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Economy

OpenAI commits to compliance with Trump’s AI review order

OpenAI has confirmed that it will comply with an executive order signed by US President Donald Trump that calls on artificial intelligence companies

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Economy

US payrolls rise 172,000 in May, topping estimates: unemployment at 4.3%

The US labor market delivered another upside surprise in May, with employers adding far more jobs than economists had expected. The stronger-than-anticipated hiring

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Economy

FTSE 100 rises as inflation concerns ease despite Middle East tensions

The UK’s FTSE 100 rose on Friday, outperforming several global markets amid a broader risk-off sentiment, as investors found reassurance in fresh data

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Economy

Dow slips as strong US jobs data sparks chip selloff, hits Nasdaq

US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across

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Economy

Lululemon tumbles after forecast cut; analysts see prolonged turnaround ahead

Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance,

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Gold

US jobless claims rise to 225,000, but labour market remains largely resilient

The number of Americans filing new applications for unemployment benefits increased last week, but the overall level of claims remained consistent with a

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Gold

HNT price jumps after Noble Mobile acquires Helium Mobile, but risks remain

The price of Helium’s native token, HNT, experienced a sharp short-term rally before quickly retreating, as the market reacted to the acquisition of

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