As it navigates a new buy zone, IPO Leader Navan (NAVN) looks to disrupt two powerhouses in the corporate-travel booking and expense-reporting industries. Recently, Navan stock briefly jumped into a buy range before easing back Based in the heart of Silicon Valley i
U.S. trucking and logistics firms file for bankruptcy, cutting over 600 jobs amid persistent financial pressures despite freight market improvements. U.S. trucking and logistics companies filed for bankruptcy protection this week, triggering layoffs and facility closures a
Gold (XAU/USD) trades higher on Thursday and has reached session highs above $4,490, after bouncing from $4,425 lows earlier on the day. The precious metal holds weekly losses, but investors' optimism following news of a ceasefire between Israel and Lebanon has hurt the sa
Bank of Japan highlights crude oil price surge from Middle East conflict as a key inflationary threat to economic stability. Bank of Japan Governor Kazuo Ueda said heightened tensions in the Middle East have driven crude oil prices higher, increasing global inflationary pr
Broadcom, Ciena, and CrowdStrike declines weigh on Nasdaq futures after earnings, while SpaceX reveals IPO pricing ahead of next week’s offering. Dow Jones futures edged higher early Thursday, contrasting with declines in S&P 500 and Nasdaq futures. Weakness in tech stocks
Vivakor, Inc. (NASDAQ:VIVK) on Thursday disclosed that its commodities trading platform, Vivakor Supply & Trading, penned a recurring one-year crude oil transaction. Details The transaction entails around 100,000 barrels of crude oil per month through the Cushing Terminal<
Freedom Holdings has applied for a French banking licence as it looks to enter Europe’s digital banking sector, while its Nasdaq-listed parent remains under examination by the US Securities and Exchange Commission, reported Financial Times. If approved, the application wou
Moscow targets a 17-year-old researcher for alleging a ruble-pegged stablecoin circumvents sanctions to fund the Ukraine conflict. Russia imposed sanctions on a British teenager for publishing a report linking the A7A5 stablecoin to funding the war in Ukraine. The ruble-pe
Danske Bank forecasts a 25 basis point ECB deposit rate increase on June 11, citing persistent core inflation and rising oil prices. The European Central Bank is expected to raise its deposit rate by 25 basis points to 2.25% at its June 11 meeting, aligning with market exp
Danske Research Team expects the ECB to raise its deposit rate by 25bp to 2.25% on June 11, in line with market pricing and consensus. They highlight upside surprises in core inflation and higher Oil futures, alongside weaker Euro area growth They see updated staff