Bitcoin short bets hit three year extreme as price drops below $70,000

Bitcoin fell below the $70,000 threshold on Thursday as surging oil prices and geopolitical tensions in the Middle East unsettled financial markets. At the same time, derivatives data shows traders have built the most aggressive short positions in nearly three years, raising the risk of a sudden market reversal. According to data from CryptoQuant,......

UBS urges investors to favor gold, dollar and TIPS amid US Iran tensions

UBS Global Wealth Management has advised investors to strengthen their portfolios with gold, the US dollar and inflation linked bonds as military tensions between the United States and Iran continue to unsettle global financial markets. The bank said these assets offer important protection against rising geopolitical risks and volatile commodity......

Iran warns oil could reach $200 as attacks disrupt shipping in Hormuz

Iran’s military leadership warned that global oil prices could surge to $200 per barrel as Iranian forces intensified attacks on commercial shipping near the Strait of Hormuz, escalating a maritime crisis that threatens one of the world’s most critical energy routes. Ebrahim Zolfaqari, spokesperson for Iran’s Khatam al-Anbiya......

Astronomers directly observe birth of a magnetar for the first time

Astronomers have reported several discoveries that deepen scientific understanding of some of the most extreme events in the universe, including the direct observation of a magnetar forming and new insights into how compact stellar remnants collide. For the first time, researchers have directly observed the birth of a magnetar, a rapidly......

Türkiye opposes any plan to trigger civil war in Iran, says Foreign Minister

Türkiye has reiterated its strong opposition to any attempt that could provoke internal conflict in Iran, warning that such developments could further destabilize the Middle East. Speaking during a joint press conference in Ankara with German Foreign Minister Johann Wadephul, Turkish Foreign Minister Hakan Fidan stressed......

Silver surges 157 percent in a year as analysts float $300 price target

Silver has pulled back from its January peak but remains one of the strongest performing assets of the past year, trading near 86 dollars per ounce midweek after reaching a record high of 121.62 dollars in January 2026. The metal has gained roughly 157 percent over the past year, prompting some of the most aggressive forecasts on Wall Street.......

Asian markets slide as oil surge drives global stock selloff

Global stock markets extended their decline on March 11 and 12 as surging oil prices and renewed geopolitical tensions linked to the conflict with Iran revived fears of persistent inflation, weakening expectations for interest rate cuts and pushing investors toward safe haven assets. On Wall Street, the Dow Jones Industrial Average fell 289......

IEA supply cut pushes oil toward $100 as Wall Street futures slide

US stock futures fell sharply Thursday as oil prices climbed toward 100 dollars per barrel, intensifying concerns that the Iran conflict could trigger a prolonged energy shock, reignite inflation, and delay expected interest rate cuts by the Federal Reserve. Futures tied to the Dow Jones Industrial Average dropped about 400 points. S&P......

European Parliament backs first binding global treaty on artificial intelligence

The European Parliament voted to approve the European Union’s formal conclusion of the Council of Europe’s Framework Convention on Artificial Intelligence, Human Rights, Democracy and the Rule of Law, clearing the way for the EU to ratify the first legally binding international treaty focused on AI governance. The approval vote......

Replit raises 400 million dollars, triples valuation to 9 billion

Replit, the AI powered coding platform known for popularizing “vibe coding,” has raised 400 million dollars in a Series D funding round that values the company at 9 billion dollars, tripling its valuation in just six months. The company announced the investment alongside the launch of Agent 4, its newest AI development tool, and......

BMW forecasts lower profits in 2026 as tariffs pressure margins

BMW warned that profits will decline in 2026 as higher tariffs, currency shifts, and rising costs weigh on the German luxury carmaker’s profitability, even as the company bets on its next generation of electric vehicles to drive long term growth. Speaking at its annual conference in Munich, the company said it expects a moderate decline......

BlackRock CEO says Iran conflict could lower energy prices long term

BlackRock chief executive Larry Fink said a military conflict with Iran could ultimately reduce global energy prices over the long term, offering a view that contrasts with the current surge in oil markets. Speaking Wednesday at BlackRock’s US Infrastructure Summit in Washington, Fink argued that a broader opening of Iran’s energy......

Musk unveils Macrohard AI system built jointly by Tesla and xAI

Elon Musk announced that Tesla and his artificial intelligence company xAI have joined forces to develop a new AI system called Macrohard, also referred to as Digital Optimus. The system is designed to operate computers autonomously and perform office tasks in real time. Musk revealed the project on March 11 in a post on X, describing it......

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