The U.S. dollar weakened on Thursday as falling oil prices eased inflation concerns and traders digested Federal Reserve meeting minutes that revealed a more divided outlook on interest rates than some had expected.
The U.S. dollar lost ground Thursday as falling oil prices and a less aggressive-than-feared interpretation of Federal Reserve meeting minutes reduced investor concerns about imminent interest rate hikes.
Streamex Corp. announced its yield-bearing, gold-backed security, $GLDY, is now accessible to accredited investors via traditional brokerage accounts through a partnership with Siebert Financial.
Streamex announced its tokenized, yield-bearing gold security, $GLDY, is now accessible to accredited investors through traditional brokerage accounts via a partnership with Siebert Financial. The move aims to bridge the gap between digital assets and conventional wealth management.
The MOEX Russia Index fell to a new three-year low on Friday, closing down 2.13% amid a broad-based sell-off led by the mining, oil, and gas sectors. The Russian ruble also weakened against the dollar and euro.
Investors are scrutinizing heavy capital expenditures on AI infrastructure, with analysts at ING warning that rising costs could dampen earnings growth and limit share buybacks, potentially pressuring high valuations in the tech sector.
The MOEX Russia Index closed unchanged on Saturday, hitting a new three-year low in a session that saw declining stocks significantly outnumber advancers. Shares in major companies like Polyus and VTB Bank fell to multi-year and all-time lows, respectively.
Russia's benchmark stock index closed unchanged on Sunday, touching a new three-year low in a mixed session that saw investor uncertainty remain elevated. The Russian ruble weakened against major currencies while key commodity prices declined.
Meta Platforms plans to start manufacturing its proprietary 'Iris' AI chip this September as part of an aggressive plan to double its computing capacity and reduce reliance on external suppliers, according to an internal memo.
