Shares of BlackBerry (BB) traded higher on Thursday morning after the company reported stronger-than-expected first-quarter results and raised its financial outlook for fiscal 2027. At the time of writing, BB stock was up more than 22% on the NYSE following the earnings release. The company said it achieved operating cash flow of $4.6 million in
Nvidia (NVDA) stock fell on Thursday, giving up premarket gains as investors weighed growing competition in the artificial intelligence chip market despite another wave of enthusiasm across the broader AI sector. The stock was down 1.3% at $196.76 in early trading after closing 0.5% lower in the previous session. The decline came even as memory-chip
Venice Token (VVV) remained under pressure after falling 6.2% over the past 24 hours, with bears keeping the token near the $12 level. At the time of writing, VVV traded at $12.34 after moving between an intraday low of $11.98 and a high of $13.46. Notably, today’s decline extends a broader period of weakness for
Micron Technology stock is soaring this morning after the company posted blockbuster Q3 results, featuring a nearly 350% year-over-year increase in revenue to $41.46 billion. Still, the broader semiconductor complex is not following Micron’s lead – with Intel (INTC), Advanced Micro Devices Inc, and even Nvidia failing to participate in the rally on Jun. 25.
The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days and is down by nearly 20% from its highest point this year. The Hang Seng has diverged from other global indices like the Nikkei 225 and Kospi
Silver is finding out that cheaper oil is not enough to calm a market worried about the Federal Reserve. The metal fell for a third straight session on Thursday, trading around $56.90 an ounce in Asian hours, as investors cut exposure to non-yielding assets before a key US inflation report. The move came even as
Bitcoin has fallen below the $60,000 level before recovering to around $61,000, although several macroeconomic and market pressures have kept traders cautious about the flagship cryptocurrency’s next move. According to market data, Bitcoin briefly dropped to as low as $59,060 before rebounding above $60,800 over the past 24 hours. The decline retested the same support
ING Economics has reset its gold price forecasts after a sharp correction, acknowledging that higher yields, a stronger US dollar, and weaker investor demand have eroded the bullish momentum that carried the metal earlier this year. Commodities strategist Ewa Manthey said the downgrade reflects near‑term headwinds but stressed that long‑term structural drivers remain intact. Forecasts
Oil prices fell back to levels last seen before the Iran war on Thursday, as traders bet that the worst of the Strait of Hormuz disruption may finally be easing. Brent crude slipped below $73 a barrel, while US West Texas Intermediate traded around $69. Both benchmarks hit their lowest levels since February 27, the
HYPE has rebounded to around $63.5 after a June 24 selloff dragged the token to an intraday low of $59.18, leaving it down about 11% over the past seven days despite a 2% recovery in the last 24 hours. A sharp risk-off wave swept across financial markets, amplified by institutional de-risking ahead of the highly