Synapse (SYN) has emerged as one of the cryptocurrency market’s biggest gainers today after posting a dramatic rally that pushed the token to levels not seen in months. At the time of writing, SYN was trading around $0.1213 after gaining more than 108% over a period of 24 hours. Notably, the surge caps off an
AMD shares moved higher in trading on Thursday after fresh analyst upgrades and reports of a potential manufacturing partnership with Samsung. New initiatives in artificial intelligence and quantum computing also reinforced optimism around the chipmaker’s long-term growth prospects. The stock gained 3.5% at the time of writing. Investor sentiment also benefited from reports that Samsung
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of $162. So, will the stock continue its bearish trajectory or stage a comeback? Reasons why the Palantir stock has slumped There are three main reasons
SpaceX (SPCX) shares may have tumbled in recent sessions, but Oppenheimer remains convinced that the space infrastructure and AI giant is poised for significant upside as the year unfolds. In a research note this morning, analyst Timothy Horan touted SPCX’s recent acquisition of Cursor – an artificial intelligence coding firm – which he believes could
Nvidia stock (NVDA) moved higher on Thursday, recovering some ground after two consecutive losing sessions. Shares of the chipmaker rose 2% to $209.09 in early trading. Despite recent volatility, Nvidia stock remains up 9.8% year to date through Wednesday’s close and has gained 41% over the past 12 months. That performance, however, has lagged the
QuantumScape (QS) shares are ripping higher on June 18th as investors react to a major new OEM partnership. The solid-state battery pioneer announced a multi-year joint research agreement with Honda R&D to co-develop next-gen lithium-metal battery platform architectures and manufacturing processes. And while QuantumScape stock is already up some 15% following the announcement, a solid
Gold rose on Thursday as traders moved back into bullion after a sharp sell-off, helped by weaker oil prices and a calmer inflation backdrop following the release of a US-Iran interim agreement. Spot prices climbed more than 1%, reversing part of Wednesday’s decline, as crude fell on hopes that energy flows through the Strait of
The US dollar remained close to a more than two-month high on Thursday as markets continued to price in the possibility of further monetary tightening from the Federal Reserve, despite an interim agreement between the United States and Iran that eased some geopolitical concerns. The Federal Reserve kept interest rates unchanged within a 3.50%-3.75% range.
Silver rose in Asian trade on Thursday, but the move looked more like a cautious recovery than the start of a clean breakout. XAG/USD traded near $69.15 an ounce as lower oil prices eased inflation concerns following the US-Iran interim agreement. The metal drew support from the broader precious-metals rebound, with gold also recovering after
Solana is up 8.7% over the past 7 days, supported by a series of bullish catalysts, before the rally came to a halt. According to market data, SOL rose from around $65 earlier in the week to nearly $75 before giving back part of those gains, with the token trading near $71 on Thursday as