US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed concerns over artificial intelligence spending weighed on investor sentiment. The decline came despite a strong start to the second-quarter earnings season, with rising geopolitical tensions in the Middle East adding to market uncertainty.
Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed the shares down 55% from their peak this year, wiping out nearly half of the company’s market value as its valuation fell from $86 billion to around $40 billion. Despite the sharp sell-off,
Hedera price has been caught between two major developments that tell very different stories about the network. On one hand, a $9 million exploit at Bonzo Lend raised fresh concerns about security within Hedera’s decentralised finance ecosystem. On the other hand, Lloyds Banking Group, Aberdeen Investments, and Archax completed a landmark tokenised collateral transaction on
London’s FTSE 100 slipped on Wednesday as investors remained cautious over escalating tensions in the Middle East. Losses in precious metals miners outweighed gains in energy stocks, which benefited from a rise in oil prices. The blue-chip FTSE 100 index had fallen 0.1% to 10,515.73 points. The midcap FTSE 250 index also edged lower, declining
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ShapeShift, one of the longest-running community-led multichain DEX aggregators, has announced the introduction of its Version 4.0 platform update, which marks a significant return to privacy-first, self-custody trading. According to a press release sent to Invezz, the update follows a year of continuous engineering work and reaffirms the platform’s core values at a time when
Bitcoin’s price remained stuck in a narrow range as a series of macroeconomic factors kept market activity constrained. The total crypto market cap edged slightly lower, with buying and selling pressure both subdued during a week filled with key macro developments. As of press time, overall market capitalisation hovered just above the $3 trillion mark.
In a rapidly globalizing digital age, geography no longer defines possibility — but it still shapes opportunity. Recognizing this, Alessio Vinassa has positioned BlockTech to act as a connector between innovation ecosystems across East and West, linking regions from Southeast Asia and the Middle East to Europe and Africa. This bridging role expands far more
Microsoft stock (NASDAQ: MSFT) dropped sharply on Wednesday amid investor concerns about whether the company’s commanding position in enterprise AI is genuinely unassailable. While the company has poured $80 billion into AI infrastructure through 2025, the sell-off suggests markets are beginning to question whether massive capex translates into a durable competitive advantage. The development comes
The Federal Reserve is set to announce its next interest rate decision on December 10, a meeting that comes amid unusual uncertainty. With official economic data releases disrupted by the government shutdown, policymakers are relying on older reports and private surveys to gauge the health of the economy. Despite this fog, Jeremy Siegel, professor emeritus