Briefly – The extended stock price slump has most investors worried about their money. Though selling can be tempting, that remains a risky approach. Meanwhile, you only need a little effort to protect your savings. It’s indeed scary to invest amidst crashing stock markets. Moreover, your investment portfolio might have declined, and you might plan … Read more
The leading crypto exchange is unlikely to pause withdrawals but remains susceptible to one concerning trend. Coinbase Global saw its shares on a sharp plummet on Monday, opening 21% down from the Friday close and trading 14% lower today. The cryptocurrency spectrum struggled over the weekend, and market players often use Coinbase to gauge sentiment … Read more
Google’s parent company, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), will introduce a 20 – 1 stock split on 15 July. The split will reduce Alphabet’s price to around $115 from $2,300, but it will not change the company’s market cap. Lower prices might attract retail investors to Alphabet. Moreover, the company could generate increased liquidity via … Read more
Briefly- The past couple of weeks had Rolls-Royce shares rebounding by 20%. The rally emerged as the aviation sector witnessed recoveries. Investors wait for a new announcement by the CEO. Rolls-Royce’s share price noted modest recoveries within the past couple of weeks amid rebounds in the aviation industry. The stock trades under the LON: RR … Read more
Briefly- Shopify has weakened within the past couple of months. The firm’s market capitalization declined to $44 billion from $250 billion. The pessimistic pennant setup suggests a bearish breakout. The Shopify stock saw its price on massive bearishness within the past couple of months as investors reacted to the firm’s slow growth. It trades under … Read more
S&P 500 welcomes the new month with declines. Quantitative tightening (QT) began on 1 June. Everything depends on US Treasury. Yesterday was the initial trading day of the new month, a challenging day for investors to trade regardless of the month. Meanwhile, 1 June was trickier as the QT (quantitative tightening) program began. Consider quantitative … Read more
NRG Energy stock returned 8% YTD and 25% in May. The company announced robust earnings amidst surging energy prices. NRG stock broke a crucial resistance and targeted higher zones. NRG Energy, Inc. saw its stock forming a massive resistance that appeared challenging to overpower at $43. The share trades under NYSE: NRG ticker. Meanwhile, the … Read more
India’s crypto exchange firm, CoinDCX’s valuation has doubled to over $2.15 billion due to the recent fundraising round, which makes it among the most valuable cryptocurrency companies in the country. CoinDCX Generates $135 million CoinDCX, a cryptocurrency exchange, has become India’s largest crypto firm to finish a Series D investment round successfully. The fundraising generated … Read more
Unlike other digital currencies, Bitcoin’s mainstream acceptance is unmatched, such that top fiat currencies are linked to it in more than one way. While the adoption of Bitcoin in mainstream finance is a welcome development and a sure sign of the utility of cryptocurrencies, the negative side of this is that it has made Bitcoin … Read more
Things have been looking a bit shadowy in the cryptocurrency industry, with Bitcoin declining almost by 50% since the period of all-time high as of November 2021. Although there are precise trends that indicate a shift is in view. Bitcoin is presently on to its 12th week of the principal reduction since the all-time high, … Read more
