Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000. The total valuation of all cryptocurrencies remained at $2.04 trillion while the crypto fear and greed index moved to the fear zone of…
Ethereum price has remained in a strong bear market this month amid negative headlines from the biggest chain in the crypto industry. ETH was trading at $2,360 on Friday, down by over 42% from its highest point this year. It is also hovering near its lowest point since February this…
It was another dull week in the cryptocurrency market as the crypto fear and greed index slipped to the fear zone of 37 while Bitcoin remained in a consolidation phase. Bitcoin was trading below $60,000 while Ethereum fell below $2,500. This article looks at Tron (TRX), VeChain (VET), and Helium…
The Swiss franc continued to strengthen against the US dollar and the euro as the mood among central banks continues changing and as demand for safe havens jumped. The USD/CHF exchange rate was trading at 0.8495 on Friday, down by almost 8% from its highest point this year. Similarly, the…
Nvidia’s stock experienced a notable rise of 6% on Wednesday, contributing to a broader market rebound driven by technology shares. This uptick followed a Consumer Price Index (CPI) report that failed to generate significant enthusiasm for imminent interest rate cuts. The positive movement in Nvidia’s stock was sparked by CEO…
Enphase Energy (ENPH) stock price has moved sideways this year as concerns about the ongoing turnaround continued. The stock was trading at $110 on Wednesday, where it has been in the past few weeks. This price is about 67% below the highest point in 2022, giving it a market cap…
Rivian (RIVN) and Lucid Group (LCID) stock prices have staged a strong comeback in the past few months. Lucid has led this growth, rising by almost 50% in the last three months while Rivian has jumped by almost 20% in the same period. Tesla, the OG of the EV industry,…
Real estate companies are doing relatively well as many of them continue navigating the much-talked about wall of maturities well and as the Federal Reserve points to interest rate cuts. The Vanguard Real Estate ETF (VNQ) surged to a high of $97.2 on Wednesday, 42% above its lowest level in…
John Lewis has reported progress in its efforts to revive its struggling business, with its losses nearly halved over the first half of 2024. The retail group, which includes John Lewis department stores and Waitrose supermarkets, posted a loss of £30 million, down from a £59 million deficit during the…
