The Bank of England has lowered its benchmark interest rate from 4% to 3.75%, taking borrowing costs to their lowest level in nearly three years as policymakers respond to easing inflation, rising unemployment, and a subdued economic outlook. The move, which was widely anticipated by markets, marks the sixth rate cut since last summer and
Canary Capital has filed a revised S-1 registration statement with the US Securities and Exchange Commission (SEC) for its proposed staked INJ exchange-traded fund (ETF). The proposed ETF aims to combine the potential price appreciation of Injective (INJ) with the yield generated from staking the token, providing a unique avenue for investors seeking a more
Broadcom stock (NASDAQ: AVGO) has emerged as a rare consensus pick among major Wall Street houses for 2026. Bank of America, JPMorgan, and Jefferies all point to custom AI chips and high-speed networking as the company’s growth runway. The semiconductor giant sits at an inflection point as hyperscalers shift away from pure GPU dependence toward
Japan’s central bank on Thursday began its final policy meeting of the year, with investors widely expecting a landmark interest rate increase that would take borrowing costs to their highest level in three decades. The Bank of Japan’s decision, due on Friday, is seen as another step in its long-awaited shift away from ultra-loose monetary
Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures easing, the Federal Reserve might cut interest rates more aggressively than Wall Street has pencilled in. The consumer price index increased at a 2.7% annual rate, according to a delayed report from the Bureau of
In 2025, WhiteBIT expanded its international presence, entered new markets, and developed its product and institutional offering. The year focused on geographic expansion, partnerships, and operational development across retail and institutional segments, alongside ongoing compliance and security efforts. Building a global crypto platform In 2025, WhiteBIT announced the launch of W Group, a fintech global
US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development comes as a reversal to the previous week’s sharp spike and points to continued restraint in corporate layoffs. The reading is slightly better than consensus expectations of 225,000 and provided reassurance that labor market conditions
Micron Technology Inc. is set to report its fiscal first-quarter earnings after market close on Wednesday, with investors closely watching whether the memory-chip maker can exceed already-strong expectations and reassure markets about the durability of the artificial intelligence trade. After a year of exceptional stock performance, the company’s outlook will likely play a decisive role
Shares of crypto miner Hut 8 jumped nearly 17% in premarket trading on Wednesday after the company announced a major artificial intelligence infrastructure partnership with Anthropic and cloud compute provider Fluidstack. The deal marks a significant expansion beyond Hut 8’s traditional bitcoin mining roots, positioning the company as a developer and operator of large-scale data
Affirm stock price popped by over 10% on Tuesday as investors cheered the company’s presentation at its event. It jumped to a high of $73.40, up sharply from last month’s low of $60.40. It remains up by 135% from its lowest level this year, with its market capitalization rising to over $25 billion. Affirm reaffirmed