The USD/KRW exchange rate formed a God candle on Tuesday, rising to its highest level on record as the president announced an emergency martial law in South Korea. The currency jumped to 1,441 and then eased a bit to 1,414. South Korean political crisis The South Korean won collapsed and…
Old-school cryptocurrencies are in a strong bull run this week, largely outperforming newer ones. EOS price jumped to a high of $1.5230, its highest level since September 22. It has jumped in the past five consecutive weeks and is up by 250% from its lowest level this year. NEO, another…
Monero price made a strong bullish breakout after spending over three years in a deep consolidation between $125 and $180. The XMR token soared to a high of $217, its highest level since May 2022. It has jumped by over 97% from its lowest point this year. Why Monero price…
Asian stock markets rebounded sharply on Tuesday, led by gains in the tech sector after Wall Street hit record highs overnight. However, currency markets remained volatile as traders assessed diverging monetary policies in the US and Japan. Meanwhile, geopolitical tensions, including political uncertainty in France and escalating US-China trade friction,…
Dollar Tree (DLTR) stock price has collapsed and is hovering at its lowest level since May 2020. It has plunged by about 60% from its highest level in 2022, bringing its market cap from over $47 billion to about $16 billion. Dollar stores are in trouble The Dollar Tree stock…
Indian benchmark indices extended their winning streak on Tuesday, with the BSE Sensex climbing 450 points (0.56%) to 80,699.04 and the Nifty50 gaining 126 points (0.52%) to trade at 24,402. This marks the third consecutive session of gains, spurred by a rally in metal and financial stocks. The uptick followed…
The SPDR S&P 500 ETF (SPY) stock continued rising and is sitting at a record high as the strength of the equities market accelerates. The fund was trading at $605 on Monday, bringing the year-to-date gains to about 27%. Other related funds like the Vanguard S&P 500 (VOO) and the…
In a surprising shake-up, Intel’s CEO Pat Gelsinger has stepped down under board pressure, marking the end of his nearly four-year tenure at the helm of the chipmaking titan. Gelsinger, who spent a significant part of his career at Intel, was asked by the board to either retire or face…
Nio stock HK stock price has been under intense pressure in the past few months as concerns about its business and the EV industry remained. It initially surged to H$74.15 in January this year and then plunged to $29.15 in April and August, forming a double-bottom chart pattern. Nio shares…
Archer Aviation (ACHR) stock price suffered a harsh reversal as the number of investors shorting it jumped. After being one of the best-performing companies in Wall Street, it has dropped by over 26% from its highest level this year. This pullback has brought its market cap to about $4 billion.…