The S&P 500 Index continued its strong downward trend last week, reaching its lowest level since December 17 last year. It ended the week at $6,740, down substantially from the year-to-date high of $7,000. Let’s explore some of the top catalysts for the SPY, IVV, and VOO ETFs this week. US inflation report A key
While Ether and Solana are in the green, some leading altcoins have been underperforming. Cosmos Hub (ATOM) is down 1.3% and now trades at $1.7350 per coin. The bearish performance comes as ATOM extends its correction for the second consecutive week amid persistent selling pressure. Furthermore, weakening on-chain and derivatives data support a bearish outlook.
Oil prices pulled back from the highs hit earlier on Monday on reports claiming that the Group of Seven will discuss the possible release of emergency oil reserves. Finance ministers from the G7 are scheduled to meet on Monday to discuss the potential release of emergency oil reserves. This discussion is in response to the
Nasdaq is moving deeper into blockchain-based finance through a partnership with crypto exchange Kraken aimed at developing infrastructure for tokenized stock trading. The initiative reflects growing interest among global exchanges in combining traditional equity markets with decentralised networks. The exchange operator announced that it plans to support tokenized equities while preserving issuer control and regulatory
The cryptocurrency market has been volatile over the past few days due to the ongoing crisis between the US-Israel and Iran. However, PI, the native coin of the Pi Network, is defying market conditions and has been rallying over the past few days. The coin is currently up nearly 5% in the last 24 hours,
A few months ago, the removal of Venezuela’s president looked like an isolated shock.Then came pressure on Greenland. Now there’s a war in the Middle East — and the next chapter already appears to be forming. Taken together, the pieces suggest something larger is underway. The United States seems to be redrawing parts of the
Telehealth platforms are becoming a gateway for access to blockbuster weight loss medicines. That shift became clearer on Monday after Novo Nordisk dropped its patent infringement lawsuit against digital health provider Hims & Hers. The Danish pharmaceutical company has instead agreed to allow Hims to distribute its branded semaglutide drugs through its telehealth platform. The
Lockheed Martin stock price has gone vertical since 2024 and is now hovering near its all-time high. LMT was trading at $671 on Friday, down slightly from the all-time high of $692. It remains about 66% from its lowest point in 2025, and this trend may continue as demand continues rising. Lockheed Martin to benefit
Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company focused on accumulating the digital asset. The Reform UK leader now holds a 6.31% stake through his media vehicle Thorn In The Side, according to a release issued Monday. The move links
With conflict escalating in the Middle East Gulf, the crucial Strait of Hormuz has effectively shut down, immediately halting the transit of oil and casting deep uncertainty over the fate of roughly 16 million barrels per day (bpd) of crude exports from the region. As flows through this vital chokepoint grind to a standstill, the