US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.… Continue reading Dow Jones slips 175 pts as fragile US-Iran ceasefire cracks, oil rebounds
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Nio stock price set to surge as golden cross, cup & handle forms
Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside The daily chart points to more… Continue reading Nio stock price set to surge as golden cross, cup & handle forms
CoreWeave stock rises as $21B Meta AI cloud deal boosts outlook
Shares of CoreWeave rose on Thursday after the company announced an expanded long-term agreement with Meta Platforms valued at approximately [MONEY value=”21000000000″ currency=”usd” notation=”long” replace=”false”], underscoring strong demand for artificial intelligence infrastructure. The deal extends CoreWeave’s role as a cloud provider for Meta’s AI initiatives through December 2032, building on an earlier agreement signed last… Continue reading CoreWeave stock rises as $21B Meta AI cloud deal boosts outlook
Soaring Corning stock price faces two major risks
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
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