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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Meta Platforms strikes geothermal energy deal to power US data centers
Facebook owner Meta Platforms (NASDAQ:META) struck a deal to buy geothermal
power from Sage Geosystems to supply its U.S. data centers, it said on Monday,
as it races to build out the infrastructure to support its massive investments
in energy-hungry artificial intelligence.
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Satoshi Nakamoto's Crucial Bitcoin Insight Echoes After 14 Years: Details
The profound insight of Bitcoin's mysterious creator, Satoshi Nakamoto,
continues to resonate a decade and a half after Bitcoin’s inception.
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Safe-haven yen, US dollar rally on escalating Middle East tension
The U.S. dollar rallied from an eight-month low on Monday, while the yen rose
against most currencies, as geopolitical tension in the Middle East intensified,
prompting investors to seek safe-haven shelter.
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US stocks slightly higher as week starts; Dow, S&P 500 near record highs
U.S. markets opened higher on Monday morning, with investors focused on results
from AI-darling Nvidia (NASDAQ:NVDA) and a key inflation report due later in the
week, amid expectations for a September rate cut from the Federal Reserve.
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Breaking down the correlation between oil and gold prices
Economic analysts, investors, and market analysts have long been interested in
the relationship between oil and gold prices.
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Is Intel gearing up for activist investor? Analysts say what to do with the stock
According to a CNBC report last week, Intel (NASDAQ:INTC) has enlisted the help
of advisors, including Morgan Stanley, to prepare for potential challenges from
activist investors, as CEO Pat Gelsinger works to revitalize the struggling
chipmaker.
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