Shares of Nvidia (NVDA) remained under pressure on Tuesday despite the company delivering another blockbuster earnings report last week. The stock was wobbly in early trading. At the time of writing, the Nvidia stock was up around 0.5% to around $216.26 after declining nearly 2% Friday. The muted reaction comes even after Nvidia once again
US consumer confidence edged lower in May as rising gasoline prices and growing concerns over the economic fallout from the conflict involving Iran continued to pressure household sentiment. Data released Tuesday by the Conference Board showed its consumer confidence index slipped 0.7 point to 93.1 in May, slightly above economists’ expectations of 92 in a
Ethereum is trading in a tight range around $2,116, with recent price action showing little conviction in either direction. Over the last 24 hours, ETH has slipped slightly by about 0.2%, while the broader trend remains weaker. It has declined by about 9.2% over the past 14 days, and by close to 8.7% over the
Ryanair said it had repaid its final outstanding bond, leaving the Irish low-cost carrier effectively debt-free for the first time since it listed on the stock exchange in 1997. The airline repaid a 1.2 billion euro unsecured eurobond issued in May 2021, a company statement said. The move means Ryanair’s entire fleet of 620 Boeing
XRP is trading in a tight range around $1.36 as the market continues to react to broader crypto weakness. Over the past 24 hours, the token has been oscillating between $1.34 and $1.37, reflecting a narrow range that has become more defined over the past several sessions. But despite the lack of strong momentum, the
Gold traded higher through the Asian morning and into the European session, supported by a softer US dollar even as broader risk sentiment improved on reports of further talks between the US and Iran. XAU/USD climbed to a fresh session high of $4,579 in European trading before easing slightly to around $4,572 later in the
Delivery Hero stock jumped more than 10% on Monday as investors bet that Uber’s opening move for the Berlin-based food delivery group may be only the start of a bigger takeover fight. The immediate trigger was Delivery Hero’s confirmation that Uber had made an indicative €33-a-share approach, valuing the company at more than €10 billion.
India’s markets regulator has proposed changes to how strike prices are listed and refreshed in options contracts, aiming to prevent trading gaps when prices move sharply during the day. The Securities and Exchange Board of India, or SEBI, published a consultation paper on Monday and has sought public comments by 15 June. The proposal is
Siemens Energy share price has surged in the past few years, making it one of the best-performing companies in the DAX Index. It recently peaked at €191, a record high, bringing its 12-month gains to 112%. The DAX has jumped by 5% in the same period. From near bankruptcy to thriving The ongoing Siemens Energy
Bill Gates built one of the world’s most valuable software companies, and yet the trust that funds his foundation no longer owns a single Microsoft share. That sounds dramatic, but the more revealing detail is what remains inside the Gates Foundation Trust: a public equity portfolio of roughly $33 billion, with about 46% now sitting