Bitcoin slipped below $69,000 on Friday as investors weighed a mix of macroeconomic developments and escalating geopolitical tensions in the Middle East. The world’s largest cryptocurrency fell as much as 4.2% during the session, extending a volatile week for digital assets. Market participants reacted to weaker-than-expected US labour data while also monitoring the intensifying conflict
The dramatic escalation of the US-Iran conflict, marked by the recent blockade of the Strait of Hormuz, has sent shockwaves through global energy markets. While broad indices falter under the weight of heightened uncertainty, Indonesia Energy (INDO) has defied the gloom, staging an explosive and volatile rally. This microcap explorer – insulated geographically from immediate
Tesla stock (NASDAQ: TSLA) slipped about 2% on Friday, and the options market is leaning with the move, not against it. For a stock that lives on momentum and belief, the tone in derivatives is clear: traders aren’t calling for a crash, but they are paying up to protect against more downside as Tesla grinds
Mounting redemption requests across private credit funds are raising fresh questions about the resilience of one of the fastest-growing corners of the global debt market. BlackRock, the world’s largest asset manager, has limited withdrawals from one of its flagship private credit vehicles for the first time, underscoring growing investor unease as volatility spreads across financial
Day One Biopharmaceuticals (NASDAQ: DAWN) ripped higher on Friday morning after Servier signed a definitive agreement to acquire the California-based firm for about $2.5 billion in cash. Servier’s deal rewrites DAWN’s technical profile, valuing its shares at $21.5 each, which translates to a nearly 70% upside from its previous close. Following this explosive move to
In 2026, the cryptocurrency scene in Latin America is about to reach a new stage as institutional players become more aware of the region’s possibilities. The market is transcending its conventional retail-driven model as banks, asset managers, and fintechs start to invest cash and infrastructure. Although policy divergence remains a significant issue among nations, regulatory
Oil prices inched toward $100 a barrel Friday as Iran’s missile barrages entered day seven, crippling shipping through the Strait of Hormuz and driving insurance rates sky-high. US President Donald Trump countered with a dramatic $20 billion US-backed reinsurance initiative through the Development Finance Corporation, aimed at guaranteeing safe oil tanker passage and stabilizing the
Micron Technology shares fell on Friday as weakness in South Korean memory names weighed on sentiment and US investors awaited February jobs data. The moves come as US stocks remained in the red amid the Iran conflict, while South Korean memory giants Samsung Electronics and SK Hynix also declined on the Korea Exchange. Micron edges
In 2025, artificial intelligence moved from tech circles into everyday life. It showed up everywhere, from conversations at the dinner table, in questions about whether the next phone or washing machine would run on AI, and in emails from managers urging employees to learn how to use it. Suddenly, the technology was no longer abstract.
Shares of Marvell Technology surged nearly 12% in premarket trading on Friday after the semiconductor company issued an upbeat long-term outlook, betting on sustained demand for its artificial intelligence-focused chips and data centre networking technologies. The rally shows that investors are confident that spending on AI infrastructure by major cloud providers will continue to fuel