The recent crypto market crash continued today, Oct. 17, as the hangover of last week’s liquidation event continued and as traders booked profits on some of the top weekly gainers. Bitcoin price retreated to $108,000, while the market capitalization of the industry fell by 2.2% in the last 24 hours. This article explores some of […]
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Ripple Labs Inc. is moving forward with an ambitious plan to raise at least $1 billion to buy XRP, despite recent turbulence in the cryptocurrency market. The move signals the company’s intent to strengthen its presence in the digital-asset ecosystem, even as investors remain cautious following a market-wide selloff. The funds will be placed in […]
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McDonald’s Corp. shares edged higher on Wednesday even after the fast-food giant missed Wall Street’s earnings and revenue forecasts for the third quarter. Investors appeared encouraged by stronger-than-expected comparable sales growth and the company’s focus on value-driven strategies aimed at reviving traffic amid consumer belt-tightening. McDonald’s shares surged 3.34% to $309 on Wednesday’s trading. Earnings […]
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Nvidia stock was staging a modest comeback early Wednesday, as the chipmaker sought to recover from Tuesday’s 4% decline amid mounting concerns over artificial intelligence valuations and renewed uncertainty about US chip sales to China. AI-related stocks broadly weakened on Wednesday as sentiment remained cautious following a strong run-up across the sector this year. Advanced […]
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Micron stock (NASDAQ: MU) surged nearly 8% on November 5, 2025, closing at $233.54, just shy of its all-time high of $237.62 set earlier this week. The memory chip giant has become one of the hottest semiconductor plays of 2025, with shares skyrocketing more than 180% year-to-date as artificial intelligence infrastructure spending drives unprecedented demand […]
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The USD/INR exchange rate surged to 87.80 last week after Donald Trump unveiled his tariffs against India. It then quickly erased those gains and moved to a low of 87.20 after the weak US jobs numbers. It remains 4.10% above the lowest point this year. US and India trade relations The main catalyst for the […]
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The USD/MXN exchange rate continued its strong downward trend this month as investors waited for the coming Banxico interest rate decision. It was trading at 18.60 on Thursday, down by over 12% from its highest point this year. Banxico interest rate decision The USD/MXN pair will be in the spotlight on Thursday as Mexico publishes […]
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The USD/CHF exchange rate remains under pressure this week as market participants focused on the new tariffs on most goods imported from Switzerland. It was trading at 0.8040, down by over 13% from its highest point this year. US and Switzerland trade war The main catalyst for the USD/CHF is the new tariffs on all […]
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US stocks edged lower on Friday as investors booked profits following a week of strong gains and new record highs for the S&P 500. A fresh inflation reading underscored persistent price pressures, tempering optimism after Nvidia’s blockbuster earnings earlier in the week. Inflation data keeps Fed in focus The S&P 500 dipped 0.3%, the Nasdaq […]
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US equities fell on Tuesday as investors weighed higher bond yields and legal developments on trade policy, setting a cautious tone at the start of September, historically one of the weakest months for the market. The Dow Jones Industrial Average dropped 555 points, or 1.2%. The S&P 500 declined 1.3%, while the Nasdaq Composite slid […]
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