Gold prices experienced volatility last week, dropping to a low near $4,023 after hotter-than-expected US inflation data and rising expectations of Federal Reserve rate hikes. Early safe-haven demand from Middle East conflicts initially supported gold above $4,300, but easing geopolitical fears and strong inflation readings pressured prices downward. The market awaits key central bank meetings, including the Fed's first under new chair Kevin Warsh, which will influence gold's near-term direction. Analysts remain divided, with some expecting gold to recover if a US-Iran peace deal materializes and oil prices stabilize, while others foresee further declines before a potential longer-term rally.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
