President Trump’s tariffs will remain in effect for now after a federal appeals court ruled Tuesday to pause a lower court decision that had blocked them. The U.S. Court of Appeals for the Federal Circuit granted the stay and scheduled an expedited review of the case, which centers on whether Trump exceeded his authority under federal law. The case involves ...
The latest trading tales of Hyperliquid whales like Andrew Tate and James Wynn underscore that fortunes can be made and lost in the blink of an eye in the DeFi space. Andrew Tate’s recent X post highlights a staggering 138.5% gain on an Ethereum long position with 25x leverage on Hyperliquid. This impressive trade starkly The post Andrew Tate Joins ...
The brutal correction witnessed over the past week is undone as Dogecoin (DOGE) surged to a five-day high of $0.19. This bull trend is reflected across other altcoins, causing the crypto market capitalization to add $100 billion as of June 10. Blockchain data shows that the odds of a sustained Dogecoin price rally are high The post Dogecoin Price Rally ...
Sector Rotation: A Week of Stability Amidst Market Dynamics Last week presented an intriguing scenario in our sector rotation portfolio. For the first time in recent memory, we witnessed complete stability across all sector positions — no changes whatsoever in the rankings. (1) Industrials – (XLI) (2) Utilities – (XLU) (3) Consumer Staples – (XLP) (4) Communication Services – (XLC) ...
There are a few very different setups unfolding this week that are worth a closer look: two software-related names that are struggling to reclaim their winning ways, plus one lovable and reliable stock wagging its tail in the spotlight. Let’s break it down. Adobe (ADBE): Mind the Gaps Adobe Systems, Inc. (ADBE) has been a heartbreaker for investors over the ...
Metaplanet stock pumped a solid 20% on Monday’s trading session on Tokyo Stock Exchange, as the firm overtakes McDonalds Japan, with its valuation soaring to 927 billion Japanese Yen. Today’s price surge comes as the firm announced $5.4 billion fundraise last Friday, to finance its upcoming bitcoin purchase. Amid accelerated BTC buying this year, the The post Bitcoin-Proxy Metaplanet Stock ...
The U.S. The Securities and Exchange Commission task force has taken a significant step this year, hosting an SEC crypto roundtable to discuss the industry’s key issues and potential solutions. Four such SEC crypto meetings have already taken place, and the last one, titled “DeFi and the American Spirit,” will take place today. Let’s discuss The post Here’s What to ...
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses. ‘The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it,’ Trump wrote Thursday on Truth Social. ...
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view Thursday took appeared to take a breather heading into the weekend. Shares in the electronic vehicle maker gained as much as 5% amid broader market gains following a report showing ...
Statistics Canada released its May Labour Force Survey on Friday (June 6). The data showed that nearly 9,000 new jobs were added to the workforce during the month. The news surprised analysts who were expecting losses of 12,500 as the effects of US trade tariffs began to be felt in the Canadian economy. The biggest contributors to the gains were ...
Here’s a quick recap of some of the most impactful resource sector news items for the week. The period saw the Ontario government back the Marathon copper-palladium project, while Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) opened up a US$2 billion iron ore mine. Elsewhere, Indonesia suspended nickel mining in a protected region, and Chile debuted a solar-powered model to cut water-pumping energy use ...
This week has been quite lively for Bitcoin (BTC) fans, as there were 42 exciting updates during those days. @btcNLNico on X has given an update that a total of 16 firms have adopted Bitcoin treasury strategies, among which five have already invested about $10.2 million in it. Investing A Huge Amount in Bitcoin Treasury The post 16 Companies Announced ...