The S&P 500 index continued its uptrend this week and hovered near its all-time high after the Federal Reserve left interest rates unchanged and as the earnings season continued. According to FactSet, 62% of all companies in the S&P 500 index have already published their results. Its biggest constituents like…
Coinbase stock price will be in the spotlight next week as the blue-chip crypto exchange publishes its fourth quarter earnings that will cap its best year on record. COIN has remained in a tight range this year as Bitcoin and most altcoins retreated. It ended the week at $275, down…
Airbnb stock price has price has remained in a tight range in the past three months as concerns about its business remained. It was trading at $135 on Friday, down by over 20% from its highest swing in 2024. So, what next for the ABNB share price ahead of its…
The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade war. The USD/CNY exchange rate rose to 7.2877, its highest level since January 21. So, what next for the Chinese yuan? China economic slowdown The USD/CNY exchange rate rose slightly…
The USD/JPY exchange rate dropped for five consecutive days, reaching a low of 151.42 on Friday, its lowest level since December 11. It has dropped by over 4.7% from its highest level this year as traders focus on the Federal Reserve and Bank of Japan actions. So, what next for…
The Nikkei 225 index, which includes the biggest Japanese stocks, has remained under pressure this year as the Japanese yen and government bond yields rose. The index retreated to a low of ¥38,400, down 5.40% from its highest level this year. So, what’s next for the index ahead of key…
e.l.f. Beauty Inc (NYSE: ELF) says a “consumer hangover” following a strong holiday season contributed to weaker sales trends in January, which made it lower its full-year sales guidance on Thursday. The cosmetics specialist now expects up to $1.31 billion in sales versus analysts at $1.34 billion. Nonetheless, Tarang Amin…
The Near Foundation unveiled a $20 million accelerator fund to enrich AI Agents’ growth within its ecosystem. The development comes weeks after the team expanded the platform’s AI agent sector with features that boost utility and user experience. The Foundation will release the liquid fund on-chain in the coming months…
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since May 2020, when the central bank had lowered rates to mitigate the economic impact of…
Citi analyst Paul Lejuez is not entirely convinced that Nike Inc (NYSE: NKE) can deliver a much-anticipated turnaround under the leadership of its new chief executive Elliott Hill – at least in the near term. Lejuez downgraded Nike stock this morning to “neutral” and lowered his price target on the…