Chainlink’s LINK token continues to trade under bearish pressure even as the project strengthens its position in institutional blockchain infrastructure through a new distribution channel on Amazon Web Services (AWS). Despite the institutional progress, LINK’s price action remains bearish across multiple timeframes, with technical indicators showing sustained downside momentum. The token is trading around $8.50,
Nvidia (NVDA) shares remained under pressure on Wednesday, falling around 3% to trade near $216 as investors continued to rotate toward other areas of the artificial intelligence hardware ecosystem. The decline followed a volatile session on Tuesday when Nvidia shares briefly climbed above $230 before reversing course and ending the day down 0.7%. While Nvidia
USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development of a domestic rare earth supply chain. The agreements formalize an earlier announcement that the Trump administration would support a $1.6 billion debt-and-equity funding package
Software stocks are staging a strong comeback after a bruising selloff earlier this year, as investors increasingly bet that artificial intelligence will become a growth catalyst for the industry rather than a disruptive threat. The turnaround has been swift. The iShares Expanded Tech-Software Sector ETF (IGV), a widely followed benchmark for software shares, has surged
Marvell Technology stock price has gone parabolic and moved to a record high, helped by the ongoing artificial intelligence boom and demand for custom chips. MRVL jumped to $225, up by 370% from its lowest point in April last year. So, will the surge continue as Jensen Huang predicts it will be the next $1
Tesla’s Chinese-made electric vehicle sales increased 39.4% year-on-year in May, marking the sixth consecutive month of growth as the company maintained its position against rising competition from domestic automakers, according to data from the China Passenger Car Association (CPCA) released on Tuesday. Deliveries of Tesla’s Model 3 and Model Y vehicles from its Shanghai factory
Chiliz has emerged as one of the best-performing cryptocurrencies among the top 100 by market capitalization on June 2nd. The token is up 7% over the past 24 hours and has climbed above the $0.03500 level. The positive performance comes as Chiliz announces a key partnership. In addition, CHZ’s technical indicators have turned bullish, suggesting
The UK’s blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under pressure following a decline in crude oil. Broader sentiment was also influenced by geopolitical developments, including renewed expectations of progress in US–Iran talks. The FTSE 100 rose 0.4% to 10,377.4 points by
The season of the mega IPOs is gathering momentum. Just days before SpaceX is expected to begin trading publicly, Anthropic, the artificial intelligence company behind Claude, confidentially filed for an initial public offering, officially taking its place on the starting line of what could become the largest IPO cycle in modern market history. The company
India is set to launch a producer price index series this month, alongside a revised wholesale price index with a new base year, marking a significant change in the way the country tracks price movements at the producer level, a government official said on Tuesday. The development represents a structural shift in India’s statistical system