SNAP stock falls over 5% as investors question demand for high-priced augmented reality glasses in a competitive market. Snap launched its augmented reality glasses, SPECS, priced at $2,195, more than triple the cost of Meta’s Ray-Ban smart glasses. The product targets the
Brent crude futures fell to lowest level since March Brent crude futures dropped below $79 per barrel on Tuesday, its lowest level since March. The decline follows a peace agreement between the United States and Iran. The agreement includes the reopening of
Silver prices stabilize at the 200-day SMA ahead of the Federal Reserve’s policy announcement, capping directional bets. Silver (XAG/USD) trades near $70.00, unchanged on Tuesday, after retaking its 200-day Simple Moving Average (SMA) as traders await the Federal Reserve’s
Tokenized SpaceX stock SPCX drove over half the volume, surpassing $105 million in trading on Solana. Tokenized equities on Solana reached a 24-hour spot volume record of $187.9 million, led by strong trading activity in tokenized assets. The surge was driven primarily by
Markets brace for potential volatility as new Fed Chair navigates first press conference with inflation at 4% and policy clarity in question. New Federal Reserve Chair Warsh prepares for his inaugural press conference Wednesday, a high-stakes event where early missteps by
Bitcoin remains near $66,000 despite Japan’s first rate hike to a three-decade high, defying expectations of a crypto selloff. The Bank of Japan raised its benchmark interest rate to around 1%, the highest level in over 30 years, citing inflation risks tied to rising oil p
U.S. technology and tech-related stocks reach a record 60% share of total market capitalization, surpassing the dot-com era peak. Technology and tech-related stocks now represent nearly 60% of the total U.S. market capitalization, according to recent data. This marks a his
SpaceX rises 9% to $2.78 trillion valuation SpaceX saw its valuation rise to $2.78 trillion, a 9% increase, bringing its total gains to 40% since last week. The company's valuation now surpasses that of Amazon and is merely $200bn below Microsoft's. This su
The last time Nvidia (NVDA) went to the investment-grade bond market was 2021, when the company generated about $27 billion in annual revenue and AI had not yet become the defining story of the technology sector. On June 15, the company returned, and the response from inve
Quick Read - ABBV trades at 17x forward earnings despite 12% revenue growth, leaving shares roughly 35% below the 2030 bull case target of $300. - A $744 million IPR&D charge slashed net income 46%, but management raised full-year EPS guidance to $14.28, signaling underlying...</
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