Just six months ago, most congressional Republicans kept their distance from Elon Musk after the tech mogul’s messy political breakup with President Donald Trump and his feverish attempt to kill their signature megabill. Musk is persona non grata no longer, thanks to his mega checkbook and mega platform — both of which he is now […]
Nvidia stock (NASDAQ: NVDA) surged over 1.5% on Tuesday, following the company’s $2 billion investment in CoreWeave. The investors remain focused on the strategic tie-up as a signal of locked-in demand for Nvidia’s AI chips amid sustained hyperscaler spending plans. Strategic positioning reinforces Nvidia’s AI infrastructure prospects Nvidia purchased approximately 23 million shares of CoreWeave […]
Oil prices jumped on Tuesday as a massive storm hit crude production and operations at refineries in the US Gulf Coast. Meanwhile, gold prices fell, but remained near their recent record highs above the $5,100 per ounce level. Silver prices on COMEX also fell sharply after hitting a record high of $113.438 per ounce earlier […]
Tesla’s brand value fell sharply in 2025, extending a decline that has now run for three consecutive years, according to a new report from Brand Finance. The electric vehicle maker lost an estimated $15.4 billion in brand value last year, a drop of about 36%, reflecting weakening consumer sentiment despite the company’s continued prominence in […]
Reddit (NYSE: RDDT) shares are crashing this morning after an Adweek report said YouTube has officially overtaken the forum social media platform as the primary source of data for AI models. Investors are bailing on RDDT stock also because a senior Cleveland Research analyst warned the company’s revenue growth might be slower than previously expected […]
TikTok has agreed to settle with the plaintiff in a high-profile lawsuit over the alleged harms of social media, removing the video-sharing platform from a landmark trial set to begin Tuesday in Los Angeles Superior Court. An attorney for the plaintiff confirmed that while TikTok will no longer be part of the proceedings, the trial […]
SovEcon, a prominent agricultural consultancy, has substantially increased its forecast for Russian wheat exports for the 2025-26 marketing season. The projection has been raised by a significant 1.1 million metric tons (mmt), bringing the total expected exports to 45.7 mmt. This revised figure represents a notable acceleration in Russia’s position as a major global wheat […]
Micron stock (NASDAQ: MU) climbed over 6% on Tuesday, after the memory chipmaker broke ground on a roughly $24 billion advanced wafer fabrication facility in Singapore. The move signals confidence that supply constraints will persist through the decade. The expansion addresses acute global memory shortages driven by surging demand for artificial intelligence. Tuesday’s rally reflects […]
The Trump administration delivered a stunning blow to health insurers, proposing a near-flat 0.09% payment increase for Medicare Advantage plans next year, far below Wall Street’s expectations of 4 to 6%. The decision triggered an immediate stock market rout: Humana plunged 13 to 20%, UnitedHealth and CVS each fell roughly 10 to 19%, erasing approximately […]
Bitcoin is stuck in a tight band ahead of this week’s Federal Reserve decision, with several analysts flagging a potential Wyckoff “spring” that could push prices below $80,000 before momentum rebuilds. Flows and positioning remain skewed by US institutions, while safe-haven assets surge and macro uncertainty rises. Bitcoin holds range as event risk builds Bitcoin […]