AppLovin stock price retreated by over 6% in the extended hours after the technology giant published its financial results and maintained a positive outlook despite the rising fears of AI disruption. APP dropped to $429 after ending the day at $455. AppLovin growth accelerated AppLovin, a top software in the advertising industry, has come under
VeChain’s VET token rose on the day as buyers attempted to recover from recent lows, gaining about 9% over the past 24 hours alongside a 26% increase in trading volume. The token rebounded from levels near $0.007 and was trading above $0.008 at the time of writing. Data from CoinMarketCap showed that VET’s move reflected
Cisco stock (NASDAQ: CSCO) slumped over 7% in the pre-market trading on Thursday despite its latest quarter ticking all the right boxes on headline numbers. The networking giant posted double-digit revenue and profit growth, topping Wall Street forecasts, but a softer-than-hoped gross margin and only in-line guidance. The move underlined how sensitive investors have become
JasmyCoin (JASMY) is one of the best performers in the market as it hit the $0.0061 resistance level earlier today. The coin found support at a key level earlier this week. The rally is fueled by growing bullish sentiment, with Santiment data indicating that certain whales are accumulating JASMY tokens. The technical analysis also suggests
X is moving deeper into financial services as its long-awaited payments platform, X Money, enters internal testing and prepares for a wider rollout. The initiative marks a major step in Elon Musk’s effort to transform X from a social media network into a financial ecosystem. By combining messaging, payments, and asset management, the platform aims
The number of Americans filing new claims for unemployment benefits declined less than expected last week, suggesting the US labor market remains resilient despite signs of cooling hiring momentum and recent weather-related disruptions. Seasonally adjusted initial jobless claims fell by 5,000 to 227,000 in the week ending February 7, the Labor Department said on Thursday.
Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a string of upbeat corporate earnings. The S&P/ASX 200 index gained 1.1% to 9,019.10, marking an all-time high and closing record. The benchmark has risen in seven of the past 15 sessions this month, extending a rally
Shares of Zip Co. surged more than 25% on Friday, reaching their highest level in over three years, after the buy-now-pay-later company reported a sharp rise in annual earnings and unveiled plans for a secondary listing in the United States. The stock climbed as much as 25.6% to A$3.92 in early trade, its strongest level
The AUD/NZD exchange rate continued its strong rally, reaching a three-year high as concerns about the Reserve Bank of Australia (RBA) rose. The pair soared to a high of 1.1310, in its eighth consecutive week, up by over 6.16% from its lowest level in June this year. RBA and RBNZ divergence continues The AUD to
Australia is expanding its regional cybersecurity network, pledging A$83.5 million ($54.4 million) to strengthen defences across the Indo-Pacific amid rising cross-border digital threats. The four-year plan, running until 2028, underscores Canberra’s view that cyberattacks have evolved beyond national boundaries and require collective action. According to a Bloomberg report, the funding, channelled through Australia’s Southeast Asia