Broadcom stock price has crashed into a technical bear market after falling by over 24% from its highest point in December last year. AVGO dropped to 314, with its market capitalisation dropping from over $1.9 trillion to $1.5 trillion. So, will the new deal with Anthropic fuel its comeback? Broadcom inks major deal with Anthropic
XRP, like other leading cryptocurrencies, is under renewed pressure this week. The coin slipped below $1.31 on Tuesday, with fading trader interest, weakening derivatives metrics, and deteriorating technical structure, suggesting downside risk for XRP. There is a potential for a deeper correction in the near term, with the ongoing crisis in the Middle East piling
The Virgin Galactic stock price has rebounded this week and is hovering at its highest point since January 28. It has soared by 45% from its lowest point this year, bringing the market capitalisation to $250 million. Top reasons why the Virgin Galactic stock has soared The SPCE stock has soared in the past few
Shares of major US health insurers jumped in premarket trading on Tuesday following the government’s announcement of a larger-than-expected increase in 2027 payment rates for Medicare Advantage plans. Insurance giant UnitedHealth led the rally, climbing 6.9%, while CVS Health, Elevance Health, Centene , and Molina Healthcare rose between 3.6% and 6%. Notably, Humana surged 10.7%,
Big Tech stocks, which have come under sustained pressure in recent months, may be entering a more attractive phase for investors as valuations reset and geopolitical tensions reshape market dynamics, according to analysts at Goldman Sachs. The sector’s sharp pullback, exacerbated by the ongoing Iran conflict, has led to a reassessment of growth expectations and
Wall Street’s main indexes opened lower on Tuesday as investors assessed escalating tensions between the United States and Iran ahead of President Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz. The Dow Jones Industrial Average was down 214 points, or 0.46%, while the S&P 500 index fell 0.42% and the Nasdaq 100
Faced with the twin challenges of rising inflation and slowing growth driven by the oil price shock, the European Central Bank is under pressure to act, with Commerzbank AG anticipating the ECB to prioritise long-term inflation expectations and consider an interest rate hike as early as its next meeting at the end of April. While
The cryptocurrency market has been bearish over the past 24 hours, with Bitcoin and Ether currently in the red. Bitcoin hit the $70,000 mark on Monday but is now down 1.4% and is trading around $68,400. Ether also risks dropping below $2,000 if the selloff persists. However, ZEC, the native coin of the Zcash ecosystem,
Novo Nordisk announced on Tuesday that it is making a higher-dose version of its popular weight-loss medication, Wegovy, available across the United States. The new 7.2-milligram dose, branded as Wegovy HD, was recently approved under the FDA Commissioner’s National Priority Review Voucher program last month, marking a significant development in obesity treatment options. Before this
The WTI crude oil price will be in the spotlight this week as the US war against Iran escalates. It ended the week at $112.08, up by over 104% from its lowest level this year. Futures on Hyperliquid quoted the price at $112.15, with its open interest rising to $575 million. WTI crude oil in