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Bybit to Launch Direct Stock Trading with USDT Stablecoin Integration
Crypto exchange Bybit is set to bridge the gap between digital and traditional markets with a new feature allowing users to directly trade major global stocks using the Tether (USDT) stablecoin. The initiative, announced Monday, is part of Bybit’s Gold & Forex product suite and aims to offer a seamless experience for those operating within…
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Evercore Upgrades Home Depot Ahead of Earnings, Sees Potential Return to $400
Evercore ISI has boosted its stance on Home Depot (NYSE:HD), adding the home improvement giant to its Tactical Outperform list just ahead of its upcoming Q1 earnings announcement scheduled for May 20. The firm anticipates Home Depot will maintain its full-year 2025 guidance, which includes a projected 2% drop in earnings per share to approximately…
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Dow Jones, S&P, Nasdaq, Debt Rating Downgrade May Lead To Pullback On Wall Street
The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a lower open on Monday, with stocks likely to give back ground after moving sharply higher over the previous week. Traders may look to cash in on last week’s rally, which lifted the major averages to their best closing…
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Nasdaq Top 5 Premarket Losers
Here are the top five losers by percentage on the Nasdaq before the market opened. Zapp Electric Vehicles Group Ltd (NASDAQ:ZAPP)Zapp Electric Vehicles Group Limited is a United Kingdom-based electric motorcycle company. The Company designs, manufactures, and sells high performance electric vehicles. Its debut product, the i300, is an urban electric high-performance two-wheeler capable of…
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Nasdaq Top 5 Premarket Gainers
Here are the top five gainers by percentage on the Nasdaq before the market opened. Protagenic Therapeutics Ltd (NASDAQ:PTIX)Protagenic Therapeutics Inc is a biopharmaceutical company focused on the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. It provides treatments for mood, anxiety, depression and neurodegenerative disorders by using peptide-based and brain…
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Market Moves: Futures Dip, Moody’s Downgrade, and Nvidia CEO’s Taiwan Remarks
U.S. stock futures declined modestly on Monday as investors digested Moody’s recent downgrade of the country’s credit rating. Moody’s highlighted concerns about America’s soaring multi-trillion dollar debt, which lawmakers in Washington are debating through a budget proposal that some experts fear could further increase the nation’s financial burdens. Meanwhile, market participants also tracked remarks made…
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Nvidia Plans AI Chip Shipments to China Next Quarter with Modified Blackwell Model Later, Says Nikkei
Nvidia (NASDAQ:NVDA) is set to begin delivering a new AI chip tailored to comply with U.S. export restrictions for China in the upcoming months, according to a report from Nikkei Asia over the weekend. Additionally, the company is preparing to release a modified version of its flagship Blackwell chip specifically for the Chinese market sometime…
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Weekly Preview: Dow Jones, Nasdaq, and S&P 500 Eye Retail Earnings and PMI Data
U.S. equity markets extended their momentum last Friday, with the S&P 500 posting its fifth consecutive gain. All three major indexes ended the week solidly higher despite softer consumer sentiment and persistent inflation worries. The S&P 500 climbed 0.7% to close at 5,958.38, while the Nasdaq Composite added 0.52%, finishing at 19,211.10. The Dow Jones…
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US Tech Giants Fall in Premarket Trading, Tesla and Nvidia Leading Losses
Monday’s premarket session saw notable declines among the top US technology stocks, with Tesla (NASDAQ:TSLA) and Nvidia (NASDAQ:NVDA) heading the sell-off within the so-called Magnificent Seven group. After a recent rally, investors appeared to take profits from these tech heavyweights, contributing to the downward momentum. Additionally, the mood was dampened by Moody’s recent downgrade of…
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Analyst: Bitcoin Bull Market May Have Five More Months to Run Based on Historical Trends
The current Bitcoin bull run could still have significant momentum left, according to a new analysis from Piper Sandler. Analyst Patrick Moley points to historical trends related to Bitcoin’s halving cycles as evidence that the rally may extend for several more months. “Historical data from previous Bitcoin halving cycles suggests that this bull market could…