US stocks have tanked sharply in recent weeks amidst concerns that higher tariffs under the Trump administration could lead to a global trade war.Additionally, markets are worried that President Trump’s policies could also lead to a recession.In total, the S&P 500 has lost nearly 10% since February 19, leaving investors…
The price of natural gas currently sits at record levels amidst confidence the commodity will continue to drive strong demand from AI data centres.On Tuesday, the vice president of Microsoft’s energy business, Bobby Hollis, said the titan was willing to use natural gas with carbon capture technology to power its…
The cryptocurrency industry stabilised on Wednesday morning as some investors moved in and bought the dip. Banana Gun (BANANA) rose by over 42% to $15.7, bringing the seven day gains to 10%. Onyxcoin (XCN) token jumped by 17.15% to $0.01352, while Hedera Hashgraph (HBAR) jumped by 7% to $0.20. Other…
Canadian stocks and the loonie slipped this week as trade tensions with the US rose and as the market waited for the upcoming Bank of Canada (BoC) decisions. The TSX Composite Index crashed to C$24,248, its lowest level since November 5 last year. Similarly, the USD/CAD exchange rate rose to…
The Invesco QQQ ETF, which tracks the Nasdaq 100 index, has crashed this year and moved into a correction after falling by over 12.8% from its highest level this year. It plunged to a low of $471, its lowest level since September last year. This article explores the two main…
Global market volatility and geopolitical uncertainty have intensified amid President Donald Trump’s return to the White House, with economists warning that the US could be heading for a recession.During an interview on Fox News’ “Sunday Morning Futures,” Trump declined to rule out a downturn, stating, “I hate to predict things…
Elon Musk’s leadership across multiple businesses faced intense scrutiny on Monday after X, formerly Twitter, experienced multiple outages, Tesla stock plummeted 15.4% in a single trading session, and his government role under the Trump administration sparked controversy. As millions of users struggled to access X, Musk blamed a “massive cyberattack”…
Reddit stock price has crashed in the past few months. RDDT shares have crashed from the all-time high of $230 in February to a low of $107.30, its lowest level since October last year. This crash has brought its market cap from over $41 billion in February to the current…
Wheels Up Experience (UP) stock price crashed to a record low of $1 on Monday as investors waited for its quarterly financial results. The UP share price has crashed by 35% this year, lagging behind other companies in Wall Street. This drop has brought its market cap to about $746…
The cryptocurrency market continues to face sharp declines, with its total market cap dropping to $2.44 trillion on Tuesday—the lowest since early November. A significant factor adding to investor concerns is the recent movement of Bitcoin from Mt. Gox, the defunct exchange that collapsed over a decade ago.The platform transferred…