The Hang Seng Tech Index continued its strong downward trend this week as some key Chinese technology companies published weak financial results and as mainland Chinese investors continued selling Hong Kong shares. It tumbled to a low of H$5,100, its lowest level since June last year, and is down by over 23% from its highest
Paramount Skydance has prevailed in the high-stakes takeover battle for Warner Bros. Discovery after Netflix declined to match the David Ellison-led group’s improved offer, reshaping the competitive landscape of the global media and streaming industry. Warner’s board determined that Paramount’s $31-per-share all-cash proposal for the entire company was superior to Netflix’s earlier agreement to purchase
Berkshire Hathaway stock price rose by over 1.5% on Thursday as American shares rebounded and as investors wait for its financial results. BRK jumped to $753,250, bringing its market capitalization to over $1.07 trillion. It has also formed an inverted head-and-shoulders pattern, pointing to a rebound after its results. Berkshire Hathaway stock price technical analysis
US-listed spot Bitcoin exchange-traded funds attracted more than $1 billion in net inflows over three trading sessions this week. Spot Bitcoin ETFs logged $1.02 billion in combined inflows from Tuesday through Thursday, according to data from SoSoValue. Wednesday accounted for the largest single-day total during the stretch, with $506.51 million entering the funds. The rebound
IAG share price jumped to a new record high on Friday after the company published strong financial results, which provided more information about its operations. It soared to a high of 463p and then pulled back to 438p. British Airways parent is firing on all cylinders IAG, the parent company of top airlines like British
Netflix shares rose sharply in premarket trading on Friday after the company withdrew from a high-stakes bidding war for Warner Bros. Discovery, a move investors interpreted as a sign of financial discipline rather than a missed opportunity. The stock climbed 8.45% in premarket trading on Friday after the streaming giant confirmed it would not match
XRP is currently trading around $1.39, down 3% in the past 24 hours, and has extended its losses over the last 30 days to over 29%. An uptick could trigger a relief bounce, sending prices higher, but the downside is that cryptocurrencies remain bearish as sellers continue to exert downward pressure on Bitcoin. The cryptocurrency
Duolingo stock price continued its strong downward trend on Thursday, reaching its lowest level since February 2023. DUOL has tumbled from $544 in May 2025 to the current $92. This retreat has brought its market capitalization from over $28 billion to the current $5.5 billion. So, what next for the stock? Duolingo stock price crashed
US stock index futures moved lower on Friday, capping a volatile month for equities as investors weighed uncertainty around artificial intelligence spending, shifting trade policy and incoming inflation data. The cautious tone left major benchmarks on track for mixed monthly performances, with technology shares again leading market weakness. Dow Jones futures fell 347 points or
The Chainlink (LINK) price has declined by 25% over the past month as bulls battle against downside pressure near $9. The declines across the market could see LINK fall to support at $8 or lower, particularly as cryptocurrency’s top coins falter. Despite this outlook, continued institutional validation as Chainlink cements its pivotal role in blockchain