Dollar on defensive after soft data, battered yen under watch
The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, offering…
Bitcoin Slides on Biden Drama, Risk of Sales Linked to Mt. Gox
A third-straight daily slide in Bitcoin took the digital asset close to levels last seen in February amid challenges including…
Global Oil Outlook Faces Challenge as China Softness Surfaces
The global oil market faces soft spots in the outlook for Chinese demand this half, potentially adding a headwind for…
Analysts ring up Walmart stock price target after meeting with executives
It’s the largest retailer in the world, serving nearly 37 million people every day. Yet there’s a man in Florida…
Rivian Joins EV Maker Stock Surge After Strong Delivery Numbers
Rivian shares jumped Tuesday after the electric vehicle maker reported positive second-quarter production and delivery figures. Rivian’s numbers surpassed analysts’…
European Stocks Set to Rise on Fed Rate-Cut Bets: Markets Wrap
European equity futures rose, tracking a record S&P 500 close, on optimism about US interest-rate cuts after Federal Reserve Chair…
Oil trades near two-month high on summer demand outlook
Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for…
Nvidia to Be Hit by French Antitrust Complaint
French antitrust enforcers are preparing to charge Nvidia Corp. with allegedly anticompetitive practices, as the world’s most valuable chipmaker faces…
Tesla is running out of excuses for its prolonged sales slump
Tesla (TSLA) Inc. is expected to report another quarter of weaker sales, and it’s running out of alibis. Analysts are…
Bitcoin Investors Begin to Ponder What’s Next After ETF Mania Cools
As the second-quarter draws to a close, crypto investors are left wondering what’s next for Bitcoin after it retreated from…