The S&P 500 Index and its top ETFs, like the SPY and VOO have surged and moved to their all-time highs this year, helped by the ongoing tailwinds in the artificial intelligence industry. The index jumped to a record high of $6,692, up by almost 40% from its lowest level this…
SLV silver ETF, which tracks the price of the silver metal, recorded gains for the 8th consecutive week. A weaker US dollar, economic uncertainties, and expectations of more interest rate cuts have steadily bolstered precious metals. However, having been in the overbought territory for a couple of sessions now, the…
The S&P 500 Index has been in a strong bull run this year, and is now hovering at its highest level on record. It was trading at $6,643 on Friday, a few points below the all-time high of $6,693. The index reacted to several important news events last week, with a…
The CAC 40 and DAX 40 indices have remained in a tight range in the past few months. CAC 40, which tracks the biggest companies in France, was trading at €7,870, up by 16% from its lowest level this year. Similarly, the DAX Index was trading at €23,740, also much higher…
The Nifty 50 Index has crashed in the past few days, with technology companies being the top laggards. It was trading at ₹24,765, down 3.65% from the year-to-date high. This article explores the top catalysts for the Nifty Index this month.Nifty 50 Index to react to RBI interest rate decisionOne…
The Indian rupee crashed to a record low this month, making it one of the worst-performing currencies in the Asian region this year. The USD/INR exchange rate rose to a record high of 88.86, up by over 6.1% from its highest level this year. RBI interest rate decision will impact the Indian…
Solana price has rebounded in the past few days, moving from a low of $190 last week to the current $208. SOL token remains about 120% above the year-to-date low. Here are some of the top reasons why the SOL price will rebound and possibly reach an all-time high.Solana price…
Ovo Energy, the UK’s fourth-largest residential gas and electricity supplier, is planning to sell a stake in its software arm, Kaluza, at a potential “unicorn” valuation, Sky News has reported. The move is part of a broader strategy to bolster the balance sheet of the company, which serves just under…
Lucid stock price has recovered this month, moving from a low of $15 to $24, its highest point since August 5. Still, it remains about 28% below its highest point in 2024. This article explains why the LCID shares jumped and why it remains at risk of a crash.Why Lucid…
This week was marked by sweeping moves from the White House, sharp turbulence in cryptocurrency markets, and a controversial shift in US health policy. Here’s a breakdown of the key events that transpired in the week.Trump signs executive order on TikTok dealPresident Donald Trump signed an executive order approving a…