Michael Foster is a staff writer at MarketSpeaker, covering global markets, macroeconomic trends, and major policy developments. His work focuses on market-moving data, central bank decisions, and cross-asset dynamics, with an emphasis on clarity and real-world impact for investors. With a newsroom-driven approach, Michael breaks down complex financial events into concise, actionable insights, helping readers understand not just what happened, but why it matters.
OpenAI is projected to post a net loss of around $14 billion this year as soaring AI infrastructure costs outpace revenue growth. Analysts warn the company could run out of cash within 18 months despite plans to reach profitability by 2030.
Global markets sold off sharply after President Donald Trump announced new tariffs on European imports, triggering a rush into safe-haven assets as equities and crypto assets tumbled.
Japan has become the first country to begin extracting rare earth elements from the ocean floor, marking a major step to secure critical mineral supplies and reduce reliance on China.
ASML shares surged to a new all-time high, pushing the company’s market capitalization above $500 billion as strong results from TSMC reignited optimism across the global semiconductor sector.
Japanese stocks surged as investors reacted to rising expectations that the ruling coalition may call a snap general election, boosting confidence in policy continuity and fiscal support.
Gold surged past $4,600 an ounce for the first time as investors rushed into safe-haven assets amid mounting political pressure on the Federal Reserve and escalating geopolitical tensions.
U.S. prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over disclosures tied to a headquarters renovation, escalating political pressure on the central bank amid rate policy tensions.
Global markets whipsawed after political upheaval in Venezuela, pushing oil and gas sharply lower while triggering a powerful rally in U.S. energy stocks, precious metals, and bitcoin.
Warren Buffett will step aside as CEO of Berkshire Hathaway this week after six decades, marking the end of one of the most successful leadership tenures in corporate history.