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Nvidia Shares Down near 9% thus far in 2025 amid DeepSeek Rising Popularity

February 26, 2025 3:05 pm
Key moments DeepSeek’s release of its latest model, DeepSeek-R1, led to a significant decline in Nvidia’s shares, with the stock falling close to 9% thus far in 2025. The rise of DeepSeek has sparked a shift in the AI industry, with a growing trend towards democratization and the development of foundational models that can operate […] Read more

European natural gas futures have surged to their highest level since October 2023

January 3, 2025 10:34 am
Key Takeaways: European natural gas futures have surged to their highest level since October 2023, with prices climbing over 4% to €51 per megawatt-hour, after Russian gas flows to Europe via Ukraine stopped. The halt of Russian gas flows has exacerbated concerns about faster storage withdrawals, with European gas inventories already depleted at the fastest […] Read more

The euro has fallen to its weakest level against the dollar since 2022

January 3, 2025 9:29 am
Key Takeaways: The euro has fallen to its weakest level against the dollar since 2022, reaching $1.0306, due to concerns about Europe’s economy and expectations of interest rate cuts. The pound has also declined, reaching an eight-month low of $1.2389, amid worries about weak UK growth and potential interest rate cuts. Weak growth, US trade […] Read more

IONQ Inc Stock Price Is Up 120% Over the Past 30 Days

December 5, 2024 10:45 am
Key Takeaways: IonQ’s Q3 revenue exceeded expectations, driving a remarkable 120% increase in its stock price over the past 30 days. Concerns over the company’s valuation remain, with a market capitalization of $7.23 billion and a price-to-book ratio of 14.36. Operating costs surged 36% year over year to $65.5 million, with research and development expenses […] Read more

Quantum Computing Stock Price is Up 4.59%

December 2, 2024 11:56 am
As of today, the stock price of Quantum Computing (QUBT) has experienced a notable fluctuation. The current price stands at $7.06, with a daily range of $6.15 to $7.22. This represents a significant movement in the stock’s value, with a 50-day range of $0.64 to $7.70 and a 52-week range of $0.35 to $9.20. The […] Read more

Silver Price Gained 1.33% on Friday

November 30, 2024 1:35 pm
Yesterday’s silver trading saw a notable bounce, with prices rising above the key level of 29.95. According to technical indicators, long positions above this level have targets at 30.53 and 30.70 in extension. The Relative Strength Index (RSI) also suggests that a bounce is due, indicating that the recent downtrend may be reversing. The pivot […] Read more

Stock Market Reaches New Heights on Black Friday

November 30, 2024 4:49 am
The S&P 500 and Dow Jones Industrial Average closed at record highs on Black Friday, driven by gains in technology stocks and a strong retail performance. The S&P 500 rose 0.56% to 6,032.44 points, while the Dow Jones Industrial Average climbed 0.42% to 44,910.65 points. Technology Stocks Lead the Way Nvidia led the charge in […] Read more

MicroStrategy Market Value Plummeted by Over 27% This Week

November 28, 2024 12:01 pm
MicroStrategy, a business intelligence firm with a significant stake in Bitcoin, has experienced a substantial decline in its market value. The company’s market capitalization has dropped by over 27% in just four days, resulting in a loss of over $30 billion. This significant decline has sparked concerns about MicroStrategy’s role as a leveraged Bitcoin investment […] Read more

Research: The largest corporate fines in 2024 so far

May 2, 2024 9:49 am
We are just a few months into 2024 and two major corporations have already been slapped with fines of over one billion US dollars. While it is encouraging to see companies facing severe consequences for breaking the law, it does make one wonder what breaches justify such hefty penalties. Almost every day there is a […] Read more