May 19, 2025 1:59 pm
Key Moments: Bitcoin declined 0.83% on Monday, slipping below the 102,800 mark. Strategy purchased 7,390 BTC, bringing its total Bitcoin holdings to 576,230 BTC. Metaplanet bought 1,004 BTC, increasing its reserves to 7,800 BTC. Bitcoin Drops as Crypto Legislation Looms Bitcoin began the week with a modest pullback, dipping 0.83% over the past 24 hours […]
Read moreMay 19, 2025 11:03 am
Key Moments: Walmart’s shares dropped around 2% in pre-market trading after President Trump criticized its pricing strategy on social media. A Walmart representative reaffirmed the company’s dedication to maintaining competitive pricing for its customers. Treasury Secretary Scott Bessent claimed Walmart will pass along some tariff-related costs to consumers. Presidential Pressure Weighs on Walmart Walmart’s share […]
Read moreMay 19, 2025 9:27 am
Key Moments: The British pound climbed above 1.3360 on Monday, reaching its highest level in 12 days. A tentative defense contract agreement between the UK and the EU lifted market sentiments. Moody’s lowered its US credit rating to Aa1, which exerted pressure on the greenback, pushing the US Dollar Index lower by 0.67% . UK-EU […]
Read moreMay 16, 2025 2:02 pm
Key Moments: Quantum Computing reported Q1 earnings of $0.11 per share. The company’s stock jumped 21.43% after the opening bell. Investor sentiment was also bolstered by the recent finalization of the Quantum Photonic Chip Foundry in Arizona. Strong Quarterly Turnaround Friday witnessed the stock price of Quantum Computing (NASDAQ:QUBT) climbing by more than 21% to […]
Read moreMay 16, 2025 11:02 am
Key Moments: Wall Street stock futures ticked higher on Friday following the S&P 500’s fourth day of gains. This week’s US-China trade announcement continues to lift market sentiment. Wholesale prices declined 0.5% in April, supporting optimism around easing inflation. Futures Maintain Upward Momentum US stock futures advanced on Friday, building on the momentum of a […]
Read moreMay 16, 2025 8:49 am
Key Moments: West Texas Intermediate (WTI) futures hit $60.90 on Friday. Brent futures contracts slipped below the $65 mark. Crude oil prices are still on course to climb in terms of their weekly performance amid support by the US-China trade agreement that helped ease demand concerns. Trade Progress Supports Crude WTI crude oil futures fell […]
Read moreMay 16, 2025 7:35 am
Key Moments: BlackRock’s IBIT ETF reached $64.697 billion in assets on Thursday. The fund surpassed Strategy’s $59.146 billion gold ETF, signaling shifting institutional priorities Bitcoin’s price appreciated on Friday, reaching $104,006. Momentum in Crypto Markets Friday saw Bitcoin regain momentum after recent depreciation, with the cryptocurrency’s price climbing 0.21% to $104,006. This surge of interest […]
Read moreMay 15, 2025 1:31 pm
Key Moments: The US Producer Price Index declined 0.5% in April, marking its first monthly drop in over a year. Core wholesale prices (excluding food and energy) slipped 0.4% from March and rose 3.1% year-over-year. Retail sales in the US edged up 0.1% in April to $724.1 billion, slightly ahead of expectations. The US Dollar […]
Read moreMay 15, 2025 12:53 pm
Key Moments: Coinbase is set to suffer $180 million to $400 million in losses due to a recent cyberattack that affected names, addresses, and emails of customers. Pre-market share figures declined by 2.15%. Coinbase refused a $20 million ransom demand and has offered a $20 million reward for information on the perpetrators. Security Incident Sends […]
Read moreMay 15, 2025 9:08 am
Key Moments: WTI crude futures declined approximately 4% on Thursday. US crude inventories rose by a further 3.5 million barrels last week. President Trump reportedly conveyed his optimism regarding the forging of an agreement with Iran and claimed that Iranian officials have accepted the terms. Crude Futures Hit by Fears of Oversupply Thursday witnessed West […]
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