
Apple stock has pulled back over the past few days as investors turn their attention to the company’s upcoming event, where it is expected to unveil its foldable phone. AAPL fell to $316, down 4.50% from this month’s high and 8.35% from its yearly high, while the options market signals more volatility ahead. Apple to […]
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U.S. Bank has completed a live pilot transaction using USBDC, its proprietary U.S. dollar-backed stablecoin, moving a cross-border payment between its entities in North America and Europe. The transaction ran on the Stellar blockchain, and the bank says USBDC ranks among the first bank-issued stablecoins deployed on a public network, signaling that the Minneapolis lender […]
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Escalating Middle East energy shocks, global central bank tightening, and a surging Japanese Yen dominate shifting financial markets. Geopolitical Tensions and Energy Shocks Escalating military conflicts between the United States and Iran in the Middle East have directly targeted critical energy infrastructure and oil tankers, pushing crude oil prices toward the psychological $100 per barrel […]
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US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate path. The Dow Jones Industrial Average dropped 405.41 points, or 0.77%, to 52,380.66. The S&P 500 fell 0.48% to 7,636.36, while the Nasdaq Composite declined 0.64% to […]
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