Xiaomi stock forms shooting star ahead of earnings: what next?
Xiaomi stock has pulled back in the past few days, erasing some of the gains made in July. It dropped to H$26.40 in Hong Kong, down by 18% from its…
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USD/JPY forecast as Japanese yen retreat resumes ahead of US NFP data
The Japanese yen resumed its downward trend as investors reflected on the recent interventions by the United States and the Bank of Japan. After plunging to 155.20 earlier this week,…
Crude oil price forecast: here’s why WTI and Brent are rising today
Crude oil price jumped for the third consecutive day, with Brent hitting a high of $83.75, up by 7.30% from its lowest level this week. This rebound happened after China…
Traders see 70% chance of third ECB rate hike by December
Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict. The breakdown in talks pushed…
Petroyuan or dollar strength? Hormuz conflict sparks global currency fight
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran…
IREN stock analysis amid CoreWeave, Nebius market share gains
IREN stock price has rebounded in the past few days, moving from a low of $30 on March 30 to the current $40. It remains down by 50% from its…
Here’s why Nio stock may jump 20% to $8 in this bull run
Nio stock price is firing on all cylinders as other popular companies like Tesla and Rivian stumble. It jumped to a high of $6.50 on Monday, its highest point since…
Soaring Lumentum stock gets overbought as Wyckoff points to a dive
Lumentum stock price has been in a strong bull run and is hovering near its all-time high. It has soared from a low of $36 in 2023 to $897 today.…
Tesla stock is beating the broader market today: here’s why
Tesla shares rose 0.4% to $350.81 in early trading, outperforming a weaker broader market. The S&P 500 and the Dow Jones Industrial Average fell 0.1% and 0.3%, respectively, as geopolitical…
SanDisk jumps 7% on Nasdaq 100 entry as AI boom fuels demand surge
SanDisk stock rose on Monday after Nasdaq confirmed the flash memory supplier would be added to the Nasdaq-100 index, a move expected to drive significant passive inflows and boost institutional…