Nvidia stock (NASDAQ: NVDA) slipped 2% on Thursday to hover near the $182 mark amid geopolitical headwinds and macroeconomic anxiety. The plunge came after few days of healthy gains as Nvidia stock battered the broader market weakness on the back of strong bullish factors. But Thursday’s pullback should not be seen as a doubt around […]
US stocks declined Thursday as oil prices extended their rally amid escalating conflict involving Iran and growing concerns about disruptions to global energy supplies. The Dow Jones Industrial Average dropped 547 points, or 1.2%. The S&P 500 fell around 1%, while the Nasdaq Composite declined 0.9%. The market weakness came as crude oil continued to […]
BlackRock is widening its presence in digital asset markets with the launch of a new exchange traded product tied to Ethereum staking. The asset manager on Thursday introduced the iShares Staked Ethereum Trust ETF, listed on Nasdaq, giving investors exposure to spot Ether while also generating income through staking rewards. The product, called ETHB, adds […]
Nutrien stock price has staged a strong comeback, reaching its highest point since September 2022. It jumped to $82, up by 100% from its lowest point during the pandemic, with the rally accelerating amid the ongoing Iran war. This surge has pushed its market capitalization to over $38 billion. It may continue rising after forming […]
South Korea is preparing to strengthen oversight of cryptocurrency trading as authorities move closer to implementing a long-delayed tax on digital asset gains. The country’s tax authority plans to deploy artificial intelligence to analyse cryptocurrency transaction data, aiming to identify investment profits and detect possible tax evasion before the new tax regime takes effect. According […]
Adobe heads into its first-quarter earnings report later on Thursday with its stock down roughly 18% so far this year. Amid booming valuations in the AI space, Adobe’s stock below average performance has made the upcoming earnings a test of investor confidence. The company is scheduled to release results after the Wall Street closing bell, […]
Shares of Bumble jumped sharply in premarket trading on Thursday after the dating app operator reported stronger-than-expected quarterly results and outlined an artificial intelligence-driven overhaul of its platform aimed at re-engaging younger users. The company’s stock rose about 23% before the opening bell, as investors welcomed signs that Bumble’s turnaround efforts could begin stabilising its […]
CoreWeave stock price remains in a technical bear market after falling from a record high of $186 in June last year to the current $81. This retreat may continue in the near term after forming the highly bearish head-and-shoulders pattern. CoreWeave stock price technical analysis The daily timeframe chart shows that the CRWV stock price […]
House Republicans discussed plans for a second party-line megabill during their policy retreat in Florida this past week, and now GOP senators want in on the action. Sen. Joni Ernst (R-Iowa), in her capacity as head of the Senate DOGE Caucus, sent a letter to Speaker Mike Johnson and House Budget Chair Jodey Arrington (R-Texas) […]
US stock index futures moved lower on Thursday as a renewed surge in oil prices heightened inflation concerns and forced investors to reassess expectations for interest rate cuts from the Federal Reserve. The decline in futures came after reports of further attacks on oil tankers in the Middle East, which raised fears of escalating supply […]