Tesla stock rose by over 3.5% on Thursday and continued those gains in the extended hours after details of the potential merger with SpaceX emerged. TSLA hit a high of $315, up modestly from this week’s low of $296. Still, the question is whether a Tesla and SpaceX merger would be a good deal in
Silver fell towards $58.50 an ounce on Friday as a modest rebound in the US dollar prompted traders to trim positions after two sessions of gains. The metal was down about 0.8% at $58.52 in early trade, snapping a brief recovery that followed the Federal Reserve’s decision to keep interest rates unchanged. The pullback was
Uniswap (UNI) price has reclaimed the $4 level after climbing more than 9% in the past 24 hours, extending its weekly gains to around 18% as a new product launch and protocol revenue changes continue to attract buyers. According to Uniswap Labs, the latest catalyst arrived with the launch of Launches, a token discovery hub
Oil prices fell on Friday as signs of improving tanker traffic through key Middle East waterways encouraged traders to lock in profits after a volatile week. Brent crude dropped $1.03, or 1.2%, to $88 a barrel by 0215 GMT, while West Texas Intermediate declined $1.50, or 1.8%, to $82.09. Even after the pullback, both benchmarks
XRP price briefly climbed to $1.10 before easing back as steady ETF inflows and Aviva Investors’ tokenized fund launch on the XRP Ledger have continued to support buying interest despite persistent technical resistance. According to SoSoValue data, US spot XRP exchange-traded funds recorded $584,000 in net inflows on July 29, ending a three-day streak of
The FTSE 100 Index jumped to a record high this week as several important companies like IAG, NatWest, Lloyds, and Rolls-Royce published their financial reports and the Bank of England (BoE) delivered its interest rate decision. It soared to 10,976, up by 13.4% from its lowest level this year. This article looks at some of
Micron Technology (NASDAQ: MU) has received an unlikely boost from Apple after Tim Cook described the surge in memory prices as a “100-year flood.” The remarks strengthened the argument that today’s shortage reaches beyond artificial-intelligence data centres. Apple’s chief executive said exponential memory-cost increases had contributed to reluctant price rises. Apple paid more for memory
US stocks closed sharply lower on Wednesday as investors reacted negatively to the Federal Reserve’s decision to leave interest rates unchanged, while rising Treasury yields and renewed concerns over inflation weighed on market sentiment. The Dow Jones Industrial Average fell 1,152 points, or 2.2%, marking its biggest one-day decline since April 2025. The S&P 500
The US Federal Reserve left interest rates unchanged on Wednesday in one of its most closely watched policy decisions in years, even as three policymakers broke ranks to call for another rate increase, underscoring growing divisions inside the central bank over the path of inflation. The Federal Open Market Committee voted 9-3 to keep the
Meta Platforms (META) shares are slipping in extended hours on Wednesday as investors react to a messy Q2 earnings release that reignited aggressive spending fears. The giant’s revenue reached $60.80 billion – up a better-than-expected 28% year-on-year – but its per-share profit at $6.18 failed to meet consensus estimates. Net income came under pressure as