March 4, 2025 12:46 pm
Key moments The euro experienced a 0.10% increase yesterday, trading at 82.53 pence, recovering from a recent low of 82.40 pence. The pound sterling demonstrated a 0.30% gain against the U.S. dollar, reaching $1.2614. The British currency currently trades at 82.74 pence against the euro, showing a 0.20% increase at the time of publication. Pound […]
Read moreMarch 4, 2025 10:24 am
Key moments Robyn Denholm recently sold another 112,390 shares of Tesla stock through Merril Lynch. The company’s stock experienced a 2.84% decrease on Monday, impacted by a wider tech sector sell-off. Morgan Stanley analyst predicts Tesla shares could reach $430 through diversification into artificial intelligence and robotics. Denholm Has Disposed of Over $100 Million in […]
Read moreMarch 4, 2025 9:44 am
Key moments Ethereum’s value has plummeted below $2,100, hitting a low of $2,003. A 14% Sunday surge, driven by potential U.S. reserve inclusion, was quickly reversed by a 15% Monday decline. Global trade tensions, particularly U.S. tariff policies, and “whale” liquidations contributed significantly to Ethereum’s price decline. Crypto Market Whiplash: Ethereum Drops Under $2,100 Despite […]
Read moreMarch 4, 2025 9:33 am
Key moments SHIB has experienced substantial price fluctuations, mirroring the wider cryptocurrency market’s volatility, with a notable decline in recent weeks. A significant SHIB transaction involving nearly 174.6 billion tokens, deposited into a Coinbase hot wallet, has raised questions about the holder’s motives. The timing and nature of the whale’s activity, including a potential loss, […]
Read moreMarch 4, 2025 8:43 am
Key moments India’s Nifty 50 index concluded its tenth consecutive trading session with losses, reflecting a period of sustained market downturn. Over these ten sessions, the Nifty 50 experienced a decline of approximately 4%, dropping 16% from its September peak. Companies from the IT, pharmaceutical, and automotive sectors suffered the most significant price reductions. Nifty […]
Read moreMarch 4, 2025 7:52 am
Key moments Geopolitical tensions and trade uncertainties are driving increased demand for gold as a safe-haven asset. Tariffs and potential trade wars could lead to higher inflation, which may support gold prices. The Fed’s response to potential inflation, including interest rate decisions, will significantly impact gold’s performance. Gold Price Climbs on Dollar Weakness and Trade […]
Read moreMarch 4, 2025 7:36 am
Key moments Market Indices Decline: Major European market indices, including the FTSE 100, DAX, CAC, and FTSE MIB, are projected to open significantly lower. Investor Concerns: The prospect of tariffs has triggered concerns among investors about reigniting inflation and escalating global trade tensions. Retaliatory Measures: China has announced retaliatory tariffs on U.S. goods and export […]
Read moreFebruary 28, 2025 2:12 pm
Disney Represents 1.2% of VELA’s Portfolio with $4.34 Million Holdings VELA Investment Management’s strategic realignment involved a 18.2% reduction of its investment in the Walt Disney Company (NYSE:DIS) during Q4 2024, as evidenced by a recent 13F filing with the Securities and Exchange Commission (SEC). This adjustment resulted in the firm holding 38,929 shares of […]
Read moreFebruary 28, 2025 1:16 pm
Key moments Ethereum fell 7.80% to $2,125.4, echoing a broader market slump and emphasizing the erratic nature of the cryptocurrency sector. This drop is part of a larger decline, with Ethereum losing approximately 50% of its value since December. The market’s reaction to security breaches, trade tariffs, and macroeconomic uncertainties has led to a period […]
Read moreFebruary 28, 2025 12:36 pm
Key moments Rightmove reported a 7% increase in revenue, reaching £389.9 million, driven by strategic growth areas. Underlying operating profit saw a 4% rise, totaling £9.3 million, despite one-off charges. The company’s stock value increased by 3.26%, closing at 664.2 pence in the previous trading session. Rightmove Reported 7% Surge with £389.9 Million in Revenue […]
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