CoreWeave on Thursday said it priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021. The company, which provides access to Nvidia graphics processing units for artificial intelligence training and workloads, had planned to sell shares for between $47 and $55 each. At the top end of the […]
After GameStop closed about a quarter of its locations within the past year, shuttering 1,000 stores across the world, the company said it’s not close to done. And as the struggling company closes stores, it will invest cash in cryptocurrencies. GameStop revealed in a regulatory filing Tuesday that it expects to close a “significant number” […]
As bitcoin’s (BTC) recovery rally continues, $90,000 is now the key level where things could get interesting. The projection is based mainly on the current positioning of options market makers. Market makers, also known as dealers or MMs, are responsible for providing liquidity to the order book. They occupy the opposite side of investors’ trades […]
US stocks closed lower Wednesday as President Trump prepared to unveil new tariffs on US auto imports. The benchmark S&P 500 (^GSPC) was down more than 1.1%, while the Dow Jones Industrial Average (^DJI) fell about 0.4%. The tech-heavy Nasdaq Composite (^IXIC) led the losses, sliding over 2%. Tech leaders Nvidia (NVDA) and Tesla (TSLA) […]
Gold has demonstrated extraordinary resilience in recent months, staging an impressive rally that has captured the attention of investors worldwide. From mid-December to February, the precious metal experienced a remarkable price advance of $343, showcasing its underlying strength and potential for further growth. The market’s recent price action reveals a nuanced and compelling narrative of […]
Wall Street stocks ended higher on Tuesday, with Apple rising and Nvidia dipping as investors assessed consumer sentiment data and bet on a more flexible trade policy stance from the Trump administration next week. U.S. President Donald Trump said on Monday that automobile tariffs were coming soon, while suggesting that not all proposed tariffs would […]
(RTTNews) – The Japanese stock market is trading slightly higher on Monday, recouping some of the losses in the previous three sessions, following the broadly positive cues from Wall Street on Friday. The Nikkei 225 is moving above the 37,700 level, with gains is index heavyweights partially offset by weakness in financial stocks. The benchmark […]
Here’s what happens next, and what to do about it. I come today bearing good news and bad news, and I’ll give you the good news first: The S&P 500 (^GSPC 0.08%) is no longer in a “correction.” Since closing at its highest ever level of 6,144 on Feb. 19, this index tracking the performance […]
The S&P 500 inched higher on Friday, ending four consecutive weeks of declines that were brought on by trade policy turmoil, recession fears and a rollover in megacap tech shares. The S&P 500 added 0.08%, rising into positive territory as the trading session drew to a close. The broad market index ended the day at […]
Markets have not yet factored in the impact of mass cuts in government spending, ‘The Big Short’ investor Danny Moses said. He told Fortune the Department of Government Efficiency’s cuts have jeopardized private contractors, small businesses, and the labor market. “It’s not as simple as just, ‘We think there’s fraud, let’s cut waste, let’s cut […]
A three-week market sell-off intensified on Monday, with investors worried that tariff policy uncertainty would tip the economy into a recession, something President Donald Trump did not rule out over the weekend in an interview. The S&P 500 shed 2.7%, touching its lowest level since September at one point and closing at 5,614.56. The tech-heavy Nasdaq Composite saw the […]
US stocks climbed into positive territory on Friday as investors weighed mixed messages from the Federal Reserve while President Donald Trump indicated he’d retain ‘flexibility’ when it comes to a reciprocal tariff plan set for April 2. The Dow Jones Industrial Average (^DJI) edged above the flat line while the S&P 500 (^GSPC) rose 0.1%. […]
