Key PointsConstellation Brands (STZ) stock has underperformed the S&P 500 index, declining 41% over the past 12 months.Surveys show customers growing more concerned over personal f
Abu Dhabi’s ADNOC subsidiary ADNOC Distribution, which operates 562 service stations across the UAE as well as 172 in KSA and 243 stations in Egypt, will be utilizing AE Coin, the first regulated AED stablecoin in the UAE for payments with its retail customers. Customers will be able to pay using the AE Coin implemented […]
Key PointsAmazon is seeing great operating leverage in its e-commerce business.Walmart is the more defensively positioned retailer given its role as the largest grocer in the U.S.A
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday underpinned by Fed easing and resilient global economic activity.
Key PointsEli Lilly's shares may appear expensive at first glance, but a closer look reveals a different story.The company's outlook is strong, and the stock is a buy, even at curr
The XRP price could be on the verge of a massive crash, as a crypto analyst has identified a key technical pattern in the cryptocurrency’s structure that signals a potentially severe downturn.
Key PointsOracle stock tumbled after its second-quarter report.Heavy spending on AI infrastructure has been slow to boost revenue, and profitability is a question mark.Investors ap
Bitcoin (BTC) is trading above $92,000 at the time of writing on Friday, as volatility across the cryptocurrency market cools following the Federal Reserve’s (Fed) hawkish interest rate cut.
The gap between centralized and decentralized has narrowed down significantly in the last few years. DEXs are no longer just alternatives to Binance or Coinbase. Some of them are now capable of processing trades faster, at lower cost, and even features that centralized platforms can’t match. The top decentralized exchanges have moved beyond just basic […]
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time of writing, XAU/USD is trading around $4,335, just shy of its all-time high near $4,381, marked on October 20.
Crypto markets rebounded from key support levels, with Bitcoin reclaiming the $93,000 mark and broad market sentiment turning green. However, with conviction still thin and macro uncertainty lingering, traders are split on whether this move signals stabilization or just a short lived relief rally. Crypto Markets Bounce From Key Support Levels The crypto markets saw […]
Key PointsEarlier this year, Ethereum hit an all-time high of $4,954.Wall Street analysts continue to predict that Ethereum could soar in value during the next three years.Several
The USD/JPY pair snaps a two-day losing streak and rebounds to near 156.00 during the European trading session on Friday.
Key PointsAlibaba's metamorphosis into one of China's artificial intelligence leaders drove its share price outperformance this year.The company is answering the call with growing
Kamino announced six new products, expanding the types of available lending. The protocol also added a RWA exchange and a new SKD to embed Kamino yield into other apps.
Key PointsThe exchange-traded funds listed here all yield around 2% or more in dividends.They have low beta values, which indicates good stability compared to the overall market.Th
Following the Federal Open Market Committee (FOMC) meeting, the US Dollar (USD) softened broadly while risk proxies, non-USD currencies, precious metals, and even crypto assets saw constructive moves. DXY last seen around 98.46 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
One of the fastest-moving altcoins with a price of $0.035 is already in a rush to reach the end of the allocation and investors are keeping a close eye on the demand picking up. As the present development milestones are near and supply is reducing rapidly, Mutuum Finance (MUTM) is under discussion as one of […]
The Central Bank of Turkey (CBT) surprised markets with a 150bp cut to the policy rate, lowering it to 38% as headline inflation for November came in better than expected, ING's FX analyst Frantisek Taborsky notes.
TradingKey - Multiple favorable US policies are poised to propel the crypto market back to its peak; however, caution is warranted regarding potential hawkish actions by the Federal Reserve.On Friday,
Key PointsClients across multiple industries and sectors are adopting Palantir's software.Several years' worth of hoped-for rapid growth is already baked into Palantir's stock pric
The US Dollar (USD) continued to slide, pressured by a jump in initial jobless claims to 236k—the largest weekly rise since March 2020—and lingering softness in the labor market, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Key PointsPalantir's stunning returns over the past several years have left the stock expensive.Snowflake is experiencing healthy growth and trades at a significantly lower valuati
Christophe Fouquet, a French engineer who once took a demotion to learn chip-making technology, now runs ASML Holding NV, the only company in the world that can produce the machines needed to make artificial intelligence work. Fouquet asked ASML in 2007 for a job one level below what they offered. He wanted time to master […]