These shares are having a tough time on hump day. But why?The post Why Hot Chili, Jumbo, PYC, and Xero shares are sinking today appeared first on The Motley Fool Australia.
Software stocks have plunged 8 per cent on fears the industry will be disrupted by artificial intelligence.
Leading cryptocurrencies plunged deeper on WednesdayCryptocurrency24-Hour Gains +/-Price (Recorded at 8:30 p.m. ET)Bitcoin (CRYPTO: BTC)-3.16%$76,338.32Ethereum (CRYPTO: ETH) -3.47%$2,267.32XRP (CRYPTO: XRP) -1.28%$1.59Solana (CRYPTO: SOL) -4.43%$99.23Dogecoin (CRYPTO: DOGE) +0.05%$0.1076Post-Trump Rally ReversedBitcoin tumbled below $73,000 to touch its lowest level since November 2024, wiping nearly all of the gains since President Donald Trump assumed office.Ethereum sank to a nine-month low of $2,100, while Dogecoin traded flat, helped by Elon Musk's latest endorsement.Meanwhile, shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR), closed down 4.56% and 1.97%, respectively.Over $750 million was liquidated from the market in the last 24 hours, according to Coinglass, with a whopping $550 million in long liquidations alone.Bitcoin's open interest fell 2.85% to $50.84 billion. At its peak in October 2024, the open interest was over $94 billion.The "Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.Top Gainers (24 Hours) Cryptocurrency (Market Cap>$100 M)Gains +/-Price (Recorded at ...Full story available on Benzinga.com
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday after registering over 1% gains in the previous session. The AUD/USD pair holds ground after China's Services Purchasing Managers' Index (PMI) rose to 52.3 in January from 52.0 in December.
The local bourse is edging lower, tracking a Wall Street dip, a day after the Reserve Bank hiked interest rates for the first time since 2023.
We came across a bullish thesis on Figure Technology Solutions, Inc. on Valueinvestorsclub.com by raf698. In this article, we will summarize the bulls’ thesis on FIGR. Figure Technology Solutions, Inc.’s share was trading at $52.31 as of February 2nd. FIGR’s trailing P/E was 228.86 according to Yahoo Finance. Figure Technology Solutions, Inc., a financial technology company, provides blockchain-based products [...]
Mention of raising the minimum wage got Gov. Josh Shapiro a hearty reception at Tuesday's budget address, but if past is prologue, will the proposal go anywhere in the Legislature?
SHANGHAI, Feb. 3, 2026 /PRNewswire/ -- A news report from english.shanghai.gov.cn
The largest cryptocurrency extended its almost four-month slide, falling below $74,424.95, the lowest price of 2025.
Hong Kong stocks fell on Wednesday, dragged by technology heavyweights, as speculation about higher value-added taxes weighed on sentiment.The Hang Seng Index dropped 0.1 per cent to 26,797.05 at the open, after falling 0.2 per cent Tuesday. The Hang Seng Tech Index fell 0.9 per cent. On the mainland, the CSI 300 Index lost 0.3 per cent and the Shanghai Composite Index slipped 0.1 per cent.Tech giants were among major losers, as rumours persisted that Beijing could follow up an adjustment of...
We came across a bullish thesis on IREN Limited on Investment Ideas by Antonio’s Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on IREN. IREN Limited’s share was trading at $53.08 as of February 2nd. IREN’s trailing and forward P/E were 34.39 and 55.87 respectively according to Yahoo Finance. IREN Limited operates in the vertically integrated data center business in Australia and Canada. IREN is uniquely positioned to capitalize on [...]
BitcoinWorldCrypto Winter Debunked: Tiger Research Reveals Why This Downturn DiffersSingapore, April 2025 – A new analysis from Tiger Research challenges the pervasive narrative labeling the current market correction as a ‘crypto winter,’ arguing the downturn stems from external macroeconomic pressures rather than an internal collapse of trust within the blockchain ecosystem. This crucial distinction, detailed in their report “2026 Is It Crypto Winter Now? [...]This post Crypto Winter Debunked: Tiger Research Reveals Why This Downturn Differs first appeared on BitcoinWorld.