After Microsoft, these two stocks could be the next to form a death cross
Microsoft formed a “death cross” – a bearish chart pattern this week that’s broadly seen as a sign of a continued decline ahead.A death cross is when a stock’s 50-day…
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Big Food’s big challenge of keeping up with evolving consumer diets has Wall Street wary
Major food manufacturers, including JM Smucker, Mondelez International, Hershey, and PepsiCo, have faced declines in stock performance over the past year, raising concerns about the long-term viability of their business…
GM’s EV market share doubles to 12%: will Trump’s tariffs slow momentum?
General Motors (GM) is at a turning point in an evolving automotive world as it continues to forge ahead in the electric vehicle (EV) race. According to Reuters, even with economic…
Citigroup’s $81 trillion blunder: how a ‘fat finger’ mistake was caught
Citigroup narrowly avoided what could have been one of the largest banking blunders in history after it mistakenly credited a client’s account with $81 trillion instead of the intended $280.…
US spot Bitcoin ETFs extend negative streak with $275m in outflows
The crypto market witnessed a sharp sell-off overnight Thursday and early Friday, with Bitcoin (BTC) price dropping below $80,000. Altcoins also dumped, including THORChain.Amid this, the US spot Bitcoin exchange-traded…
Why did Archer Aviation stock plunge 15% at market open on Friday?
Investors are bailing on Archer Aviation Inc (NYSE: ACHR) this morning after the eVTOL firm reported disappointing financial results for its Q4.ACHR was broadly expected to generate up to $0.2…
BlackRock adds Bitcoin ETF to model portfolio: report
BlackRock, the world’s largest asset manager, is incorporating Bitcoin into its $150 billion model-portfolio universe. The firm is adding a 1% to 2% allocation of the iShares Bitcoin Trust ETF…
Cramer reveals a sub-sector of technology that can withstand Trump tariffs
US stocks grappled with weakness this week after President Donald Trump confirmed tariffs on Canada and Mexico. Trump had proposed a 25% levy on both countries at the start of…
Nvidia’s investment in SoundHound wasn’t all that significant after all
SoundHound AI Inc (NASDAQ: SOUN) earnings this morning reminded investors that it’s more than just an AI firm that once received a vote of confidence from Nvidia Corp (NASDAQ: NVDA).On…