A new Bank of America report highlights South Korea and the United Arab Emirates as the strongest contenders in the global AI race, trailing only the dominant U.S. and China. The analysis notes that other nations are specializing in areas like semiconductors and data centers to capture AI-driven growth.
Nuclear technology firm Holtec Nuclear Corporation has filed for an initial public offering on the Nasdaq under the ticker 'HNUC'. The proposed offering features a dual-class stock structure, concentrating voting power with Class B shareholders.
Bitcoin's price remained stable over the weekend, trading above $64,000 as investors absorbed news of uninterrupted shipping in the Strait of Hormuz. Market participants are also monitoring renewed calls for U.S. crypto regulation and an internal debate over a Bitcoin protocol update.
The cryptocurrency is trading steadily as investors assess a new U.S. law banning a digital dollar for four years and a key federal approval for stablecoin issuer Circle, signaling a more integrated future for digital assets.
Wheat futures surged Friday amid speculation that Russia may close the Sea of Azov to shipping following Ukrainian attacks on tankers, raising concerns about supply disruptions from the world's largest exporter.
Milling wheat futures surged on Friday amid market speculation that Russia could close the Sea of Azov to shipping, threatening exports from the world's largest supplier.
Russia has reportedly suspended maritime traffic through the Don-Azov channel, a vital grain export route, following a Ukrainian attack on its vessels in the Sea of Azov. The move could impact a significant portion of the country's wheat exports.
U.S. President Donald Trump announced an end to the ceasefire with Iran even as he confirmed talks would continue, introducing fresh uncertainty into a conflict that has roiled global energy markets.
Senior U.S. officials state that Washington is demanding a public commitment from Iran to cease attacks on shipping in the Strait of Hormuz, a critical oil chokepoint, following a week of escalating military strikes.
