The USD/CHF exchange rate has remained in a narrow range in the past few months as investors watched trade relations between Switzerland and the United States. It has remained inside the support of 0.7865 and the resistance at 0.8152. So, what’s next for the Swiss franc? Franc steady after the US and Switzerland deal The
CoreWeave stock price has been in a strong downtrend in the past few months, leading to a $52 billion wipeout as its market cap dropped from $88 billion in June to $35 billion. It has dropped from the year-to-date high of $187.16 to $71.30. So, will it rebound as insiders sell? CoreWeave stock at risk
Blue Owl stock price has been in a freefall and is lagging other top companies in the industry like Apollo, Blackstone, and Ares. OWL has plunged from the year-to-date high of $25.52 to $14.45, while its market cap has dropped from $40 billion to $22 billion today. Blue Owl stock is facing major headwinds Blue
Palladium price remains range-bound with limited upside potential compared to its substitute; platinum. In the short term, it is finding support in the easing of the US dollar rebound and steady safe-haven appeal. Besides, increasing bets on a dovish Fed during its December meeting are a bullish driver. Palladium price forecast points to curbed upside
Fresh signs of resilience in the US labor market have curbed GLD gold price gains even as the persistent uncertainties offer steady support to the precious metal. At the time of writing, the bullion was trading at $4,163 an ounce amid heightened bets for a 25 basis point rate cut by the Fed in December.
Crypto prices are rising today, with Bitcoin and most altcoins being in the green. Bitcoin surged above $91,000, continuing the recent uptrend that started last week when it bottomed at $80,000. Other top tokens like Chainlink (LINK), Ripple (XRP), and Merlin Chain (MERL) are also rising. Why Merlin Chain, Chainlink, and XRP are rising Merlin
The FTSE 100 Index rose by nearly 1% as UK bond yields plunged, as the market reacted to the latest budget reading by Rachel Reeves. The index, which tracks the biggest UK companies, rose for the second consecutive day, reaching a high of £9,690, its highest level since November 17. FTSE 100 Index and Sterling
The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p on Thursday, down by 35% from the year-to-date high. Flutter Entertainment faces a £500 million headwind Flutter, the parent company of Fanduel, Sky Betting, Paddy
Zscaler stock price erased the gains made in the regular session after the company published strong results and a mild forward estimate. It initially rose by 3.35% on Tuesday to $290 and then retreated by over 7% to $266.90 in the extended hours. It settled to the lowest point in September. Zscaler’s reported strong results
UK bank stocks popped by over 3% on Tuesday as investors waited for the upcoming Rachel Reeves budget reading and as traders anticipated more returns. Lloyds share price jumped by 3.78% to 90.69p, up from this week’s low of 85.86. It has jumped by over 80% from its lowest level this year. Barclays stock price