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EUR/GBP Up 0.11%, UK Borrowing Reaches £10.7bn

March 21, 2025 2:16 pm
Key moments The EUR/GBP exchange rate saw a slight increase, rising by 0.11% to 0.8378. The Bank of England’s recent decisions have significantly influenced the pound’s movements. UK government borrowing rose to £10.7 billion in February, marking a £100 million increase compared to February 2024. Euro Gains Against Pound Amidst Economic Uncertainty On Friday, the […] Read more

ADA Trading Volume Jumps to $1B Amidst Price Stagnation and Whale Caution

March 21, 2025 9:56 am
Key moments Cardano (ADA) experiences a surge in 24-hour trading volume, reaching $1 billion, despite minimal price fluctuations. The Average Directional Index (ADX) for ADA remains below 20, indicating a lack of clear market trend and ongoing consolidation. A decline in Cardano whale addresses to their lowest level since July 2024 reflects cautious sentiment among […] Read more

Rigetti Stock Plummets 9.24% to $8.99, Nvidia Quantum Day Fails to Ignite Optimism

March 21, 2025 9:32 am
Key moments Rigetti Computing’s stock declined by 9.24% to $8.99 on Thursday. A further 4.34% decrease occurred during pre-market hours. Despite Nvidia’s Quantum Day event, during which Nvidia CEO Jensen Huang apologized for a statement made in January that sparked a bearing sentiment, Rigetti’s stock did not recover. Market Sentiment Drives Rigetti Stock Down 9.24% […] Read more

Hanwha Aerospace Stock Plummets Following a $2.5B Capital Raise Announcement

March 21, 2025 7:05 am
Key moments Hanwha Aerospace announces a substantial share sale plan to raise 3.6 trillion won ($2.5 billion), triggering a significant stock price decline. The company outlines plans for extensive overseas investments, including plant construction and strategic stake acquisitions, with a target revenue of 70 trillion won by 2035. Financial analysts and regulators express concerns regarding […] Read more

XRP Soars as Ripple Settles SEC Lawsuit, Future Growth Anticipated

March 20, 2025 1:01 pm
Key moments Ripple concludes its legal dispute with the SEC, resulting in the dismissal of all charges, sparking immediate market optimism. XRP experiences a notable price surge of $2.55 and increased trading volume following the legal resolution, indicating renewed investor confidence. Analysts predict significant future growth for XRP, with potential price targets reaching several dollars, […] Read more

TSMC Denies Intel Foundry Acquisition Talks, Intel Stock Dives 7% to $24

March 20, 2025 12:01 pm
Key moments Intel’s stock fell roughly 7% to $24 on Wednesday. Figures observed during Thursday’s pre-market hours indicate further downturns. A likely factor behind the price drop was the dismissal of rumors suggesting that TSMC would acquire Intel’s struggling foundry business. Intel Stock Drops Amid Foundry Division Uncertainty Intel Corporation (NASDAQ: INTC) experienced a significant […] Read more

AUD Weakens as Job Data Shocks Market, RBA Speculation Grows

March 20, 2025 10:43 am
Key moments Australia reports a significant and unexpected drop in employment figures for February, contrasting with market expectations. Following the employment data’s release, the market began to speculate more strongly about a possible May interest rate reduction by the RBA. Despite the immediate market reaction, economists suggest that underlying labor market fundamentals remain strong, and […] Read more

Ford Accelerates AI Integration to Compete with Rapid Development Cycles

March 20, 2025 8:44 am
Key moments Ford is accelerating its AI adoption to shorten vehicle development cycles and enhance competitiveness. The company is exploring the use of AI agents and diverse AI models, including those from DeepSeek, to automate design and engineering processes. Ford is preparing its data centers for the next generation of Nvidia GPUs to support its […] Read more

AI Deal Fuels Wipro Stock, Shares Rise 3.50% on Nvidia Partnership

March 19, 2025 2:57 pm
Key moments On Wednesday, Wipro Limited’s stock rose by 3.50% on the NYSE. Investors reacted positively to Wipro’s announcement of its joint venture with Nvidia for the development of AI services. Transparency is a key factor behind the AI partnership’s goals. Wipro’s Share Price Jumped 3.50% on Wednesday News of Wipro Limited’s collaboration with Nvidia […] Read more

Bitcoin Climbs Past $84,200, ARK Investment Management CEO Cathie Wood Remains Confident in Bitcoin’s Potential

March 19, 2025 2:09 pm
Key moments Bitcoin rebounded past $84,200 after a Tuesday dip towards $81,000. The Federal Reserve’s upcoming interest rate decision is generating market anticipation as Bitcoin’s price has been historically sensitive to such announcements. ARK Investment Management CEO Cathie Wood predicts Bitcoin could reach $1.5 million by 2030. Bitcoin Surges Amid Fed Meeting Anticipation Bitcoin has […] Read more