Gold prices eased slightly after the New York Federal Reserve reported the Empire State manufacturing index rose to 20.6 in August, its highest level in over four years, indicating strong regional economic growth. The report showed solid gains in new orders and shipments, longer delivery times, and worsening supply availability, alongside modest employment growth. Despite rising input costs, firms remain optimistic about future business conditions, expecting increased orders, shipments, and employment over the next six months. This data suggests a robust manufacturing sector which may influence market dynamics and gold demand going forward.
Ethena, the protocol behind the USDe synthetic dollar, is broadening its delta-neutral backing strategy from crypto to equity perpetual futures, which now have over $6 billion in open interest. This shift aims to tap into higher funding rates in equi...
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Elastic reported strong fiscal Q1 results and raised its full-year guidance, leading to a roughly 15% surge in its stock price. The company's consumption-based model protects it from typical SaaS risks and positions it well to benefit from increasing...
Meta Platforms continues to attract investor interest as its advertising revenue rose 27% year-over-year in Q2 2026, driven by AI enhancements that increased ad clicks and conversions. Despite concerns over high capital expenditures and a costly laws...
Bitcoin is currently trading around $79,800 with sellers temporarily in control, though the overall market trend remains bullish. The price has fluctuated between $78,597 and $81,281 in the last 24 hours, facing resistance near $83,000, a key level t...
