Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside The daily chart points to more
US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.
In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months. Nimble secured $47 million in
Tokenized assets on the BNB Chain have surged to a record $16.6 billion, reflecting accelerating institutional adoption and strengthening fundamentals, as BNB’s price consolidates with a cautiously bullish medium‑term outlook. The BNB Chain has seen tokenized assets on the network reach an all-time high, highlighting the network’s growing role in on-chain finance and real-world asset
German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter
Shares of Intel extended gains for a seventh consecutive session on Thursday after the chipmaker announced an expanded collaboration with Google to develop next-generation processors for artificial intelligence data centers. The stock rose about 3% in morning trading, building on a powerful rally that has seen shares climb 47.5% over the current seven-session streak. If
Tesla shares attempted another rebound on Thursday but failed to sustain momentum, slipping about 1% after opening higher. The initial gains followed reports that the company is considering a new electric vehicle. However, the reaction faded quickly, reflecting continued investor caution. New EV plans fail to excite investors Tesla is exploring an all-new electric vehicle,
UK large-cap and mid-cap shares jumped on Wednesday after a breakthrough agreement between the United States and Iran on a temporary ceasefire lifted investor sentiment globally. The development triggered a broad-based rally in equities while sharply reducing oil prices. The benchmark FTSE 100 rose 3.09%, reaching its highest level since March 3. Meanwhile, the mid-cap
Even with the two-week ceasefire between the US and Iran, shipping activities through the Strait of Hormuz would take several weeks to normalise. Additionally, the US Energy Information Administration (EIA) stated on Tuesday that fuel prices may continue to increase for months, even after the Strait of Hormuz is reopened. The EIA’s assessment contradicted US
Investors are recalibrating their strategies in response to renewed geopolitical uncertainty, crafting a fresh “Trump trade” playbook as markets react to shifting dynamics around US-Iran tensions, oil prices, and global monetary policy. With inflation and interest rate trajectories increasingly difficult to predict, many investors are stepping away from long-term positioning and instead focusing on short-term