The crypto market has wavered in the past few days, with Bitcoin falling to $83,000 and the market capitalization of all tokens dropping to $2.8 trillion. Despite this, some top tokens like Starknet (STRK), Celestia (TIA), and Aerodrome Finance (AERO) are soaring. Starknet price prediction Starknet token has gone parabolic recently, reaching a high of
Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about the artificial intelligence boom. So, will the stock continue falling or bounce back as some of its portfolio companies flop? Top Nvidia-backed companies are flopping
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its lowest level this month, and this recovery may continue as the Middle East erupts. Houthi and Saudi Arabia crisis escalates Crude oil prices reacted mildly
Coherent (COHR) stock has wavered since mid-August, in step with the consolidation among leading companies in the artificial intelligence industry. Shares were trading at $309.60 on Friday, about 30% below their high for the year. Even so, the company could benefit from strong demand for its optical solutions, particularly after Lumentum said it was sold
Snowflake stock SNOW rose 6% on Friday after the company introduced Agentic Marketplace Discovery in public preview, expanding its tools for AI-driven workflows as software stocks continued to rebound. The feature allows users to find and compare relevant listings on Snowflake’s Marketplace by querying the company’s AI tool, CoCo. It is available directly through the
Oil prices fell as US President Donald Trump signalled a pause in potential strikes against Iran before next month’s midterm elections, easing concerns about supply disruptions. Treasury yields remained elevated after a volatile week, while gold held above $4,100 an ounce ahead of key US inflation data. Meanwhile, Apple shares fell after a report said
US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover amid elevated Treasury yields, volatile oil prices, and concerns about artificial intelligence valuations. The Dow Jones Industrial Average gained 423 points, while investors looked ahead to third-quarter earnings and upcoming inflation data. The Dow rose
SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down by nearly 80% from its all-time high, a sign that Nvidia’s investment has flopped. Investors are aggressively betting against SoundHound stock SOUN stock has plunged
AI investment is adding another layer of pressure to US borrowing costs, as technology companies raise more debt to finance infrastructure, and expectations of future productivity gains influence long-term interest rates. ING, in its October 1 report, estimates that artificial intelligence accounts for about 20% of the forces influencing long-dated rates, with productivity expectations representing
SpaceX chief Elon Musk’s years-long effort to bring its satellite internet service Starlink to India took a dramatic turn this week. Musk, whose company competes with Ambani’s Reliance Jio and Eutelsat’s OneWeb in India’s satellite communications market, on Thursday took to X, the social media platform he owns, to challenge the delay in Starlink’s commercial