Shares of Meta Platforms fell sharply in early trading on Thursday, dropping around 9%. The move comes despite the company reporting better-than-expected first-quarter results, as investors reacted to a significant increase in capital expenditure guidance. The decline underscores growing market sensitivity to the cost of artificial intelligence investments, even as revenue and profitability remain strong.
Nexo, a digital assets wealth platform, has expanded its Zero-Interest Credit (ZiC) product to include Solana’s SOL and Ripple’s XRP as supported collateral assets. With this move, Nexo becomes the first platform to offer 0% APR, no-liquidation lending backed by either asset, adding to its existing BTC and ETH collateral options. ZiC, which was named
ExxonMobil, the world’s largest publicly traded energy giant, is set to release its fiscal first-quarter 2026 earnings report before the US market opens on May 1. These will be the company’s first full quarterly results since the outbreak of the Hormuz conflict, with investors keenly watching the impact on its bottom line. ExxonMobil’s revenue is
Shares of Alphabet Inc. surged on Thursday after the company delivered a strong first-quarter earnings report, easing investor concerns over its rising capital expenditure tied to artificial intelligence infrastructure. The stock gained 7.74% to $374.22, its 52-week high, as markets responded positively to robust growth across its cloud and core advertising businesses, even as spending
Oil prices spike as the Hormuz closure persists, forcing a hawkish Fed to delay rate cuts amid Powell’s imminent succession. The Shadow of Hormuz: Energy Shocks and the Geopolitical Stalemate The global energy market is currently held hostage by a high-stakes standoff in the Persian Gulf. With the Strait of Hormuz entering its second month
On Wednesday, April 29, 2026, Bitcoin (BTC) continues to navigate a challenging technical landscape as it encounters stiff upside resistance following the Federal Reserve’s latest interest rate decision. Despite several attempts by bullish traders to reclaim the psychological threshold of $80,000, the digital asset has faced repeated rejections from key supply zones, leading to a
The US dollar is maintaining its upward momentum in the wake of the Federal Reserve meeting, supported by a relatively hawkish tone from policymakers and remarks by Jerome Powell. Investors are interpreting the Fed’s messaging as an indication that tight monetary conditions may persist for an extended period, reinforcing Treasury yields and sustaining demand for
European currencies are currently moving cautiously, shifting into a consolidation phase after their recent rally. Both EUR/USD and GBP/USD previously broke out of established ranges and moved higher, but a subsequent pullback has brought them back to retest the upper boundaries of those former sideways corridors. Holding near these levels signals a temporary balance between
EURJPY cryptocurrency be expected to rise to the next resistance level 188.00 (which stopped the previous impulse wave iii earlier this month). EURJPY reversed from support area Likely to rise to resistance level 188.00 EURJPY currency pair recently reversed up from the support area between the pivotal support level 186.20 (former strong resistance from January
Dogecoin cryptocurrency be expected to rise to the next resistance level 0.1165 (former monthly high from the middle of February). Dogecoin broke daily Triangle Likely to rise to resistance level 0.1165 Dogecoin cryptocurrency recently broke the resistance area between the resistance level 0.1050 (which is the upper border of the sideways price range inside which