The blockchain analytics firm reduces staff amid broader industry job cuts, citing a shift toward institutional data products. Dune, a crypto data analytics provider, has laid off 25% of its workforce as part of a restructuring effort. The company stated it will focus on e
US stocks reverse record highs as Iran nerves bite The US stocks have reversed their record highs as tensions with Iran continue to escalate. Trump's patience on Iran is wearing thin, causing market caution. The PBOC has set the USD/CNY reference rate for today at 6
NNE outlines plans to begin microreactor construction at University of Illinois in mid- to late 2027 pending NRC approval. Nano Nuclear Energy Inc. (NNE) expects to start construction of its first microreactor at the University of Illinois in mid- to late 2027. The timelin
Xos reaffirms its 2026 revenue guidance while pivoting its business mix toward higher-margin hubs and powertrain segments. Xos Inc. (XOS) confirmed its 2026 revenue projection of $40M to $50M during its Q1 2026 earnings call, citing a strong start to the year. The company
Gold rallied after completing correction at $4098.74 Gold initiated a rally in a clear impulsive structure after completing the correction at $4098.74 on the March 23 low. The subsequent wave advanced and concluded at $4890.97, followed by a pullback in wave (2) that
The currency pair falls for a fourth day as the US Dollar rallies on improved US-China trade relations and Fed rate cut expectations fade. EUR/USD declined 0.15% to 1.1653 in Asian trading, extending its losing streak to four sessions. The move follows a breakdown below th
The British Pound weakens against the US Dollar as political uncertainty in the UK fuels risk aversion during Asian trading. The GBP/USD pair fell to near 1.3350 in early Asian trading Friday, extending losses amid heightened political uncertainty in the UK. Selling pressu
South Korea's benchmark index erased record gains after Trump's Iran remarks spurred oil price rises and US equity futures declines. South Korea’s KOSPI index reversed from an all-time high of 8,046.78 to fall more than 2% intraday, as escalating US-Iran tensions rattled m
The US Dollar Index rises to 99.10, marking a fifth straight session of gains amid robust economic data and Federal Reserve policy expectations. The US Dollar Index (DXY) climbed above 99.00, reaching 99.10 during Asian trading hours, extending its rally to a fifth consecu
US Retail Sales growth of 0.5% in April and Federal Reserve leadership changes bolster expectations for prolonged high interest rates. The US Dollar Index (DXY) climbed above 99.00 for the fifth straight session, trading near 99.10 in Asian hours. The move follows April’s
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