Global markets saw mixed signals Tuesday as the US said its ceasefire with Iran remains intact despite fresh clashes near Hormuz, oil prices fell on easing escalation fears, Bitcoin climbed to $81,500 amid rising tokenization momentum, and Intel shares surged on optimism around potential foundry deals with Apple. US reaffirms Iran ceasefire despite fresh tensions… Continue reading Evening digest: Oil slips, Bitcoin rallies above $81k as geopolitics shift
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Bullish stock jumps 10%: Why Equiniti deal could be pivotal?
Shares of Bullish (NYSE: BLSH) surged on Tuesday after the cryptocurrency exchange operator announced a $4.2 billion agreement to acquire Equiniti, marking a major step in its push to build infrastructure for tokenized securities. The all-stock transaction, which includes the assumption of $1.85 billion in debt, is expected to close in January 2027, subject to… Continue reading Bullish stock jumps 10%: Why Equiniti deal could be pivotal?
Duolingo stock sinks: Are weak user metrics the real concern?
Shares of Duolingo (NASDAQ: DUOL) fell sharply, dropping as much as 8.7% on Tuesday, as investors focused on weaker-than-expected user growth despite a strong first-quarter revenue performance. The stock has declined 43% this year, with losses widening to 79% over the past 12 months. The sell-off underscores growing investor concern that the company’s growth strategy… Continue reading Duolingo stock sinks: Are weak user metrics the real concern?
Analyst warns of a peak in Micron stock: find out more
Micron Technology (NASDAQ: MU) is ripping higher on Tuesday morning, even though Envision Research issued a dovish note on the DRAM and NAND memory specialist. The upward momentum on May 5 has pushed MU’s relative strength index (14-day) into the early 80s, indicating extremely “overbought” conditions that often precede a pullback. Micron stock has been… Continue reading Analyst warns of a peak in Micron stock: find out more
DuPont rallies after strong results—more upside ahead?
Shares of DuPont (NYSE: DD) rose sharply on Tuesday after the industrial materials maker reported first-quarter results that exceeded analyst expectations and raised its full-year financial outlook, signaling resilience despite rising input costs linked to geopolitical tensions. The stock climbed about 8.9% to around $49.46, reaching its highest level since March. The gains came as… Continue reading DuPont rallies after strong results—more upside ahead?
Michael Burry just sold GameStop stock: should you too?
GameStop (NYSE: GME) opened in the “red” this morning after Big Short investor Michael Burry confirmed he’s cut his entire stake in the gaming merchandise retailer. The subsequent downward pressure has GME challenging its 100-day moving average (MA) today – with a decisive break below $23 expected to accelerate bearish momentum in the near-term. Including… Continue reading Michael Burry just sold GameStop stock: should you too?
Intel stock jumps 15% as Apple foundry talks spark chip demand hopes
Shares of Intel (NASDAQ: INTC) surged on Tuesday, driven by renewed optimism that the chipmaker could secure a major external customer for its manufacturing business. The stock climbed about 15% to its intraday high of $110.48, recouping losses from the previous session and extending its strong run this year. Investor enthusiasm followed a report that… Continue reading Intel stock jumps 15% as Apple foundry talks spark chip demand hopes
AB InBev stock jumps 9% as earnings beat and beer volumes defy slump
Shares of Anheuser-Busch InBev rose sharply on Tuesday after the world’s largest brewer reported first-quarter results that exceeded analyst expectations, supported by resilient beer demand and a return to volume growth. American depositary receipts climbed 9.3%, building on gains earlier this year, after the company posted adjusted earnings per share of 97 cents, up from… Continue reading AB InBev stock jumps 9% as earnings beat and beer volumes defy slump
FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss
The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935. Soaring UK Gold yields A key reason why the FTSE 100 Index pulled back is that UK bond… Continue reading FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss
