March 19, 2025
Alphabet to buy Wiz for $32 billion in its biggest deal
Alphabet will buy fast-growing startup Wiz for about $32 billion in its biggest deal ever, the Google parent said Tuesday, as it doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft. The last session saw Google’s stock drop 2.0%. The CCI is giving a positive signal.Support: 149.33 | […]
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March 19, 2025
Despite BTC correction, Bitcoin beats global assets post-Trump election
Bitcoin managed to outperform the other major global assets, such as the stock market, equities, treasuries and precious metals, despite the recent crypto market correction coinciding with the two-month debt suspension period in the United States. The Bitcoin-Dollar pair fell 2.6% in the last session after a 3.5% intra-session dip. The Ultimate Oscillator is giving […]
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March 18, 2025
US retail sales rise slightly as economic uncertainty mounts
U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy against the backdrop of tariffs and mass firings of federal government workers.
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March 18, 2025
Crypto ETPs see $1.7B in outflows, longest streak since 2015
Cryptocurrency exchange-traded products continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market. After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion
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March 18, 2025
UK stocks kick off week higher as commodity-linked shares advance
British stocks closed higher, driven by energy and mining shares, while investors geared up for a slew of central bank decisions this week including from the Bank of England. The benchmark FTSE 100 index rose 0.6%.
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March 17, 2025
Gold pops above $3,000 for first time
Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a historic rally in the safe-haven asset to seek cover from economic uncertainty sparked by U.S. President Donald Trump’s tariff war. The Gold-Dollar pair saw a minor dip of 0.1% in the last session. The ROC’s is […]
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