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EUR/USD Remains Stable at 1.08 Level, Trade Data and Central Bank Policies in Focus

March 7, 2025 9:46 am
Key moments The EUR/USD pair is sustaining gains near its four-month peak of 1.0853, which was reached on March 7th. The U.S. Dollar is experiencing weakness as Treasury yields decline, driven by growing expectations of dovish policy adjustments from the Federal Reserve. The European Central Bank implemented a 25 basis point rate cut, but President […] Read more

Broadcom Stock Up 14% in Extended Trading after $14.92 Billion Revenue Report for Q1

March 7, 2025 9:15 am
Key moments Broadcom’s stock experienced a significant rebound, climbing 14% in after-hours trading, following a 6.3% decline during the regular Thursday session. The company reported Q1 revenues totaling $14.92 billion, which exceeded the analyst projections of $14.61 billion. Revenue generated from AI-related products saw a 77% increase to $4.1 billion, fueled by strong demand for […] Read more

Indian Indices in Decline: Sensex Slides 217.51 Points, Nifty 50 Down 0.09% to 22,523

March 7, 2025 8:01 am
Key moments Indian indices opened lower this Friday morning, reversing their two-session gains, due to IT and banking declines ahead of US jobs data. Sensex fell 217.51 points (0.29%) to 74,122.58, while Nifty50 dropped 21 points (0.09%) to 22,523 in the early trading session. Kalpataru Projects International and its subsidiaries reported a surge in new […] Read more

Gold Dips 0.3% but Remains on Track for Weekly Rise

March 7, 2025 7:10 am
Key moments Gold prices, though slightly down on Friday, were set for a weekly increase due to trade policy uncertainties. President Trump’s tariff announcements and subsequent suspensions impacted gold’s price, reflecting market volatility. Investors awaited the U.S. non-farm payrolls report for further market direction, with expectations of 160,000 jobs gained. Despite Minor Pullback, Gold Holds […] Read more

Marvell Loses 16%, Drags Down Chip Sector on AI Spending Worries

March 6, 2025 2:57 pm
Key moments Marvell Technology’s stock fell 16% due to concerns about AI infrastructure spending. Marvell’s revenue forecast failed to reassure investors, despite a slight beat, raising worries about AI investment. Marvell’s decline affected other chipmakers, with Broadcom and Nvidia also experiencing stock drops. Disappointing Revenue Forecast Sent Marvell Technology Shares Tumbling 16% Marvell Technology’s shares […] Read more

Ripple Gains 4.6% to $2.62, Huge Whales Transactions Spark Potential Price Rally

March 6, 2025 2:26 pm
Key moments Over $5.37 billion in XRP moved within 24 hours, coinciding with reports of its inclusion in the U.S. crypto reserve. Whale addresses added 1.34 billion XRP, worth approximately $3.26 billion. XRP active addresses skyrocketed by 620%, and speculation of an XRP ETF approval in 2025 is growing. XRP Trading Volume Has Exploded, With […] Read more

EURJPY Gains Support as ECB Lowers Deposit Rate by 25 bps to 2.5%

March 6, 2025 2:19 pm
Key moments The European Central Bank (ECB) reduces its Deposit Facility rate by 25 basis points (bps) to 2.5%. Japanese Yen (JPY) strengthens as 10-year Japan Government bond (JGB) yields reach a 15-year high. EUR/JPY pair finds temporary support near 159.20 after intraday decline. Currency Pair Reacts to Diverging Monetary Policies and Bond Yield Movements […] Read more

Amazon Shares Gain 2.24%, Analysts See Potential in New AI Developments

March 6, 2025 1:09 pm
Key moments Evercore ISI’s Mark Mahaney named Amazon his top large-cap pick. Amazon Web Services’ AI business is experiencing rapid growth, with a multi-billion dollar revenue run rate. AI-driven automation is improving cost efficiencies in Amazon’s distribution sector. Evercore ISI Analyst believes Amazon’s Stock is Undervalued, Citing Company’s Strong Position in AI Investors are potentially […] Read more

Euro Strength Drives EUR/GBP Above 0.8380

March 6, 2025 12:38 pm
Key moments A significant upward movement characterized the EUR/GBP pair’s trading on Thursday, with a decisive breach of the 0.8380 level and a brief approach to 0.8390. The announcement of a 500 billion euro infrastructure fund, combined with the relaxation of fiscal constraints, effectively ignited widespread optimism about the Eurozone’s growth potential and helped strengthen […] Read more

Microsoft Shares Surpass $400, Announces Plans to Build AI Azure Region in Kuwait

March 6, 2025 11:05 am
Key moments Microsoft stock demonstrated strength, recovering from intraday losses with a notable rally on Wednesday. Microsoft announced a partnership with the Kuwaiti government to establish an AI-powered Azure Region. The partnership aims to provide advanced cloud services, attract global businesses, and launch a skilling initiative to equip Kuwait’s workforce with AI and cybersecurity skills. […] Read more