US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data released Thursday by the US Census Bureau, Retail Sales increased 0.5% month-on-month in April to $757.1 billion. The reading followed a revised 1.6% increase in March, which was previously reported as 1.7%.
Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by over 15% to $15, reaching its highest point since March 16 this year. It has now soared by nearly 30% from its all-time low. Klarna stock jumps after releasing strong numbers Klarna,
US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued momentum in artificial intelligence-linked semiconductor stocks despite persistent inflation concerns. The Dow Jones Industrial Average rose 387 points, reclaiming the 50,000 level it reached earlier this year. S&P 500 gained about 0.34%,
Grvt, a self-custodial onchain trading and wealth platform built on ZKSync, announced Thursday that it is integrating the Janus Henderson Anemoy Treasury Fund into its earn products through a partnership with Centrifuge. The move marks the company’s expansion beyond perpetuals trading into broader wealth management products tied to tokenized real-world assets. Through the integration, Grvt
Oobit, the crypto payments platform backed by stablecoin issuer Tether, has officially launched in Colombia, its ninth live market and the latest leg of a regional expansion that already spans Argentina, Chile, and Brazil. The announcement comes as the region’s crypto economy, valued at roughly $44 billion, continues to attract fintech operators betting on practical,
Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and expectations of another blockbuster earnings report later this month. The stock rose by 2.6% at the market open to cross the $231 mark after closing
Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the company’s turnaround strategy and operational changes could drive stronger sales growth and margin recovery in the coming years. The stock reached $108.88, extending a rally that has pushed shares up 28% year
US wholesale inflation accelerated sharply in April, underscoring growing price pressures across the economy as higher energy costs and supply chain disruptions continued to ripple through businesses. The Producer Price Index for final demand increased 1.4% in April on a seasonally adjusted basis, data released Wednesday by the US Bureau of Labor Statistics showed. The
Solana-based PreStocks tied to Anthropic and OpenAI have plunged this week after both artificial intelligence firms warned that unauthorised share transfers conducted through tokenized structures and special-purpose vehicles may be invalid and carry no shareholder rights. According to statements published by Anthropic and OpenAI earlier this week, the companies do not recognise transfers of their
Danmarks Ishockey Union (DIU) has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team. The partnership will launch during the 2026 IIHF Ice Hockey World Championship in Switzerland. The collaboration will focus on two joint initiatives built on Concordium’s AI infrastructure. The first is a Verified Fan Programme, which will