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ECB holds rates steady as global risks overshadow easing inflation

The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy

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Business

Snap stock price loses key support as North America user growth fades

The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback

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Business

Why did Alphabet stock tumble 7% after earnings despite beating estimates?

Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a

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Business

US jobless claims climb amid storms, but labour market holds steady

The number of Americans filing new applications for unemployment benefits rose more than expected last week, highlighting short-term disruptions from severe winter weather even as the broader labour market continues to show signs of resilience. Initial claims for state unemployment benefits increased by 22,000 to a seasonally adjusted 231,000 in the week ended January 31,

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Business

US stocks open lower as Nasdaq falls 0.6% and tech selloff deepens

US stocks head into Thursday’s session on the back foot after another bruising tech selloff knocked Wall Street’s most popular trades off their pedestal. The S&P 500 dropped around 0.46%, while the Nasdaq Composite slid about 0.6%, extending a sharp two‑day retreat in high‑growth names. The Dow Jones Industrial Average shed roughly 240 points, or

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Business

Brazil markets rise as Lula interview and earnings season take center stage

As investors concentrated on political developments and a packed schedule of corporate earnings, Ibovespa futures were trading higher on Thursday, indicating a cautiously optimistic tone in Brazilian markets. The February futures contract was up 0.17% at 182,705 points at 9:07 a.m. Brasília time. According to local media outlet InfoMoney, most of the market’s focus was

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Business

Bitcoin slides under $80,000 amid Iran tensions, fragile crypto market liquidity

Bitcoin fell sharply in early Saturday afternoon trading in New York, sliding below the $80,000 mark to levels last seen in April 2025, as geopolitical shocks and fragile market structure combined to accelerate losses. Geopolitical shock hits risk appetite The move extended a drawdown that has now wiped more than 30% off the value of

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Business

Micron stock price forecast: any more room for upside?

Micron (MU) stock has been in a strong bull run since April 2025, when it bottomed at $62. It has soared to $415, making it one of the top gainers in the S&P 500 Index and Nasdaq 100.  Despite this surge, the stock has more upside in 2026 as the artificial intelligence tailwinds remain. It

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Business

Crypto market crash today: reasons why altcoins are going down

The crypto market crash accelerated during the weekend, with Bitcoin moving below the key support level at $80,000 for the first time in months. It was trading at $78,678 on Sunday, down sharply from its all-time high of $126,300. Ethereum price crashed to $2,400, while Binance Coin (BNB) fell to $770. The market capitalization of

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Business

Strait of Hormuz fears and low EU storage reignite uncertainty over European gas prices

European gas prices, already on a downward trend, face fresh uncertainty after heightened rhetoric between the US and Iran, fueled by statements from President Donald Trump, reignited fears over the security of the vital Strait of Hormuz—a transit point for a crucial one-fifth of the world’s seaborne LNG deliveries. LNG shipments from US terminals are

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