Economy

Economy
Economy

Eli Lilly beats earnings, lifts outlook on booming Zepbound and Mounjaro sales

Eli Lilly reported stronger-than-expected fourth-quarter earnings and issued robust guidance for the coming year, as soaring demand for its GLP-1 drugs reaffirmed its dominance in the global weight-loss drugs market. The US pharmaceutical giant posted net income of $6.64 billion, or $7.39 a share, up from $4.41 billion, or $4.88 a share, a year earlier.

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Economy

Polygon price forecast: POL surges 12% on ERC-8004 standard adoption

Polygon’s POL is one of the best performers among the top 100 cryptocurrencies by market cap. The coin takes a breather above $0.11 after adding 11% to its value in the last 24 hours. The rally comes as Polygon recorded its largest monthly burn of more than 25 million POL tokens in January. This latest

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Economy

US stocks open mixed: Nasdaq climbs 0.6%, Dow slips 300 points

US stocks were mixed on Tuesday as gains in large technology companies lifted the broader market, while sharp losses in health insurers weighed heavily on the Dow Jones Industrial Average. Investors also positioned cautiously ahead of a heavy slate of corporate earnings and the Federal Reserve’s first policy decision of the year, due on Wednesday.

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Economy

US stocks open in the green: S&P breaches 7,000, Nasdaq climbs 0.7%

US equities advanced on Wednesday, with the S&P 500 reaching the 7,000 level for the first time, as investors positioned ahead of the Federal Reserve’s interest rate decision and a slate of earnings reports from major technology companies. The benchmark index rose 0.3% and touched an intraday high of 7,002.28, marking a symbolic milestone for

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Economy

US stocks open flat after Big Tech earnings, Fed decision: S&P below 7,000

US stocks were mixed on Thursday as investors balanced a fresh wave of earnings from major technology companies against the Federal Reserve’s latest interest rate decision and lingering political and geopolitical uncertainty. The S&P 500 edged up 0.1%, reflecting a cautious tone after the benchmark briefly crossed the 7,000 level in the prior session. The

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Economy

US stocks open in the red: S&P 500 slips 0.3%, Dow downs 140 points

US stocks edged lower on Monday as Wall Street kicked off a new month of trading under renewed pressure from technology shares and sharp swings in cryptocurrencies and precious metals. The S&P 500 was last down 0.3%, moving in tandem with the Nasdaq Composite. The Dow Jones Industrial Average fell 143 points, or 0.3%, as

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Economy

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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Economy

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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Economy

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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Economy

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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