Shares of Revolution Medicines surged sharply on Monday after the company reported positive results from a late-stage trial of its experimental pancreatic cancer drug, raising hopes for a potential breakthrough in one of the deadliest forms of the disease. The stock climbed 38% after the opening bell, extending gains to 69% since the start of
IREN stock price has rebounded in the past few days, moving from a low of $30 on March 30 to the current $40. It remains down by 50% from its highest point in 2025. So, will the stock continue rising as top companies like CoreWeave and Nebius extend their market share? CoreWeave and Nebius are
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran plans to reopen the Strait of Hormuz, contingent on a mandatory fee of up to $2 million per ship, payable in Chinese Renminbi or cryptocurrency.
Renowned investor Michael Burry has reaffirmed his bearish position on Palantir Technologies, even as a public endorsement from Donald Trump provided temporary support to the stock. In a Substack post published on Friday, Burry revealed that he continues to hold long-dated put options against the artificial intelligence software firm. The investor noted that he initially
World Liberty Financial (WLFI) has come under intense market pressure following a sharp selloff tied to two major developments: a controversial $75 million borrowing position backed by WLFI tokens and a governance proposal to introduce a phased token unlock for early holders. The combination of leverage concerns and potential future supply expansion has triggered a
Shares of Coherent Corp moved higher this week after the company unveiled advances in silicon carbide (SiC) epitaxy technology, reinforcing optimism around its role in powering next-generation AI data centers and industrial systems. The stock rose as much as 9% on April 10 following the announcement, with additional gains supported by broader strength in the
Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at stabilizing a fragile ceasefire. Oil prices remained volatile amid supply disruptions tied to the Strait of Hormuz, while Bitcoin surged past key resistance levels on improving risk
Shares of Marvell Technology surged on Friday, hitting its all-time high as investor enthusiasm around artificial intelligence infrastructure and optical networking gathered pace. The stock rose more than 8% to hit a new high of $129.84, and closed at $128.49, marking its first record finish since January 23, 2025, according to Dow Jones Market Data.
US stocks closed mixed on Friday, with the Dow Jones Industrial Average and S&P 500 ending lower while the Nasdaq Composite posted gains, as investors remained cautious ahead of the weekend and monitored ongoing Middle East peace negotiations. The Dow fell 269.23 points, or 0.56%, while the S&P 500 slipped 0.11%. The Nasdaq rose 0.35%
Inflows into Indian equity mutual funds surged 56% month-on-month to an eight-month high of 404.5 billion rupees ($4.36 billion) in March, as retail investors continued to pour money into equities even as uncertainties centring around the Iran war weighed on sentiment, data from the Association of Mutual Funds in India showed on Friday. As the