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Why Shopify Stock Skyrocketed Last Week
Key PointsShopify's second-quarter results beat Wall Street's sales and earnings targets. Artificial intelligence played a big part in improving sales momentum and margin performance in the quarter. Shopify expects strong sales growth to continue in the current quarter. 10 stocks we like better than...The Motley Fool
Mon, Aug 11
Cryptocurrencies
Pudgy Penguins taps into the Latin American market with Ripio listing
Pudgy Penguin (PENGU), which started as an Ethereum-based Non-Fungible Token (NFT) collection, announced the listing of its Solana (SOL)-based token on Ripio on Monday, expanding into the Latin American market following the Arkham Intelligence listing on Friday.Fxstreet
Mon, Aug 11
Cryptocurrencies
Ethereum Price Could See $6K This Month; PEPE, ENA Skyrocket But Could $LBRETT Be The 10,000% Play?
Ethereum price momentum is building, with bullish traders eyeing the $6K mark before month’s end. Alongside ETH’s potential surge, meme coin PEPE and scaling-focused Ethena (ENA) are capturing headlines. Yet, speculation is mounting over whether $LBRETT could emerge as the market’s most explosive opportunity, promising eye-watering percentage gains. Ethereum Performance and Price Outlook Ethereum price […]Cryptopolitan
Mon, Aug 11
Cryptocurrencies
XRP Price Could Explode To $3.8 Amid Trend Continuation
XRP has shown a lot of potential after its price bounced off a major trendline and has now been able to turn previous resistance levels back into support. As the crypto market looks to be in an uptrend, it is likely that the XRP price could see a continuation of the current bullish trend going into ...NewsBTC
Mon, Aug 11
Forex
GBP/JPY Price Forecast: Looks set to reclaim 200.00
The GBP/JPY pair trades almost flat around 198.60 during the late Asian trading session on Monday. The pair strives to extend its four-day winning streak, with investors awaiting the United Kingdom (UK) labor market data for three-months ending June, which is scheduled to be released on Tuesday.
Fxstreet
Mon, Aug 11
Commodities
Copper hits over one-week high on softer dollar, China demand hopes
BEIJING, Aug 11 (Reuters) - Copper futures climbed on Monday to hit their highest in more than a week, aided by a softer dollar and China demand hopes, even though supply concerns eased after Codelco got the nod to restart operations at the El Teniente mine in Chile.Reuters
Mon, Aug 11
Commodities
WTI holds below $63.00 as traders await possible US-Russia meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.75 during the early Asian trading hours on Monday. The WTI remains under selling pressure after posting the steepest weekly losses since late June in the previous session.
Fxstreet
Mon, Aug 11
Forex
Bessent says new Fed chair should be someone who can examine organization, Nikkei reports
TOKYO, Aug 11 (Reuters) - U.S. Treasury Secretary Scott Bessent said the new Federal Reserve chair should be someone "who can examine the whole organization" as the Fed's mission has included so many things outside of monetary policy and has put its independence at riskReuters
Mon, Aug 11
Stocks
Why CoreWeave Stock Skyrocketed Last Week
Key PointsCoreWeave stock saw big gains in connection with news that its buyout of Core Scientific could be blocked. CoreWeave has entered into terms to buy Core Scientific in a $9 billion all-stock deal. Shareholders of both companies have some reservations about the acquisition deal. 10 stocks we ...The Motley Fool
Mon, Aug 11
Forex
EUR/USD strengthens to above 1.1650 on ECB’s cautious stance
The EUR/USD pair climbs to near 1.1675 during the early European session on Monday. The Euro (EUR) strengthens against the US Dollar (USD) due to a potential meeting between US President Donald Trump and Russian President Vladimir Putin on Friday to end sanctions.
Fxstreet
Mon, Aug 11
Cryptocurrencies
Asian stocks rose slightly while the dollar held steady
Asian shares edged higher on Monday, lifted by strong corporate earnings that kept technology sector valuations near record highs, as investors awaited a key U.S. inflation report expected to influence bonds and the dollar. Japan’s Nikkei 225 index remained closed due to a holiday, but futures inched up to 42,465, pointing to a possible test […]Cryptopolitan
Mon, Aug 11
Technical Analysis
Cardano Price Forecast: ADA bulls eye next leg higher as Open Interest climbs to $1.44 billion
Cardano (ADA) price trades higher above $0.82 at the time of writing on Monday after gaining nearly 11% in the previous week. Derivatives data suggest further gains as ADA’s Open Interest (OI) is rising alongside positive funding rates, suggesting bullish sentiment among traders.
Fxstreet
Mon, Aug 11
Forex
NZD/USD trades with negative bias around mid-0.5900s ahead of US-China tariff truce deadline
The NZD/USD pair ticks lower at the start of a new week and moves further away from over a one-week top touched on Friday, though it lacks follow-through selling. Spot prices currently trade around mid-0.5900s, down less than 0.10% for the day, amid mixed fundamental cues.
Fxstreet
Mon, Aug 11
Stocks
INDIA STOCKS-Indian equity benchmarks inch higher led by SBI, Grasim Industries
By Bharath Rajeswaran and Vivek Kumar M Aug 11 (Reuters) - India's equity benchmarks inched higher on Monday, led by gains in Grasim Industries and State Bank of India on upbeat quarterly earnings, while uncertainty over U.S. tariffs on Indian goods capped gains.The Nifty 50 .NSEI rose 0.3% t...Reuters
Mon, Aug 11
Other
EXCLUSIVE-USPS blocks shipping of illicit vapes in boost for Big Tobacco
US is largest market for smoking alternativesOnly 39 e-cigarette products are authorised for sale thereOther sellers of unauthorised vapes could be blockedDemand Vape contests the revocationBy Emma Rumney LONDON, Aug 11 (Reuters) - The U.S. Postal Service has cracked down on distributors of unreg...Reuters
Mon, Aug 11
Forex
USD/INR opens marginally higher on India Rupee’s continued underperformance
The Indian Rupee (INR) opens slightly negative around 87.70 against the US Dollar (USD) at the start of the week. The USD/INR ticks up as the Indian Rupee continues to underperform due to United States (US)-India trade tensions.Fxstreet
Mon, Aug 11
Forex
USD/CHF falls toward 0.8050 as traders expect multiple rate cuts by Fed
USD/CHF loses ground after two days of gains, trading around 0.8060 during the Asian hours on Monday. The pair edges lower due to rising odds of the Federal Reserve (Fed) delivering multiple rate cuts by the end of this year.
Fxstreet
Mon, Aug 11
Stocks
Australia's ARB Corp rises, Jefferies sees upbeat outlook
** Shares of ARB Corp ARB.AX rise as much as 2.8% to A$35.450, their highest level since July 24** Jefferies says U.S. ARB's outdoor capital equipment and parts segments have faced challenges from COVID-19 and a sharp rate-up cycle, with sales growth in both sectors mirroring these challenges** ...Reuters
Mon, Aug 11
Cryptocurrencies
Ethereum Price Prediction: ETH Poised for $6,500 While Remittix Eyes 50x Potential by 2026
Ethereum is once again in the spotlight. This comes as bullish sentiment pushes ETH price predictions toward $6,500, driven by strong on-chain metrics and renewed institutional interest. While Ethereum news fuels optimism, a different buzz is building around Remittix (RTX). The fast-growing DeFi payment project is capturing investor attention with its real-world utility, as analysts […]Cryptopolitan
Mon, Aug 11
