Gold prices slid more than 3%, and silver plunged over 10% on Friday as sentiment in the precious metals market soured drastically. Oil prices, on the other hand, climbed more than 2% due to rising concerns about a prolonged supply disruption in the Strait of Hormuz. Meanwhile, copper’s retreat from its record-high close continued, driven
Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record valuation milestone. The stock dropped around 4% to $226.80 in early trading after gaining roughly 20% over the previous seven sessions. Thursday’s rally alone saw Nvidia rise 4.4% to close at $235.75,
US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued momentum in artificial intelligence-linked semiconductor stocks despite persistent inflation concerns. The Dow Jones Industrial Average rose 387 points, reclaiming the 50,000 level it reached earlier this year. S&P 500 gained about 0.34%,
Grvt, a self-custodial onchain trading and wealth platform built on ZKSync, announced Thursday that it is integrating the Janus Henderson Anemoy Treasury Fund into its earn products through a partnership with Centrifuge. The move marks the company’s expansion beyond perpetuals trading into broader wealth management products tied to tokenized real-world assets. Through the integration, Grvt
Oobit, the crypto payments platform backed by stablecoin issuer Tether, has officially launched in Colombia, its ninth live market and the latest leg of a regional expansion that already spans Argentina, Chile, and Brazil. The announcement comes as the region’s crypto economy, valued at roughly $44 billion, continues to attract fintech operators betting on practical,
Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and expectations of another blockbuster earnings report later this month. The stock rose by 2.6% at the market open to cross the $231 mark after closing
Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the company’s turnaround strategy and operational changes could drive stronger sales growth and margin recovery in the coming years. The stock reached $108.88, extending a rally that has pushed shares up 28% year
Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it has now turned the corner. PLUG jumped by over 12% on Monday and continued the rally by over 6% to $3.73. It remains 108% above the lowest point this year. Plug Power
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was trading at $65.45 on Tuesday, inside the narrow range where it has remained at since April 17 this year. Still, the AFRM stock has formed a highly bullish pattern as Bank of
European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU ETS). The reform, designed to give companies more time to decarbonise, includes changes to benchmark values that determine the free allocation of carbon allowances. According to Norman Liebke, FX and commodity analyst