Workday stock price has slipped into a technical bear market, moving from a record high of $310 in 2024 to the current $155. It is hovering at its lowest level since 2024, and has become a bargain as investors dump software companies. Workday stock has crashed amid software jitters Workday is a top software company
CVS Health delivered a stronger-than-expected fourth quarter, beating Wall Street estimates on both earnings and revenue as the company presses ahead with a multi-year turnaround. The results underline a period of stabilisation after a challenging 2024, with management reaffirming long-term profit and revenue targets despite policy changes and pricing pressure across the healthcare sector. Investors
Pump.fun (PUMP) has lost 4% of its value on Tuesday as the broader cryptocurrency market has underperformed since the start of the week. The launchpad token remains at risk of further downward movement as 10 billion PUMP will unlock on Tuesday. Furthermore, retail interest has been declining, another factor that contributes to PUMP’s bearish trend.
Brazil is reviewing a trade deal announced between the United States and Argentina last week, citing suspicions that the agreement would violate South American trade bloc Mercosur’s rules, three sources familiar with the matter told Reuters. Brazilian diplomats are reviewing the document released by Washington on Friday to determine the scope of the deal. The deal
US stocks moved higher on Tuesday, with the Dow Jones Industrial Average setting another all-time high, as investors digested weaker-than-expected retail sales data and looked ahead to key labor market and inflation reports later in the week. The Dow Jones Industrial Average rose 239 points, or about 0.5%, extending its recent run of record highs.
Although the results fell short of analysts’ forecasts, Mexican cement producer Cemex reported a 16% increase in fourth-quarter core profitability, supported by cost-cutting measures and higher product prices. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose to $781 million for the quarter, the company said. This missed the $795 million estimate from analysts surveyed
Playnance has made its first public announcement, introducing itself as a Web3 infrastructure and consumer platform that has been operating a live ecosystem focused on onboarding mainstream Web2 users into on-chain environments. The platform serves as a Web2-to-Web3 gaming infrastructure layer, working with more than 30 game studios to convert thousands of titles into fully
Coinbase stock price continued its strong downward trend this year, reaching its lowest level since April last year. COIN dropped to $166, down by 62% from its all-time high. This article explores what to expect as the stock continues its downward momentum. Coinbase stock has crashed amid the ongoing crypto sell-off COIN stock price continued
The Bank of England opted to keep its benchmark interest rate at 3.75% on Thursday, meeting market forecasts but revealing a deeply divided Monetary Policy Committee (MPC) as the decision was marked by a narrow 5-4 split. Despite the hold, the central bank signaled that a further reduction is likely in the coming months, provided
The European Central Bank (ECB) kept interest rates unchanged on Thursday, signalling confidence that inflation will stabilise over time even as recent data show price pressures easing. The decision, which was widely anticipated by markets, reflects a cautious approach shaped as much by global uncertainty as by domestic economic trends. Policymakers left their core policy