Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours. Investors reacted to India’s surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS. The precious metal also came under pressure from a… Continue reading Silver falls again: are Fed rate fears about to hit prices harder?
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Crypto crash: why are Bitcoin Cash, LUNC, Pi Network, WLFI going down?
A crypto crash is happening today, May 18, with Bitcoin leading the charge, amid rising liquidations and bond yields. Bitcoin price dropped to $76,500, its lowest level in three weeks. Most altcoins were in the red, with Bitcoin Cash (BCH) falling by 7.30% and Terra Luna Classic (LUNC), Pi Network (PI), and World Liberty Finance… Continue reading Crypto crash: why are Bitcoin Cash, LUNC, Pi Network, WLFI going down?
Kospi slides as Gulf strikes rattle oil, bonds and Asian markets
Asian markets fell sharply on Monday after drone strikes in the Gulf reportedly triggered a fire at a nuclear power facility in the UAE, lifting oil prices and reigniting fears over inflation, tighter monetary policy and slower global growth. The renewed geopolitical tensions pushed investors away from equities and into defensive positions, while global bond… Continue reading Kospi slides as Gulf strikes rattle oil, bonds and Asian markets
Samsung stock jump 5%: is the strike crisis finally easing?
Samsung stock swung sharply last week as fears over a massive worker strike erased billions from the company’s market value. The stock fell as much as 9.3% as labor talks broke down and a planned strike drew closer, then recovered on Monday after South Korea’s government stepped in to cool the dispute. The immediate question… Continue reading Samsung stock jump 5%: is the strike crisis finally easing?
Top 2 reasons why the Nikkei 225 Index is crashing today
The Nikkei 225 Index dropped for three consecutive days, reaching a low of ¥60,910, its lowest level since May 7 this year. It has pulled back from this month’s high of ¥63,760 as crude oil prices drop, and Japan bond yields jump. Japan stocks drop as crude oil prices jump The Nikkei 225 and Topix… Continue reading Top 2 reasons why the Nikkei 225 Index is crashing today
WTI crude oil outlook as odds of renewed US–Iran conflict increase
The WTI crude oil price jumped to $103.3 on Monday morning as investors bet that the US and Iran will go back to war. Brent, the global benchmark, rose to $111.27, its highest point since May 5. These gains may accelerate in the near term if the war resumes. Donald Trump threatens Iran The WTI… Continue reading WTI crude oil outlook as odds of renewed US–Iran conflict increase
Mizuho stock tumble after 660% profit jump: what’s rattling investors?
Mizuho Financial Group delivered a strong result as quarterly profit for January–March surged to 228.7 billion yen from 30.1 billion yen a year earlier, and full-year net profit reached a record 1.25 trillion yen. Yet the stock market did not reward the performance. On Monday, Mizuho shares fell sharply after a weekend media report sparked… Continue reading Mizuho stock tumble after 660% profit jump: what’s rattling investors?
SpaceX IPO: 2 AI stocks that stand to benefit big time
SpaceX’s confidential S-1 filing sets the stage for a historic initial public offering. Targeting a valuation between $1.75 trillion and $2 trillion, a sharp premium to recent $800 billion private tenders, the aerospace manufacturer aims to raise roughly $75 billion. This offering would shatter records, eclipsing Saudi Aramco’s 2019 debut. Beyond unlocking liquidity for early… Continue reading SpaceX IPO: 2 AI stocks that stand to benefit big time
Zeta Global stock soared after Snowflake OSI entry: what next?
Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference. Zeta Global stock jumped after… Continue reading Zeta Global stock soared after Snowflake OSI entry: what next?