Avoid MicroStrategy stock and buy MSTX and MSTU ETFs instead
MicroStrategy stock price has done well this year, helped by the ongoing Bitcoin price rally. MSTR has jumped by 542% this year, beating the S&P 500 and Nasdaq 100 indices,…
PayPal stock price analysis: Here’s why it could double soon
PayPal stock price has crawled back and jumped to its highest level since November 2022 as its turnaround strategy continued. It was trading at $89.3, up by over 78% from…
Here’s why the Roku stock price could surge by 76%
Roku stock price has bounced back in the past few weeks, reaching a high of $86, its highest level since February. It has jumped by about 38% from its lowest…
South Korean political unrest jolts Asian stocks, triggers market volatility
Asian markets were rattled on Wednesday following political upheaval in South Korea, where a brief imposition of martial law created uncertainty across financial markets. The South Korean won saw volatile…
Bank of Korea pledges short-term liquidity boost to stabilize FX market amid political turmoil in South Korea
In response to South Korea’s recent political upheaval, the Bank of Korea (BOK) announced on Wednesday its commitment to boost short-term liquidity and stabilize foreign exchange (FX) markets as necessary.…
Barclays settles $17.7 billion debt sale lawsuit for $19.5 million amid securities fraud claims
Barclays has agreed to pay $19.5 million to settle a securities fraud lawsuit filed by shareholders in Manhattan federal court, over its misstep in selling $17.7 billion more debt than…
Italy PM says to protect national interest in UniCredit-BPM tie-up
By Angelo Amante and Giuseppe Fonte ROME (Reuters) -Italy’s government is ready to use its special vetting powers if UniCredit’s proposed takeover of smaller rival Banco BPM goes against the…
Top 3 US steel stocks that will benefit from Trump 2.0
Goldman Sachs analyst Mike Harris expects the US steel industry to flourish under Donald Trump as the President of the United States. Lower interest rates and steady demand will…
Nikkei, KOSPI, ASX rally as tech surge propels Asian markets after Wall Street record highs
Asian stock markets rebounded sharply on Tuesday, led by gains in the tech sector after Wall Street hit record highs overnight. However, currency markets remained volatile as traders assessed diverging…
CNY/USD: Yuan drops to one-year low as weak growth and US tariff concerns weigh
The yuan tumbled to its weakest level since November 2023, with both onshore and offshore trading seeing declines. This comes despite China’s central bank, the People’s Bank of China (PBOC),…