XAU/USD drops over 1.6% as US military action in Iran spurs demand for the safe-haven US Dollar. Gold prices fell more than 1.6% to below $4,500 as the US Dollar strengthened following US strikes in southern Iran. XAU/USD reached a daily high of $4,580 before retreating am
The UK imposes sanctions on HTX for alleged support of Russia, escalating regulatory pressure on digital asset operators linked to the region. The UK has sanctioned HTX, a cryptocurrency exchange, for its alleged support of Russia amid ongoing geopolitical tensions. The mo
The cut aims to accelerate domestic gas injection, targeting 14.6 billion cubic meters stored before the 2026–2027 heating season. Ukraine’s state energy regulator reduced natural gas storage fees by 11% to incentivize faster domestic buildup ahead of winter. The move incl
WULF rises 9% as the Bitcoin miner secures a 1 GW-capable site to expand AI infrastructure by 2028. TeraWulf announced the acquisition of a 285-acre site in eastern Kentucky to develop a 1 GW AI data center campus, with the first 500 MW slated for 2028. The move targets gr
Britain bars financial dealings with HTX and other firms accused of aiding Russian entities bypass international sanctions. The United Kingdom imposed sanctions on HTX, a major cryptocurrency exchange, for allegedly providing financial services to Russian entities evading
TeraWulf acquires Kentucky site for AI data center TeraWulf has acquired a large data center development site in Kentucky, adding significant capacity to its artificial intelligence and high-performance computing business. The site could eventually support more than 1
Global labor incomes may drop by $3 trillion by 2027 due to redirected trade flows and higher energy costs, the ILO estimates. The collapse of ship traffic through the Strait of Hormuz has forced a shift to new Eurasian trade corridors. The rerouting follows geopolitical t
WMT stock falls to $118, breaking below 50-day and 100-day moving averages following post-earnings decline. Walmart (WMT) shares extended their post-earnings selloff on Tuesday, trading near $118 after dropping below critical short- and medium-term moving averages. The dec
Wall Street anticipates HP posting earnings of 72 cents per share for Q2 amid a recent stock dip. HP (HPQ) will release its second-quarter earnings on Wednesday after markets close. The company's stock has fallen approximately 4% in trading ahead of the report, reflecting
Demand for tools that help improve the performance of artificial intelligence processors and push them faster to the marketplace has given chip stocks a boost. With that, Nova (NVMI) shares have participated in the stock market's AI boom and have gained nearly 50% year to
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