Yen slips as markets bet on Sanae Takaichi win and reflationary policies
The Japanese yen slipped as traders positioned for Sunday’s snap election, with markets expecting Prime Minister Sanae Takaichi to extend her hold on power and keep a reflationary policy mix in place. According to MUFG Bank analysts, Japan’s political backdrop is
EU charges TikTok over addictive design under Digital Services Act
EU regulators on Friday accused TikTok of breaching the bloc’s online content rules, putting the video-sharing app at risk of having to redesign its service in Europe or face a fine linked to its global revenue. The charges were laid
Global oil markets jittery over Hormuz risks, analysts eye $70 Brent
Oil prices, specifically Brent crude, could rise to $70 per barrel if tensions between the US and Iran escalated amid the ongoing talks in Oman, according to experts. Prices maintained a steady course on Friday, reflecting a cautious sentiment among global
Inside Big Tech’s $700B AI spend in 2026: bullish leaders, split markets
The latest earnings season has revealed a dramatic turning point in the global technology industry. America’s largest technology companies have announced plans to spend more than $700 billion on artificial intelligence-related capital expenditure in 2026, underlining how fiercely they are competing
US stocks rebound sharply: Dow climbs over 500 points, Nasdaq up 0.8%
US stocks rose on Friday, positioning major indexes for a positive end to a volatile week marked by sharp losses in technology shares and renewed concerns over cryptocurrency markets. The S&P 500 gained about 0.9%, while the Nasdaq Composite advanced 0.8%.
ai.com debuts autonomous AI agents for mainstream consumer use
ai.com, a new artificial intelligence platform founded by Kris Marszalek, co-founder and CEO of Crypto.com, has announced the launch of its Autonomous AI agent offering for consumers. The platform allows users to create a private, personal AI agent in just a
Why is Nvidia stock soaring over 5% today?
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including fresh demand signals for AI hardware and