Why did the GME token soar 26% in 24 hours?
The GME token, a cryptocurrency tied to GameStop, experienced a 26.37% increase in price over the past day, signalling strong investor interest. This sudden surge aligns closely with the 8.96%…
Investing
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Amid Japan election uncertainty, these 2 stocks remain strong buys
Japanese stocks are pushing to the upside after the country’s ruling coalition led by Prime Minister Shigeru Ishiba failed to secure a parliamentary majority in elections 2024. The Liberal…
SoundHound stock is getting closer to removing a huge overhang
SoundHound AI Inc (NASDAQ: SOUN) has rallied about 20% this week even though there hasn’t been any particular news that could have catalysed such a price action. And while famed…
Why did SoFi shares slide 11% despite reporting impressive quarterly earnings?
SoFi Technologies’ shares dipped by as much as 11% on Tuesday morning open despite reporting impressive earnings before beginning to pare losses, as experts attributed the dip to a breather…
Lucid stock: could the upcoming Gravity SUV be its saviour?
Lucid Group Inc (NASDAQ: LCID) expects its upcoming Gravity SUV to deliver a significant boost to sales, narrows losses, and orchestrate a stock price recovery in 2025. Customers will be…
China’s Xi urges govt officials to push for reform, meet targets
BEIJING (Reuters) – Chinese President Xi Jinping urged senior provincial government officials to “pool their strength” to pursue the country’s reform goals, the official Xinhua news agency reported on Tuesday.…
Fed seen on track for quarter-point rate cuts in Nov, Dec
(Reuters) – Federal Reserve policymakers are nearly certain to deliver a quarter-point reduction in short-term borrowing costs next week, traders bet on Tuesday, as a U.S. Labor Department report showed…
Federal Reserve to cut rates by 25 basis points at next two meetings- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will cut its key interest rate by 25 basis points on Nov. 7, according to all 111 economists in a…
Argentina debt risk index drops again as default fears recede
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s country risk index, a measure of the premium investors demand to hold local bonds versus equivalent U.S. debt, dropped under 900 basis…
UBS details what to expect from UK Budget
Investing.com – UK Chancellor Rachel Reeves will present the first Budget of the new Labour government on Wednesday, and UBS points out what investors should watch. Going into the Budget,…