USD/ZAR forecast: falling wedge points to a South African rand pullback
The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the
Investing
Economy
Dow ends lower as S&P 500, Nasdaq gain on AI stocks and softer CPI
US stocks finished mixed on Wednesday as gains in artificial intelligence infrastructure companies and a benign inflation report lifted the S&P 500 and
Gold
Coherent stock: what next for this Lumentum rival ahead of earnings?
Coherent stock has done well, helped by the recent investment by Nvidia and the growing revenue trajectory. COHR has jumped by 260% in
Oil
Evening Digest: Nvidia’s $500B AI talks, Intel’s $15B share sale
A potential $500 billion AI infrastructure partnership involving Nvidia and major investment firms highlighted another day of aggressive spending on artificial intelligence. Intel
Bitcoin
Evening Digest: Nvidia’s $500B AI talks, Intel’s $15B share sale
A potential $500 billion AI infrastructure partnership involving Nvidia and major investment firms highlighted another day of aggressive spending on artificial intelligence. Intel
Business
Taiwan and Korea lose $29 billion in July: is money rotating away from AI?
Foreign investors continued pulling money from Asian equities in July, but the headline outflow masks a striking shift underneath: capital moved away from
Stocks
Bitcoin (BTC) Bulls Eye $67K: Can It Reclaim the High While Defending the $60K Range?
Bitcoin price slipped below the $64K mark. The bearish crossover is active, and the downtrend accelerates. The largest asset, Bitcoin (BTC), slipped below
Investing
Currency markets trade mixed amid US-Iran conflict uncertainty
Financial markets remained volatile heading into the weekend as investors avoided taking large positions amid continued uncertainty surrounding the conflict. Market participants largely
Economy
CoreWeave stock soars as Q2 earnings alleviate key concerns
CoreWeave (CRWV) shares are ripping higher in extended hours after the company posted market-beating Q2 earnings, citing accelerating artificial intelligence (AI) infrastructure demand.
Gold
eBay stock slides 4% after report says GameStop may abandon takeover bid
Shares of eBay EBAY fell about 4% on Monday after a Bloomberg report said GameStop chief executive Ryan Cohen is considering abandoning the