March 12, 2025 2:15 pm
Key moments TSMC Joint Venture Proposal: TSMC reportedly approaches Nvidia, AMD, and Broadcom for a joint venture to operate Intel’s foundry division. Market Response: Intel’s stock experiences a significant 6% surge following the report, reflecting positive investor sentiment. Industry-Wide Implications: Potential joint venture signals a potential shift in domestic chip manufacturing and strategic alliances. Potential […]
Read moreMarch 12, 2025 1:13 pm
Key moments Active XRP addresses plummet from 530,000 to 123,000, indicating a sharp decline in investor participation. XRP holds above $2.00, with $2.14 acting as a crucial support level despite a 22% correction. XRP faces resistance at $2.33, while a drop below $2.14 could lead to a further decline to $1.94. Declining Investor Participation and […]
Read moreMarch 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 moreMarch 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 moreMarch 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 moreMarch 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 moreMarch 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 moreMarch 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 moreMarch 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 moreMarch 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 […]
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