Analysts cautious with Nvidia’s latest price target

 Nvidia (NASDAQ: NVDA)  remains a focal point for investors as DA Davidson analyst Gil Luria maintains a ‘Neutral’ rating on the stock with a price target of $135, reflecting a reserved stance amidst ongoing optimism for the chipmaker. In his latest commentary, Luria revisited the basis of his neutral outlook, which he first issued a year ago.  … Read more

USD/CAD climbs to 1.4385 amid sliding Oil prices, modest USD strength ahead of US data

USD/CAD regains positive traction on Thursday and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind amid reviving USD demand.  Traders now look to the US monthly Retail Sales and Jobless Claims data for short-term impetus.  The USD/CAD pair builds on the overnight bounce from the … Read more

US president Biden declares Trump-proof sanctions on Putin’s Russia

President Joe Biden just dropped a sanctions bomb on Russia; one so tightly sealed it’s built to survive Donald Trump’s reign. Especially as the president-elect seems dead set on fixing his friendship with Russia’s president Vlad Putin. Now Biden has rolled out a massive package targeting over 250 entities, aiming squarely at Russia’s already battered … Read more

Illicit Crypto Use Hits $51 Billion In 2024 But Shrinks To Three-Year Low In Market Share

Illicit cryptocurrency transactions surged to an estimated $51 billion in 2024, according to blockchain analytics firm Chainalysis. Despite this sharp rise in volume, illicit crypto activities accounted for only 0.14% of the total market, marking the lowest share in three years. In comparison, illicit crypto activities accounted for 0.61% in 2023, approaching the 2021 low … Read more