Evening digest: Crypto slide, SpaceX IPO buzz, India selloff
Global markets closed the week on a cautious note, with multiple asset classes reflecting heightened uncertainty. The cryptocurrency market weakened amid a broader risk-off mood, while geopolitical tensions and rising…
CrowdStrike stock: how its own partners triggered a sell-off today
CrowdStrike Holdings Inc (NASDAQ: CRWD) is inching lower on Mar 27 after partner Anthropic previewed a “breakthrough” AI model with advanced cybersecurity capabilities it’s calling Claude Mythos.Adding to the pressure…
Dow Jones plunges nearly 800 points: longest weekly losing streak in 4 years
US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging…
US debt surge puts TLT stock at risk amid rotation to BIL ETF
The iShares 20+ Year Treasury Bond ETF (TLT) remains under intense pressure this year as investors have remained concerned about the ballooning US government debt and rising long-term bond yields.…
FPIs pull out $12B from Indian equities on Iran war, oil shock
Foreign investors are on track to pull a record $12 billion from Indian equities in March, as rising oil prices and geopolitical tensions in the Middle East trigger a sharp…
Dow Jones falls 300 points as oil surge, Iran war fears rattle markets
Wall Street opened lower on Friday, as the ongoing Middle East conflict continued to weigh on investor sentiment despite a delay in potential US military action against Iran’s energy infrastructure.The…
AstraZeneca stock jumps as COPD drug trial win surprises market
Shares of AstraZeneca rose on Friday after the drugmaker reported positive results from late-stage clinical trials of its experimental chronic obstructive pulmonary disease (COPD) treatment, tozorakimab.The UK-based pharmaceutical company said…
Nvidia stock slips below $170: why analysts see a buying opportunity
Nvidia shares remain under pressure, tracking a broader pullback in artificial intelligence-linked stocks.The stock fell 1.8% in early trading on Friday, after dropping 4.2% on Thursday to its lowest close…
AMD stock analysis: cup & handle points to more gains
AMD stock price has jumped in the last three consecutive weeks, reaching a high of $220, its highest point since February this year. It has jumped by nearly 200% from…
XPeng stock is still at risk despite reporting its first profit: what next?
XPeng stock price has held steady in the past few days, helped by the recent financial results, which showed that it made its first quarterly profit. XPEV was trading at…