Tesla just wrapped up a blockbuster quarter, delivering 497,099 cars and building 447,450 units, its biggest numbers yet. The energy side of the business also hit a new milestone, rolling out 12.5 GWh of storage products, nearly double what it managed a year ago. But here’s the catch: that surge wasn’t really about red-hot demand. […]
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A day of significant global developments is underway, as President Donald Trump prepares to unleash a new front in his trade war, Taiwan’s president makes a direct and public appeal for US support, and the British government gets an unexpected lifeline from the very inflation that is plaguing its citizens. Here’s your one-stop stand to […]
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Pi Network price has been in a strong uptrend this week as investors bought the dip and cheered the rumors of its ISO certification. It rose to a high of $0.2918, up by 87% from its lowest level this month. This article explores why the Pi crypto jumped and what to expect in the near […]
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US-listed spot Bitcoin exchange-traded funds (ETFs) saw net outflows of $470 million on Wednesday as Bitcoin briefly dropped to $108,000 before recovering, according to data from Farside Investors. The withdrawals marked a reversal after two consecutive days of inflows earlier in the week. Date IBIT FBTC BITB ARKB BTCO EZBC BRRR HODL BTCW GBTC BTC […]
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The cryptocurrency market has been extremely volatile in the last 24 hours after the FOMC meeting. While analysts expected a pump in Bitcoin’s price, the market turned red, with over $300 million worth of leveraged positions liquidated from the market within hours. Fed cuts interest rate, Bitcoin tumbles to $108k The primary event of October […]
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Amazon Web Services is experiencing growth so extraordinary that even seasoned market analyst Jim Cramer is reaching for superlatives. While speaking with InsiderMonkey, the veteran investor called Amazon’s cloud division’s expansion “some of the most profitable growth the world has ever seen,” particularly after the company reported a 20% growth rate off a $132 billion […]
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Oil prices edged up on Thursday, boosted by concerns over supply as sanctions on Russian oil weighed on sentiments. Meanwhile, gold prices were back above the coveted $4,000-per-ounce mark after a few sessions in the red. Silver on COMEX also rose, tracking the upward movement in the yellow metal on Thursday. Additionally, base metal prices […]
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Broadcom stock price has done well this year, helped by the ongoing AI tailwinds that have turned it into a $1.57 trillion juggernaut. It has jumped by 160% from its lowest level in April when Donald Trump unveiled his reciprocal tariffs. AVGO now trades at $358, a few points below the all-time high. AVGO business […]
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US equities have been on a bull run since, well, take your pick. The Great Financial Crisis low of March 2009, when the S&P 500 hit the devilish level of 666? Or maybe from March 2020, when the world shut down as the COVID crisis took hold. Dot-com bust, anyone? There’s an awful lot of […]
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The US financial and political landscape saw significant developments on Wednesday, ranging from court interventions during the ongoing government shutdown to positive momentum in corporate and sovereign markets. Key updates include a federal judge blocking Trump administration layoffs, Tesla’s stock rebound ahead of its Q3 earnings, regulatory approval for a new tech-focused bank, renewed US […]
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