Gold price has remained in a tight range in the past two months as American investors and the Turkish central bank continued selling. It was trading at $4,676 on Friday, down substantially from the year-to-date high of $5,602.Turkish Central Bank is dumping goldOne of the top reasons why the gold…
XRP price has pulled back in the past few months and constantly remains in a technical bear market as demand from investors continues falling. Ripple token was trading at $1.3115 on Friday, down by over 60% from its all-time high of $3.6. This consolidation continued despite the major progress that…
Shares of Lumentum Holdings extended their strong run on Wednesday, climbing as much as 11.7% intraday as investor enthusiasm around artificial intelligence infrastructure continued to build.The stock was trading at $766.85, up 9.1% at the time of writing, putting it on track for its largest percentage gain since March 24,…
Wall Street ended higher on Wednesday, extending a two-day rally as investors grew increasingly optimistic that the US-Iran conflict could be nearing an end. Gains were led by technology heavyweights, while oil prices declined sharply, reflecting easing concerns over supply disruptions.The S&P 500 rose 0.72%, while the Nasdaq Composite climbed…
RH (NYSE: RH) tanked 19.29% on Apr. 1 after the luxury home furnishings retailer posted disappointing Q4 earnings and issued muted guidance for the current quarter.In its press release, the company said its gross margin contracted by 180-basis-points to 42.9% due to tariff-related costs and adverse weather conditions toward the…
Asian markets opened on the back foot on Thursday, as investors across the region absorbed the fallout from Donald Trump’s overnight address.In his address to the American people, the US President vowed to hit Iran “extremely hard” in the coming two to three weeks, remarks that infused a fresh bout…
The Hang Seng Index slipped by over 3% in the first quarter as the Iran war jolted the stock market. It has dropped into a correction after falling by over 10% from its highest point this year. This performance mirrors the performance of other global indices like the S&P 500…
European equity futures dropped sharply on Thursday after US President Donald Trump warned of severe military action against Iran, reviving fears of a prolonged Middle East conflict and sending oil prices to their highest levels in months.The moves came as energy markets were already reeling from strikes launched by the…
Bernard Arnault’s net worth is cratering this year as the LVMH stock price implodes. It has already dropped by over $52 billion to the current $156 billion, making him the 7th richest person on earth after Elon Musk, Larry Page, Sergey Brin, Jeff Bezos, Mark Zuckerberg, and Larry Ellison.LVMH stock…
Shell and BP shares are in a strong bull market and are trading at their all-time highs as Donald Trump’s war against Iran continues, pushing crude oil and natural gas prices higher. BP and Shell shares have pumped to a record highBP soared to a record high of 607p on Thursday,…