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ECB gives eurozone banks four months to counter AI risks

ECB gives eurozone banks four months to counter AI risks

The European Central Bank has given eurozone banks four months to develop plans aimed at countering artificial intelligence (AI)-enabled cyber threats that could undermine confidence in the financial system and disrupt payment networks.The directive, issued

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OPEC+ Production Rises, Strait of Hormuz Tensions, and…

OPEC+ Production Rises, Strait of Hormuz Tensions, and…

The US Dollar reigns supreme amid Fed policy uncertainty and shifting energy trends, while geopolitical tensions sustain global market volatility. "King Dollar" Persistence The US Dollar continues to assert its dominance, reinforcing its "King Dollar"

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Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls

Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls

Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point since March this year. IAG shares

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Nvidia at $197: last dip before $300, or first leg to $150?

Nvidia at $197: last dip before $300, or first leg to $150?

The market has this one backwards: Nvidia (NVDA) did not sell off because the AI trade broke — it sold off because record results stopped being enough. The stock closed at $197.58 on July 3,

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Americans’ revolt against data centers is growing: how it could disrupt the AI trade

Americans’ revolt against data centers is growing: how it could disrupt the AI trade

The artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed.While Wall Street has spent the better part of three years fixating on chip stocks, hyperscaler spending,

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US Payroll Softness, Fading Fed Hike Bets, and a Dollar on…

US Payroll Softness, Fading Fed Hike Bets, and a Dollar on…

Weaker payrolls fade Fed hike bets, pressuring the Dollar; diverging ECB path and geopolitical risk premiums complicate the moves. A Dovish Repricing of Fed Expectations Is Undercutting the Dollar The dominant force across markets right

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US stocks see biggest exit since March: is Wall Street’s rally at risk?

US stocks see biggest exit since March: is Wall Street’s rally at risk?

US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally.Investors pulled $17.2 billion from US stock funds in the week through July 1, according to

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Why Cathie Wood is doubling down on this $18 stock

Why Cathie Wood is doubling down on this $18 stock

Cathie Wood’s ARK Innovation ETF has bought back into SoFi Technologies (NASDAQ: SOFI) just as the beaten-down fintech stock is trying to recover from a difficult first half of the year.ARKK bought 299,753 SoFi shares across

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Solana Smashes $75 Barrier — Bulls Target $90 Next, 2 July,…

Solana Smashes $75 Barrier — Bulls Target $90 Next, 2 July,…

Solana cryptocurrency can be expected to rise to the next resistance level 90.00 (target price for the completion of the active minor impulse wave 1). Solana broke key resistance level 75.00 Likely to rise to