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AST SpaceMobile sinks 15% after Blue Origin satellite failure

Shares of AST SpaceMobile fell sharply in premarket trading on Monday after the company disclosed a major setback involving one of its latest satellites, raising concerns about execution risks in the fast-growing space-based broadband race. The stock dropped more than 15%, after the company confirmed that its BlueBird 7 satellite had been placed into an… Continue reading AST SpaceMobile sinks 15% after Blue Origin satellite failure

Bitcoin ETFs log $996M inflows even as Iran tensions resurface

US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk appetite and geopolitical developments drove institutional activity. ETF inflows hit multi-month highs According to data from SoSoValue, spot bitcoin ETFs drew in $996.4 million in net inflows last week, marking the largest… Continue reading Bitcoin ETFs log $996M inflows even as Iran tensions resurface

FTSE 100 Index slips as IAG, Lloyds, EasyJet, Rolls-Royce shares tumble

The FTSE 100 Index retreated by nearly 1% on Monday, mirroring the performance of other global indices after the closure of the Strait of Hormuz. It dropped to £10,600 from last week’s high of £10,717.  IAG, EasyJet, and Rolls-Royce shares lead the drop  Companies in the travel and adjacent industries were among the top laggards… Continue reading FTSE 100 Index slips as IAG, Lloyds, EasyJet, Rolls-Royce shares tumble

Dow Jones futures are falling today: will the earnings season trigger a rebound?

The Dow Jones Index futures slipped on Monday as concerns about the rising US-Iran tensions rose. They dropped by over 300 points to $49,185, down from last week’s close of $49,445. This article provides a forecast on what to expect as corporate earnings rise. Dow Jones Index futures drop as geopolitical risks rise  The blue-chip… Continue reading Dow Jones futures are falling today: will the earnings season trigger a rebound?

XRP price prediction: double-bottom forms as Ripple ETF inflows rise

XRP price pulled back slightly on Monday as sentiment in the crypto industry worsened and the Fear and Greed Index exited the greed zone. Ripple token was trading at $1.4096 on Monday, down slightly from last week’s high of $1.5083. Still, the coin has formed a double bottom pattern, pointing to a rebound as ETF… Continue reading XRP price prediction: double-bottom forms as Ripple ETF inflows rise

Europe shares dip as US-Iran peace outlook weakens

Futures tracking Europe’s main stock indexes fell sharply on Monday, as renewed geopolitical tensions in the Middle East dampened investor sentiment. The decline followed Washington’s seizure of an Iranian cargo ship attempting to bypass a blockade, prompting Tehran to vow retaliation. The STOXX 600 index were down nearly 1.5%, reflecting broad-based weakness across regional markets.… Continue reading Europe shares dip as US-Iran peace outlook weakens

The Strait of Hormuz keeps markets on edge as ceasefire deadline nears

Fifty days into a war that has rewritten the rules of global energy, the Strait of Hormuz has opened and closed three times already. The last opening lasted less than 24 hours. The ceasefire expires on Wednesday. And the people who actually move oil around the world are far more alarmed than the people trading… Continue reading The Strait of Hormuz keeps markets on edge as ceasefire deadline nears

Morning brief: global markets eye Hormuz as geopolitical risks persist

Global markets showed resilience on Monday, choosing to look beyond escalating tensions in the Middle East and instead focus on hopes for a deal that could keep shipping routes open through the Strait of Hormuz. Markets traded thinly but remained relatively stable, suggesting investors were not yet pricing in a worst-case scenario. The cautious optimism… Continue reading Morning brief: global markets eye Hormuz as geopolitical risks persist