Oil prices climbed sharply on Monday after Israel ordered its troops to advance further into Lebanon, escalating tensions with the Iran-backed Hezbollah group. This move threatens the fragile ceasefire brokered by the U.S. between Washington and Tehran, despite a ceasefire declared in April. Brent crude rose 2.45% to $93.35 per barrel, and West Texas Intermediate gained 2.8% to $89.78. Goldman Sachs highlighted risks to its oil price forecasts, noting that while supply disruptions in the Middle East could push prices higher, weakening demand from China and Europe could offset gains, posing downside risks to the market.
Atlas Salt Inc. announced a $10 million bought deal financing agreement with Ventum Financial Corp. and Raymond James Ltd. to sell 8.33 million shares at $1.20 each, with an option to sell an additional 15%. The funds will support site preparation, e...
The US Department of Commerce has closed a loophole that allowed advanced AI chips from Nvidia and AMD to be exported to Chinese companies operating outside China, such as in Malaysia. This move strengthens US efforts to restrict China's access to cr...
Michael Saylor, executive chairman of Strategy, posted "Working ₿etter" on social media, sparking speculation of a new Bitcoin purchase by the company. Strategy has a history of buying Bitcoin soon after similar posts, but it hasn't bought any since ...
Hyperliquid's native token, HYPE, has overtaken Dogecoin in market capitalization, securing a spot among the top 10 cryptocurrencies globally as of May 2026. Trading near $69 with a market cap between $15.4 billion and $17 billion, HYPE's rise reflec...
A prominent Ethereum developer attributes Ether's 65% decline against Bitcoin since the 2022 Merge to strategic errors by the Ethereum Foundation, including slow product execution and missed opportunities. Criticisms include Ethereum's focus on envir...
