Economy
Goldman Sachs has increased its long-term forecast for the global artificial intelligence server market to 1.24 trillion dollars by 2030. The new estimate marks an 18 percent upward revision from a previous projection of 961 billion dollars. The adjustment reflects accelerating demand for computing infrastructure......
Gold and silver fell sharply to their lowest levels of 2026 after the United States carried out military strikes against Iran. The move followed a period of rising geopolitical tension in the Middle East and triggered a broad selloff across precious metals markets already sensitive to interest rate expectations. Gold......
Oil prices fell to their lowest level in seven weeks after Iran and Israel announced a halt to their mutual attacks, easing fears of a wider regional disruption to energy supplies. The decline erased earlier gains triggered by renewed hostilities between the two sides, which had briefly pushed crude......
Arthur Hayes, cofounder of BitMEX, argues that bitcoin will not stage a durable recovery until the artificial intelligence investment boom collapses. In a recent essay, he links crypto market weakness to the scale of capital flowing into AI infrastructure and the way it has reshaped global liquidity......
Bitcoin recorded its sharpest weekly decline in more than three years after a wave of capital rotation away from crypto assets toward artificial intelligence equities and upcoming mega listings. The cryptocurrency fell roughly 14 percent over a short trading window, sliding from around 67,000 dollars......
US financial markets fell sharply after a stronger-than-expected employment report signaled continued economic resilience and reduced expectations for near-term interest rate cuts. The US economy added 172,000 jobs in May, nearly double economists’ forecasts of 80,000 to 85,000. The unemployment......
Trade between China and Morocco is entering a new phase as both countries prepare to deepen economic cooperation under a widening network of industrial and commercial exchanges. A major China-Africa economic and trade exhibition is scheduled to take place in Casablanca from June 10 to June 12, bringing......
Asian equity markets advanced after Israel and Iran announced a halt to direct military strikes, easing fears that had driven volatility across global financial systems. The de-escalation offered investors a temporary relief from energy supply risks and geopolitical uncertainty that had weighed on sentiment......
SpaceX has set its initial public offering price at 135 dollars per share, targeting a valuation of about 1.75 trillion dollars and aiming to raise roughly 75 billion dollars. Investor demand has already exceeded available supply, with institutional orders reaching tens of billions of dollars. The price......
A new set of economic forecasts identifies an oil supply shock linked to tensions involving Iran as a leading inflation risk for the United States. The disruption centers on instability in global energy flows following conflict escalation in the Middle East and restricted maritime movement through the......
SpaceX is preparing for a public listing that has triggered a broad surge in investor activity across global markets. The company is expected to begin trading on the Nasdaq on June 12 under the ticker symbol SPCX, with a valuation and structure that position it among the largest listings in the aerospace......
The carry trade strategy in emerging markets has lost momentum as global financial conditions tighten. Traders who previously benefited from borrowing in low-yield currencies and investing in higher-yield assets are now reassessing exposure. Expectations around US monetary policy have shifted sharply......
Urea prices have fallen sharply, erasing gains driven by geopolitical tensions linked to the Iran conflict. The correction marks a full reversal of the surge that followed fears of supply disruptions in global fertilizer markets earlier this year. Prices of nitrogen fertilizers in the United States......
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