Crypto exchange Bullish delivered a stunning second-quarter performance that dramatically exceeded Wall Street expectations, posting $57 million in revenue and achieving a remarkable turnaround from losses to substantial profitability. The impressive results, marking the company’s first quarterly report as a public entity, sent its stock price climbing 2% during regular trading and extending gains in after-hours activity, signaling strong investor confidence in the exchange’s operational transformation.
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NSE Bans 3 Stocks from F&O Trading on Open Interest Breach
The National Stock Exchange has imposed trading restrictions on three prominent Indian stocks – Angel One Ltd, Oracle Financial Services Software, and RBL Bank – in the derivatives segment after their open interest levels breached critical thresholds. This regulatory action, taken on September 18th, reflects the exchange’s mechanism to maintain market stability when derivative positions approach dangerously high levels, though cash market trading continues unaffected for these securities.
read moreTop 7 Cryptocurrency Stocks to Watch Today
MarketBeat’s stock screener has identified seven key cryptocurrency stocks for investors to monitor, including Robinhood Markets, Bitfarms, HIVE Digital Technologies, Galaxy Digital, Bitdeer Technologies Group, Soluna, and Cellebrite DI. These companies represent leaders across crypto mining, exchanges, and blockchain infrastructure, providing traditional market exposure to the digital asset ecosystem while offering insights into broader sector trends and investor sentiment.
read moreOil Mergers Drive Layoffs, Signal Economic Concerns
Major oil companies are implementing significant workforce reductions following industry mergers, with ConocoPhillips planning to cut 20-25% of its staff after acquiring Marathon. These consolidations are strengthening market positioning while raising concerns about broader economic trouble ahead. The trend reflects a pattern where closely related company mergers typically result in substantial layoffs to boost earnings.
read moreTesla Stock Soars 20% on Musk’s $1B Buy – Rally Sustainable?
Tesla shares surged 20% following CEO Elon Musk’s $1 billion stock purchase, his first open-market buy since 2020. The rally comes as EV buyers race to secure $7,500 tax credits before they expire September 30. However, underlying sales challenges and competitive pressures raise questions about the sustainability of this momentum.
read moreBitcoin’s September Green Close Signals Bullish October Ahead
Historical data reveals a compelling pattern for Bitcoin investors: when September closes in the green, October tends to deliver even stronger gains. This year’s positive September performance suggests potential double-digit returns ahead. Crypto analysts are watching this seasonal trend closely as institutional inflows strengthen.
read moreRailTel Shares Dip Despite Rs 105 Crore Bihar Smart Classroom Order
RailTel Corporation of India Ltd experienced a 1% decline in its share price to Rs 396.95 on the National Stock Exchange (NSE) on September 18th, despite announcing a significant work order worth Rs 105.74 crore from the Bihar Education Project Council. This counterintuitive market movement occurred even as the stock reached an intraday high of Rs 402.50, highlighting the complex relationship between corporate developments and investor sentiment in India’s trading landscape.
read moreCrypto Rallies on Fed Rate Cut, Bitcoin Tops $117K
Cryptocurrency markets surged Thursday morning following the Federal Reserve’s expected 25-basis point rate cut. The decision boosted risk appetite across digital assets, with Bitcoin climbing above $117,000. Major altcoins including Ethereum and Solana also posted significant gains, though the rally came with substantial volatility that liquidated over $400 million in leveraged positions.
read moreTesla Stock Surges 15% on Musk Buyback & Global FSD Rollout
Tesla shares jumped 15.4% last week following CEO Elon Musk’s $1 billion stock purchase and the expansion of its Full Self-Driving feature to Australia and New Zealand. The electric vehicle maker continues to outperform the S&P 500 with an 86.9% gain over the past year. 24/7 Wall St. projects significant long-term growth potential through 2030 despite near-term analyst caution.
read moreFed Rate Cut Spurs H Mining Cloud Crypto Investment Surge
The Federal Reserve’s recent 25 basis point rate cut has triggered a global reassessment of investment strategies as traditional returns diminish. H Mining’s cloud-based cryptocurrency mining platform is emerging as a compelling alternative for investors seeking stable yields in a low-interest environment. This innovative approach allows ordinary investors to participate in digital asset production without technical expertise.
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