Bonk (BONK) is bullish on Wednesday, trading around $0.0000037 as improving macroeconomic conditions lifted sentiment across the cryptocurrency market. The meme coin benefited from a broader rally after the latest US Consumer Price Index (CPI) report showed inflation slowed more than expected, increasing optimism that the Federal Reserve could adopt a more accommodative monetary policy.
Silver prices edged lower on Wednesday as escalating geopolitical tensions in the Middle East dampened investor sentiment, offsetting support from a weaker US Dollar following softer-than-expected US inflation data. At the time of writing, Silver (XAG/USD) traded at $58.50, after facing rejection near the $59.00 level during Tuesday’s session. Although the US Dollar weakened after
TSMC is expected to deliver another record profit on Thursday, but investors may need more than strong headline numbers to push the stock higher. The chipmaker reports at 2 AM ET on July 16. Analysts expect second-quarter net profit to surge 59% to NT$632.6 billion, which would mark a fifth consecutive quarterly record. Revenue is
Groww parent Billionbrains Garage Ventures reported that its consolidated net profit nearly doubled in the first quarter, driven by strong growth in transacting users and higher trading activity across its investment platform. The results also lifted investor sentiment, with the company’s shares rising during trading. The company posted a consolidated net profit of 7.35 billion
PayPal’s stock surged in premarket trading after reports emerged that Stripe and Advent International had offered to acquire the company for over $53 billion. The offer, valued at $60.50 per share, represents roughly a 28% premium over PayPal’s most recent closing price. Shares have traded as low as $38.46 over the past year, a steep
The US Dollar (USD) remained under bearish pressure during the European session on Wednesday after weakening against its major counterparts in the previous session. It was trading around 100.80. Market participants turned their focus to upcoming economic data and central bank decisions. The US Bureau of Labour Statistics is set to release the June Producer
IBM stock suffered its worst one-day decline on record after the technology group admitted that customers were moving money away from its products and towards urgently needed data-centre infrastructure. The stock plunged 25.2% to $217.07 on Tuesday, leaving it just above its 52-week low, after preliminary second-quarter revenue and profit missed Wall Street forecasts. Yet
ASML Holding raised its financial guidance for 2026 on Wednesday after reporting stronger-than-expected second-quarter earnings and announcing plans to increase capacity. The results showed that robust demand for artificial intelligence chips continues to fuel investment across the semiconductor industry. The Dutch company, the world’s largest supplier of semiconductor manufacturing equipment, now expects full-year 2026 net
Crypto exchange Bitrue has launched an artificial intelligence-powered trading platform that lets users build and activate automated strategies without writing code, as demand for AI-linked markets accelerates among its customers. The product, called Bitrue AI, can generate a personalised strategy in about 10 seconds after a user selects an asset and preferred risk level, according
SpaceX stock (NASDAQ: SPCX) briefly looked unstoppable after the world’s largest initial public offering, but almost all the early excitement has now disappeared. Shares closed Tuesday at $136.08, only $1.08, or 0.8%, above the $135 offering price. The stock has fallen almost 40% from its June 16 intraday peak of $225.64, wiping an estimated $1.2