Economy

Economy
Economy

Eurozone manufacturing extends growth streak as services slowdown eases

The eurozone economy showed signs of stabilisation in June as manufacturing activity remained in expansion territory and the services sector contracted at a slower pace, according to the latest S&P Global Purchasing Managers’ Index (PMI) survey. The survey indicated that the services industry continued to shrink during the month, but the pace of contraction eased

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Economy

British pound extends weekly rally as Fed Rate expectations ease

The British pound was on track to record its biggest weekly gain against the US dollar in 12 weeks on Friday. The currency was supported by easing domestic political concerns and weaker-than-expected US labour market data, which weighed on the dollar. Sterling rose 0.1% to $1.3357 during the session. The move brought its weekly gain

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Economy

BloFin vs Bybit copy trading: head-to-head comparison

Anyone deciding between BloFin and Bybit for copy trading wants the same thing: which one lets me mirror a trader more precisely, vet that trader’s record more thoroughly, and keep more of the profit. Most comparison pages that rank for this question answer with a generic score or a feature checklist that leaves the copy-trading

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Economy

Michael Burry shorts Micron stock, warns AI chip rally has gone too far

Investor Michael Burry, best known for his successful bet against the US housing market portrayed in The Big Short, has reportedly opened a short position in Micron Technology (MU), arguing that the memory chip maker’s recent rally has been driven by speculative enthusiasm rather than fundamentals. According to a post published on his Substack, Burry

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Economy

Can Nvidia regain its momentum in the second half of 2026?

Nvidia enters the second half of 2026 facing growing pressure to defend both its market leadership and investor confidence. While the company remains the world’s largest by market capitalisation, its stock has lagged several semiconductor peers this year as investors broaden their focus across the artificial intelligence (AI) supply chain. The company continues to benefit

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Economy

Oobit expands Tether-backed crypto Visa Card to Guatemala, Paraguay

Oobit has expanded its Tether-backed non-custodial crypto payments platform to Guatemala and Paraguay, extending its Latin American footprint as demand for stablecoin-based payments continues to grow across the region. The launch allows users in both countries to spend and send cryptocurrencies anywhere Visa is accepted, covering more than 150 million merchants worldwide across online and

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Economy

ServiceNow stock jumps after Guggenheim upgrade despite AI concerns

ServiceNow NOW and Salesforce shares climbed 5% on Wednesday after Guggenheim upgraded the software companies, arguing that their valuations have become attractive despite ongoing risks posed by artificial intelligence. The upgrade comes after a difficult year for enterprise software stocks, with investors reassessing growth prospects as AI reshapes the industry. ServiceNow shares are down 33%

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Economy

Why Nvidia stock is slipping over 2% today

Nvidia stock (NVDA) edged lower on Wednesday as investors appeared to take profits across semiconductor stocks following a record-breaking first half for the sector. Shares of Nvidia fell 2.15% to $195.79 in early trading. The decline came after the stock gained 2.6% on Tuesday and reclaimed the $200 level for the first time in several

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