The IBEX 35 index has continued soaring and is hovering at its highest level since January 2010. It has jumped by almost 110% from its lowest level in March 2020, mirroring the performance of other global indices. ECB interest rate cuts The IBEX 35, which tracks the performance of the…
The FTSE MIB index has crawled back this week, rising in the past seven days and reaching its highest level since November 6. The index, which tracks the biggest companies in Italy, rose to €34,625, up by 6% from its lowest level in November. Why Italian stocks are soaring The…
Unicredit share price has done well in the past few years, making it one of the best-performing global banks. The UCG stock has jumped by 680% from its lowest point in 2020, bringing its market cap to over €64.48 billion. It has become the 39th biggest bank in the world.…
JasmyCoin price went parabolic this week as investors piled into Bitcoin alternatives after the biggest coin in the industry blasted past the $100k mark. Jasmy, often named the Japan’s Bitcoin, soared to a high of $0.0590, its highest swing since January 2022. It has jumped by over 963% from its…
Plug Power (PLUG) stock price went parabolic on Thursday even after an influential short-seller warned that the company may go bankrupt. The PLUG share price was trading at $2.50, up by 50% from its lowest point this year. It remains down by almost 100% from its all-time high. Balance sheet…
UnitedHealth Group Inc (NYSE: UNH) is in focus this morning following reports that one of its executives have been shot in Manhattan. An NYPD spokesperson has confirmed that a male aged 50 years was fatally shot at 06:46 a.m. ET in Manhattan. While the representative did not confirm the identity…
Marvell Technology Inc (NASDAQ: MRVL) says continued strength in its custom AI chips business helped it beat Street estimates in its third financial quarter. Shares of the semiconductor behemoth have more than doubled since early August – but Wall Street remains convinced that they still haven’t gotten ahead of themselves.…
UniCredit CEO Andrea Orcel has revealed a crucial deadline in the ongoing pursuit of Banco BPM: March. Speaking during a Wednesday investor call, Orcel indicated that the bank has until then to consider improving its takeover bid, according to a report in Reuters that cited a source familiar with the…
Coinbase stock and the YieldMax COIN Option Income Strategy (CONY) ETF will be in the spotlight after Bitcoin surged above the key resistance level at $100,000. CONY was trading at $18 on Wednesday, down by 37% this year, while COIN was at $330, up by 90% this year. Bitcoin price…
Bitcoin’s record-breaking rally past $100,000 on Thursday underscored a day of mixed performance across Asia-Pacific markets, as investors balanced optimism over potential US interest rate cuts with uncertainties from political upheavals in South Korea and France. Wall Street’s record highs earlier in the week further buoyed sentiment in some regions,…