Invesco QQQ and Schwab SCHG ETFs deliver outsized returns, fueled by tech giants and AI growth over the past decade. The Invesco QQQ ETF (NASDAQ: QQQ) has surged 625% over the past 10 years and 1,600% since its 1999 launch, driven by heavy exposure to the "Magnificent 7" a
A 1.3% rebound in crypto market capitalization follows the deepest oversold conditions since 2020, easing bearish pressure. The total cryptocurrency market capitalization rose 1.3% in the last 24 hours to $2.18 trillion, recovering from its most extreme oversold levels sin
The contract aims to enhance production efficiency at BP’s Thunder Horse field in the Gulf of Mexico using standardized subsea solutions. BP has awarded SLB OneSubsea a contract to supply a subsea boosting system for the Thunder Horse project in the Gulf of Mexico. The agr
MicroStrategy’s latest bitcoin purchase fails to lift prices as investors await U.S. inflation data and Fed policy signals. Bitcoin remained flat near $62,600 after MicroStrategy added 1,550 BTC for $101 million, increasing its total holdings to 845,256 coins. The move fol
Eni and Petronas launch joint venture for Indonesian and Malaysian assets Eni and Petronas have established Searah, a 50:50 independent joint venture. The new venture will oversee a significant portfolio of gas-producing and development assets in Indonesia and Malaysi
Marvell Technology jumps 9% after joining the S&P 500, driving a tech rebound amid strong AI-driven chip demand. U.S. markets saw a modest rebound led by tech megacaps, with chipmaker Marvell Technology surging 9% following its inclusion in the S&P 500. However, 60% of the
Beijing plans to spend 2 trillion yuan to build nationwide data centers, aiming to accelerate domestic AI development and reduce reliance on US tech. China will invest approximately 2 trillion yuan ($295 billion) over the next five years to construct a network of data cent
Asia’s benchmark LNG prices are set to jump to the highest level in three and a half years in the second half of 2026 as demand is rising amid high electricity summer demand and the EU needs to refill depleted gas storage sites, Morgan Stanley analysts reckon. The Asian LN
Brent crude drops $1.55 to $92.70 after both nations pause attacks, erasing Monday’s 5% gain amid supply concerns. Oil prices fell sharply on Tuesday, reversing most of the previous session’s rally after Iran and Israel halted attacks following a U.S. appeal. Brent crude d
Alberta aims to attract tech firms with low-cost natural gas for data centers, conflicting with Canada’s clean energy expansion plans. Alberta is marketing its cheap natural gas and cooler climate to lure tech companies building AI data centers, positioning itself as a cos
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