March 5, 2025 11:34 am
Key moments Oil prices declined for a third consecutive session, with Brent futures falling 0.63% to $70.59 a barrel. OPEC’s intentions to increase daily output by 138,000 barrels from April will unwind daily cuts of nearly 6 million barrels. US West Texas Intermediate crude also experienced a notable decline of 74 cents, sliding 1.08% to […]
Read moreMarch 5, 2025 10:42 am
Key moments The Hang Seng Index in Hong Kong experienced a significant increase, advancing by 1.65% to close at 23,320 points. The Shanghai Stock Exchange Composite Index showed moderate growth, increasing by 0.3%. CK Hutchison’s shares saw a dramatic surge, jumping over 21% to HK$46.85. Stock Prices Surge Across Asian Markets Hong Kong’s Hang Seng […]
Read moreMarch 5, 2025 10:21 am
Key moments The USD/CAD exchange rate has dropped below 1.4400. New tariffs enacted by the U.S. administration have generated worries about potential economic deceleration, leading to shifts in investor behavior. Inconsistent messaging from U.S. officials regarding tariff policies contributed to increased market volatility and a weakened U.S. Dollar. Trade Disputes Shake USD/CAD The dynamic interplay […]
Read moreMarch 5, 2025 8:36 am
Key moments SMCI shares experienced a significant increase yesterday, rising by 8.5% to close at $39.14, recovering from the previous day’s decline. The company’s stock has demonstrated substantial growth in 2025, gaining approximately 30% so far. Intraday trading saw SMCI stock reach a peak increase of 12.6% as investors seek to capitalize on the prior […]
Read moreMarch 5, 2025 8:14 am
Key moments $22 million worth of Bitcoin, held in wallets untouched since 2011, has been transferred. The movement of these old Bitcoin holdings has raised concerns about potential sell-offs, adding to market uncertainty amid existing macroeconomic pressures. While the recent transfer involved a substantial amount, it didn’t qualify as “whale” activity, and the identities of […]
Read moreMarch 5, 2025 7:06 am
Key moments GitLab stock saw a significant surge in value on Tuesday, closing at $62.80. GitLab reported strong Q4 2025 earnings, surpassing revenue and EPS expectations, but its full-year 2026 profit forecast fell short of analyst estimates. Despite the lowered full-year profit guidance, GitLab’s shares rose significantly, demonstrating investor confidence in the company’s growth potential […]
Read moreMarch 4, 2025 3:42 pm
Key moments Cardano’s price has once again fallen below $1, at one point reaching $0.81. This sudden price decrease followed a period of intense market activity propelled by an announcement made by U.S. President Donald Trump, who outlined plans to include ADA, alongside other major cryptocurrencies, in a strategic crypto reserve. The broader cryptocurrency market […]
Read moreMarch 4, 2025 2:26 pm
Key moments Ottawa implements a 25% tariff on a substantial $20 billion worth of U.S. imports, effective immediately. China reveals plans to introduce 10% to 15% import taxes on a range of American agricultural products. Both moves were a direct response to U.S. President Donald Trump’s own tariffs on Chinese, Mexican, and Canadian imports. Fears […]
Read moreMarch 4, 2025 2:22 pm
Key moments Target’s adjusted earnings for the quarter ending February 3 reached $2.41 per share. The company projects comparable sales to remain relatively stable in 2025, with earnings estimated between $8.80 and $9.80 per share. Target’s group revenues were $30.92 billion for a 3% decline, slightly surpassing the analyst predictions of $30.82 billion. Target Saw […]
Read moreMarch 4, 2025 1:34 pm
Key moments Discussions are underway for a potential buyout deal with prices ranging from $11.30 to $11.40 per share. Walgreens stock experienced a 6.6% increase in premarket trading, reaching $10.94. Walgreens share prices have decreased in half over the past 12 months. Walgreens’ Stock Has Suffered Annual Decline of 51% Walgreens Boots Alliance is nearing […]
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