XRP whales buy $1.9 billion as price clings to $2.18 amid long-term selling
XRP is facing renewed pressure as the cryptocurrency continues to trade within a persistent downtrend, despite momentary support from large investors. At the time of writing, XRP is priced at $2.18, having dropped 0.84% in the last 24 hours.Source: CoinMarketCapWhile
Beyond tariffs: Lululemon stock’s bigger problem is growth fatigue at home
Lululemon Athletica Inc (NASDAQ: LULU) opened some 30% down on Friday after reporting in-line financials for its fiscal Q1 but leaving investors unsatisfied with the forward guidance.LULU shares are being punished this morning as the market digests clear signs of
Reddit sues Anthropic for allegedly using site’s data without consent
Social media site Reddit has filed a lawsuit against AI startup Anthropic for using the former’s site data without an agreement.Reddit shares surged after the news of the lawsuit came out. Why is Reddit suing Anthropic?In the lawsuit, which was
Citi downgrades CEG stock despite Constellation Energy’s big deal with Meta
Constellation Energy Corp (NASDAQ: CEG) fell 3% on Wednesday after analysts estimated it won’t receive a high premium for its electricity from its deal with Meta Platforms Inc (NASDAQ: META).Meta has agreed to buy about 1.1 gigawatt of energy from
Asian markets open: Kospi +1.72%, Nikkei -0.12% on US data; Sensex flat pre-RBI policy
Asia-Pacific stock markets presented a mixed picture at Thursday’s open, as investors digested a surprisingly weak private sector hiring report from the United States, which fanned concerns that ongoing trade policy uncertainty could be exerting a tangible drag on the
SPYI ETF: Is this 12% yielding JEPI rival a good fund to buy?
The NEOS S&P 500 High Income ETF (SPYI) has become one of the top “boomer candy” funds in the past few years. It has attracted over $3.8 billion in assets under management and has beaten other similar funds. This article
Citigroup to cut 3,500 technology jobs in China as part of global revamp
Citigroup Inc. is undertaking significant adjustments to its operational and policy frameworks, announcing on Thursday a plan to reduce its technology workforce in China by approximately 3,500 employees as part of a broader global effort to streamline its tech operations.
DocuSign stock price forecast ahead of earnings: buy or sell?
DocuSign stock price has done well in the past 12 months, even as the company has faced substantial challenges following the COVID-19 boom. DOCU shares have jumped by 70% in this period, giving it a market capitalization of over $18.5
Crude oil faces extended downside risks amid ample supply through year-end
There are downside risks for oil in the coming months, particularly from higher supply. However, prices could rise again from the beginning of 2026, according to experts. Eight OPEC+ nations implementing voluntary output reductions agreed over the weekend to boost oil
China’s export curbs on critical minerals raise alarms for global automakers
Automakers worldwide voiced concerns alongside US manufacturers on Tuesday regarding China’s dominance over critical minerals, Reuters reported. The companies warned that China’s export restrictions on rare earth alloys, mixtures, and magnets risk causing significant production delays and shutdowns unless swift remedies
Goldman Sach’s GPIQ ETF is beating JPMorgan’s JEPQ: Is it a buy?
The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is trouncing the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) in terms of total return, the most important metric in ETF analysis.Data shows that the GPIQ ETF has had a total return
China plans major Airbus deal before EU leaders’ visit, report says
China is in advanced discussions to place a major order for Airbus SE aircraft, with a deal potentially timed to coincide with a high-level diplomatic visit from European leaders next month, Bloomberg reported citing people familiar with the matter.Officials are
Singapore’s cross-border interconnections set to unlock 25 GW of new renewable capacity, says Rystad
Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily involves utilising subsea cables to establish links between national grids, thus facilitating electricity trading across borders, Rystad Energy said in a
European markets open: Stoxx 600 turns lower amid tariff jitters; German DAX, UK FTSE -0.1%
European stock markets experienced a reversal in early trading on Tuesday, with the pan-European Stoxx 600 index turning lower after an initially positive start. The renewed caution among investors was largely attributed to the resurfacing specter of US tariffs, following
Vietnam firms to sign $2B deal for US agricultural products
The Vietnamese Agriculture Ministry announced on Tuesday that domestic companies plan to sign memorandums of understanding with US partners to purchase $2 billion in American agricultural goods, according to a Reuters report. This initiative is aimed at advancing a new trade