XRP price prediction: why it could crash despite the good Ripple news
The XRP price has pulled back in the past few weeks, and technicals point to a deep dive if it loses a crucial support level. Ripple dived from the year-to-date high of $3.40 to the current $2.2. This crash has
Uber stock price is on the verge of a breakout amid tariff tailwinds
Uber stock price has held steady near its all-time high as investors predict that it will not be affected by Donald Trump’s Liberation Day tariff. It was trading at $72.75, down by 16% from its highest point in 2024. So,
FCC is investigating Disney and ABC for DEI initiatives
The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC, the agency that regulates the media and telecommunications industry, said in a
Trump commutes sentence of Ozy Media founder Carlos Watson
President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for a multi-million-dollar scheme that included falsely claiming the start-up had deals with Google and Oprah Winfrey, a senior White House official said. Watson
Taiwan probes 11 Chinese firms, alleges SMIC poached engineers
Taiwan’s Ministry of Justice Investigation Bureau (MJIB) has accused China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), of illegally hiring Taiwanese semiconductor professionals. The allegations form part of a broader investigation into 11 Chinese enterprises suspected of poaching talent from
Why did activist investor Elliott build a short position in Shell stock?
Shell PLC (NYSE: SHEL) is in focus this morning after activist investor Elliott Investment Management announced a sizable short position in the British oil major.Elliott has built an £850 million ($1.1 billion) position against the company based out of London,
TSMC stock under pressure from tariff concerns, but analysts stay bullish
Taiwan Semiconductor Manufacturing Co. (TSMC) has faced a difficult year, with its stock declining 15% amid growing concerns over potential US tariffs on semiconductor imports and its substantial investment in the United States. The chipmaker, a key supplier for companies
Beyond car stocks: Donald Trump’s tariffs threaten global auto supply chains
US President Donald Trump’s plan to impose tariffs on imported vehicles is sending shockwaves far beyond the Detroit auto industry. The policy is adding to investment risk and is set to hit global supply chains connected to the vast automotive
Elon Musk says his companies are ‘suffering’ due to White House involvement
The post Elon Musk says his companies are 'suffering' due to White House involvement appeared first on Invezz
Here’s why Nifty 50 index could surge despite rising risks
The Nifty 50 index has bounced back this week even as the Indian rupee surged and the risks to the economy rose. The index soared to a high of ₹23,778, its highest swing since January and higher than the year-to-date
Will the crashing IndusInd Bank share price recover?
IndusInd Bank share price has imploded this year, making it the worst-performing company in the Nifty 50 index. It has plunged in the last five consecutive weeks, reaching a low of ₹645, its lowest level since November 2020, and 62%
USD/MXN forecast ahead of Trump Liberation Day tariffs
The USD/MXN exchange rate drifted upwards this week after Donald Trump ratcheted up his trade war rhetoric and after the Banxico slashed interest rates for the second consecutive meeting. It rose to a high of 20.30, up from this month’s
Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite. Subscribers to Robinhood Gold pay $5 a month or $50
Trump signs executive order to end collective bargaining at agencies involved with national security
President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law. The order, signed without public fanfare and announced late Thursday, appears
Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted a survey earlier this month that found that consumers are spending
Dell stock plunges 47% from peak: can AI growth spark a comeback?
Shares of Dell Technologies have fallen 47% from their peak of $179.70, raising concerns among investors. Despite this sharp decline, the company’s fundamentals remain intact, with earnings growing at a compound annual growth rate (CAGR) of 10% since fiscal 2021.While
Stoxx 50 index forms bullish pattern ahead of Trump Liberation Day
The Stoxx 50 index has pulled back from its all-time high ahead of Donald Trump’s Liberation Day tariffs. The index, which tracks the biggest European companies, retreated to €5,375 this week, down by 3.5% from its highest level this month.
DAX index stable despite tariffs: is it a good buy today?
The DAX index has stalled this month as investors watch the rising tensions between Europe and the United States. The index, which tracks the biggest companies in Germany, peaked at €23,470 this month and then retreated to a low of