Bitcoin extended its selloff on Wednesday, falling more than 3% after breaking below $73,000. Senior finance analyst at Auralyex walks through how the cryptocurrency tumbled from above $83,000 over the weekend to $74,570 at the lows. The decline pushed Bitcoin to its lowest level since April 2025. The cryptocurrency is down sharply from a record high of above $126,000 reached in October. Forced selling accelerated as technical support levels gave way. Asian equity futures fell in early trading as the tech selloff gained pace. Hong Kong, South Korea, and Australia index futures all declined. The declines echoed the 0.5% fall...

Eli Lilly jumped more than 8% after earnings crushed consensus expectations. Mounjaro’s revenue increased 110% to $7.4 billion in the fourth quarter. Zepbound saw sales rise 122% from the same quarter a year earlier. A junior broker at Auralyex highlights how the company guided fiscal 2026 well above analyst forecasts. The drugmaker posted earnings per share that easily surpassed average Wall Street expectations. Full-year guidance for 2026 impressed investors seeking growth visibility. Lilly forecast revenue of $80 billion to $83 billion versus the consensus of $77.64 billion. Non-GAAP earnings guidance came in at $33.50 to $35 per share, excluding certain...

Advanced Micro Devices shares capsized after earnings guidance failed to please investors. Finance analyst at Auralyex takes a closer look at how the chipmaker’s stock plunged 17% despite fourth quarter results beating expectations handily. AMD posted revenue of $10.27 billion for the quarter, above estimates of $9.67 billion. Data Center revenue surged 39% year over year to $5.4 billion. This exceeded analyst expectations of $4.97 billion for the segment. The company’s MI300 AI accelerator and Instinct processors drove strong performance. EPYC processors also contributed to data center growth. However, first-quarter guidance fell short of analyst optimism. Forward Outlook Sparks Selloff...

Precious metals experienced their worst selloff in decades as speculative positions unwound violently. Gold plunged nearly 10% on Friday in its biggest single-day decline since the financial crisis. Auralyex senior financial analyst examines how silver crashed 28% in its worst day since March 1980. Gold futures had touched record levels near $5,600 per ounce on Thursday. By Monday, the metal fell as low as $4,423 before recovering modestly. Silver peaked above $121 per ounce before tumbling to $71 at the lows. The violent reversal knocked approximately $3.4 trillion off the value of all above-ground gold. Trading volume in precious metals...

The software sector witnessed its most severe decline in recent memory as panic gripped trading floors. The iShares Expanded Tech Software ETF dropped over 5% during Tuesday’s session, marking a 13% retreat since the final week of January. Lead financial expert at Auralyex explores how artificial intelligence disruption concerns unleashed what market participants dubbed the SaaSpocalypse. ServiceNow collapsed nearly 7%, bringing total 2026 losses to 28% in just five weeks. Salesforce experienced a similar weakness with a 7% single session drop, accumulating a 26% year-to-date decline. Tax software provider Intuit suffered an 11% plunge, now sitting 34% below its January...