Business

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Business

MDA Space stock has suffered a harsh reversal: is it a buy now?

The MDA Space stock price slumped by 10% on Tuesday, moving from a low of $28.40, its lowest level since March 5. It has dropped by 13% from its highest point this year, giving it a market capitalization of over $3.7 billion. MDA Space stock slipped after a key update on NASA The MDA share

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Business

Bitcoin, gold correlation hits 3-year low, signalling end of bear market

For the first time in three years, the correlation between Bitcoin and gold has dropped to nearly -0.9. This is a dramatic decoupling, showing that Bitcoin and gold have been moving in opposite directions recently. While gold has weakened, Bitcoin has held strong around $70,000, signalling a potential shift in market dynamics. Historically, such extreme

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Business

NVIDIA stock at risk as technicals and fundamentals collide

NVIDIA stock price has slumped this year, and the situation may worsen in the coming weeks after it dropped to a crucial support level. NVDA fell to a low of $172 on Monday, down by 17.65% from its highest point in 2025. There are signs that its technicals and fundamentals have collided this year. NVIDIA

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Business

Dow Jones slips 300 points as Iran tensions, oil surge weigh on US stocks

US stocks opened lower on Tuesday as renewed uncertainty over the Middle East conflict dampened momentum from the previous session’s rally. Investors grew cautious despite US President Donald Trump’s decision to delay military strikes on Iran, with conflicting signals around diplomatic progress keeping markets on edge. Markets slip as geopolitical uncertainty returns The S&P 500

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Business

Jefferies stock jumps on SMFG takeover report

Shares of Jefferies Financial Group surged on Tuesday after reports suggested Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring a potential takeover of the US investment bank, even as conflicting signals emerged over the likelihood of a deal. Takeover report lifts Jefferies shares Jefferies stock rose as much as 14% in premarket trading following a

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Business

Oobit unveils business platform for running company finances on stablecoins

Oobit has launched Oobit Business, a new platform that enables companies to run corporate finance operations directly from stablecoin balances. The milestone marks the latest move for the Tether-backed crypto payments app in its effort to integrate stablecoins with day-to-day spending and now in running company operations. It also strategically coincides with the growing adoption

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Business

VOO ETF gains $51B, eyes $1 trillion as SPY and IVV lose billions

A major rotation is happening among exchange-traded funds tracking the S&P 500 Index. The Vanguard S&P 500 Index (VOO) has continued soaring, while the other large funds are shedding billions of dollars in assets. VOO ETF inflows are soaring this year  Data compiled by ETF shows that investors are piling into the popular Vanguard S&P

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Business

US stocks rise as Trump delays Iran strikes, Dow Jones gain 600 points

US stocks opened higher on Monday, after President Donald Trump signaled a potential de-escalation in tensions with Iran by postponing planned military strikes on key energy infrastructure. The Dow Jones Industrial Average index jumped as much as 653 points, or 1.4%, while S&P 500 rose 1.3% and Nasdaq-100 gained 1.5%. The rebound came after a

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Business

Will the S&P 500 Index and VOO stock rebound or crash further?

The S&P 500 Index and the VOO ETF have slumped this month as the war in Iran has gained momentum. It dropped to $6,500 on Friday, its lowest level since September 10 last year. It has slumped by ~7% from the year-to-date high. JPMorgan warns on the S&P 500 Index  As the S&P 500 Index

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Business

Commodity wrap: oil crashes as Trump backtracks on Iran threat; gold down

The commodities market has been experiencing a rollercoaster ride at the beginning of the week with oil prices reversing course and plunging sharply, while gold hit its lowest level since November 25 of last year.  Oil prices fell over 13% Monday after US President Donald Trump postponed potential military strikes against Iranian power plants for

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