Top 2 reasons why the Nikkei 225 Index is crashing today
The Nikkei 225 Index dropped for three consecutive days, reaching a low of ¥60,910, its lowest level since May 7 this year. It has pulled back from this month’s high…
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Crypto crash: why are Bitcoin Cash, LUNC, Pi Network, WLFI going down?
A crypto crash is happening today, May 18, with Bitcoin leading the charge, amid rising liquidations and bond yields. Bitcoin price dropped to $76,500, its lowest level in three weeks.…
Scottish Mortgage shares: set to surge ahead of Anthropic, SpaceX IPOs
Scottish Mortgage Investment Trust share price has been in a strong bull run this year, and this rally may gain momentum in the coming months, helped by some of its…
Top catalysts for the FTSE 100 Index this week
The FTSE 100 Index has retreated sharply in the past few weeks and underperformed its global peers like the S&P 500, Nasdaq 100, and Kospi. It ended last week at…
Gold price drops as bond yields rise and Goldman Sachs flags key catalyst
Gold price continued its strong downward trend on Monday, reaching its lowest level since March 30th. It was trading at $4,545, down by nearly 20% from its highest point this…
ServiceNow stock flashes a death cross amid rising SaaSpocalypse concerns
ServiceNow stock price has tumbled in the past few months, erasing billions of dollars in value as the market capitalization has dropped from $233 billion to $98 billion. NOW has…
Dow slips as Treasury yields, oil prices keep Wall Street cautious
US stocks opened cautiously on Monday as investors monitored rising Treasury yields, elevated oil prices, and ongoing tensions in the Middle East following a volatile end to last week’s record-setting…
UnitedHealth slips after Berkshire exits stake even as analysts see rebound ahead
Shares of UnitedHealth Group (UNH) fell over 2% on Monday after Berkshire Hathaway disclosed that it had exited its entire position in the health insurer during the first quarter, ending…
Europe’s AI future at risk as soaring power costs push data centers abroad
Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere,…