Shares of Tesla fell in early Wednesday trading, slipping to $398.75, as broader US markets came under pressure following a stronger-than-expected inflation reading. The Dow Jones Industrial Average dropped 351 points, or 0.8%, while the S&P 500 declined 0.5%. The Nasdaq Composite also fell 0.5%. The move came after the latest producer price index (PPI)
Amazon is stepping up its push into ultrafast delivery, rolling out one-hour and three-hour shipping options across parts of the US as competition in rapid fulfilment intensifies. The company announced on Tuesday that three-hour delivery is now available in approximately 2,000 cities and towns, while one-hour delivery has been launched in hundreds of those locations.
Bitget, the world’s largest Universal Exchange, is expanding its spot market with a new batch of Ondo Global Markets tokenized securities, bringing major US equities, index ETFs, and precious metals into a single trading environment alongside digital assets. The rollout adds a new layer to Bitget’s multi-asset model, allowing users to trade crypto and traditional
XPeng stock price has rebounded in the past few days, with its US ADR rising from $15.35 on March 3 to the current $20. This recovery will be put to the test this week when it publishes its financial results later this week. XPeng to publish its financial results this week XPeng, a top Chinese
Nvidia (NASDAQ: NVDA) moved higher in the pre-market trading on Tuesday after CEO Jensen Huang used the company’s GTC keynote to deliver a bigger-than-expected view of the AI infrastructure market. Jensen’s remarks were echoed by the prominent analysts, with Wedbush’s Daniel Ives emphasizing that Nvidia remains at the center of what he sees as a
PDD Holdings stock price remains under pressure this week as traders focus on the upcoming financial results. Its ADR was trading at $103 on Monday, down by 37% from its highest level in May. So, will the stock rebound now that it has become a bargain? PDD Holdings has become a bargain ahead of earnings
Recent geopolitical tensions have triggered sharp moves across global markets, with oil prices rising, the dollar strengthening, and equities facing pressure. In contrast, Bitcoin has shown relative resilience, prompting fresh debate over its role during periods of macro uncertainty. At the time of writing, the cryptocurrency is trading at around the $74,000 mark. While correlations
Airline stocks climbed on Tuesday after major US carriers signalled that robust travel demand is helping cushion the impact of soaring fuel costs triggered by the escalating Middle East conflict, offering relief to a sector battered in recent weeks. Delta said the conflict in the Middle East has not dented travel demand so far, with
US stocks edged higher on Tuesday as investors looked to extend the previous session’s gains, while closely monitoring developments in the escalating Iran conflict and its impact on global energy markets. The S&P 500 and Nasdaq 100 gained 0.6%. Dow Jones Industrial Average advanced 398 points, or 0.85%. The cautious optimism follows a strong rebound
Ripple is stepping up its presence in Brazil as it broadens its digital asset services and prepares to enter the country’s formal crypto regulatory system. The payments-focused blockchain firm said Tuesday it is rolling out an expanded suite of offerings designed for banks and fintechs, while also planning to apply for a Virtual Asset Service