The Dow Jones Index and its top indices, like the DIA, soared to a record high last week as investors reflected on the decision by the Federal Reserve to slash interest rates for the first time this year. It jumped to a high of $46,238, up by over 26% from…
The Boeing stock price has plunged in the past few weeks, moving into a correction after falling by 11% from the year-to-date high of $242 to the current $215. It has formed the risky double-top pattern, pointing to more downside, despite major catalysts ahead.Boeing stock has key catalysts aheadBoeing, the…
The Palantir stock price has surged this year and is the best-performing company in the Nasdaq 100 Index this year. It has jumped by 395% in the last 12 months, bringing its market capitalization to over $432 billion. Palantir growth is continuingThe ongoing PLTR stock price surge has pushed its market…
The Nifty 50 Index has come under pressure this week as trade relationship between the United States and India worsened. It was trading at 25,200 rupees on Tuesday, a few points below last week’s high of 25,442. This article looks at the best and worst performing companies in this index…
The perpetual futures industry is thriving in the crypto market as investors embrace the huge leverage. It has also done well because of the recent Hyperliquid (HYPER) performance as its volume has jumped. Data shows that the perpetual futures industry had over $519 billion in volume this month. While this volume…
The XRP price has pulled back in the past few months, moving from the year-to-date high of $3.6655 on July 22nd to the current $2.8745. This pullback could be the calm before the storm before the coin rebounds in the coming weeks.XRP price technical analysis points to a strong surge The…
The crypto market attempted to rebound today, September 23, as investors bought the dip and as some new catalysts emerged. Bitcoin price remained above the important support at $112,000, while the market capitalization of all coins was stuck below the important level at $4 trillion. This article explores the top price…
The Swedish krona held steady against the US dollar after the Riksbank delivered its interest rate decision on Tuesday. The USD/SEK pair was trading at 9.34, down about 17% from the highest level in December last year.Riksbank interest rate decision The USD/SEK exchange rate continued falling on Tuesday even as the…
The Indian rupee continued its strong downward momentum, reaching its all-time low as concerns about the economy persisted. The USD/INR exchange rate soared to 88.7, up by almost 6% from its lowest level in April this year.Why the Indian rupee is plummetingThe USD/INR exchange rate has been in a strong…
Pfizer is making a bold move in the pharmaceutical world by closing in on a $7.3 billion deal to acquire Metsera, a biotech firm focused on next-generation anti-obesity drugs, news platform Financial Times reported on Monday.This acquisition underlines Pfizer’s fresh push into the booming weight-loss drug market, an area showing…