The Middle East war has reached 100 days, causing global market volatility and rising inflation due to higher energy and commodity prices. While some stock markets like Wall Street have rebounded, driven by optimism in AI and U.S. companies, European markets remain subdued amid energy cost concerns. Bond yields have surged as investors price in inflation and tighter monetary policies. Oil prices remain elevated due to supply disruptions, with fears that prolonged conflict could push prices above $100 per barrel. Inflation is rising in major economies, prompting government interventions, and the conflict's economic impact continues to unfold amid fragile ceasefire and stalled peace talks.
The head of the International Air Transport Association (IATA) warned that soaring jet fuel prices driven by the Iran war could push more budget airlines to bankruptcy or acquisition this year. Budget carriers are hit hardest due to their lack of hig...
Filecoin (FIL) fell 7% in 24 hours, extending its weekly loss to 26% after losing a critical support zone between $0.80 and $0.83. This support had held for nearly two months but its failure led to a sharp 47% drop from May highs. The current market ...
Bitmine Immersion Technologies secured $280 million through a Series A preferred stock offering to fund expansion into Ethereum-related infrastructure, shifting focus from Bitcoin mining to GPU-based computing for Ethereum staking and services. Despi...
The health care sector has risen sharply, gaining 5.2% over the past three sessions despite the broader S&P 500 index falling, mainly due to weakness in tech stocks. This rapid rise pushed health care to an overbought level quickly, marking one of th...
TRX, the native token of the TRON network, has been listed for spot trading on Bitnomial, a US derivatives exchange regulated by the CFTC. This listing provides US traders and institutions a compliant way to access TRX, expanding TRON's presence in t...
