Workday stock price has slipped into a technical bear market, moving from a record high of $310 in 2024 to the current $155. It is hovering at its lowest level since 2024, and has become a bargain as investors dump software companies. Workday stock has crashed amid software jitters Workday is a top software company
Pump.fun (PUMP) has lost 4% of its value on Tuesday as the broader cryptocurrency market has underperformed since the start of the week. The launchpad token remains at risk of further downward movement as 10 billion PUMP will unlock on Tuesday. Furthermore, retail interest has been declining, another factor that contributes to PUMP’s bearish trend.
Brazil is reviewing a trade deal announced between the United States and Argentina last week, citing suspicions that the agreement would violate South American trade bloc Mercosur’s rules, three sources familiar with the matter told Reuters. Brazilian diplomats are reviewing the document released by Washington on Friday to determine the scope of the deal. The deal
US stocks moved higher on Tuesday, with the Dow Jones Industrial Average setting another all-time high, as investors digested weaker-than-expected retail sales data and looked ahead to key labor market and inflation reports later in the week. The Dow Jones Industrial Average rose 239 points, or about 0.5%, extending its recent run of record highs.
Novo Nordisk’s Denmark-listed shares climbed more than 7%, while the stock gained close to 6% in US premarket trading after telehealth company Hims & Hers said it would stop offering its newly launched oral obesity pill copycat following regulatory scrutiny. Hims & Hers, by contrast, fell nearly 20% in premarket trading. Additionally, Novo Nordisk also
QuantumScape (NASDAQ: QS) shares are electrified today, surging more than 7% in early trading as the company officially inaugurated its much-anticipated “Eagle Line.” This highly automated pilot production facility in San Jose represents what CEO Dr Siva Sivaram has called the company’s “Kitty Hawk moment” – the point where lab innovation finally translates into a
US equities traded lower on Monday as investors turned cautious ahead of a series of closely watched economic releases and another round of corporate earnings, following a volatile week that ended with the Dow Jones Industrial Average reaching a historic milestone. The Dow Jones Industrial Average fell 128 points, or about 0.2%, in early trading.
The top cryptocurrency news in LATAM this week includes: XDC Network crosses $100 million in tokenized assets in Brazil, Argentina introduces its first public Bitcoin treasury model, and Brazilian investors express increasing interest in “digital gold” in light of the metal’s recent surge. Argentina’s first public Bitcoin Treasury model Argentina’s public Bitcoin treasury represents a
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its outlook for the global oil market, specifically downgrading its prior expectations concerning the magnitude of the supply surplus. This adjustment was not a recent development
Goldman Sachs is deepening its push into generative AI by building autonomous agents with artificial intelligence startup Anthropic to automate some of the bank’s most process-heavy work, reported CNBC. The project focuses on back-office and compliance functions that sit at the heart of daily operations, as large banks look for ways to cut friction, speed