Oil Prices Drop Following Trump's Statement

Oil prices fell by $3 per barrel on Monday after US President Donald Trump mentioned a possible production increase. Investors are concerned about supply-demand balance. Analysts see this as a temporary trend.

Oil prices fell by $3 per barrel on Monday after US President Donald Trump stated that production might increase. This announcement raised concerns among investors about the balance of supply and demand in the global market. Analysts note that this trend could affect the economic indicators of countries dependent on oil exports. Meanwhile, some experts believe the decline is temporary.

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2026-02-02T22:12:57+00:00

Fed Chair Candidate Aims to Shrink Bank's Trillion-Dollar Budget

Kevin Warsh, a nominee for Federal Reserve Chair, proposed to review and significantly cut the Fed's massive trillion-dollar budget to enhance the efficiency of fund usage and the bank's operational transparency.

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2026-02-02T22:11:42+00:00

Oracle Plans to Raise $50 Billion for Cloud Expansion

Oracle has announced plans to raise $50 billion by 2026 to expand its cloud infrastructure. The funding will be secured through a combination of debt sales and equity offerings. This move aims to strengthen the company's position in the rapidly growing cloud computing market.

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2026-02-02T19:30:42+00:00

Wall Street Rises as Crypto and Metals Recover

Wall Street indices rose at the start of February, despite Bitcoin falling below $80,000. Digital currencies and precious metals recovered from Monday lows, helping to reduce risk aversion among investors.