Category: Business

Palantir stock price remains under pressure, mirroring the performance of other software companies like Microsoft, Adobe, ServiceNow, and Intuit. Summary Palantir stock price has crashed in the past few weeks. The stock has formed a head-and-shoulders pattern on the daily chart. Technical indicators like moving averages and the Supertrend indicator points to more downside. The

Venezuelan crypto app Kontigo built its image on noise, speed, and big promises, but now US authorities have placed it under scrutiny after the Trump administration decided it was time to get hostile with Venezuela. Once the U.S. military illegally removed Nicolás Maduro from power, that contradiction stopped being easy to ignore, according to The

Oil prices fell more than 4% on Feb. 2, with Brent dropping to $65.98 and WTI to $61.84, as easing U.S.–Iran tensions and a stronger dollar erased much of January’s geopolitical risk premium. Geopolitical Thaw Triggers Sharp Crude Sell-Off Oil prices slid more than 4% on Monday, Feb. 2, after an apparent thaw in tensions

US President Donald J. Trump announced in a post today that they have reached a new trade agreement with India and that reciprocal tariffs will be reduced. According to Trump, the reciprocal tariffs the US imposes on India will be reduced from 25% to 18%. In a message published on the social media platform Truth

Bed Bath & Beyond (BBBY) shares rose 7% Monday after the relaunched retailer announced it intends to acquire Tokens.com and launch a platform focused on asset tokenization, starting with real estate. The plan is to build a platform where people can tap into the value of their home or other assets, like turning home equity

Elon Musk is in advanced discussions over a potential merger of SpaceX and xAI, Bloomberg reported Monday, citing people close to the matter. The companies, both controlled by the world’s wealthiest man, have privately notified investors about the plan, which could be announced as soon as this week. However, sources told Bloomberg that the talks

Crypto industry’s Coinbase, Gemini, and Bullish are getting crushed. Their stocks have dropped as much as 55% over the last three months, while Bitcoin is down a little over 35% since its October peak. There’s no meltdown, no hacks, no lawsuits. Just silence. And that silence is hitting trading platforms the hardest. These exchanges live

Securitize has built a regulation-first tokenization platform that has scaled more than $4 billion in real-world assets. Unlike many tokenization projects focused on equities or experimental assets, research shows that most demand on Securitize comes from low-risk institutional products. US Treasury-backed assets account for about 59% of the tokenized supply on the platform. Private equity

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2285.37, down 9.3% (-234.22) since 4 p.m. ET on Friday. None of the 20 assets are trading higher. Leaders: BCH (-4.0%) and CRO (-4.9%). Laggards: ETH (-13.9%) and APT

The Federal Deposit Insurance Corp. (FDIC) said Metropolitan Capital Bank & Trust, a Chicago-based single-branch lender, became the first US bank to fail this year after regulators shut it down on Friday and appointed the FDIC as receiver. First Independence Bank will assume substantially all deposits of the failed Metropolitan Capital Bank & Trust and

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