Goldman Sachs has revised its year-end 2026 gold price projection upwards, increasing the forecast to $5,400 per ounce from the previous $4,900/oz. This adjustment is attributed to the ongoing trend of private-sector and emerging market central banks diversifying their reserves into gold. Gold prices on COMEX had hit a fresh record high of $4,890 per […]
Eternal (ETEA.NS) shares rose on Thursday after its quick-commerce arm Blinkit broke even, a milestone that boosted investor confidence in the company’s ability to hold firm in India’s fast-growing rapid delivery market. The stock jumped as much as 8% during the session, but lost most of the gains and was trading down by 0.92% at […]
BitGo is poised to become the first cryptocurrency company to list in the United States this year after pricing its initial public offering above expectations, in a milestone debut for the digital asset industry amid ongoing regulatory and market uncertainty. The Palo Alto-based firm, one of the largest crypto custody providers in the US, said […]
Tesla shares fell sharply on Tuesday, tracking a broad market selloff that hit large technology stocks as investors fled riskier assets amid escalating trade tensions. The electric-vehicle maker’s stock was down around 3% in midday trading, moving in lockstep with the wider retreat from mega-cap technology names. The declines followed renewed tariff threats from President […]
The artificial intelligence (AI) boom has sparked major “euphoria” across industries – sending the benchmark S&P 500 index to a near 7,000 level. Still, some Wall Street experts continue to recommend caution, citing three major risks that could “derail” the sector in 2026: Smaller firms running out of capital Disruptive tech breakthroughs that reduce compute […]
Wheat prices in European Russia have dropped to their lowest level since July 2024, continuing a downward trend, according to a recent report from SovEcon. As of January 14, the average price for fourth-grade food wheat fell to 13,050 rubles per metric ton ($165/mt) from 13,150 rubles per metric ton ($168/mt) a week earlier. The […]
As the tennis world turns its attention to the opening Grand Slam of the season, Australian Open 2026, WhiteBIT, Europe’s largest cryptocurrency exchange by traffic, and Elina Svitolina — Olympic bronze medalist, Jean King Cup 2025 semifinalist and 19-time WTA singles champion — have announced a strategic partnership. The announcement comes at a key moment […]
Global markets may look serene, but beneath the surface, political risk is surging. Bank of England Governor Andrew Bailey is warning that geopolitical shocks, from trade escalation to threats against Fed independence, could trigger abrupt repricing with global consequences. Meanwhile, Germany’s ThyssenKrupp Marine Systems is upping the stakes in Canada’s submarine race with a sweeping […]
Markets are repricing power, not growth. Netflix just went all-cash on Warner Bros. Discovery at $27.75 a share, removing stock-risk and forcing Paramount into a credibility fight it can’t win. At the same time, geopolitics is overwhelming fundamentals: gold is ripping to fresh records as tariff threats around Greenland morph into a NATO stress test […]
Corvus Pharmaceuticals (NASDAQ: CRVS) shares more than doubled on Jan. 20 after announcing positive Phase 1 trial data for “soquelitinib” – its oral investigational drug for atopic dermatitis. Soquelitinib demonstrated strong efficacy in treatment-resistant patients and a “favourable” safety profile, sparking chatter about “best-in-class” potential in the massive dermatology market. Following today’s rally, Corvus stock […]