Investing

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Investing

USD/TRY: Here’s why the Turkish lira has crashed to a record low

The Turkish lira continued its slow downtrend and reached its all-time low as traders waited for the upcoming interest rate decision. The USD/TRY exchange rate rose to 41.94, up by almost 20% from its lowest point this year. It has soared by over 450% in the last five years. Why the Turkish lira is crashing

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Investing

DAX Index shares to watch next week: SAP, BASF, Porsche

The DAX Index has remained in a tight range in the past few weeks as the recent bull run faded. It was trading at €23,766, down a bit from the year-to-date high of €24,635. It has jumped by 30% from its lowest point this year.  This article explores some of the best DAX Index constituents

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Ferrari stock price crash: here’s why RACE has plummeted

Ferrari stock price has crashed into a bear market this year after plunging by over 25% from its highest point in July. RACE was trading at $392, lowering its market capitalization to $94 billion, down from $124 billion in March. This article explores the top reasons why the stock has dropped recently.  Ferrari stock has

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S&P 500, Dow Jones, Nasdaq 100 crash explained: will they rebound?

The S&P 500, Dow Jones, and Nasdaq 100 indices and their exchange-traded funds (ETF) future continued their strong downward trend on Friday. Futures tied to the three indices fell by 60, 275, and 265 points, respectively.  This crash is a continuation of what happened on Thursday when they plunged by 0.63%, 0.65%, and 0.50%. Here

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Crypto market crash: Why are altcoins going down this week?

The crypto market crash that started on Friday accelerated this week, with top coins being in the red. Bittensor (TAO) price plunged by 14%, while Aster, Immutable, Zcash, PancakeSwap, and DoubleZero being the top laggards. This article explains some of the top reasons why the crypto crash is happening. Crypto market crash happened after last

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Barclays share price to soar as US investment banking growth soars

Barclays share price has moved sideways this week as investors focus on the ongoing earnings by its biggest American peers like JPMorgan, Goldman Sachs, and Morgan Stanley. BARC was trading at 380p, inside a range it has been in the past few days. This price is about 72% above the lowest level in April. US

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Very good news for semiconductor ETFs like SOXX and SMH

Top semiconductor ETFs have rallied in the past few years as the tailwinds in the AI industry continued. The VanEck Semiconductor ETF (SMH) jumped to a high of $348 this month, up by 100% from its lowest point in April.  Similarly, the iShares Semiconductor ETF (SMH) rose to $292, also up by 95% from its

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Rigetti stock analysis: $8 million revenue and $17 billion valuation?

Rigetti Computing stock price has gone vertical in the past few month, helped by the ongoing hype surrounding the quantum computing industry. This growth has pushed it from a penny stock trading below $1 into a $17 billion company.  Why Rigetti stock price is soaring Rigetti and other companies in the quantum computing industry, like

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Top crypto price predictions: Aster, Shiba Inu, Pi Network

The crypto market remained on edge on Wednesday morning as investors focused on the ongoing trade conflict between the United States and China, the two biggest economies globally. The crash also happened as investors reacted to last week’s liquidations, which affected at least 1.6 million traders.  This article provides a forecast for popular tokens like

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Metaplanet share price: Here’s why this Bitcoin treasury stock has crashed

The Metaplanet share price has been in a strong downward trajectory this year, and is now hovering at the lowest point since May this year. It has plunged by over 70% from its highest point this year, erasing billions of dollars in value. This article explores why it is in freefall. Metaplanet share price has

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