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Swiggy & Urban Company Crashes Post Earnings

Swiggy and Urban Company are under severe pressure after its recent earnings raised concerns about profitability, valuations and high cash burn. Swiggy shares fell despite narrowing quarterly losses as Instamart and e-commerce’s aggressive expansion continues to weigh on profitability. Urban…

Key US economic events this week

The cryptocurrency market started the week under pressure as the total market capitalization fell to approx $2.69 trillion While Bitcoin is struggling to regain the key resistance level of $82,000 after failing to breach it last week. Traders are now…