The honeymoon period for IBM’s spin-off – Kyndryl Holdings (NYSE: KD) – has officially ended in a fiery wreckage of investor confidence.Once marketed as the agile “vendor-agnostic” future of IT infrastructure, the company’s stock was gutted on February 9, crashing more than 50% in a single session.This wasn’t just a…
The KOSPI Composite Index continued its strong bull run after crossing the key milestone at KRW 5,000. It jumped to a record high of KRW 5,380 this month, meaning that it has soared by 132% from its 2025 low, making it one of the best-performing indices globally.This article explores why…
The cryptocurrency market has endured a white-knuckle ride in early 2026, punctuated by a rather dramatic correction that saw Bitcoin plunge to a staggering low of about $60,000 on February 5th.This “flash crash” was triggered by a perfect storm of collapsing leverage, a temporary cooling of the AI-crypto narrative, and…
Gold prices drifted lower in Asian trade on Tuesday, snapping a two-day positive streak for the precious metal. Experts believe that the market lacked strong follow-through selling, and demand from central banks has created a floor for the prices. Even though gold prices fell on Tuesday, the yellow metal remained above the…
Global markets and corporate developments delivered a mixed set of signals on Tuesday, as investors weighed political shifts in Asia, trade disputes involving major manufacturers, diplomatic tensions between China and the United Kingdom, and leadership changes at a prominent electric-vehicle maker. Asian equities climb as Japan rally lifts regional marketsAsian…
Ocado share price has become one of the worst-performing companies in the UK in the past few years. After peaking at 2,900p in January 2021 to the current 230p, a trend that may continue in the coming years as concerns about its business accelerate.Still, technical analysis suggests that the stock…
Coca-Cola HBC AG said profit momentum carried into its latest guidance. The bottler forecasts further growth in organic operating profit as demand for non-alcoholic drinks remains steady across its European and African markets amid ongoing shifts in regional consumer spending patterns.The company expects organic operating profit to grow between 7%…
Lower-income families in the UK could wait more than a century to see their living standards double if current trends persist, according to new research that highlights the scale of income stagnation and its social consequences.The Resolution Foundation said it would take around 137 years for working-age households in the…
Crypto stocks, including digital asset treasury (DAT), exchanges, and miners, have plunged this year as Bitcoin and most altcoins imploded. Bitcoin price plunged to $60,000, while most altcoins fell to their multi-year lows. This article explores some of the top crypto stocks to watch this week.Coinbase stock in focus ahead…
Applied Materials stock price has rebounded in the past two consecutive days, moving from a low of $288 on February 4 to the current $322. It is approaching the all-time high of $345 as traders watch for the upcoming financial results.Applied Materials stock is benefiting from the AI boomAMAT is…