The “Blunami” is washing over markets. US stocks soared on Wednesday as investors digested the stunning streak of Democrat victories in the midterm elections. Major indexes initially dropped overnight before reversing to surge on Wednesday, with the Dow gaining nearly 1,600 points in the session. It marks the index’s best day since April 2025, when
Rising fears of an AI apocalypse have rattled markets and forced investors to reckon with a potentially existential risk. A future where robots take over and terminate humans remains a radical vision, fueled by recent warnings from AI researchers who consider doomsday a possible, but very unlikely, scenario. Yet it’s worth asking how people can
Gold investors are buying again, potentially adding fresh fuel to the metal’s rebound. Global gold-backed exchange-traded funds pulled in $3 billion in July, snapping two straight months of outflows, according to the World Gold Council last week. Holdings rose by 23 metric tons to 4,068 tons. “There are tentative signs that Western investment demand is
