Bitcoin price has returned to the $63,000 region after surrendering Monday’s geopolitical relief rally, leaving the cryptocurrency down about 3% over the past day. According to CoinGecko data, Bitcoin (BTC) was trading around $63,270 at the time of writing, down roughly 3% over the past 24 hours after briefly climbing above $65,500 during Monday’s session.
Asian stocks are in a strong freefall today, July 28, with most technology companies being in the red. The Nikkei 225 Index plunged to 62,385, down by 14.6% from its highest point this year. In South Korea, the Kospi Index moved deeper into the bear market after falling by over 35% from its peak. Nikkei
AMD’s artificial-intelligence launches have strengthened Wall Street’s view that the chipmaker can compete across a broader slice of the data-centre market, creating a potential catalyst for a stock breakout. Mizuho analyst Vijay Rakesh reiterated a Buy rating and lifted his price target to $625 from $615 after AMD’s Advancing AI event. TipRanks reported that he
Kioxia Holdings stock continued its steep decline today, reaching its lowest level since May 15. It has plunged by over 60% from its year-to-date high, erasing billions of dollars in value. It has fallen from the most valuable Japanese company to fourth after Mitsubishi UFJ, Softbank, and Toyota. So, will the stock continue falling ahead
SHIB price has dropped over 8% in the past 24 hours as whale selling following a brief rally has raised concerns that the meme coin could face another leg lower if buying demand continues to weaken. According to CoinGecko data, Shiba Inu traded around $0.00000466 at the time of writing, down about 8.4% over the
German carmaker Mercedes-Benz Group AG on Tuesday cut its 2026 unit sales outlook for its Cars division. The company said sales are now expected to be slightly below the previous year’s level. Mercedes-Benz attributed the revised outlook in particular to the negative development of the Chinese market. The company also adjusted its full-year revenue forecast.
Nexo, a digital assets wealth platform, said it has reaffirmed the compliance of its products across the European Economic Area (EEA). According to the company, it operates in the region through two MiCA-licensed partners that provide the infrastructure supporting its client-facing platform. According to Nexo, its European operations combine its global wealth platform with licensed
The FTSE 100 Index continued rising this week, reaching its highest level since March 2nd, as investors reacted to key corporate earnings and the upcoming Bank of England (BoE) interest rate decision. It jumped to 10,782, up by 12% from its lowest level in March this year. Top FTSE 100 Index companies to publish its
Tesla stock (NASDAQ: TSLA) has lost roughly 30% this year, leaving investors to decide whether the company’s emerging artificial-intelligence businesses can justify a valuation far above what its automotive profits currently support. The stock closed Monday, July 27, at $309.22 after another 1.2% decline. A $600 target would imply about 94% upside, meaning Tesla would
LVMH shares swung sharply on Tuesday, rising as much as 2% before reversing course to trade 2.56% lower after the luxury group reported second-quarter sales growth broadly in line with expectations. The results offered an important test of whether the $400-billion luxury sector is decisively emerging from a two-year downturn. LVMH is the owner of