US employers added far more jobs than expected in January, delivering a rare upside surprise after months of subdued hiring and easing fears that the labor market was sliding into a prolonged slowdown. Payrolls rose by 130,000 last month, significantly above economists’ expectations, while the unemployment rate edged down to 4.3%, according to government data
Bitcoin, Ether, and XRP are all in the red as the broader cryptocurrency market shed billions in market cap over the last 24 hours. The bearish performance has spread to other leading cryptocurrencies, with Stellar (XLM) down by nearly 2%. XLM is trading below $0.1600 at the time of writing on Wednesday, extending its correction
Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment. Gold prices climbed back over $5,100 per ounce, while silver rose more than 4% as investors digested key employment data from the US. Meanwhile, oil prices also jumped more than 2%, with Brent hitting $70 per barrel
US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow Jones Industrial Average rose 207 points, or about 0.4%. The S&P 500 gained 0.6%, while the Nasdaq Composite advanced 0.8%, as investors responded positively to
Reddit stock (NYSE: RDDT) is once again drawing attention on Wall Street. After spending much of last year under a cloud of doubt over growth and monetisation, the social platform is seeing sentiment turn. This time, the shift is being driven less by hype and more by something investors care deeply about: clear signs that
At current levels, gold reflects both fear-driven flows and structural repricing with a move towards $6,000 looks realistic in the near future, says B2PRIME Group’s Eugenia Mykuliak. Invezz spoke with Mykuliak, founder and executive director of B2PRIME Group, a global financial services provider for institutional and professional clients, in an exclusive interview to discuss price
Bitget, the world’s largest Universal Exchange (UEX), announced the launch of zero maker fees and ultra-low taker fees for its stock perpetuals and precious metal perpetuals, effective from February 10 through April 30, 2026. The move positions Bitget as the lowest-cost venue in the market while offering one of the broadest selections of stock and
US stock index futures were little changed on Tuesday morning after the Dow Jones Industrial Average set another all-time high in the previous session, as investors balanced recent market momentum against a busy week of economic data and corporate earnings. Dow futures rose 11 points, or about 0.02%. S&P 500 futures gained 0.013%, while Nasdaq
If the scale of Big Tech’s AI spending plans for 2026 was not striking enough, Alphabet’s reported move to issue a rare 100-year bond has added a new dimension to the debate over how far tech giants are willing to go to finance the AI boom. Alphabet Inc. is preparing to sell a rare 100-year
The Broadcom stock price has rebounded in the past few days, moving from a low of $295 last week to $345 today as investors cheer the recent plans for AI spending. Still, the company remains in a technical bear market after falling by 16% from its highest level in 2025. It has also formed a