Bitcoin price remained under pressure on Wednesday morning as investors waited for key events like the Federal Reserve interest rate decision and talks between Donald Trump and Xi Jinping. BTC was trading at $112,538, down from this week’s high of $116,200. Bitcoin price pulls back ahead of Fed decision The BTC price has dropped in […]
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Bitcoin dropped ahead of the Federal Reserve meeting due later today, as traders switched to a wait-and-watch mode. The total crypto market fell over 2% to $3.88 trillion, with the crypto fear and greed index showing no improvement from the previous day, holding steady at a neutral 51, even as several bullish catalysts had lined […]
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Visual messaging app Snapchat’s owner Snap saw its shares soaring by more than 20% during pre-market trading on Thursday after its third quarter earnings results beat Wall Street estimates, while the company also announced a $400 million partnership with Perplexity AI. The company reported adjusted earnings per share of 10 cents, doubling Wall Street’s expectation […]
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Marvell Technology stock price has staged a strong comeback in the past few months, moving from a low of $47 in April to a high of $92.90. This rebound continued this week amid reports that Masayoshi Son considered placing a bid for the company, and after it published strong results. Softbank considered buying Marvell Technology […]
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Shares of Qualcomm Inc. declined on Thursday even after the chipmaker reported quarterly results that topped Wall Street expectations, as investors weighed solid fundamentals against expense growth, soft automotive guidance, and persistent licensing concerns. Earnings beat and strong chip performance For its fiscal fourth quarter, Qualcomm reported adjusted earnings of $3.00 per share, surpassing analyst […]
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The Norwegian krone is in a strong bullish trend this month, helped by the ongoing dollar weakness. The USD/NOK pair plunged in the last six consecutive weeks and moved to its lowest level since January 2023. It is down by over 15% from the highest point this year. Norges Central Bank interest rate cut The […]
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UBS BB revised its exchange rate forecasts and argues that the scenario is more positive for the Brazilian real as global monetary easing progresses, while Brazil continues to offer high domestic interest rates. The bank also sees a fair value of R$5.40 per US dollar at the end of 2025 and the end of 2026, […]
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The Zimbabwe ZiG currency has remained in a tight range in the past few months. The USD/ZWG exchange rate was trading at 26.57 on Monday, a level it has remained this year. This article explores some of the top reasons why the ZiG is doing well and what to expect. Zimbabwe ZiG is being boosted […]
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The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a record high. It peaked at $52.80 on Friday, up sharply from the all-time low of $31.54. This article explores whether the 10% yielding GPIQ ETF is a good buy. What is the GPIQ […]
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US stocks retreated on Tuesday, giving up the gains from the previous session, as renewed trade tensions between Washington and Beijing weighed on sentiment. The Dow Jones Industrial Average fell 416 points, or 0.9%, while the S&P 500 slipped 1.1% and the Nasdaq Composite dropped 1.6%. The sell-off was led by the major artificial intelligence […]
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