Oil prices rose slightly but remain pressured due to increased supply from OPEC+ and the UAE, which may cap gains despite easing geopolitical risks. WTI oil must hold the $66 support level to avoid a deeper drop toward $60, while Brent oil is consolidating near $72-$74 with potential to rebound above $80 if demand improves. The market is closely watching demand signals, especially from China and Asia, where Saudi Arabia has cut crude prices, indicating weaker demand. Overall, oil prices are at a critical point where supply growth and subdued demand will dictate the next significant move.
Edelson Lechtzin LLP is investigating Kering S.A. for potentially keeping tariff-related price increases on luxury brands like Gucci and Saint Laurent without refunding consumers after the U.S. Supreme Court ruled the tariffs unlawful in February 202...
On July 6, U.S. spot Bitcoin ETFs attracted $266 million in net inflows, with BlackRock's iShares Bitcoin Trust (IBIT) leading at $209 million. This marks a strong return of institutional interest after previous outflows in May and June, suggesting i...
Bitcoin briefly rose above $64,000 before settling in the low $63,000s, maintaining a 6% weekly gain despite Strategy selling 3,588 BTC worth about $216 million. This recovery follows a drop to near $58,000 in late June and shows resilience amid thin...
American Bitcoin Corp. announced its Bitcoin reserve has grown to over 8,000 BTC, valued at around $512 million, marking more than triple growth since its Nasdaq debut. The company recently completed a 1-for-15 reverse stock split to raise its share ...
Discovery Mining is focusing on brownfield infrastructure consolidation in Timmins, prioritizing integrated metals and operational flexibility over single-asset development. The company reported strong Q1 2026 results with $177.9 million EBITDA and $...
