Here’s why Intuitive Machines, Virgin Galactic, Rocket Lab stocks are falling
Top space stocks are in a freefall this week, with Virgin Galactic (NYSE: SPCE) falling to $4.25, its lowest level since May 28.
Bitcoin
Bitcoin
Dow jumps 500 points as Broadcom selloff drags Nasdaq lower
US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were
Bitcoin
Standard Chartered’s Kendrick keeps $100,000 Bitcoin call amid crypto turmoil
Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered and one of the cryptocurrency industry’s most outspoken supporters, has reaffirmed his
Bitcoin
Trafigura delivers record half-year profit, dividend amid global tensions
Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion
Bitcoin
Venezuela emerges as key oil ally as India diversifies supplies
India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity” amid severe disruptions in
Bitcoin
Bitcoin price hits 200-week trendline amid record ETF outflows and liquidations
Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000
Bitcoin
Why Nvidia stock is outperforming AI peers today
Nvidia (NVDA) shares edged lower on Thursday but held up considerably better than many semiconductor peers as investors digested a sharp sector-wide selloff
Bitcoin
Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
Technology stocks came under heavy pressure on Thursday after Broadcom’s latest outlook failed to satisfy investors who had been betting on an even
Business
FTSE 100 drops amid China banking concerns and falling oil prices
The UK’s benchmark FTSE 100 index fell to its lowest level in more than two weeks on Thursday, weighed down by sharp declines
Business
AI drives 40% of May layoffs as job cuts hit highest level since 2020
Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly citing the technology as a reason for workforce reductions even as