SpaceX SPCX shares gained 1.4% on Friday as investors weighed the rapid expansion of its Starlink satellite network, upcoming share unlocks and the company’s significant capital spending requirements. The stock had fallen 3% on Wednesday and declined 4.1% on Thursday as another 319 million shares held by employees, early investors and other insiders became eligible
Nvidia (NVDA) stock is in focus on Friday after BMO Capital Markets said the chipmaker remains a “top pick” for those seeking exposure to the global artificial intelligence (AI) buildouts. Analyst Harsh Kumar announced an Outperform rating and $340 price target on the semiconductor behemoth heading into its fiscal Q2 earnings set to be
On Friday, Samsung Electronics outlined a potential record shareholder payout as AI-memory demand boosts cash generation. Bitcoin extended its strongest weekly rally in more than two years. Oil prices climbed as fresh US sanctions threats against Iran raised concerns about further supply disruptions. Gold also surged to a more than three-month high as Treasury buybacks
The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower
Bitcoin surged above $76,000 on Friday, extending a powerful rebound as signs of returning institutional and spot demand began to replace the short squeeze that initially drove prices higher. Bitcoin traded around $76,478 during the European morning, building on a rally that accelerated after the US Treasury expanded long-dated bond buybacks and Washington delivered fresh
A crypto rally is happening this week, with top tokens like XRP, Dogecoin, Cardano, and Pepe going up by over 10% in the last seven days. XRP price rose for three consecutive days, reaching a high of $1.3433, its highest level since May 30th and by 31% above its lowest level this month. Dogecoin (DOGE)
Ethereum continued its strong rally Friday as institutional inflows, renewed derivatives activity, and whale accumulation supported prices following a historic wave of short liquidations. ETH has climbed approximately 25% since Wednesday, pushing above several major technical indicators and bringing the $2,431 resistance level into focus. Ethereum’s rally comes as Bitcoin added 21% to its value
Hyperliquid’s HYPE token has gained 19.6% over the past 24 hours to trade near $70.44 on Aug. 20, after briefly pushing above $72 during a sharp rally triggered by fresh signs of a possible regulated US entry. CoinGecko data showed HYPE had risen from a close to $58 over the previous 24 hours, with most
Oil prices held close to four-week highs on Thursday as traders weighed persistent disruption around the Strait of Hormuz against a surprise build in US crude inventories, leaving Brent above $91 a barrel and WTI near $86. Brent crude futures were around $91.87 in early trade, while front-month WTI was near $85.81. Both benchmarks had
Ethereum has rallied 17.7% over the past 24 hours to $2,249.80, with more than $1 billion in ETH short positions liquidated as falling US Treasury yields and fresh regulatory developments drove traders back into crypto. CoinGecko data showed ETH climbing from below $1,950 on Aug. 19 to an intraday peak near $2,300 before settling close