US employers added far more jobs than expected in January, delivering a rare upside surprise after months of subdued hiring and easing fears that the labor market was sliding into a prolonged slowdown. Payrolls rose by 130,000 last month, significantly above economists’ expectations, while the unemployment rate edged down to 4.3%, according to government data
Bitcoin, Ether, and XRP are all in the red as the broader cryptocurrency market shed billions in market cap over the last 24 hours. The bearish performance has spread to other leading cryptocurrencies, with Stellar (XLM) down by nearly 2%. XLM is trading below $0.1600 at the time of writing on Wednesday, extending its correction
Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment. Gold prices climbed back over $5,100 per ounce, while silver rose more than 4% as investors digested key employment data from the US. Meanwhile, oil prices also jumped more than 2%, with Brent hitting $70 per barrel
US equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow Jones Industrial Average rose 207 points, or about 0.4%. The S&P 500 gained 0.6%, while the Nasdaq Composite advanced 0.8%, as investors responded positively to
Reddit stock (NYSE: RDDT) is once again drawing attention on Wall Street. After spending much of last year under a cloud of doubt over growth and monetisation, the social platform is seeing sentiment turn. This time, the shift is being driven less by hype and more by something investors care deeply about: clear signs that
HYPE, the native coin of the Hyperliquid DEX, has lost 18% of its value since hitting its yearly high of $38 last week. It has now dropped below $30 and could record further losses as the broader market continues to underperform. The derivatives data further support this bearish sentiment, with rising short bets while funding
Coca-Cola shares fell on Tuesday after the beverage giant reported quarterly revenue growth that came in below analysts’ expectations, overshadowing a modest earnings beat and early signs of stabilising demand in key markets. The company reported adjusted earnings of 58 cents per share for the fourth quarter, ahead of Wall Street estimates of 56 cents.
Jupiter (JUP), the governance token for the leading Solana-based decentralized exchange aggregator, has dropped to below $0.15 as it continues its downward spiral. As the broader cryptocurrency market heaves under fresh pressure, JUP slid 5% to revisit recent lows reached on February 5, 2026. JUP traded to these levels last week, and the retreat seen
Workday stock price has slipped into a technical bear market, moving from a record high of $310 in 2024 to the current $155. It is hovering at its lowest level since 2024, and has become a bargain as investors dump software companies. Workday stock has crashed amid software jitters Workday is a top software company
CVS Health delivered a stronger-than-expected fourth quarter, beating Wall Street estimates on both earnings and revenue as the company presses ahead with a multi-year turnaround. The results underline a period of stabilisation after a challenging 2024, with management reaffirming long-term profit and revenue targets despite policy changes and pricing pressure across the healthcare sector. Investors