Economy

Economy
Economy

Nio stock: Why Tesla rival dropped despite strong revenue growth

Nio stock continued its strong downward trend, reaching its lowest level since July 2025 after the company announced its financial results, which showed that its losses continued last quarter. It dropped to a low of $4.20, down by over 40% from its highest point this year.  Nio’s losses continued despite the revenue boom Nio, a

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Economy

Dow falls 250 pts as oil, Treasury yields rise and Fed rate hike bets grow

US stocks opened lower on Tuesday, the first trading day of September, as rising Treasury yields, higher oil prices and renewed Middle East tensions pressured investor sentiment. Traders also increased their expectations for a Federal Reserve rate hike later this month, adding to concerns over the outlook for equities. The Dow Jones Industrial Average was

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Economy

Amazon stock falls on FTC lawsuit but analysts bullish despite near-term pressure

Amazon shares came under pressure on Tuesday as investors weighed a new antitrust lawsuit from US regulators against the company’s growing advertising business, while broader market weakness added to the selling pressure. Amazon AMZN stock was down nearly 1.8% in trading, extending Monday’s decline after the Federal Trade Commission and 22 US states sued the

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Economy

BONK jumps 7% as rising futures demand supports a breakout attempt

Bonk extended its recovery on Tuesday, rising 7% after posting a similar gain during the previous session. The two-day advance has allowed the Solana-based memecoin to recover the 14% decline it suffered last week.  Improving conditions across the broader cryptocurrency market have renewed demand for speculative assets, with retail traders increasing their exposure to BONK.

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Economy

Can ARB price reach $0.14 after 30% rally powered by Robinhood chain?

Arbitrum has gained nearly 30% over the past 24 hours as record activity on Robinhood Chain and a sharp increase in trading volume have pushed ARB towards the $0.12 resistance level. CoinGecko data puts ARB near $0.11 at the time of writing, after the token climbed from roughly $0.085 and briefly traded close to $0.12. 

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Economy

Kospi Index at a crossroads as Samsung, SK Hynix leverage bets reverse

The Kospi Index has come under intense pressure in the past few months as top constituents like Samsung Electronics and SK Hynix lost momentum and as wary South Koreans pare back their leveraged bets. It dropped to 6,788 on Friday, down by 27% from its highest point this year. South Koreans ditch their leveraged bets

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Economy

Will Viktor Hovland survive the final round? Scheffler and McIlroy lurk behind

Viktor Hovland, the 28-year-old Norwegian, is eyeing a major career milestone if today goes as planned. With the 2026 PGA Tour season drawing to a close, he holds a one-point lead at the East Lake Golf Course. It will not be easy for Hovland as he has some of the best players in the game

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Economy

Crude oil prices retreat: Brent, WTI slip even as rebound risks persist

Crude oil prices held in a tight range this week as investors focused on the stalemate between the US and Iran. Brent, the global benchmark, ended the week at $88.28 a barrel, while West Texas Intermediate (WTI) settled at $83.45. Both benchmarks remain more than 30% below their highs for the year, and key developments

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Economy

Pentagon defeated: Anthropic poised for blockbuster IPO after landmark court win

Artificial intelligence powerhouse Anthropic secured a milestone victory late Thursday when US District Judge Rita Lin declared the Pentagon’s attempts to blacklist the firm illegal. The court ruled that Defense Secretary Pete Hegseth engaged in “unlawful retaliation” following Anthropic’s refusal to lift guardrails prohibiting its Claude model from being deployed in autonomous lethal weapons and

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Economy

Apple stock rises ahead of Sept. 9 event with foldable iPhone in focus

Apple AAPL stock rose 1.5% on Friday, extending a strong run ahead of the company’s September 9 product event. Shares are up roughly 37% over the past year, with investors watching for a refreshed iPhone lineup and the potential debut of Apple’s first foldable device. September event puts iPhone lineup in focus Apple has confirmed

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