Salesforce stock price remained under intense pressure in November as concerns about the company’s AI business continued. CRM was trading at $230 on Monday, down by 37% from the year-to-date high, making it one of the top laggards in the Dow Jones Index. So, will the CRM stock rebound or continue crashing ahead of its
Borrow cheap yen, invest in higher-yielding assets, pocket the spread: repeat with leverage. That simple idea, known as the yen carry trade, has fueled enormous profits for hedge funds and global investors for decades. But when market conditions shift, this strategy unravels spectacularly, wiping out positions and triggering cascading selloffs across global markets. Today, with
The S&P 500 Index has rebounded in the past few days and is hovering near its all-time high. It rose for five consecutive days, as fears of an AI bubble cooled and as odds of a Federal Reserve interest rate cut rose on Polymarket. Here are some of the top catalysts for the blue-chip S&P
The NZD/USD exchange rate continued rising, crossing an important resistance level as a new Central Bank governor takes charge. The New Zealand dollar rose for six consecutive days, moving from a low of 0.5581 on November 20 to the current 0.5735. New Zealand signals end of cuts The NZD/USD pair has rebounded in the past
Silver price rallied to a fresh all-time high on Friday as a slump in Chinese inventories heightened supply concerns. This comes a few weeks after the recent silver squeeze in London that pushed prices to the record high hit in late October. Besides, bets on a 25-basis-point rate cut during the Fed’s December meeting have
The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has remained this year. Zimbabwe pledges not to abandon the US dollar The Zimbabwe ZiG currency was unchanged after President Mnangagwa announced that
The USD/CHF exchange rate has remained in a narrow range in the past few months as investors watched trade relations between Switzerland and the United States. It has remained inside the support of 0.7865 and the resistance at 0.8152. So, what’s next for the Swiss franc? Franc steady after the US and Switzerland deal The
The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p on Thursday, down by 35% from the year-to-date high. Flutter Entertainment faces a £500 million headwind Flutter, the parent company of Fanduel, Sky Betting, Paddy
Tilray stock price has attempted to rebound this week as it rose in the last three consecutive days. It rose to a high of $1.03 in New York, up from this month’s low of $0.8740. This article explores some of the top reasons why the TLRY shares have more downside. Tilray stock is at risk
CoreWeave stock price has been in a strong downtrend in the past few months, leading to a $52 billion wipeout as its market cap dropped from $88 billion in June to $35 billion. It has dropped from the year-to-date high of $187.16 to $71.30. So, will it rebound as insiders sell? CoreWeave stock at risk