Shares of Samsung Electronics Co. surged by as much as 7.5% in Seoul trading on Monday after the company announced a surprising buyback plan valued at 10 trillion won ($7.2 billion) over the next year. This rise built on the 7.2% gain observed on Friday ahead of the announcement. Despite…
The Indonesian rupiah has been in a strong sell-off in the past few weeks as the US dollar strength remained and as concerns about its economy continued. The USD/IDR exchange rate soared to 16,004 last week, up by over 6% from its lowest point this year. Indonesia’s central bank decision…
The Turkish lira dropped to a record low last week as the US dollar strength continued. The USD/TRY exchange rate surged to a high of 34.60, which was significantly higher than 29.7, where it started the year. It has soared by over 500% in the last five years, making lira…
Mantra price went parabolic during the weekend, making it one of the best-performing cryptocurrencies in the industry. The OM token soared to a record high of $4.5, substantially higher than last year’s low of $0.0061. This rally means that the OM token has soared by over 23,000% in this period.…
Hedera Hashgraph price continued its strong rally, soaring to a high of $0.1170, its highest level since May 21st. It has risen in the last five consecutive days and is about to form a golden cross pattern, pointing to further gains in the coming weeks. It is up by over…
ZIM Integrated stock price rallied for three consecutive weeks and reached its highest level since August 2022. It has soared by over 334% from its lowest level in 2023, making it one of the best-performing companies in Wall Street. This rally has brought its market cap to over $3.12 billion.…
Lucid Group stock price tumbled to a record low last week as investors remained concerned about Donald Trump’s threat to end tax credits for electric vehicles. LCID shares plunged to a low of $1.93 on Friday, bringing the year-to-date losses to 52%. This crash makes it one of the worst-performing…
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship and threats. The lawsuit claims Unilever attempted to dismantle Ben & Jerry’s independent board to silence its support for Palestinian…
Bitcoin has celebrated the return of Donald Trump to the White House in recent weeks and the momentum is unlikely to fade anytime soon, as per BCA Research analyst Dhaval Joshi. Joshi expects BTC to eventually be worth more than $200,000. He sees Bitcoin as a non-confiscatable asset that accounts…
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship and threats. The lawsuit claims Unilever attempted to dismantle Ben & Jerry’s independent board to silence its support for Palestinian…