Yearly Archives: 2024

Ethereum Price Forecast: Support Breaks on November 5, 2024

Ethereum (ETHUSD) has decisively broken below the $2,432 support level, settling under it and indicating a period of negative pressure in the upcoming sessions....

Bitcoin Price Forecast: Continued Decline on November 5, 2024

Bitcoin (BTCUSD) has resumed its downward trajectory, recently reaching the $67,000 mark. This movement reinforces expectations of a persistent bearish trend in the short...

Palantir Stock Price Levels to Watch Following Earnings Surge

Palantir Technologies Inc. experienced a significant jump in its stock price during after-hours trading on Monday, following the company's impressive third-quarter earnings results and...

Weak Corporate Earnings Weigh on Indian Stocks and Fuel Foreign Capital Outflows

BENGALURU – The Indian stock market is currently facing challenges as foreign capital continues to flee and corporate earnings fall short of expectations. Analysts...

3 ASX Stocks Trading Below Their Fair Value Amid Market Decline

The Australian stock market has recently faced a downturn, with the ASX200 closing down 0.4% at 8,131 points. This decline occurred as all sectors...

Nvidia to Replace Intel on Dow Jones: A New Era for the Chip Giant in Top-Tier Stocks

In a significant shift for the Dow Jones Industrial Average, chip giant Nvidia is set to replace Intel in the prestigious index starting November...

Mid and Small-Cap Stocks Outlook: Worst Not Over Yet, Analysts Caution

The ongoing correction in mid and small-cap stocks (SMID) is expected to continue, according to analysts who voiced concerns on Monday. The Nifty MidCap100...

Rupee Slips to Record Low, Pressured by Slide in Local Equities

MUMBAI, Nov. 4 — The Indian rupee fell to an all-time low on Monday, reaching 84.11 against the U.S. dollar, surpassing its previous record...

U.S. Dollar Closes Lower on Taipei Forex Market

Taipei, Nov. 4 — The U.S. dollar experienced a decline against the Taiwan dollar on Monday, falling by NT$0.007 to close at NT$31.961. During the...

8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Goldman Sachs Predicts Gold Prices Could Reach $3,000 by End of 2025

Gold prices are poised to reach $3,000 per troy ounce by the end of 2025, according to Lina Thomas, a commodities strategist at Goldman...

BCG Estimates Tokenization Could Boost Mutual Fund Returns by $100 Billion

Boston Consulting Group (BCG) has recently published a whitepaper in collaboration with Aptos Ascend and Invesco, predicting that the tokenization of mutual funds could...

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