Shares of Tesla (TSLA) rose on Wednesday as investors found renewed encouragement in the company’s core electric-vehicle business following another strong month of European sales growth. The stock climbed 1.7% to $440.90 in early trading, putting Tesla on track for a fifth consecutive winning session. Broader markets were also higher, with S&P 500 futures up
Oil prices swung sharply on Wednesday as traders weighed progress in US–Iran peace talks against fresh American military strikes, underscoring the fragile balance between diplomacy and conflict. Brent crude fell more than 3% to around $95 a barrel, while West Texas Intermediate dropped 3.5% to $90.60. Earlier in the day, both Brent and WTI prices
Most non-agricultural commodities were in the red on Wednesday with gold dipping to a two-month low due to concerns about inflation. Meanwhile, among base metals, aluminium and copper contracts were also down on the London Metal Exchange. Oil prices extended their losses as both Brent and West Texas Intermediate crude benchmarks slipped over 3% on
Shares of FedEx (FDX) rose on Wednesday after JPMorgan upgraded the shipping giant ahead of the planned separation of its freight business. Analysts believe the move could unlock additional shareholder value and improve transparency across the company’s operations. FedEx stock gained 3.4% to $413.70 in morning trading, outperforming rival United Parcel Service, whose shares rose
Ethereum price has continued struggling to build momentum above the $2,000 level after repeated rejection near major resistance zones. Analysts have warned that another wave of selling could drag ETH toward the $1,800 region if current support levels fail. According to data from Coingecko, Ether traded near $2,066 on Wednesday after spending several weeks moving
Ethereum’s Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin. The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term. Ether’s funding rates flip negative Ether has dropped below $3k after
US President Donald Trump’s plan to grant Nvidia licences to ship more powerful artificial intelligence chips to China is triggering fresh backlash in Congress, including from prominent China hawks within his own party. The move is sharpening divisions in Washington over whether tighter export controls protect national security or weaken US influence in the global
US Energy Secretary Chris Wright called on the world to more than double oil production on Thursday, while simultaneously criticising the European Union and California for what he termed a wasteful focus on inefficient green energy. While the World Economic Forum (WEF) has increasingly focused its energy discussions on advancing lower-carbon policies, a conversation in
Top corporate leaders expressed relief after US President Donald Trump stepped back from imposing new tariffs on Europe, but warned that geopolitical uncertainty and regionalization remain central concerns for global business. Speaking to CNBC on the sidelines of the World Economic Forum in Davos, executives said the easing of immediate trade tensions had lifted markets,
This time last week, the S&P 500 hit yet another all-time high, coming within a couple of points of 7,000. Over the previous two months, the index had made a series of higher lows and higher highs. Over the same period, the VIX index, a measure of S&P volatility, had declined steadily, falling back to