Uniswap (UNI) token has returned to the spotlight after Standard Chartered initiated coverage of the decentralised exchange token with a long-term price target of $100 by 2030. The bank’s forecast immediately grabbed the market’s attention, helping UNI surge 13.8% in 24 hours to $2.99 and outperform the broader cryptocurrency market. The move was accompanied by
Qualcomm (QCOM) shares moved higher on Tuesday as investors focused on the chipmaker’s expanding artificial intelligence ambitions. Investors also reacted to reports of a potential acquisition and expectations for new details on the company’s data-center strategy at an upcoming investor event. The stock gained about 3% in premarket trading to $228.09, extending a strong rally
Marvell Technology stock price remains in a strong bull run this year and is now hovering near its all-time high. MRVL jumped to $308 on Monday, up by 233% this year and 350% in the last 12 months, making it one of the top gainers in Wall Street. Will this rally continue this year as
US stocks opened higher on Tuesday, continuing from Monday’s strong performance. The Dow Jones Industrial Average rose 383 points after the blue-chip index closed at a record high in the previous session. The S&P 500 surged 1.65% while the Nasdaq 100 fell 0.19%. The S&P 500 trades at 32.59 times earnings, compared with 24.63 times
Binance, the world’s largest cryptocurrency exchange, is facing a major regulatory challenge in Europe. Its application for a license under the European Union’s new crypto framework is reportedly set to be rejected, potentially preventing the company from continuing to serve clients across the bloc after June. Two sources familiar with the matter told Reuters that
Shares of Rackspace Technology RXT climbed about 16% in trading on Tuesday after the cloud services provider announced a major infrastructure agreement with Advanced Micro Devices and announced a 15% cut in its global workforce. The company said it has signed a definitive agreement with AMD for the phased deployment of up to 30 megawatts
SpaceX stock price continued its strong rally on Monday, helped by the resilient demand from investors. SPCX jumped to a high of $192, up sharply from the IPO price of $135. Still, there is a risk that the stock will follow the same path as Circle (CRCL), Figma (FIG), and Klarna (KLAR) did after their
Jito (JTO) has moved up sharply after a strong intraday breakout that pushed the token to $0.8686, marking a 31.3% gain in 24 hours. The rally came alongside a significant expansion in trading activity, with 24-hour volume reaching $371.2 million, showing that the rally was supported by active participation rather than thin liquidity conditions. What
Tesla stock (TSLA) moved lower on Tuesday even as analysts grew more optimistic about the company’s near-term vehicle deliveries. Shares of the electric vehicle maker fell about 2% in early trading to $402.39, while the broader market was rallying, with the S&P 500 higher by roughly 1.6%. The decline came as SpaceX, Elon Musk’s rocket
The Filecoin price has slipped back under pressure, trading around $0.7804 after a 4.19% decline in the past 24 hours. The decline places the token just below the closely watched $0.80 psychological zone, an area that has acted as a stabilising level across recent trading sessions. The broader setup now reflects a market that is