Nvidia stock is slowly forming a risky pattern: is a reversal coming?
Nvidia stock has stayed in an upward trend this year and is now hovering near its all-time high as several catalysts emerge. It peaked at $243 on Tuesday before paring…
Dow opens 400 pts lower as oil and Treasury yields rise ahead of Fed minutes
Wall Street opened lower on Wednesday as rising oil prices and Treasury yields renewed pressure on equities, while investors awaited the Federal Reserve’s minutes from its September policy meeting. The…
Here’s why the Webull stock price is in a freefall today
Webull stock price is in a deep dive today as market participants react to a new congressional investigation in the United States. BULL plunged by over 30% to $5.55, down…
Western Digital stock faces a bearish breakout risk: Here’s why
Western Digital stock has slumped and moved into a bear market, mirroring the performance of other top companies in the memory industry. WDX was trading at $410, down by 50%…
Asos shares fall 13% after customers receive apparent hacking message
Shares of Asos fell more than 13% on Tuesday after customers of the British online fashion retailer received push notifications appearing to claim that the company had been hacked. Users…
Here’s why the Realty Income stock is in a freefall as US Treasury yields jump
Realty Income stock continued its strong freefall this week and is hovering at its lowest level since December last year. O peaked at $66.20 in July and has now retreated…
Dow opens 200 pts higher as Treasury yields and oil prices ease
Wall Street opened higher on Tuesday as Treasury yields eased from multi-year highs and oil prices declined, while investors looked ahead to the third-quarter earnings season and the Federal Reserve’s…
US midterm elections: two outcomes to benefit two segments of healthcare
JPMorgan expects the US midterms to reshuffle healthcare winners, with the outcome hinging on which party controls Congress. The bank’s strategists believe November’s vote should reward stock picking over broad…
Lumentum stock hits a crucial resistance: will the rally continue?
Lumentum stock has continued rising and is now hovering at its all-time high, helped by the soaring demand for its products. It jumped to a high of $1,092, up by…
Why is Cerebras stock rising on Monday? Sam Altman holds the clue
Cerebras Systems stock CBRS climbed about 6% in premarket trading Monday, recovering some of last week’s losses after OpenAI CEO Sam Altman sought to reassure investors that the AI chipmaker…