WTI and Brent crude oil prices crashed on Hyperliquid after President Donald Trump announced that the US and Iran had reached an agreement to reopen the Strait of Hormuz. The West Texas Intermediate plunged to $89, while Brent, the global benchmark, plunged to $93. Trump announces deal to reopen Strait of…
The S&P 500 Index remains in a bull market and is trading at a record high, driven by numerous catalysts: strong corporate earnings and investors moving past the Iran war, mirroring their response to the Ukraine war. It ended last week at $7,473, and continued the uptrend on RWA platforms like…
Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%. Near Protocol price jumps amid AI hypeNEAR crypto token has been…
Shares of Nvidia (NVDA) continued to drift lower Friday following the company’s blockbuster earnings report, but the muted reaction has also made the stock appear increasingly attractive to analysts.Nvidia shares fell around 1.2% to $216.26 in early trading after dropping 1.8% Thursday in the session immediately following earnings.The decline came…
Plug Power stock price jumped by over 14% on Thurday, paring back some of the losses made in the past two weeks. It jumped to $3.78, a few points below the year-to-date high of $4.10. This rally happened as Bloom Energy boosted sentiment in the industry.Plug Power stock jumped as…
Shares of Qualcomm (QCOM) Incorporated surged 12% after Stellantis announced a major expansion of its multi-year technology partnership with the chipmaker.The move will enhance Qualcomm’s role in next-generation connected and autonomous vehicles.The expanded agreement will integrate Qualcomm’s Snapdragon Digital Chassis system-on-chips across Stellantis’ future vehicle lineup, covering cockpit systems, connectivity,…
Futu Holdings (FUTU) is under immense pressure on Friday following a massive, coordinated regulatory enforcement action by Chinese authorities.Investors bailed on FUTU primarily because the swift and severe clampdown struck directly at the offshore brokerage’s core cross-border business model.The market seems to be repricing the digital brokerage platform after Beijing…
Shares of Merck & Co. (MRK) rose 5% on Friday after the pharmaceutical giant reported positive developments across multiple oncology programs, reinforcing investor confidence in its efforts to extend the dominance of blockbuster cancer drug Keytruda ahead of looming patent expirations later this decade.The rally followed encouraging Phase 3 clinical…
Dell Technologies (DELL) ripped higher on Friday as a series of analyst upgrades and price target hikes fuelled intense buying momentum ahead of the firm’s Q1 earnings set to be released on May 28th. Wall Street remains convinced that DELL will report blockbuster financials for the first quarter, with revenue…
Shares of Take-Two Interactive Software (TTWO) fell on Friday despite the video game publisher reporting better-than-expected quarterly results and reaffirming the release timeline for the highly anticipated Grand Theft Auto VI.The company posted stronger-than-expected fiscal fourth-quarter net bookings and a narrower loss than analysts anticipated. However, investor sentiment weakened after…