Apple shares AAPL gained 1.1% in trading on Thursday after the company unveiled its iPhone Duo, iPhone 18 Pro and iPhone 18 Pro Max at its latest product event. Wall Street analysts largely viewed the launch constructively, although opinions differed on the strength of the iPhone 18 product cycle and the impact of higher component
SpaceX (SPCX) stock fell around 4% on Wednesday to around $147, giving back most of Tuesday’s 3.7% gain as another major batch of shares became eligible for trading. The stock has nevertheless gained more than 7% over the past month. Wednesday’s decline came as the company’s third scheduled lockup tranche released up to 319 million
Solana is down 2% on Tuesday and is now trading around $102. However, several large derivatives traders are betting that the cryptocurrency will resume its recent uptrend. Five whale addresses on Hyperliquid opened a combined $9.11 million in SOL long positions between September 7 and September 8, according to CoinGlass data. The positions come ahead
Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and prospectus release date are coming out. Goldman Sachs and Morgan Stanley scoop major roles One of the closely-watched move whenever a company as large as
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins for its Claude Cowork system in February sparked a global selloff in software firms, with the US markets alone losing $300 billion in market value
President Donald Trump renewed pressure on the Federal Reserve to lower interest rates after stronger-than-expected August jobs data increased expectations of a September rate hike. US employers added 162,000 jobs in August, sharply exceeding forecasts and keeping the unemployment rate at 4.1%. Gold prices fell as stronger labor data boosted expectations for higher interest rates
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average fell 0.5% or 279.20 points, while the S&P 500 declined 0.38% and the Nasdaq Composite lost 0.3%. The selling came ahead of the three-day Labor
Nvidia stock gave up most of its early gains on Thursday, trading about 0.6% higher after rising as much as 2.5% at the open. The volatile movement follows the company’s announcement that it had agreed to acquire the open-source AI platform Hugging Face for $12.9 billion. The deal, which had been expected after The Information
PI price has risen 2.6% over the past 24 hours to roughly $0.0934 as traders position ahead of Pi Network’s expected Protocol 27 upgrade on Sept. 15. CoinGecko puts PI at $0.09337 at the time of writing, with the token also up 4% over the past seven days, 8.4% in two weeks and 13.7% over
Arbitrum has gained nearly 30% over the past 24 hours as record activity on Robinhood Chain and a sharp increase in trading volume have pushed ARB towards the $0.12 resistance level. CoinGecko data puts ARB near $0.11 at the time of writing, after the token climbed from roughly $0.085 and briefly traded close to $0.12.