Atlassian stock price continued its strong downtrend this month and is now hovering at its lowest point since August last year. TEAM plunged to a low of $149.40, down by 55% from its highest point this year. This crash has brought its market cap from over $85 billion to $40…
Rigetti Computing stock price has gone vertical in the past few month, helped by the ongoing hype surrounding the quantum computing industry. This growth has pushed it from a penny stock trading below $1 into a $17 billion company. Why Rigetti stock price is soaringRigetti and other companies in the quantum…
The crypto market remained on edge on Wednesday morning as investors focused on the ongoing trade conflict between the United States and China, the two biggest economies globally. The crash also happened as investors reacted to last week’s liquidations, which affected at least 1.6 million traders. This article provides a forecast…
The Metaplanet share price has been in a strong downward trajectory this year, and is now hovering at the lowest point since May this year. It has plunged by over 70% from its highest point this year, erasing billions of dollars in value. This article explores why it is in…
The Indian rupee surged on Wednesday as investors reacted to reports of a potential deal between the US and India and the several dovish statements from Federal Reserve officials. The USD/INR pair plunged to a low of 87.92, down sharply from the year-to-date high of 88.86.Indian rupee jumps amid rising…
The ASML share price rose on Wednesday as the company published strong financial results that demonstrated demand in the artificial intelligence industry. It was trading at €846, up by about 67% from its lowest point this year, giving it a market capitalization of over €337 billion. ASML earnings downloadASML is a…
The Rolls-Royce share price has pulled back in the past few days, moving from the year-to-date high of 1,195p to the current 1,115p, as investors book profits as they wait for the upcoming trading update in November. So, will the stock crash to 1,000p or rebound to 1,200p?Rolls-Royce share price…
Burberry share price jumped by 6.50% on Wednesday as investors reacted to the latest earnings from LVMH, the biggest company in the industry. BRBY stock jumped by 6% to 1,235p, up from last month’s low of 1,150p.Burberry share price jumps after the strong LVMH numbersThe main reason why the Burberry…
The GBP/USD exchange rate remained in a tight range this week as investors focused on the recent statements by Jerome Powell and Andrew Bailey, and the recently released UK jobs numbers. It was trading at 1.3342 on Wednesday, down from the year-to-date high of 1.3790.Dovish Federal Reserve statements The GBP/USD exchange…
Google plans to invest $15 billion over the next five years to establish an artificial intelligence data center in the southern Indian state of Andhra Pradesh, marking its largest-ever commitment in the country.“This is the largest AI hub we are going to be investing in anywhere in the world outside…