Investing

PayPal stock suffered a sharp reversal in premarket trading after Stripe and Advent abandoned their much hyped bid to acquire the company. PYPL fell to $53, a decline of nearly 15% from its high this month. The retreat could deepen further as PayPal continues to grapple with substantial challenges. Stripe and Advent abandon PayPal bid

Hyperliquid Strategies (PURR) stock continued its strong rally, reaching a new record high as the HYPE token rally gained steam. PURR jumped to $14.15, up by over 140% from its lowest point in July, bringing its market capitalization to over $2.5 billion.  Hyperliquid Strategies is doing well as HYPE jumps Hyperliquid Strategies is a top

IREN stock retreated by over 6% in the premarket session as investors reacted to its financial results. It slipped to $38, down sharply from the year-to-date high of $70.60. This retreat happened even after the company reached a major milestone, with its AI revenue surpassing its Bitcoin mining operations. IREN stock drops after a major

Figma stock continued its recovery this week, reaching its highest level since March 5 this year. FIG jumped to $30.62, up by 81% from its lowest level this year, mirroring the performance of other top software companies like Salesforce, Adobe, and Palantir.  Figma stock joins the software rally Figma, a top player in the software

Rubrik stock price has had a rollercoaster this week. It jumped to a record high of $107.7 on Thursday and then pared back some of those gains after publishing its financial results. It dropped by over 7% and retested the crucial support level of $100. Rubrik published strong earnings Rubrik is a top company in

Adobe stock continued its strong rally this week, reaching its highest level since February this year. ADBE has soared by 52% from its lowest level this year, and this rally may continue after forming a golden cross pattern as its earnings loom. Adobe stock has formed a golden cross pattern The daily chart shows that

ServiceNow stock has remained in a strong bull run this month, moving to its highest level since January this year. NOW has soared to $138, up by 70% from its lowest level this year. This rally may continue as demand for its services continues and as a golden cross pattern nears. ServiceNow stock is set

The Kospi Index wavered on Thursday after the Bank of Korea (BoK) delivered a second interest rates hike as it battles with the relatively elevated inflation in the country. It also wavered as South Korean technology companies reacted to the strong Nvidia earnings report. Kospi Index wavers as South Korean central bank hikes A major