It’s not just SpaceX: These top Scottish Mortgage Trust stocks are in trouble
Scottish Mortgage Trust share price has retreated sharply this week, continuing a downward trend that started on June 3. SMT stock has slumped
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Investing
US dollar advances against major currencies as global market volatility deepens
The US dollar extended its gains on Wednesday, climbing to a fresh 13-month high against a basket of major currencies as investors moved
Investing
Pound edges higher as markets assess UK finance minister outlook
The pound rose to a 10-month high against the euro on Wednesday as investors assessed the political outlook in the UK and the
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Western Digital, Seagate, Sandisk stocks are bracing for a major Micron event
Sandisk, Western Digital, and Seagate stocks have been in a strong rally this year and are the top gainers in the S&P 500
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Meta to acquire 20% stake in CRED through $900M investment
Meta Platforms Inc. is making a significant move into India’s fintech ecosystem with a $900 million investment in startup CRED. The deal gives
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Why Alphabet stock is tanking over 6% on Monday
Alphabet (GOOGL) shares fell as investors assessed the departure of prominent AI researchers and broader concerns about AI spending. The stock dropped more
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Micron stock is beating the broader market today: what to expect from earnings
Micron (MU) shares have had a monster rally heading into the memory chip specialist’s fiscal Q3 earnings scheduled for Jun. 24 after market
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EU ramps up pressure on Meta over child safety concerns
Meta Platforms is facing fresh regulatory pressure in Europe as the European Union prepares to escalate its investigation into whether Facebook and Instagram
Stocks
Trader With a 93% Win Rate Places a $105M Bitcoin (BTC) Long: Could Another Rally Be Brewing?
A trader has opened a 20x long on 1,653 BTC. Bitcoin is currently trading at $63.5K. A known high-frequency trader, identified as 0x50b3,
Investing
Dollar stays firm, oil falls as markets focus on Fed policy outlook
The US dollar held firm on Tuesday as markets continued to price in a more hawkish Federal Reserve, while the Japanese yen hovered