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The Zambian kwacha (ZMW) jumped sharply against the US dollar as investors cheered the recent eurobond news. The USD/ZMW crashed to 26.20 on Tuesday, down from Monday’s high of 26.81. Before this retreat, the pair had risen for the past 21 days straight. It was also the biggest slump since February 14th. Zambia eurobond restructuring […]

• March 25, 2024 09:05 PM PDT
• Invezz

The Nigerian naira surged against the US dollar as the market reacted to the recent actions by the Central Bank of Nigeria (CBN). The USD/NGN exchange rate tumbled to a low of 1,410 last week, much lower than the YTD high of 1,628. Nigeria Central Bank’s decision The CBN will conclude its meeting this week […]

• March 25, 2024 07:05 PM PDT
• Invezz

Arweave price continued its recovery as cryptocurrencies and the fear and greed index moved to the extreme greed zone. The AR token has risen for four straight days and is nearing its year-to-date high of $47.4. It has spiked by more than 1,068% from its lowest point in 2023, giving it a market cap of […]

• March 25, 2024 05:02 PM PDT
• Invezz

Famed investor Jim Cramer who also hosts “Mad Money” on CNBC counts Micron Technology Inc (NASDAQ: MU) among the “leaders” in artificial intelligence. Cramer shares his view on Micron stock China has reportedly started phasing out U.S. made chips in government computers and servers – a move that hits Intel and AMD’s business in the […]

• March 25, 2024 04:19 PM PDT
• Invezz

Buzzfeed Inc (NASDAQ: BZFD) says it remained in loss in its fourth financial quarter. Shares of the internet media company are slightly down in extended hours. Why is Buzzfeed stock down in after-hours? The stock is pushing down also because the entertainment firm reported a 12% decline in time spent to 72 million hours in […]

• March 25, 2024 01:46 PM PDT
• Invezz

Pyth Network has revealed a new collaboration with a decentralized exchange Ambient, popular for its unique 2-sided AMMs. According to the press release, the strategic alliance aims to enhance Pyth Network’s data security and quality. Further, web3 developers will access transparent and more efficient price feeds. Ambient will contribute real-time price feeds to Pyth Network. […]

• March 25, 2024 12:41 PM PDT
• Invezz

Shares of electric car manufacturer, Lucid Group (NASDAQ:LCID), saw a strong opening on Monday following the announcement that Ayar Third Investment Company, a majority stockholder of the company affiliated with Saudi Arabia’s sovereign wealth fund, Public Investment Fund, is injecting $1 billion into Lucid. This significant investment comes in the form of newly created convertible […]

• March 25, 2024 11:24 AM PDT
• Invezz

Super Micro Computer Inc (NASDAQ: SMCI) is extending gains today after a JPMorgan analyst dubbed it the leader of the “AI compute market”. Super Micro stock has upside to $1,150 Samik Chatterjee assumed coverage of the artificial intelligence company with an “overweight” rating and said its shares could climb further to $1,150 – up 20% […]

• March 25, 2024 10:35 AM PDT
• Invezz

The iGeneration’s impact and influence on the socioeconomic status of the world transcends synchronized 30-second dances to all the latest hits, get-ready-with-me-videos, and what-I-eat-in-a-day-posts. The Gen-Z nation is now extending its force and effect into the realm of finance, particularly, the demographic is increasingly interested in Bitcoin and BlockDAG Network which are considered to be […]

• March 25, 2024 10:00 AM PDT
• Invezz

As the crypto market shows signs of recovery, some of best altcoins like Dogwifhat (WIF) and SEI have stabilized. Meanwhile, Rebel Satoshi ($RBLZ) is preparing to give astronomical gains during the presale of its second token, $RECQ. Let’s understand why experts consider WIF, SEI, and $RECQ as among the best cryptos to buy. Dogwifhat breaks […]

• March 25, 2024 09:24 AM PDT
• Invezz