Jabil Inc. has seen a 27% stock price increase over the past nine months, driven by its strategic expansion into the AI sector. The company has revised its fiscal year 2025 revenue target to $27.9 billion, surpassing initial estimates and Wall Street expectations. AI-related business is expected to generate $7.5 billion for Jabil this year, […]
Cryptocurrency Markets Tumble Amid Global Trade Turmoil: What’s Next for Investors?
Cryptocurrencies, initially viewed as a shield from traditional finance instability, are now affected by geopolitical and economic turmoil. Significant drops were seen in assets with Coinbase Global falling 4%, MicroStrategy 3%, and miners like MARA Holdings, Riot Platforms, and Bitfarms declining by 4-6%. The values of Bitcoin and Ether also decreased, by 2.3% and 3.3% […]
The Battle for $2.20: XRP’s Price Struggles to Break the Ceiling
XRP price struggles to break through the $2.20 resistance level, mimicking recent pressures experienced by Bitcoin and Ethereum. The price has dropped below critical levels, with a bearish trend line forming on the hourly chart. Currently, the price is below the 100-hourly Simple Moving Average, with support at $2.10 from a previous 61.8% Fibonacci retracement. […]