Market News

Teck Resources (TECK) stock price has done well in the past few years as it continued to beat key peers in the industry. It has jumped by over 24% this year, beating the iShares Copper and Metals Mining ETF (ICOP) and the SPDR S&P Metals & Mining ETF (XME).  Rio Tinto is exploring a buyout… Continue reading Teck Resources stock in focus as Rio Tinto considers a bid

UK retail stocks are doing well, with the biggest ones trading at a multi-year high. Tesco (LON: TSCO) share price soared to a record high of 316p on Friday, rising by almost 20% from its lowest point this year and 74% from its 2022 low. Sainsbury stock has risen to 270p, and is about 30… Continue reading Tesco share price sits at a record high; but is it a good value?

Crypto trading is lucrative, but it’s not easy. As one of the most volatile asset classes, crypto has its fair share of horror stories. Making money in this industry requires a good knowledge of market indicators, trading strategies, and continuous analysis. Ultimately, that’s what makes an elite trader. Matthew McGregor is one such trader, having… Continue reading Automated trading and centralized exchanges: talking all things crypto with Matthew McGregor

What a difference can a few months make. The Siemens Energy (ENR) share price has moved from being the worst-performer in the DAX index in 2023 into the best-performing one this year. It has jumped by almost 150% this year and by 330% from its lowest point in 2023.  Siemens Energy has also beaten other… Continue reading Siemens Energy stock move from worst to best in Germany

European stocks have wavered in the past few days as investors watch the next actions by the Federal Reserve and the European Central Bank (ECB). In Germany, the DAX index was trading at €18,535, a few points below the all-time high of €18,880. Rate cut cycle  Global stocks have done modestly well this year, helped… Continue reading DAX index is rising; here are the key catalysts to watch

The Russian ruble could benefit from several important macro events. The USD/RUB exchange rate has already dropped by over 14.75% from its highest point in 2023, making the Russian currency one of the best performers in the emerging market. US inflation and the Federal Reserve One potential catalyst for the Russian ruble is the relatively… Continue reading USD/RUB forecast: The case for a stronger Russian ruble

Lucid Group (LCID) stock price continued rising on Thursday as demand for electric vehicle companies rose. It jumped to a high of $3.37, its highest point since February this year. It has soared by over 45% from its lowest point this year. Lucid’s turnaround is continuing There are increasing signs that Lucid Group’s turnaround is… Continue reading Lucid Group stock analysis: how high can LCID reach?

ON Semiconductor Corp (NASDAQ: ON) finds itself in the spotlight today after Morgan Stanley downgraded its rating to Underweight from Equal-Weight and reduced the price target from $70 to $65. This move by Morgan Stanley primarily stems from concerns regarding the company’s exposure to the automotive industry, particularly in areas like silicon carbide and image… Continue reading Morgan Stanley cuts ON Semiconductor to Underweight: Should you sell?

On Thursday, Rosenblatt Securities raised its price target on Broadcom Inc. (NASDAQ: AVGO) to an impressive $2,400  from $1,650, while reiterating its “Buy” rating. This bullish adjustment by Rosenblatt is driven by Broadcom’s strong performance and strategic positioning within the burgeoning AI sector, signaling potential growth that could interest any investor. Why such confidence in… Continue reading Rosenblatt raises price target on Broadcom stock to $2,400: Time to buy?