London’s FTSE 100 index moved higher on Thursday, supported by a rebound in financial stocks, although gains remained constrained by ongoing tensions in the Middle East and growing investor concerns over rising corporate spending on artificial intelligence. The blue-chip FTSE 100 climbed 0.6% to 10,316.05 points by 0917 GMT. Meanwhile, the mid-cap FTSE 250 remained
Plug Power stock has slumped sharply in the past few days, moving from a high of $4.33 on June 2nd to the current $2.91. It has slumped to its lowest point since April 20th, with the market capitalization falling from over $5.7 billion to $4 billion today. So, will this hydrogen giant rebound or fall
SAP stock (NYSE: SAP) fell in Thursday’s pre-market trading as investors reacted to a spending shock from rival Oracle, not to any fresh bad news from SAP itself. Oracle shares dropped about 9% after its earnings call, while SAP slid more than 3% in early US trading. The trigger was Oracle earnings where the company
PYTH is one of the best performers in the market, up 14% in the last 24 hours. The positive performance comes after Pyth Network unveiled Pyth Indices, a 24/7 market data platform designed to price virtually any asset in real time. The technical indicators are also in the positive zone, suggesting that PYTH could extend
Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally
Bitget has launched Universal Cup, a global football-themed community campaign that invites users to compete for a share of a 250,000 USDT prize pool through an interactive mini-game inspired by one of the biggest sporting events this year. Built around the “Don’t Just Watch. Rule the Game,” Universal Cup transforms spectators into participants through a
Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President
Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating
The Aster token price has been through a rough few weeks. After trading as high as $0.784 not long ago, ASTER shed a significant portion of its value before finding a floor at around $0.588 on June 6th. Since then, the token has recovered to around $0.6291, a gain of roughly 7% from the bottom,
Gold prices continued to slump on Wednesday as a fresh escalation in tensions in the Middle East dampened sentiments in the market. Oil rebounded from sharp losses on Tuesday as prices jumped more than 2% after both the US and Iran traded military strikes overnight. Meanwhile, both copper and aluminium contracts on the London Metal