Crude oil prices surged to $89.31 per barrel, marking a 55% gain year-to-date and reaching levels not seen since May. This rise is fueled by ongoing geopolitical tensions, particularly involving Iran and the Houthis, suggesting prolonged market volatility. Meanwhile, US tech giants investing heavily in artificial intelligence are seeing returns, but the high costs are impacting their free cash flow, drawing investor concern. Additionally, 10-year US Treasury yields climbed to 4.71%, near highs last seen in January 2025, contributing to a slight dip in major stock indices like the S&P 500 and Dow Jones.
Nvidia has signed agreements with eight leading Japanese industrial companies, including Toyota, Fanuc, and Kioxia, to join its Physical AI Coalition. This move strengthens Nvidia's position in the industrial AI market and confirms $1 trillion in dem...
The hacker behind the AFX Trade exploit converted 655.4 ETH into 18.86 BTC using THORChain, a cross-chain swapping protocol. This move shifts stolen funds from Ethereum to Bitcoin, complicating tracking and recovery efforts by changing the blockchain...
Advanced Energy Industries (AEIS) is set to benefit from growing investments in AI infrastructure and advanced semiconductor manufacturing. The company aims to expand margins by increasing product content per system and leveraging innovations like it...
Closed-end funds experienced broad weakness last week, with only 3 of 26 sectors showing positive price returns and an average price decline of 1.10%. The Real Estate sector outperformed, posting gains of 1.30% in price and 2.08% in net asset value (...
Ethereum exchange-traded funds (ETFs) led crypto fund inflows last week with $103.9 million, marking a third consecutive week of strong demand. Bitcoin ETFs saw declining inflows, dropping to $33.79 million amid two days of significant outflows. Mean...
