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Aluminum Climbs Past $2,710, China Prepares Tariff Retaliation

March 12, 2025 10:44 am
Key moments Aluminum futures rose to $2,710 on Wednesday. The surge followed a brief drop to $2,690. U.S. trade disputes continue to escalate, with China announcing retaliation plans. Aluminum Surges As Trade Tensions Continue Wednesday saw aluminum futures surge, breaching $2,710. This increase occurred amidst a confluence of factors, notably the tightening of supply from […] Read more

Blackstone Stock Hits $138 Amid Market Swings

March 12, 2025 9:35 am
Key moments Blackstone’s stock reached the $138 mark. Tuesday’s $140 peak was short-lived, but pre-market figures stand at roughly $139 at press time. The company is moving forward with reacquiring Trans Maldivian Airways. Blackstone Shares Shares Retreat to $138 Blackstone’s stock experienced a notable downturn on Tuesday, with shares settling at around $138, a price […] Read more

Bitcoin Recedes Below $82,000 Threshold Following Brief Surge

March 12, 2025 7:49 am
Key moments Bitcoin’s value jumped by 7.5% on Wednesday, reaching $82,910 temporarily. Despite the short-lived rise, Bitcoin’s price returned below $82,000, failing to maintain upward momentum. Selling pressure is intensifying as short-term holders liquidate their holdings at a loss. Bitcoin’s Price Falls Back Below $82,000 Amid Ongoing Instability The cryptocurrency landscape remains turbulent as Bitcoin’s […] Read more

ASX 200 Dips to 7,871.0 Amid US Market Concerns

March 11, 2025 2:11 pm
Key moments The ASX 200 experiences a 1.2% drop in morning trading, reversing gains from the previous day, influenced by substantial overnight losses in US markets. Technology stocks within the ASX demonstrate a more severe decline, with the S&P/ASX All Technology Index falling by 2.8%. Growing fears of a potential recession in the US, coupled […] Read more

Ethereum Struggles to Regain Momentum, Price Slips Below $1,900

March 11, 2025 1:04 pm
Key moments A rapid 12% drop sent Ethereum’s price plummeting to $1,755 on Tuesday. Though it has since climbed back to around $1,890 and $1,900, Ethereum could not reach the $2,000 threshold. Heavy liquidations, exceeding $240 million in a single day, intensified Ethereum’s price decline. Concerns Over U.S. Recession Have Compounded Ethereum’s Recent Challenges A […] Read more

$TRUMP Coin Past $10.50: Project Sees $350M+ Profit, Sparks Concerns

March 11, 2025 10:05 am
Key moments The $TRUMP memecoin project linked to Donald Trump reportedly generated at least $350 million within three weeks of its launch. A substantial portion of the revenue remains in a liquidity pool, supporting the coin’s value, with Trump-linked accounts holding a significant number of tokens. Discrepancies in token distribution and pricing raise questions about […] Read more

WTI Oil Up, Trading Around $65.90, Amid Tariff Headwinds

March 11, 2025 9:22 am
Key moments WTI crude oil price experiences a modest increase, reaching approximately $65.90 per barrel, following previous session losses. Concerns regarding potential economic slowdown due to US tariffs and retaliatory measures from trading partners create market uncertainty. Economic indicators from China, a major oil importer, signal deflationary pressures, impacting global oil demand forecasts. Global Trade […] Read more

Tesla Shares Tumble: 15% Decline Marks 5-Year Low

March 11, 2025 8:17 am
Key moments Tesla stock experiences a 15% drop, the most significant single-day decline since September 2020. The market capitalization of Tesla decreases by approximately $130 billion, with Elon Musk’s personal wealth diminishing by $29 billion. Seven-week consecutive decline for Tesla stock, marking the longest losing streak since its 2010 Nasdaq debut. Market Reacts to Tesla’s […] Read more

Asian Markets Tumble Amid Economic Anxieties, Nikkei Falls Under 37,000

March 11, 2025 8:05 am
Key moments Tuesday saw Asian markets gripped by apprehension, resulting in a widespread index decline. Japan’s Nikkei 225 suffered a notable drop, plunging below 37,000 and briefly breaching 36,000. Other regional indices also declined: South Korea’s Kospi fell 1.19%, Hong Kong’s Hang Seng dropped by 0.75%, Mainland China’s CSI 300 experienced a 0.66% drop, and […] Read more

Draganfly Sees 2.2% Pre-Market Jump on Tampa Expansion

March 10, 2025 2:32 pm
Key moments Drone Technology Company Opens New US Location in Tampa, Florida. Strategic Positioning Near Military and Government Clients with Testing Facility. Expansion Aligns with Growth Strategy in Government and Industrial Sectors. Draganfly stock saw a 2% pre-market rise, fueled by the opening of its new Tampa facility, strategically positioned for key U.S. client access […] Read more