The Nvidia stock price has crashed in the past few weeks as investors remain concerned about the artificial intelligence industry after last week’s Oracle and Broadcom earnings. NVDA dropped to $175, down sharply from the year-to-date high of $211, meaning it has erased over $750 billion in value.Why the Nvidia…
Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue to weigh on the market. Brent oil edged lower to find support at the crucial support level of $60 as at the time of writing. At the same time,…
A crypto crash is happening today, with Bitcoin and top altcoins like Dogecoin (DOGE), Pi Network (PI), Cardano (ADA), Aster (ASTER), and Ondo (ONDO) falling by over 5%. The market cap of all tokens dropped by over 4% in the last 24 hours to $2.93 trillion. This article explores why…
Ford stock price held steady at its highest since 2022 after the company admitted that its electric vehicle bet had backfired. It was trading at $13.65, up by nearly 70% from its lowest level in April this year, bringing its market capitalization to over $54 billion.Ford’s EV bet has backfired There…
The Nikkei 225 Index dropped by 1.30% on Monday as traders waited for the upcoming Bank of Japan (BoJ) interest rate decision. It also dropped as Japan tech companies dropped amid AI jitters and as bond yields rose. It was trading at ¥50,207, down from the year-to-date high of ¥52,635.Nikkei…
Alphabet Inc. is poised to record another substantial paper gain following a new SpaceX tender offer that sharply lifts the private company’s implied valuation. The transaction, which prices insider shares well above previous secondary sales, is expected to raise the carrying value of Alphabet’s long-held stake in Elon Musk’s rocket…
The IAG share price had a strong performance in 2025, continuing a trend that began in 2024, when it was one of the best-performing companies in the FTSE 100 Index. It jumped by ~40% this year, pushing its market capitalization to over £18 billion. IAG stock outperformed other top airlines this…
South Africa’s efforts to expand satellite internet access, with Starlink at the centre of the debate, are facing mounting political resistance. Lawmakers are pushing back against a proposed shift in telecom ownership rules that could allow foreign satellite providers to operate without local equity participation, reports Bloomberg. The dispute has…
iRobot, the maker of the Roomba robotic vacuum cleaner, filed for Chapter 11 bankruptcy protection on Sunday, marking a dramatic reversal for a company that once defined the consumer robotics industry. The filing clears the way for iRobot to go private under a deal with Picea Robotics, its primary manufacturer,…
The Fresnillo share price has jumped by ~380% this year, making it the best-performing company in the FTSE 100 Index. It has done better than the Footsie and other companies in the index. For example, Airtel Africa, the second-best performer, has jumped by 170% this year.Fresnillo share price chart |…