Kevin Dietsch/Getty Images News U.S. President Joe Biden said European allies would curtail their investment in China if Beijing continues its “indirect help to Russia,” after NATO Secretary General Jens Stoltenberg declared that China is a “decisive enabler” of Russia’s war against Ukraine. Chinese President Xi Jinping should understand thatContinue Reading
Bitcoin price is on a downward trajectory. Over the past month, the cryptocurrency has dropped by 17%, hitting its lowest level since February 2024. Although there has been a slight rebound in the last five days with a gain of 1.33%, this minor uptick fails to offset the substantial fallContinue Reading
Adobe (NASDAQ:ADBE) shares continued gains for seven straight sessions, as the stock closed 0.4% up at $570 on Wednesday, its highest since March this year. The Photoshop maker gained nearly 8% in the preceding six sessions. The stock has lost about 5% so far this year, compared to the nearlyContinue Reading
MicroStockHub/E+ via Getty Images Bitcoin (BTC-USD) is set to fall 5.2% on a weekly basis, as the robust demand buoyed by the creation of spot BTC ETFs earlier in the year has cooled. “Bitcoin is facing some short-term headwinds as the market fears sell pressure from governments and Mt. GoxContinue Reading
Robert Way Luckin Coffee is preparing to enter Malaysia in partnership with a local franchisee, according to media reports in Asia. The coffee chain operator has a goal to grow rapidly over the next five years as part of its broad global strategy. Luckin Coffee (OTCPK:LKNCY) has been looking atContinue Reading
Dean Mouhtaropoulos/Getty Images News Exxon Mobil (NYSE:XOM) said Tuesday it may need to stop production at its Gravenchon refinery in northern France if striking workers continue to block access to the site. Blockades since Friday have prevented deliveries of goods and materials needed to maintain operations at the refinery, theContinue Reading
bunhill Chip giant Nvidia (NVDA) continues to attract massive attention from investors, as the stock and its related options remained “firmly” at the top of Interactive Brokers’ (IBKR) weekly list of the most-active symbols on its trading platform. Nvidia (NVDA) made history last week after it briefly became the world’sContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Starboard Value, which has accumulated a $500M stake in Autodesk (NASDAQ:ADSK), continues to call out issues it has with the current Board of Directors of the design software company. “We are writing to you today to highlight shareholders’ disappointment and dissatisfaction with Autodesk’s wholly inadequateContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures finished higher Monday, sparked by optimism over strong summer driving demand and the resurgence of geopolitical risk perception with rising tensions between Israel and Hezbollah, as prices continue to rebound from early June lows. After last week’s big drop in U.S. crude andContinue Reading
Investing.com – While continued its downward trend in June, it started the new week with a sell-off and fell to the $62,300 band. The recent selling pressure in Bitcoin is attributed to Bitcoin sales by crypto mining companies whose revenues have plummeted. Reports show that miners have sold more thanContinue Reading
