Cryptocurrency prices have recoiled this year as last year’s demand eased. Bitcoin remained below the all-time high of $109,200, while Ethereum is stuck in a bear market after falling by over 20% from its December highs. Many altcoins will likely bounce back as the Securities and Exchange Commission (SEC) approve…
The TSX Composite index is hovering near its all-time high ahead of the upcoming Bank of Canada (BoC) interest rate decision. It was trading at C$25,420, a few points below the all-time high of C$25,790, and has jumped by over 20% in the last 12 months. So, are Canadian stocks…
The ASX 200 index rose this week after Australia published encouraging consumer inflation data, pointing to a potential dovish Reserve Bank of Australia (RBA). The index, which tracks the biggest companies in Australia, rose to A$8,488 on Wednesday, its highest level since December 5 and a few points below the…
AMC stock price continued to retreat this year as investors remained wary about the Box Office and its profitability this year. It has dropped by 17% the year so far and is hovering at its lowest level on record. AMC shares have plunged by almost 100% from its highest level…
The Nikola stock price has collapsed to a record low, transforming a company that was once worth $26 billion in 2020 to just $74 million. NKLA has imploded as risks of bankruptcy rise during the Donald Trump Administration. So, will the Nikola share price rebound or continue falling this year?…
Carnival stock price went vertical this week, reaching its highest level since June 2021, as signs showed that the cruise industry was still thriving. It jumped to $27.86 on Tuesday in New York, up by over 352% from its lowest level in 2022, making it one of the best-performing companies…
Shopify stock price continued rising this year and is hovering at its highest level since January 2022. SHOP has jumped by almost 400% from its pandemic low as traders focus on the upcoming quarterly financial results. Its surge has pushed its market cap to over $138 billion. So, is Shopify…
Asian stock markets are trading jittery on Tuesday, reflecting the mixed performance in US markets overnight. Most major markets in the region are closed for the Lunar New Year holidays, and traders remain cautious ahead of key monetary policy announcements from the Bank of Canada, the US Federal Reserve, and…
The United Parcel Service (UPS) stock price has crashed in the past few years as the company has faced major challenges. It has dropped by over 34% from its all-time high, bringing its market cap from over $216 billion in 2022 to $125 billion. UPS has underperformed FedEx, its biggest…
The cryptocurrency market continues to evolve with projects capturing attention for their innovation and community-driven growth. iDEGEN, an AI-powered crypto project, and Pudgy Penguins, a popular NFT brand, have emerged as notable contenders. While Pudgy Penguins has made strides in branding and offline integration, iDEGEN’s cutting-edge technology and adaptive presale…