The Japanese yen crashed to an important level that triggered a massive Bank of Japan (BoJ) intervention in April. The USD/JPY exchange rate rose to the crucial resistance at 160, its highest point since April 30th this year, and 3.40% from its lowest point in May.Japanese yen slumps despite strong…
The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate was trading at 95.2900, down modestly from the year-to-date high of 96.90.Goldman Sachs turns bullish of the Indian rupeeAnalysts at…
As the race to build ever more powerful artificial intelligence systems accelerates, one of the industry’s leading players is urging the world to consider a possibility that until recently belonged largely to science fiction: machines improving themselves without human intervention.Anthropic, the AI company behind Claude, said on Thursday that the…
The countdown to SpaceX’s long-awaited stock market debut is entering its final days.Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to take another company public, which is already larger, more ambitious, and arguably far more controversial from a valuation standpoint.Tesla’s IPO raised…
SpaceX is just days away from making stock market history.Elon Musk’s rocket, satellite, and artificial intelligence company is expected to begin trading on Nasdaq on June 12 after pricing its initial public offering the day before. With a targeted fundraise of $75 billion and a valuation approaching $1.8 trillion, the…
Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55. Crude oil price in a tight range as US-Iran talks stallThe energy market is…
Top cryptocurrencies rebounded on Sunday following a major crash over the past few days, as the US published strong non-farm payrolls (NFP) data. Humanity Protocol (H) token rose for three consecutive days, reaching a high of $0.7055, up by 30% from its lowest point this month. Its 24-hour volume rose…
Ethereum (ETH) price stabilized a bit on Sunday, rising to $1,600 from the Saturday low of $1,512. It remains 34% from its highest point in May, and 67% below its all-time high. It has also formed an inverted cup-and-handle pattern, pointing to more downside.Ethereum price technical analysis points to more…
Shares of Coinbase Global COIN moved lower on Friday after Baird reiterated its Neutral rating on the cryptocurrency exchange operator but lowered its price target, warning that weak trading activity could continue to weigh on the business.Coinbase stock fell nearly 7% in trading to around $152.The shares have struggled throughout…
Shares of DocuSign Inc. DOCU moved lower on Friday after the electronic signature and agreement management software provider offered guidance that left investors looking for stronger signs of accelerating growth.DocuSign stock fell 6% in trading, extending a three-session losing streak and putting the shares down more than 12% for the…