May 30, 2025
US appeals court reinstates Trump tariffs
A U.S. appeals court reinstated President Donald Trump’s sweeping tariffs, leaving Wall Street with no clear direction a day after most of the tariffs were blocked by a trade court, a move that had given markets a brief boost.
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May 30, 2025
Crypto mining stocks plunge as Fed warns of ‘difficult tradeoffs’
US crypto mining stocks tumbled after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained unscathed, despite the stock drops among crypto miners.
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May 30, 2025
Dell raises full-year profit forecast on strong AI server demand
Dell Technologies raised its annual profit forecast, signaling growing demand for its AI-powered servers that are equipped with Nvidia’s powerful chips, sending the computer hardware maker’s shares up 10% in extended trading.
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May 29, 2025
GameStop officially confirms first Bitcoin purchase
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin. The announced acquisition is GameStop’s first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March.
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May 29, 2025
Sterling steady against the dollar as economic data
Sterling was steady against the dollar, hovering near Monday’s three-year high, as it continued to be supported by favourable economic data last week as well as Britain’s recent trade deals. The Pound-Dollar pair fell 0.3% in the last session. The Stochastic-RSI is giving a negative signal.Support: 1.3362 | Resistance: 1.3581
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May 29, 2025
Oil gains on supply concerns, investors await July output decision
Oil prices gained on supply concerns as OPEC+ agreed to leave their output policy unchanged and as the U.S. barred Chevron from exporting Venezuelan crude. Investors previously anticipated members of OPEC+ would agree to a production increase later this week. The Oil-Dollar pair gained 0.6% in the last session after rising as much as 1.3% […]
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