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eToro beats Q1 profit estimates as commodities trading surges

Trading and investing platform eToro reported stronger-than-expected first-quarter earnings on Tuesday, helped by a sharp increase in commodities trading activity during a volatile market environment. Shares of the company rose 6.5% in premarket trading. The stock has gained nearly 10% so far this year as of the previous close. Markets remained volatile during the first… Continue reading eToro beats Q1 profit estimates as commodities trading surges

SanDisk stock is in a bull run — but RSI says a pullback may be near

Sandisk’s stock price has gone parabolic this year, becoming the top gainer in the S&P 500 and Nasdaq 100 indices. It has soared by over 4,300% in the last 12 months and by 540% this year. This rally has been driven by the ongoing memory chip shortage amid the AI boom. Stil, there is a… Continue reading SanDisk stock is in a bull run — but RSI says a pullback may be near

Hims & Hers tumbles 15% after earnings miss as GLP-1 transition weighs on results

Shares of Hims & Hers Health (HIMS) fell sharply in premarket trading on Tuesday after the telehealth company reported weaker-than-expected first-quarter revenue and a surprise loss. The stock dropped around 15% before the opening bell after the company said changing dynamics in its GLP-1 weight-loss business had hurt margins and disrupted sales recognition during the… Continue reading Hims & Hers tumbles 15% after earnings miss as GLP-1 transition weighs on results

UK shares fall as Starmer faces pressure amid Middle East tensions

UK shares traded lower on Tuesday as investors assessed growing domestic political uncertainty surrounding Prime Minister Keir Starmer and renewed tensions in the Middle East. The blue-chip FTSE 100 fell 0.4% by 1053 GMT, while the midcap FTSE 250 dropped 1.2%. Investors assess Starmer’s political future Market sentiment remained cautious after Starmer rejected calls to… Continue reading UK shares fall as Starmer faces pressure amid Middle East tensions

Pi Network Coin price is in a deep slumber: will it surge or crash?

Pi Network price remains in a deep slumber this month, continuing a consolidation that started in March this year. It has largely ignored some of the top catalysts, including the ongoing upgrades and the recent statements by its founders at the Consensus event in Miami. Pi Coin was trading at $0.1720, down by 42% from… Continue reading Pi Network Coin price is in a deep slumber: will it surge or crash?

Dow futures slip 55 points: 5 things to know before market opens

US stock futures traded cautiously on Tuesday as investors weighed renewed tensions between Washington and Tehran against the prospect of a key inflation reading later in the day. The focus has shifted quickly from artificial intelligence-driven optimism to a more fragile mix of geopolitics, inflation and interest-rate risk. April’s consumer price index report is now… Continue reading Dow futures slip 55 points: 5 things to know before market opens

China AI optimism overshadows trade concerns ahead of Trump-Xi meeting

China-focused investors are increasingly looking beyond trade tensions ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing, with market attention now centred on artificial intelligence growth and potential changes to US chip export restrictions. The shift marks a sharp contrast from previous years, when Chinese asset prices moved… Continue reading China AI optimism overshadows trade concerns ahead of Trump-Xi meeting

FTSE 100 Index drops as Barclays, NatWest, and Lloyds sink amid 2 key risks

The FTSE 100 Index retreated for the fourth consecutive day, reaching its lowest level since March 30th. It has dropped by over 6.30% from its highest point this year as geopolitical risks jumped. FTSE 100 Index chart | Source: TradingView FTSE 100 Index drops amid rising risks in the UK The FTSE 100 Index retreated… Continue reading FTSE 100 Index drops as Barclays, NatWest, and Lloyds sink amid 2 key risks