Apple shares AAPL rose 1.62% in trading on Monday ahead of the company’s Worldwide Developers Conference (WWDC). An upgraded Siri digital assistant and a broader push into artificial intelligence are expected to headline the event. The annual developer conference, held at Apple’s Cupertino, California, headquarters, comes at a pivotal moment for the technology giant as
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
The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the last 12 months. So, the question is whether the blue-chip index will continue the bull
Oil prices in May experienced extreme volatility as uncertainty about the US-Iran ceasefire kept the market on edge. Even as Brent crude prices had climbed more than $110 per barrel earlier this month, the benchmark contract could not sustain the high levels for long. Crude futures cooled in May as hopes for a US–Iran deal
DxSale, a long-running token launch and liquidity locking platform widely used during the early BNB Chain memecoin boom, has suffered a major exploit that drained an estimated $7.3 million in liquidity provider (LP) funds. The incident affected more than 1,400 liquidity pools, according to on-chain tracking shared after the incident. The pools were spread across
The red-hot Roundhill Memory ETF (DRAM) is firing on all cylinders amid the rising demand for its constituent companies. It jumped to a record high of $62 this week, up by 120% from its all-time low. This surge, together with its robust inflows, have brought its assets under management (AUM) to $12.18 billion, making it
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