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Rising Brent Crude Above $100 Weighs on Gold Amid Fed Rate Hike Prospects
Gold prices eased on July 24, 2026 as Brent crude oil topped $100 a barrel, stoking inflation concerns that reinforced…
Turkish Central Bank Holds Benchmark Rate Steady at 37 Percent Amid War Risks
On July 23, 2026, the Central Bank of the Republic of Turkey kept its key interest rate at 37 percent…
Big Tech AI Costs Escalate as Alphabet Reports First Cash Burn in Quarterly Results
Alphabet's cash burn raises alarm for Big Tech as AI spending climbs with the company posting its first negative free…
Record IPO Surge Fueled by AI Demand Prompts Analyst Warnings of Bubble Risks
The AI-led boom in IPOs raises concerns about a bust after global stock listings reached $194 billion in the first…
Global IPO Activity Triples in First Half of 2026 Driven by AI Listings
Global IPO proceeds tripled to $194 billion in the first half of 2026 compared with a year earlier, fuelled mainly…
Alphabet Records First Cash Burn as AI Infrastructure Spending Surges
On July 23, 2026, Alphabet reported a first-ever cash burn of $5.9 billion in the second quarter even as its…
Euro Poised for Weekly Peak as ECB Holds Rates Steady
The euro advanced against the US dollar on July 23, 2026, heading for a one-week high as markets assessed the…
Tech Sector Caution Drives S&P 500 and Nasdaq Lower Before Key Earnings
The S&P 500 and Nasdaq closed lower on July 22, 2026, as investors awaited technology earnings from leading companies that…
Brent Crude Extends Rally for Fifth Session on Persian Gulf Tensions
Oil prices rose for the fifth consecutive day on July 22, 2026, as US-Iran hostilities curtailed shipments through the Strait…
First Abu Dhabi Bank Reports AED 10.73 Billion Net Profit for First Half of 2026
First Abu Dhabi Bank said on Wednesday it generated a net profit of AED 10.73 billion in the first half…
UN Secretary-General Urges Security Council to Harness Natural Resources for Peacebuilding Efforts
United Nations Secretary-General António Guterres urged the Security Council on Wednesday to ensure natural resources drive peace rather than conflict…
Embraer Outlook Shows Turkey Saudi Domestic Traffic Buffers Aviation From Regional Conflict
Embraer's Market Outlook 2026 released on July 22 found that strong domestic and regional travel bases have enabled carriers in…