Cardano (ADA) is trading at a decisive point after spending the past several sessions under sustained selling pressure. While bulls have managed to defend key support levels, repeated failures to reclaim higher resistance have left traders waiting for a clear directional move. With technical indicators sending mixed signals and derivatives traders maintaining a cautious stance,
Plug Power stock remains in a deep bear market after falling by over 50% from the highest point this year. This retreat will be put to the test on August 7 after the company publishes its financial results. So, will the stock rise or drop after its earnings report? Options market suggests high volatility after
Alphabet GOOGL shares rebounded on Monday after suffering a sharp selloff following last week’s quarterly earnings, with several Wall Street brokerages maintaining bullish recommendations even as they trimmed price targets in response to the company’s aggressive artificial intelligence investment plans. Shares of the Google parent rose nearly 3% at the market open, signalling that investors
Alphabet Inc. reported second-quarter results that exceeded Wall Street expectations on earnings and revenue, driven by strong cloud growth, although its search advertising business narrowly missed analyst estimates. The Google parent posted cloud revenue of $24.77 billion for the quarter ended June 30, an 82% increase from a year earlier and ahead of Bloomberg-compiled analyst
Cardano (ADA) is down by more than 2% on Monday and is currently trading at nearly $0.161. The coin is struggling to extend last week’s recovery despite the successful activation of the Van Rossem hard fork, one of the network’s most significant protocol upgrades. The update introduced Protocol Version 11, bringing lower smart contract execution
Brent and the West Texas Intermediate (WTI) crude oil benchmarks jumped on Monday, reaching their highest levels since June 12 as the crisis in the Middle East escalated. Even so, Professor John Mearsheimer has warned that this rally could accelerate in the near term. John Mearsheimer warns on crude oil prices Mearsheimer, a distinguished professor
The FTSE 100 Index has held steady in the past few days, reaching its highest point since July 8. It has jumped by nearly 10% from its lowest point in March this year. This article highlights some of the top catalysts for the Footsie Index this week. FTSE 100 Index to react to US-Iran war
European shares traded lower on Monday as escalating tensions between the United States and Iran pushed oil prices higher, raising concerns about inflation ahead of another corporate earnings season. Investors also turned their attention to upcoming earnings from major US technology companies and the European Central Bank’s policy meeting later this week. Geopolitical tensions pressure
Pepe (PEPE) is trading higher on Monday, extending the recovery that has been building over the past three weeks as both institutional-sized investors and retail traders showed renewed interest in the meme coin. On-chain data indicates that whale wallets have steadily increased their exposure to PEPE, while the amount of tokens held on cryptocurrency exchanges
QuantumScape stock (NASDAQ: QS) faces a potentially sharp earnings reaction on Wednesday as investors test whether the solid-state battery developer can turn technical progress into a credible manufacturing and commercialisation plan. Options traders are pricing a move of roughly 12% to 15% in either direction after the second-quarter report, reflecting the uncertainty surrounding a company