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Mon, Jul 20, 2026 05:01 AM All times are UTC

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J.P. Morgan Sees Major Upside for Prysmian as Optical Fiber Prices Surge

Jun 08, 2026 06:48 am UTC| Business Insights & Views

J.P. Morgan has placed Italian cable manufacturer Prysmian (BIT: PRY) on its Positive Catalyst Watch list while maintaining an Overweight rating and a 172 price target. The investment bank believes rapidly rising optical...

Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027

Jun 08, 2026 05:24 am UTC| Insights & Views Economy Central Banks

Goldman Sachs has revised its outlook for U.S. monetary policy, predicting that the Federal Reserve will keep interest rates unchanged through 2026 and postpone any rate cuts until 2027. The updated forecast reflects...

Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook

Jun 07, 2026 00:00 am UTC| Insights & Views Economy

Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Bitcoin Bloodbath: $3.5B Capitulation Unleashed as Weak Hands Fold—Is the Bottom In?

Jun 05, 2026 14:03 pm UTC| Digital Currency Insights & Views

People who bought Bitcoin recently, within the last 155 days, sold off a huge amount of it between June 3 and 4. They dumped about 53,800 BTC, worth $3.4 to $3.5 billion, onto exchanges at a loss, making this the biggest...

Gold Tumbles Below $4,400 on NFP Shock: Fed Easing Bets Crater, Sell on Rallies to $4,300

Jun 05, 2026 13:43 pm UTC| Insights & Views

Gold is valued below $4400 since positive employment data has diminished the likelihood of an interest rate cut by the Fed. After registering an intraday low of about $4397, gold is now trading close to $4405. The U.S....

Payroll Powerhouse: May NFP Rockets to 172K as Rate-Cut Hopes Crater

Jun 05, 2026 12:53 pm UTC| Insights & Views

The U.S. labor market produced a thunderclap on Friday as May Nonfarm Payrolls soared to 172,000 jobsmore than doubling the median prediction of 85,000and crushed even the most optimistic projections. Along with a...

While Retail Panics, Whales Feast: $14.6M DeFi Accumulation Spotted in Fresh Wallets

Jun 05, 2026 09:46 am UTC| Digital Currency Insights & Views

Though the larger crypto markets fall, a surge of recently generated whale wallets is purposefully buying Ethereum-based altcoins in a calculated dip. Lookonchain data shows that new wallets enabled in only the past four...

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Economy

Asian Currencies Hold Steady as Fed Outlook Offsets Middle East Tensions

Asian currencies traded in narrow ranges on Monday as investors weighed renewed demand for the U.S. dollar following escalating tensions in the Middle East against lower U.S. Treasury yields and expectations that the...

China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven

Chinas central bank left its benchmark lending rates unchanged on Monday for the 14th straight month, in line with market expectations, as policymakers continued to prioritize monetary policy stability while navigating an...

Gold Prices Slip Near $4,000 as U.S.-Iran Conflict Fuels Inflation Fears

Gold prices edged lower on Monday, hovering near the critical $4,000-an-ounce level as escalating military tensions between the United States and Iran pushed oil prices higher and renewed concerns that inflation could...

Deutsche Bank Says Fed Balance Sheet Cuts Could Weaken US Dollar Instead of Boosting It

Deutsche Bank believes the U.S. dollar could come under pressure if the Federal Reserve chooses to tighten monetary policy primarily by shrinking its balance sheet rather than raising interest rates. The view comes as the...

Oil Prices Surge as U.S.-Iran Conflict Escalates, Raising Supply Fears

Oil prices climbed sharply in early Asian trading on Monday as escalating military exchanges between the United States and Iran intensified concerns over potential disruptions to global crude supplies, particularly through...

Politics

Trump Says Qatari-Donated Air Force One Jet to Undergo Security Upgrades Soon

U.S. President Donald Trump said the Qatari-donated Boeing 747 currently serving as Air Force One will soon be sent for additional upgrades aimed at maximizing its capabilities, addressing ongoing questions about the...

Trump Calls for Review of Federal Judicial Center Climate Science Manual

U.S. President Donald Trump has called for a review of the Federal Judicial Centers (FJC) scientific reference manual related to climate change, claiming the publication contains discredited information that has...

Trump Urges Canada to Curb Ontario Wildfires, Floats Tariffs Over Smoke Impact

U.S. President Donald Trump said he urged Canadian Prime Minister Mark Carney to strengthen efforts to control the ongoing Ontario wildfires, arguing that the smoke drifting into the United States has disrupted daily life...

Hungary President Tamas Sulyok Removed After Constitutional Amendment Signed

Hungarian President Tamas Sulyok has signed a constitutional amendment that immediately ends his term in office, formalizing a major political overhaul led by Prime Minister Peter Magyar and his ruling Tisza party. The...

US Service Member Killed During Explosive Disposal of Downed Iranian Drone in Iraq

A U.S. service member was killed in northern Iraq on Saturday while taking part in a controlled detonation of unexploded ordnance from a downed Iranian one-way attack drone, according to a statement released by U.S....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...

Foxconn Wins First SpaceX AI Server Contract Worth Estimated $52 Billion

Taiwans Hon Hai Precision Industry, better known as Foxconn, has reportedly secured its first contract to manufacture artificial intelligence (AI) servers for Elon Musks SpaceX, marking a major expansion of its AI...

SpaceX Targets Thursday Launch for Starship's 13th Test Flight After Last-Minute Delay

SpaceX (NASDAQ: SPCX) plans to launch the 13th test flight of its Starship rocket as early as Thursday, following the cancellation of a previous launch attempt just minutes before liftoff due to engine startup issues. The...

TSMC Sees Multi-Year AI Chip Demand as Arizona Expansion Reaches $265 Billion

Taiwan Semiconductor Manufacturing Co. (TSMC) expects strong long-term demand for artificial intelligence (AI) chips as it accelerates its U.S. expansion, committing a total of $265 billion to its Arizona operations. The...

Nationwide Data Center Protests Highlight Growing Backlash Against AI Expansion

Opposition to the rapid expansion of AI data centers spread across the United States on Saturday as activists staged 142 protests in 42 states, marking the first coordinated nationwide demonstration against the industrys...