The countdown to SpaceX’s long-awaited stock market debut is entering its final days. Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to take another company public, which is already larger, more ambitious, and arguably far more controversial from a valuation standpoint. Tesla’s IPO raised about $226 million
Strong US jobs data has sparked dollar rallies and rate hike expectations, while geopolitical tensions and market volatility persist. Robust US Labor Market Drives Hawkish Rate Expectations The release of a “blowout” May Nonfarm Payrolls (NFP) report, featuring 172,000 jobs added against an 85,000 expectation, has fundamentally altered the economic narrative. This labor market resilience
Bitcoin cryptocurrency can be expected to rise to the next resistance level 63750.00 (former strong support from March and February). Bitcoin reversed from round support level 60000.00 Likely to rise to resistance level 63750.00 Bitcoin cryptocurrency today reversed up from the support zone between the major round support level 60000.00 (which stopped the sharp downward
A highly anticipated U.S. Nonfarm Payrolls report is approaching, giving gold traders another major data point to assess after months of volatility in XAUUSD. Elev8, a global Contract for Difference broker, has released a market update examining how gold may react to labour market data, geopolitical pressure, and shifting monetary policy expectations. The report comes
Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance, deepening investor concerns about the pace of its turnaround efforts. The stock dropped nearly 9% in early trading after the company projected flat to slightly lower revenue for the full year. The
Shares of ServiceTitan TTAN climbed sharply on Friday after the software company delivered stronger-than-expected quarterly results and raised its full-year outlook. The results drew a fresh round of bullish commentary from Wall Street analysts. The stock rose nearly 7% in trading, putting it on track for its biggest single-day gain since the company’s initial public
Ethereum cryptocurrency can be expected to rise to the next resistance level 2000.00 (former strong support from March and May). Ethereum reversed from support zone Likely to rise to resistance level 2000.00 Ethereum cryptocurrency today reversed up from the support zone between the strong long-term support level 1740.00 (which stopped the sharp downward impulse wave
India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity” amid severe disruptions in oil supplies from the Middle East caused by the ongoing Gulf crisis. Venezuela’s interim President Delcy Rodríguez visited India this week, holding high-level talks with Prime Minister Narendra Modi on Thursday. The
Bitcoin is trading near one of its most closely watched long-term technical levels after a sharp selloff pushed the cryptocurrency toward the low-$60,000 region. The decline comes at a time when spot Bitcoin exchange-traded funds (ETFs) are experiencing an extended period of capital outflows, while liquidations across the crypto market have surged to their highest
Bitcoin Cash cryptocurrency can be expected to fall to the next support level 200.00 (which started the sharp uptrend at the start of 2024). Bitcoin Cash falls sharply Likely to fall to support level 200.00 Bitcoin Cash cryptocurrency recently broke sharply through the major support zone between the key support level 270.00 (which has been