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Gold Pulls Back Below $4,000 But Set for Weekly Gain
Barrons· 2025-10-10 09:25
ByGiulia Petroni, Dow Jones NewswiresGold prices slipped back beneath the $4,000 mark, but remain on track for an eighth consecutive weekly gain as structural drivers stay in place.Futures in New York rose 0.2% to $3,982.10 a troy ounce in early trade and are up 1.9% on week.The retreat from record highs reflects profit-taking pressures and easing geopolitical risks after Israel signed off on President Trump's plan for a cease-fire and hostage release in Gaza. ...
PEPE Falls 7% as Trading Volumes Surge and Memecoin Market Faces Broader Pullback
Yahoo Finance· 2025-10-08 12:34
Popular meme-inspired cryptocurrency PEPE has seen a 7% drop in the last 24-hour period, while trading volumes topped 2.29 trillion tokens, according to CoinDesk Research's technical analysis data model. The token slid from $0.00000995 to $0.00000931 during the sell-off, testing key technical support near the $0.0000093 mark. This zone briefly attracted buyers, but the broader trend remained under pressure. PEPE’s price hit a high of $0.00001014 early in the session before sellers pushed the asset into a ...
Crypto Markets Today: Gold Surges Past $4K as Bitcoin Rebounds; BNB Chain Defies Market Cool-Off
Yahoo Finance· 2025-10-08 12:00
The dollar index's recovery rally gathered steam early Wednesday, but that did not deter gold from climbing to new highs above $4,000. Bitcoin, too, has recovered from Asian session lows near $121,000 to trade near $122,750 at press time. The cryptocurrency is still down 1.3% on a 24-hour basis. The CoinDesk 20 Index is down over 3% at 4,229 points. Gold tokens, XAUT and PAXG, trade higher, taking cues from the spot gold prices. Meanwhile, BNB, CAKE and HASH traded higher on a 24-hour basis. Analysts ret ...
Gold, silver, and platinum rocket higher as geopolitical, industrial, and investment drivers overpower profit-taking – Heraeus
KITCO· 2025-10-06 15:26
Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...
Why Qualcomm Stock Tumbled on Thursday
Yahoo Finance· 2025-09-25 22:21
Key Points The company put a bow on its annual Snapdragon Summit. It introduced new processors to the public. 10 stocks we like better than Qualcomm › Sturdy semiconductor company Qualcomm (NASDAQ: QCOM) was looking a touch shaky on the stock exchange on Thursday. After something of a rally coinciding with its annual Snapdragon Summit, it fell by more than 2%. Contributing factors included profit-taking, concerns about newly announced chips, and an analyst recommendation downgrade. The summit conc ...
STBL Price Falls 25% From All-Time: Has The Binance Craze Ended?
Yahoo Finance· 2025-09-25 13:55
Core Insights - STBL has experienced a significant correction of 25% from its all-time high, indicating a potential decline in investor enthusiasm following a strong rally driven by major exchange listings [1][3]. - The Chaikin Money Flow (CMF) indicator suggests weakening investor confidence, with signs of capital outflows as investors take profits after reaching the all-time high [2][3]. - Technical indicators, particularly the Moving Average Convergence Divergence (MACD), are nearing a bearish crossover, which historically signals the end of upward trends for STBL [6][7]. Price Performance - Currently, STBL is trading at $0.47, down 17% from its recent peak of $0.61 within the last 24 hours, reflecting both technical weaknesses and diminishing enthusiasm from exchange-driven hype [8]. - If bearish signals materialize, STBL could break below the $0.44 support level, potentially leading to a further decline to $0.40, increasing selling pressure [8]. - Conversely, if STBL can maintain the $0.44 support, there is a possibility for recovery, with potential price movement towards $0.52 and possibly back to the $0.61 all-time high if investor confidence is restored [8].
Oil News: Crude Drops on Demand Weakness, Profit-Taking, and Kurdish Oil Return
FX Empire· 2025-09-25 12:54
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Profit-taking hits the AI trade again, and Instagram reaches 3 billion monthly users
CNBC· 2025-09-24 18:55
Market Overview - Stocks are experiencing a decline for the second consecutive session, pulling back from record highs achieved on Monday, primarily due to profit-taking and market pushback [1] - The AI trade had previously driven the market to record levels, but some of the best-performing stocks are now giving back a portion of their gains, with Oracle and Micron leading the tech sector down [1] Meta Platforms - Meta Platforms' CEO Mark Zuckerberg announced that Instagram has reached 3 billion monthly active users, surpassing both Facebook and WhatsApp, which also crossed the 3 billion mark earlier this year [1] - Instagram's growth in engagement is attributed to the focus on Reels, a short-form video feature, and the use of artificial intelligence to enhance recommendation systems, leading to increased time spent on the app [1] - Meta is making changes to the Instagram app to prioritize private messaging and Reels, and is testing features that allow users to open directly into Reels, indicating a strategy to optimize user engagement and maximize advertiser returns [1] Upcoming Reports and Economic Data - KB Home is set to report earnings after the market closes on Wednesday, while Accenture and Jabil will report before the market opens on Thursday [1] - A range of economic data will be released on Thursday, including the third read on second-quarter GDP, durable goods orders, and existing home sales, alongside initial jobless claims which provide insights into the labor market [1] - Recent trends show that bond yields have risen following a significant drop in initial jobless claims, which has impacted stocks like Home Depot that are reliant on lower interest rates to stimulate housing demand [1]
Gold, silver see profit-takers ringing the cash register
KITCO· 2025-09-24 16:34
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another. Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a ...
$ASTER Price Recovers After Explosive 33% Loss, What Next?
Yahoo Finance· 2025-09-22 09:22
Group 1 - The $ASTER token experienced a significant decline of 33% from its peak value shortly after its launch, but has begun to rebound [1][6] - The token reached a high of approximately $1.94 at launch, but fell to a low of $1.33 before recovering to around $1.60 [2][6] - Trading volumes for $ASTER have been substantial, reaching nearly $2 billion in a single day, indicating strong activity among early buyers and sellers [3] Group 2 - $ASTER is positioned as a competitor to Hyperliquid, backed by Binance founder CZ and YZi Labs, and distributed 704 million tokens to early participants [4] - Analysts suggest that the recent price dip may have been driven by profit-taking after an initial surge, but signs of recovery are emerging [6][7] - Whale accumulation appears to be increasing post-dip, and if this trend continues, $ASTER could target a price of $2.50 [7]