US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on rare earth metals. The metals are critical for both the tech and defense industries, and the remarks immediately triggered a broad market sell-off, erasing early […]
Read More
US stocks surged on Monday, reversing Friday’s steep sell-off, after President Donald Trump reassured markets that trade relations with China “will all be fine.” The Dow Jones Industrial Average rose 500 points, or 1.1%, while the S&P 500 climbed 1.3% and the Nasdaq Composite advanced 1.6%. Technology companies led the gains. AMD and Nvidia both […]
Read More
Tesla stock rose on Wednesday, rebounding from a 2% decline in the prior session, as attention remained fixed on Chief Executive Elon Musk’s potential $1 trillion compensation package and fresh optimism from Wall Street analysts. The S&P 500 rose 0.2%, the Nasdaq Composite added 0.3%, and the Dow Jones Industrial Average gained 102 points, or […]
Read More
US markets closed higher on Friday as investors weighed fresh inflation data, weakening consumer sentiment, and mixed corporate developments. Tesla shares edged up on optimism over its artificial intelligence and robotics expansion, while Toyota issued a recall for its Supra vehicles. Meanwhile, President Donald Trump signaled progress toward a potential Gaza deal, adding a geopolitical […]
Read More
OpenAI has become the world’s most valuable startup after closing a secondary share sale that allowed its employees to sell about $6.6 billion worth of stock, according to a Bloomberg exclusive. The deal valued the company at $500 billion, overtaking Elon Musk’s SpaceX and establishing OpenAI as the top privately held startup by market value. […]
Read More
Cryptocurrencies remained elevated on Tuesday as Bitcoin climbed past $117,000. While altcoins stall ahead of potential breakouts, Pump.fun’s native token led the rebound with an over 13% increase in the last 24 hours. Amplified accumulation by large-scale investors fueled the PUMP rally. According to Lookonchain, four whales bought 2.74 billion PUMP coins, worth around $14 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More