Crude oil prices rose on Hyperliquid as Iran issued a list of demands for reopening of the Strait of Hormuz. WTI perpetual futures jumped to $77.67, while Brent, the global benchmark, soared to $83. This rebound may continue in the new week as tensions between the US and Iran remains. Iran has issued a list […]Read More
Twilio stock price jumped to its highest level since January 2022 after publishing strong financial results. TWLO hit a high of $248, up by over 500% from its lowest level in 2023, with its market capitalization hitting over $37 billion. Twilio’s business is gaining momentum Twilio has become one of the best-performing software companies in […]Read More
Crude oil price jumped for the third consecutive day, with Brent hitting a high of $83.75, up by 7.30% from its lowest level this week. This rebound happened after China boosted its oil purchases and after Iran published details of the Strait of Hormuz reopening. China boosts oil purchases One reason why crude oil prices […]Read More
Rolls-Royce share price continued its strong rally this week and is now sitting at a record high of 1,570p. It has jumped by over 46% from its lowest level this year and by 1,295% in the last five years, making it one of the best-performing companies in the FTSE 100 Index. So, why has this […]Read More
The Hang Seng Index has rebounded, moving from the June low of 22,516 to a high of 26,200. It has jumped to its highest level since May 15, and is about to form a golden cross pattern as technology companies recover. Key technology stocks in Hong Kong have jumped The Hang Seng Index has done […]Read More
HSBC share price wavered today after the company published strong financial results, mirroring the performance of other European banks. It was trading at 1,575p on August 4, a few points below this week’s high of 1,608p. It has jumped by 31% this year, outperforming the FTSE 100 Index and the Invesco KBW Bank ETF (KBWB). […]Read More
The USD/JPY exchange rate has dropped to the crucial support level of 155.20, its lowest level since May 6, as the Japanese yen continues to outperform most major currencies this year. The pair has retreated by more than 4% from its year-to-date high, highlighting the dollar’s recent weakness. This article explores why the Trump administration […]Read More
The USD/JPY exchange rate tumbled to its lowest level since May 14 as investors reacted to last week’s Federal Reserve and Bank of Japan (BoJ) interest rate decisions and the latest interventions by the US and Japanese authorities. It plunged to 157.45, down by over 4% from the year-to-date high. Japanese yen surges on US […]Read More
Palantir stock price remained under pressure this week as traders waited for the second-quarter earnings. PLTR was trading at $122.26, down by over 40% from its highest point this year, erasing some of the gains it made last year. This retreat will be put to the test as it publishes its financial results. Palantir Technologies […]Read More
International Consolidated Airlines (IAG) share price dropped to 414p and then bounced back after the company published mixed financial results amid the ongoing US-Iran war. IAG was trading at 435p at the time of writing, down by 12% from its highest point this year. IAG ditches its growth plans IAG, the parent company of British […]Read More