Oil prices have fluctuated amid ongoing tensions around the Strait of Hormuz but remain below $100 per barrel. Key factors preventing a super-spike include smaller-than-expected inventory draws, reduced demand from China, and faster-than-anticipated supply increases, especially from the U.S. and South America. While geopolitical risks persist, major agencies like OPEC and the IEA forecast a recovery in oil demand later this year and into 2027. Investors are watching energy stocks closely, with several firms recommending select oil, gas, and renewable energy companies as attractive buys amid market volatility.
Tesla has increased its control of the U.S. electric vehicle (EV) market to 59%, marking its highest market share since 2023. This growth highlights Tesla's strong position and continued dominance in the competitive EV industry. The increased market ...
In June, President Donald Trump disclosed more than 1,000 financial transactions involving stocks, bonds, and ETFs, indicating a broad reshuffling of his investment portfolio. His transactions ranged between $78.1 million and $263.1 million, with pur...
Galaxy Research highlights Bitcoin's 50-week moving average near $82,470 as a key indicator to confirm the end of the current bear market. Historically, Bitcoin has successfully held this level in 11 of 13 instances after bear markets, making it a mo...
Paramount issued a strong statement condemning actor Mark Ruffalo for using antisemitic tropes in his criticism of the company's $110 billion merger with Warner Bros. Ruffalo posted a video linking Oracle's technology to military efforts and accused ...
The Sandbox suspended SAND token bridging on Base and BNB Smart Chain after an attacker exploited the cross-chain system to mint unbacked tokens, isolating SAND on these networks. The Ethereum-based SAND remains secure and unaffected, with no user wa...
