10h ago
U.S. winter heating costs set to diverge as heating oil rises 21% while natural gas falls 9%
U.S. household heating costs are expected to split sharply this winter, with spending falling 9% for homes primarily heated by natural gas and 3% for propane users, while heating oil users could see a 21% increase, according to the Energy Information Administration (EIA). Regional gaps are also pronounced for natural gas, with the West projected to post a 7% increase. In other regions, natural gas spending is forecast to decline by 10% to 15%.
10h ago
10h ago
US spot XRP ETFs hold $1.7 billion as weekly net inflows slow to about $3.9 million
US spot XRP ETFs have built up about $1.7 billion in holdings, equivalent to roughly 1.13 billion XRP, but recent inflows have cooled sharply. Aggregate net inflows were $3.14 million on Oct. 6, while the past week totaled about $3.9 million. Flows diverged by issuer, with Bitwise posting about $11 million of inflows as Franklin and Canary saw outflows of roughly $4.1 million and $3.3 million. XRP traded near $1.43, down more than 5% over 24 hours.
XRP
XRP-5.17%
10h ago
12h ago
Walmart and Alphabet’s Wing to expand drone delivery to Seattle and Denver metro areas in 2027
Walmart and Alphabet-owned Wing said they will expand drone delivery to the Seattle and Denver metro areas next year, extending the service to nearly 20 major U.S. markets. The partners ultimately plan to offer drone delivery from more than 270 Walmart stores. The service is already available to more than 3 million customers in markets including Dallas-Fort Worth, Atlanta, Houston and Orlando.
12h ago
12h ago
AMD CEO Lisa Su says demand signals are strong across product portfolio
AMD CEO Lisa Su said she is seeing strong demand signals across the company’s product portfolio, with data center demand still very strong. Citi analyst Atif Malik raised his AMD price target to $800 from $575, citing expectations for stronger CPU demand after Meta’s launch of its Muse AI agent. Malik also said he expects the CPU total addressable market to expand from $29 billion in 2025 to $300 billion in 2030.
12h ago
13h ago
Global investors net bought $942 billion of U.S. equities in the 12 months through July
In the 12 months through July, global investors made $942 billion in net purchases of U.S. equities. Net buying in Q2 alone reached $426 billion, up 62% year over year. U.S. foreign direct investment inflows totaled nearly $240 billion in the first half of 2026, more than doubling from a year earlier. Full-year 2026 inflows are projected to hit a record $480 billion, according to Merrill.
13h ago
14h ago
Dow slides 503 points as 10-year Treasury yield nears 5.356%, highest since April 2002
U.S. stocks fell on Tuesday, with the Dow Jones Industrial Average down 503 points, the S&P 500 off 0.6% and the Nasdaq Composite lower by 0.7%. The 10-year Treasury yield rose more than 8 basis points to around 5.356%, the highest level since April 2002. Financial shares led declines, with Goldman Sachs down nearly 3% and Citigroup off more than 2%, while Bank of America, Wells Fargo and JPMorgan each fell more than 1%. Higher oil prices and inflation worries also weighed on sentiment.
14h ago
14h ago
TOKEN2049 Singapore highlights New York event for June 16–17, 2027 as BitMine nears 5% ETH cap
Developments unveiled on day one of TOKEN2049 Singapore included plans to launch a new flagship event in New York on June 16–17, 2027. Fundstrat’s Tom Lee said BitMine’s ETH buying program is nearing its end, with holdings at about 4.9% of ETH supply and roughly 100K ETH remaining. The Winklevoss twins said they have filed for a spot ZEC ETF with a 0.25% fee and up to $100M in nonbinding interest. Mesh and World Liberty also announced plans to make the stablecoin USD1 spendable across millions of merchants.
ETH
ETH-2.20%
14h ago