As crude oil prices crash, these energy stocks are soaring
Energy stocks have plunged hard in the past few days as crude oil prices continued crashing. The Vanguard Energy ETF (VDE) has retreated in the past four consecutive days, moving…
iPhone 16 launch today: What to expect from Apple’s ‘It’s Glowtime’ event 2024?
Apple’s highly anticipated ‘It’s Glowtime’ event is set for September 9, 2024, where the tech giant is expected to reveal its latest innovations. This annual event traditionally spotlights new flagship…
Occidental (OXY): Warren Buffett’s top oil stock gets oversold
Occidental Petroleum (NYSE: OXY) stock price is falling apart. It has crashed in the last four consecutive weeks, moving to its lowest level since April 2022. After peaking at $70.73…
US takes aim at Google’s $200 billion ad tech business; Alphabet faces antitrust battle
The US Department of Justice (DoJ) is set to challenge Google’s highly profitable ad tech business in a landmark antitrust trial. Starting on Monday, the case will focus on whether…
BBVA adds USDC custody and trading services for its Switzerland clients
Spain’s multinational banking and financial services company Banco Bilbao Vizcaya Argentaria, SA, has expanded its digital asset services by adding USD Coin (USDC) for its institutional and private banking clients…
What is the 2025 outlook for the global economy?
As 2025 approaches, Capital Economics analysts said in a note this week that they expect a modest recovery for most major global economies following a challenging second half of 2024.…
What are the pressure points that the US can utilize against China?
Investing.com — According to BCA Research’s GeoMacro Strategy service, the U.S. has two key leverage points it can use against China. First, the U.S. consumer market is the largest globally,…
What are the economic and investment implications of higher tariffs
Investing.com — The possible reintroduction and increase of tariffs in the United States, especially with the 2024 presidential election approaching, could have major effects on the economy and investments. Tariffs,…
Europe’s millionaires are moving here and London isn’t in their top 5 choices
The trend of high-net-worth individuals (HNWIs) relocating to European cities is gaining momentum. According to Knight Frank’s latest European Lifestyle Report, 83% of millionaires who are contemplating moving abroad prefer…
Behind Telegram’s crypto boom: How digital assets fuel platform’s growth despite legal woes
The arrest of Pavel Durov, founder of Telegram, in France has stirred heated discussions about the responsibility of tech platforms in moderating content. Durov, who was taken into custody for…