Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000 region. The decline comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing an extended period of capital outflows, while liquidations across the crypto market have surged to their highest
Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector. Market sentiment was boosted by Alphabet’s plans to raise funds for AI infrastructure, Nvidia CEO Jensen Huang’s prediction that Marvell could become the “next trillion-dollar company,” and Anthropic’s recent IPO filing. The
Shares of Nvidia (NVDA) were surging on Monday morning in contrast to the broader market. The stock was soaring around 4% as the broader indices were under pressure in early trading. The move comes as Nvidia is stepping up its challenge to Intel and Advanced Micro Devices in the artificial intelligence hardware market, unveiling a
Sui faced a sharp technical disruption on May 28, 2026, when the network stopped producing blocks for nearly six hours. The incident came shortly after a protocol upgrade, with reports pointing to a bug in the Sui 1.72 release that triggered a validator consensus failure. During the outage, transaction processing across the blockchain came to
Shares of Salesforce (CRM) gained 2% ahead of the company’s first-quarter earnings report on Wednesday afternoon. Investors are looking for signs that the software giant can stabilize growth and address mounting concerns over how artificial intelligence could reshape the enterprise software industry. The stock has fallen roughly 34% over the past year even as the
India’s rupee is under mounting pressure as oil prices stay elevated, with ING Economics ’ Deepali Bhargava warning that weak capital inflows, rather than the current account deficit, are driving the sharp depreciation. Policymakers have shielded consumers with subsidies, but the strain has shifted to the currency. India’s resilience to the latest oil shock is
Asia’s smaller companies have delivered stronger returns than the region’s large-cap stocks over the past five years, while also offering lower volatility and broader sector exposure, according to HSBC Asset Management. The firm said Asia small-cap stocks outperformed their large-cap counterparts by nearly 3% annualised at the index level over the period. The gains came
President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe it is weak and will leave Iran better off and be a loss to the United States. Top Trump allies blast US-Iran deal In a Truth Social post, Trump said that details of the deal to
Silicon Valley is heading toward what could become one of the most consequential listing waves in modern market history, with artificial intelligence heavyweights SpaceX, OpenAI, and Anthropic preparing to enter public markets at valuations that could redraw the hierarchy of global corporations. After several subdued years for technology listings, the expected debuts of the three
Workday (NASDAQ: WDAY) stock price surged by over 10% in the pre-market session as investors bought the dip following its better-than-estimated results. It rose to $136, modestly higher than the year-to-date low of $110. Workday stock is soaring after earnings report WDAY stock has been under pressure in the past few years, moving from a