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WTI Nears $66 Amid OPEC+ Production Concerns

March 6, 2025 12:07 pm
Key moments OPEC+ announces a production increase of 138,000 barrels per day, the first rise since 2022. U.S. crude oil stockpiles increase by 3.614 million barrels, exceeding market expectations. WTI crude oil price extends its losing streak, approaching $66 per barrel. OPEC+ Production Hike Triggers Market Downturn West Texas Intermediate (WTI) crude oil prices have […] Read more

ONDO Gained 13.9% to $1.12 as TVL Milestone and Mastercard Partnership Fuel Rally

March 6, 2025 10:14 am
Key moments Ondo Finance (ONDO) has seen a 13.9% price surge in 24 hours, reversing previous monthly declines and indicating a strong shift in market sentiment. Ondo Finance’s Total Value Locked (TVL) hit an all-time high of $1 billion, reflecting growing investor confidence and substantial capital inflows. Increased whale netflow and a drop in exchange […] Read more

Australia 200 Plunges, Energy Sector Hits Multi-Year Lows

March 6, 2025 9:46 am
Key moments Australia 200 experiences its eleventh decline in fourteen sessions, despite positive global market cues. Energy sector reaches its lowest level since January 2022, driven by multiple negative factors. Financial sector approaches February lows, while technology sector remains the sole positive performer. Domestic Market Diverges from Global Optimism, Energy Sector Under Pressure The Australia […] Read more

Gold Holds Firm Around $2,900 Mark, Trade Fears and Fed Rate Cut Bets Drive Stability

March 6, 2025 9:43 am
Key moments While Gold’s value fell from its Thursday peak of over $2,926, the precious metal continues to hover around $2,900. President Trump’s imposition of tariffs on major trading partners has fueled anxieties about a potential global trade war, prompting investors to seek the stability of gold. Market speculation regarding upcoming Fed interest rate cuts […] Read more

Moderna Wins Key Patent Case, Shares Jump Almost 16% to $35.21

March 6, 2025 7:57 am
Key moments Moderna’s stock experienced a substantial increase during Wednesday’s trading session. Moderna achieved a victory in a patent infringement case decided by a German court. The legal dispute centered on intellectual property related to Moderna’s most successful product. Moderna Gains Big on Court Ruling, Rivals Pfizer and BioNTech Face Damages Moderna’s stock price soared […] Read more

Alibaba Stock Jumps 7.6% to 140 HKD After Challenging DeepSeek with Leaner Model

March 6, 2025 7:14 am
Key moments Alibaba’s stock experienced a significant jump following the unveiling of its QwQ-32B AI model. The “leaner” nature of Alibaba’s new AI model, requiring fewer parameters and less data, is a key factor attracting investor interest. Alibaba’s gains are amplified by positive market sentiment in Chinese tech stocks and supportive government policies emphasizing AI […] Read more

Auto Shares Rally During Pre-Market Hours as Trump Administration Considers Tariff Relief

March 5, 2025 2:24 pm
Key moments The Trump administration is considering tariff relief for auto imports from Canada and Mexico that comply with the USMCA trade agreement. Shares of major automakers like Ford, General Motors, Toyota, and Stellantis experienced notable increases in pre-market trading due to the potential tariff exemptions. The proposed tariff relief is contingent on automakers demonstrating […] Read more

Bitcoin Surpasses $90,000, Trade Deal Hopes Spark Crypto Rally

March 5, 2025 1:20 pm
Key moments An initial 7% gain evolved to an even higher price increase, with Bitcoin going above $90,000. Positive statements from U.S. officials regarding potential trade compromises with Canada and Mexico significantly boosted investor confidence. The total value of the cryptocurrency market surpassed $3 trillion. Bitcoin Surges Beyond $90,000 Bitcoin’s valuation has eclipsed the $90,000 […] Read more

Viant Technology Reports Strong Q4, Stock Still Dips 28.51% to $14.12

March 5, 2025 1:06 pm
Key moments Viant Technology’s revenue for Q4 reached $90.1 million, showcasing impressive double-digit growth. The company’s earnings per share were $0.15, exceeding analysts’ predictions of $0.14. Despite the positive financial results, Viant’s stock suffered a dramatic decrease, falling 28.51% to $14.12. Viant Reported 40% Revenue Growth to $90.1 Million in Q4 Viant Technology Inc. announced […] Read more