The iShares Bitcoin Trust is on track for a spectacular rally when the markets open this week as Bitcoin price exploded higher and reached a record high. The IBIT ETF ended the week at $44, a few points below its all-time high. IBIT ETF inflows are soaring The iShares Bitcoin…
Rolls-Royce share price has pulled back in the past few days after the company published its financial results. After peaking at 592p on November 6, the stock has pulled back to 553p, giving it a market cap of over $61 billion. Rolls-Royce share price dropped after earnings Rolls-Royce Holdings, the…
Zeta Global stock price has done well this year, making it one of the best-performing companies in Wall Street. It has risen in the last four consecutive days and is hovering near the key resistance level at $36. This means that the Zeta share price has surged by over 755%…
Mt. Gox, once the world’s largest crypto exchange, has executed a substantial Bitcoin transfer, raising questions about potential impacts on Bitcoin’s market. Following a series of movements by the exchange’s wallets, approximately $2.44 billion in Bitcoin (BTC) was relocated, sparking speculation of impending creditor repayments. These transfers come as BTC…
The International Consolidated Airline (IAG) share price has gone parabolic and is cruising after the company published strong financial results on Friday. It climbed by over 7% last week, reaching a high of 235p, its highest level since March 2020. It has jumped by over 158% from its lowest level…
Virgin Galactic stock price has collapsed by over 87% this year, a trend that could keep getting worse in the coming months. SPCE shares have plunged by over 90% from its all-time high, erasing billions of dollars in value. It was trading at $6.22, giving it a market cap of…
US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday. The US Fed cut interest rates by 25 basis points on Thursday, and Chair Jerome Powell hinted at further easing of monetary policies in the coming months. At the time of writing,…
Donald Trump’s re-election as US President has quickly reignited debates over America’s foreign policy direction, particularly concerning the Ukraine conflict. In a recent discussion with the Ukrainian President, Trump has proposed an 800-mile buffer zone between Ukraine and Russia, enforced not by US troops but by European forces. This move aims…
Copper prices rose slightly on Monday after last week’s steep losses on a strong dollar after Donald Trump’s victory in the 2024 US presidential election. The dollar surged on Wednesday after Trump’s victory, which weighed on prices of most commodities. A stronger dollar makes commodities priced in the greenback more…
Minneapolis Federal Reserve President Neel Kashkari has issued a warning regarding the potential inflationary consequences of President-elect Donald Trump’s proposed tariff plan. In an interview on CBS’ ‘Face the Nation’, Kashkari cautioned that while one-time tariffs “shouldn’t have an effect long run on inflation,” the risk lies in the potential…