Corning stock price has gone bonkers in the past few years and is now trading at its highest point on record. GLW jumped to a record high of $165, which is about 590% above the lowest level in 2023. This surge has pushed its market capitalization to over $141 billion. Corning stock becomes expensive amid… Continue reading Soaring Corning stock price faces two major risks
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Hubspot stock has formed an alarming pattern despite solid fundamentals
Hubspot stock price has been in a strong downward trend since February last year, shedding billions of dollars in value as its market capitalization dropped from over $40 billion to $12 billion today. This retreat may continue as the stock has formed a large inverted cup-and-handle pattern. Hubspot stock price has formed a large bearish… Continue reading Hubspot stock has formed an alarming pattern despite solid fundamentals
IREN stock is under pressure as technicals point to a rebound
IREN stock price has slumped into a bear market despite the ongoing demand for artificial intelligence (AI) computing. It was trading at $35.7, down sharply from its all-time high. IREN stock has plunged as large orders have remained elusive IREN, a Bitcoin mining company that is transitioning into a large provider of AI data center… Continue reading IREN stock is under pressure as technicals point to a rebound
Micron stock is extremely cheap as megaphone points to a rally
Micron stock price popped to above $400, its highest point since March 24, up sharply from the year-to-date low of $315. This rebound may continue in the near term, helped by a giant megaphone chart pattern as the valuation multiples tumble. Micron stock price has formed a giant megaphone pattern The daily timeframe chart shows… Continue reading Micron stock is extremely cheap as megaphone points to a rally
FTSE falls 0.3% as rising oil prices shake rate cut expectations
London stocks fell on Thursday, giving back part of the previous session’s sharp advance, as a rebound in oil prices and fresh doubts over a fragile Middle East ceasefire damped appetite for risk. The FTSE 100 slipped 0.3%, while the FTSE 250 dropped 1.1%, with retailers and smaller companies leading the declines. The retreat followed a strong… Continue reading FTSE falls 0.3% as rising oil prices shake rate cut expectations
Dow futures plunge 200 points: 5 things to know before market opens
US stock futures edged lower on Thursday, giving back some of the previous session’s relief rally, as investors weighed the durability of a fragile Middle East ceasefire and braced for fresh US inflation data later in the day. S&P 500 futures and Nasdaq 100 futures both declined by 0.4%, reflecting a modest pullback in broader… Continue reading Dow futures plunge 200 points: 5 things to know before market opens
DAX Index at risk amid fragile ceasefire as Mercedes-Benz sales plunge
The DAX Index pulled back by over 1.37% on Thursday, erasing some of the gains made a day earlier. It dropped to €23,755 from this week’s high of €24,140. This retreated as the US-Iran ceasefire stalled and as Mercedes published weak results. US-Iran ceasefire and Mercedes-Benz deliveries The German DAX 40 Index retreated, mirroring the… Continue reading DAX Index at risk amid fragile ceasefire as Mercedes-Benz sales plunge
Why ordinary investors are struggling in Trump’s Truth Social market
At 6:12 on a Tuesday morning, Trump posted that a whole civilisation would die that night. By 8 p.m., he had announced a ceasefire. By Wednesday’s open, the Nasdaq was up 3.5%, oil had shed 16%, South Korea’s Kospi had soared 6.9%, and emerging markets were posting their best single day since 2022. If you… Continue reading Why ordinary investors are struggling in Trump’s Truth Social market
SoftBank may elevate Arm CEO Rene Haas in AI strategy shift
Rene Haas is set to oversee much of SoftBank Group’s international business while remaining chief executive of Arm, according to the Financial Times, citing people familiar with the matter. The move would give Haas a far broader operating brief as founder Masayoshi Son accelerates the Japanese group’s push into artificial intelligence and advanced chips. Haas… Continue reading SoftBank may elevate Arm CEO Rene Haas in AI strategy shift
