Digital currencies are experiencing significant bearishness, with faded liquidity preventing upsides and accelerating every dip. Cryptocurrencies remained unmistakably cautious the past week, with major headlines failing to spark rallies, at least as analysts and traders expected. The rate cut that failed to lift crypto All eyes remained on the December 10 FOMC this week. You
Apple Inc. (NASDAQ: AAPL) faces frequent criticism for lagging in artificial intelligence innovation compared to aggressive moves by Microsoft, Google, and Meta. However, 2026 will finally mark the giant’s entry into an “AI revolution”, argues Wedbush’s senior analyst, Dan Ives. Ives maintained his “outperform” rating on AAPL shares this week, raising his price target to
The year 2026 is shaping up to be one of the most active periods for global equity markets, with several high-profile companies preparing for listings that could rank among the largest in history. From US artificial intelligence leaders accelerating their path to public markets to India’s most anticipated domestic offerings, investor appetite is building ahead
Nexo, a cryptocurrency firm, announced on Thursday that it is buying Argentine trading platform Buenbit, which the company considers a major milestone in its long-term plans for geographical expansion in Latin America. In a press release, the firm, which provides crypto loans, trading tools, and a crypto exchange from its Cayman Islands base, described the acquisition
Tesla stock (NASDAQ: TSLA) slipped over 2% on Thursday as renewed questions about valuation, margin pressure, and execution risks on autonomous driving spooked investors. The downward cycle of Tesla stock began with Morgan Stanley’s recent downgrade to “Equal Weight,” which prompted traders to examine whether this marks the beginning of a larger retreat. The stock
On Thursday, Spain’s National Police entered the offices of airline company Plus Ultra to obtain financial documentation as part of a closed money-laundering investigation filed in Madrid’s Investigative Court No. 15. According to sources cited by the Spanish news agency EFE, officers were inside the company’s main offices reviewing records requested by the court, which is
Gold prices were slightly higher on Thursday after the US Federal Reserve cut interest rates. Meanwhile, silver prices continued to rally with the metal hitting a fresh record high on COMEX, buoyed by lower interest rates and a supply crunch. Oil prices were in the red with investors focusing on peace talks between Russia and
Digital currencies plunged on Thursday, December 11, with the value of all cryptocurrencies declining by 2.50% in the past 24 hours to $3.07 trillion. Today’s slump caught many off guard as it happened even after the Fed delivered the much-anticipated 25 bp rate cut, a move that generally sparks risk assets. Nevertheless, hawkish comments from
The European Union plans to ease compliance for companies under its methane emissions law on oil and gas imports. This change could boost US gas exports to the EU, following pressure from the Trump administration for an amendment to the policy. Starting this year, the European Union has implemented a significant regulatory change targeting methane
Oracle (NYSE: ORCL) crashed as much as 14% on Thursday morning after the legacy technology company raised its guidance for AI spending, even as revenue fell short of expectations in its fiscal Q2. The giant’s $16.06 billion in quarterly revenue missed estimates by some $150 million. Still, ORCL management raised its outlook for capital expenditures