Bitcoin experienced a decline on Thursday following a short-lived rally driven by expectations of crypto-friendly policies under President Donald Trump. Despite initial optimism, the cryptocurrency market faced renewed volatility, with altcoins tracking Bitcoin’s losses. Bitcoin Highlights Bitcoin Price: Fell 2.9% to $102,600.2 by 00:54 ET (05:54 GMT). Record High: Briefly …
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Gold prices remained steady on Thursday, hovering near three-month highs, as the U.S. dollar softened following President Donald Trump’s cautious approach to implementing tariffs early in his second term. Gold Market Highlights Spot Gold: Unchanged at $2,755.14, near its highest level since late October. Gold Futures (Feb): Down 0.3% to …
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Netflix shares surged to a new all-time high on Wednesday, driven by a strong fourth-quarter earnings report that significantly exceeded market expectations. The streaming giant added a record 18.9 million subscribers, boosting revenue and earnings well above analyst forecasts.This impressive performance ignited a wave of optimism among investors, leading to …
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The US Dollar staged a partial recovery on Thursday, regaining some ground after a week of losses. Market participants continued to closely monitor headlines and assess the potential impact of recent policy shifts.US Dollar Index (DXY)The DXY attempted to regain strength, but a decisive move above the 108.00 level remained …
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The Dow Jones Industrial Average continued its upward trajectory on Wednesday, gaining approximately 100 points and inching closer to the 44,200 mark. This bullish momentum appears to be driven more by a lack of negative catalysts than by any significant positive drivers.The recent campaign trail filled with frequent threats of …
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Procter & Gamble (P&G) reported robust second-quarter earnings and revenue, exceeding Wall Street’s expectations. The company attributed this success to improved sales performance in key markets like the United States and China.P&G’s net income for the quarter reached $4.63 billion, translating to $1.88 per share, a significant increase from the …
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Bitcoin spot exchange-traded funds (ETFs) have witnessed a surge in investor interest, recording inflows exceeding $3 billion over the past four days. This has pushed the total net asset value of all bitcoin ETFs to $123.59 billion. Blackrock’s IBIT Leads the Charge Blackrock’s IBIT ETF emerged as the top recipient …
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Gold Gains Momentum Amidst Trade Tensions Overnight remarks from President Trump regarding incoming tariffs have been sufficient to drive gold prices higher. As the focus of tariffs shifts towards China and Europe, gold has shown strength for the third consecutive day. Trading at a new two-month high, gold is setting …
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Lagarde Commitment to Easing Monetary PolicyThe European Central Bank (ECB) is steadfast in its approach to interest rate cuts, maintaining a measured strategy to ease monetary policy, as stated by President Christine Lagarde. The ECB anticipates that inflation will sustainably reach its 2% target within the year, despite concerns about …
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Johnson & Johnson (NYSE:JNJ) reported fourth-quarter earnings and sales that exceeded analysts’ expectations, driven by strong demand for its cancer treatments and contributions from its recent acquisition of Shockwave Medical. Q4 Highlights Revenue: $22.52 billion, a 5.3% year-over-year increase. Adjusted EPS: $2.04 per share, down 11% YoY but above analysts’ …
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