US stocks opened higher on Monday as easing tensions between the United States and Iran boosted investor sentiment, while a sharp decline in oil prices lifted travel-related stocks ahead of a crucial week featuring major technology earnings, key inflation data and the Federal Reserve’s interest rate decision. The Dow Jones Industrial Average climbed about 602… Continue reading Dow jumps 600 points as US-Iran pause lifts stocks ahead of Fed decision
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DRAM ETF braces for key Samsung, SK Hynix, Kioxia, Seagate earnings
The Roundhill Memory ETF (DRAM) is bracing for a pivotal week that could make or break its performance. DRAM has already plunged by over 31% from its highest point this year, and key earnings this week will determine its trajectory. Key DRAM ETF companies will publish their earnings Top companies in the DRAM ETF will… Continue reading DRAM ETF braces for key Samsung, SK Hynix, Kioxia, Seagate earnings
Bloom Energy stock rises ahead of earnings: will the gains hold?
Bloom Energy stock rose by over 5% in the premarket session as investors bought the dip ahead of the upcoming financial results on July 28. It rose to $194.5, up modestly from Friday’s low of $184. Even so, the stock remains nearly 50% below the highest point this year. So, will it rebound or continue… Continue reading Bloom Energy stock rises ahead of earnings: will the gains hold?
Top 3 catalysts for the S&P 500 and Nasdaq 100 indices this week
The S&P 500 and Nasdaq 100 indices have maintained their volatility in the past few weeks as top American companies started publishing their financial results and as the US-Iran war resumed. This article highlights some of the top three catalysts for the indices and their ETFs, like VOO, SPY, and QQQ. S&P 500 vs Nasdaq… Continue reading Top 3 catalysts for the S&P 500 and Nasdaq 100 indices this week
Dow futures surge 550 points: 5 things to know before Wall Street opens
Wall Street was set for a sharp rebound on Monday as a temporary pause in US-Iran attacks pulled oil prices lower and revived demand for technology, travel and other rate-sensitive shares. Dow futures jumped 550 points, or 1.05%, while S&P 500 futures rose 0.94% and Nasdaq 100 contracts climbed 1.58%. The relief rally remains fragile,… Continue reading Dow futures surge 550 points: 5 things to know before Wall Street opens
FTSE 100 gains as lower oil prices lift global risk sentiment
London’s FTSE 100 gained on Monday as a pause in US-Iran hostilities over the weekend sent oil prices lower and improved risk sentiment across global markets. However, a sharp decline in energy stocks limited the broader advance. The blue-chip FTSE 100 index rose 0.4% to 10,781 points by 0922 GMT. The mid-cap FTSE 250 also… Continue reading FTSE 100 gains as lower oil prices lift global risk sentiment
Robert Kiyosaki sees a brutal depression ahead: 3 stocks that may protect portfolios
Robert Kiyosaki’s warning that the world faces what he called the “greatest depression in world history” does not seem to be a Wall Street consensus forecast. Yet, the Rich Dad Poor Dad author and a long-time advocate of hard assets, has repeatedly warned that a deep economic downturn could erode wealth and destabilise financial markets.… Continue reading Robert Kiyosaki sees a brutal depression ahead: 3 stocks that may protect portfolios
Here’s why the Vodafone share price is rising after earnings
Vodafone share price continued the recent recovery after the company published strong financial results and boosted its guidance. VOD jumped to 120p, up by 23% from its lowest level this month. This rally may continue as Margherita Della Valle’s turnaround efforts start bearing fruit. Vodafone published strong results and guidance Vodafone, one of the biggest… Continue reading Here’s why the Vodafone share price is rising after earnings
Micron stock faces a hidden threat after CXMT’s blockbuster market debut
Micron faces a longer-term competitive challenge after CXMT’s Shanghai debut gave the Chinese memory-chip maker access to billions that could fund a rapid expansion in conventional DRAM. MU closed at $920.95 on Friday, down 6.9%, before CXMT started trading on Monday. CXMT opened 470% higher at 49.50 yuan, against an IPO price of 8.66 yuan,… Continue reading Micron stock faces a hidden threat after CXMT’s blockbuster market debut