March 18, 2025 1:36 pm
Key moments Fueled by strong economic data, the 10-year US Treasury yield reached a three-week peak of 4.33%. Data reveals strong economic momentum, highlighted by residential construction, retail sales, and import prices that have outperformed expectations. Rising consumer inflation expectations and tariff threats influence market anticipation of the Federal Reserve’s upcoming decision. US Treasury Yields […]
Read moreMarch 18, 2025 12:41 pm
Key moments The USD/JPY has surged towards the 150.00 mark on Tuesday, rising by around 0.30%. The Bank of Japan’s forthcoming two-day meeting is under close scrutiny from market participants, who anticipate possible further interest rate increases throughout the year. The U.S. Dollar’s recent rebound from a multi-month low has given additional momentum to the […]
Read moreMarch 18, 2025 10:17 am
Key moments Tesla’s shares slid 4.8% on Monday, extending the electric vehicle maker’s period of market difficulty. Mizuho Securities analyst Vijay Rakesh drastically reduced Tesla’s full-year delivery forecast to 1.8 million. JPMorgan’s Ryan Brinkman also lowered delivery expectations, anticipating fourth-quarter figures to not exceed 355,000. Additionally, Brinkman lowered Tesla’s stock price target by $10. Tesla’s […]
Read moreMarch 18, 2025 7:47 am
Key moments Baidu’s stock experienced a significant surge, closing with a 9.8% gain on Monday. The company unveiled two new advanced AI models, ERNIE 4.5 and ERNIE X1. Baidu’s X1 model is positioned as a cost-effective alternative to rival AI models, boasting comparable performance at a reduced price. Baidu’s AI Advancements Fuel Stock Market Rise […]
Read moreMarch 17, 2025 3:05 pm
Key moments Ethereum gained a modest amount on Monday, reaching $1,904. The cryptocurrency was unable to reach $2,000 as 21Shares made the decision to pull the plug on the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Ethereum’s struggle to breach the $2,000 mark is compounded by a combination of weak on-chain activity and ETF […]
Read moreMarch 17, 2025 2:29 pm
Key moments WHP Global proposes to acquire Guess, Inc. for $13 per share in cash, representing a 34% premium over the previous closing price. Guess, Inc. establishes a special committee to assess the acquisition offer, acknowledging the uncertainty of a finalized agreement. Guess, Inc. stock experiences a significant surge in early trading following the acquisition […]
Read moreMarch 17, 2025 11:55 am
Key moments A one-month trial period for Tesla’s Full Self-Driving (FSD) service has begun in China, spanning from March 17 to April 16. The trial requires compatible hardware, software, and updated navigation maps, reflecting specific Chinese market adaptations. Tesla collaborates with Baidu to enhance FSD performance in China, addressing data localization challenges. Tesla Launches FSD […]
Read moreMarch 17, 2025 9:27 am
Key moments The formation of a bearish pennant on Cardano’s ADA chart points to potential for additional losses, possibly falling below $0.710. On-chain data reveals a decrease in ADA holdings by large wallet addresses, signaling distribution by major holders. Cardano’s decentralized finance (DeFi) ecosystem demonstrates lower total value locked (TVL) compared to leading blockchain platforms. […]
Read moreMarch 14, 2025 3:14 pm
Key moments U.S. natural gas futures fell 2.14% on Friday. Revised weather projections predicting milder temperatures across the Lower 48 states led to a substantial reduction in heating degree day (HDD) estimates. Natural gas storage levels remain below the five-year average, providing some support against a more dramatic price collapse. U.S. Natural Gas Futures’ Price […]
Read moreMarch 14, 2025 2:31 pm
Key moments SMMT stock rose 4.01% to nearly $20 on Friday. Investor confidence was bolstered by Evercore ISI’s “outperform” rating ($30 price target) as well as the “buy” rating given by HC Wainwright. The company’s valuation has skyrocketed 300% in the past year, attracting significant institutional investment. Summit Therapeutics’ Stock Rally Continues Summit Therapeutics Inc. […]
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