The crypto market remained in an upbeat tone during the weekend despite the rising geopolitical risks in the Middle East. Bitcoin was trading at $80,000, while the market capitalization of all tokens jumped to $2.6 trillion. This article provides a forecast for top tokens like Pepe Coin (PEPE), Canopy (CNPY), and Zcash (ZEC). Pepe Coin
Crude oil prices retreated on Friday, with Brent and West Texas Intermediate (WTI) both slipping below their monthly highs. WTI fell to $95.46, roughly 10% below its peak for the month, while Brent, the global benchmark, dropped to $103.90 from this month’s high of $109.96. Saudi Arabia and Houthi risks are rising Crude oil price
Oracle stock has sold off this year, and has become one of the top laggards in the S&P 500 Index. It has slumped by over 40% from its highest point this year. This retreat may continue as the company faces some major headwinds. Oracle stock at risk as a new $18 billion headwind emerges There
Accenture (ACN) stock fell 4% on Friday after Guggenheim downgraded the consulting and technology services company to Neutral from Buy and removed its previous price target. The downgrade came as Guggenheim said its channel checks had not identified a corresponding improvement in demand despite Accenture shares rebounding 52% from their June lows. The firm also
India’s decision to introduce a merchant discount rate on selected UPI payments has reopened a debate over who should pay for the country’s digital payment infrastructure. From October 15, person-to-merchant transactions above ₹2,000 will attract an MDR of 0.4%, capped at ₹300, while person-to-person transfers, smaller payments and small merchants remain protected. The government says
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous 12-0 decision. The move was broadly expected. What investors are now trying to determine is whether the increase marks the beginning of a new tightening cycle or
Donald Trump is set to welcome Chinese President Xi Jinping to the White House next week for their second meeting this year, with the two leaders seeking to stabilise a relationship strained by trade disputes, tensions over Taiwan and Iran, and a growing rivalry over artificial intelligence. Xi’s visit, expected on Sept. 24, will be
A crypto market rally is happening today, September 19, with Bitcoin and top altcoins like Ethena (ENA), Injective (INJ), and VeChain (VET) rising by double digits. The market capitalization of all coins jumped by 4% in the last 24 hours to $2.78 trillion. This article explores some of the top reasons behind the cryptocurrency market
Accenture (ACN) stock fell 4% on Friday after Guggenheim downgraded the consulting and technology services company to Neutral from Buy and removed its previous price target. The downgrade came as Guggenheim said its channel checks had not identified a corresponding improvement in demand despite Accenture shares rebounding 52% from their June lows. The firm also
Micron Technology (MU) shares rose on Friday as RBC Capital Markets said the memory-chip maker’s valuation does not fully reflect its exposure to the artificial intelligence-driven memory boom. Micron stock gained as much as 3.12%. RBC analyst Srini Pajjuri reiterated an Outperform rating and a $1,500 price target. Pajjuri pointed to rising memory requirements from