Market News

Tilray Brands stock price crashed to its lowest level since August last year despite the recent US policy change that opened the door to its expansion in the country. TLRY dropped to $5.6, much lower than the year-to-date high of nearly $10. This article explores some of the top reasons why the stock has plunged.… Continue reading Here’s why Tilray Brands stock has crashed after cannabis reclassification

Plug Power stock price has recoiled in the past few days, moving from the year-to-date high of $3.45 to the current $3.13. This pullback has ended a relatively strong rally that pushed it from a low of $1.73 to the year-to-date high of $3.42. Plug Power to publish its earnings on May 11 Plug Power,… Continue reading Plug Power stock just flashed a warning sign: May 11 will be key

The USD/MXN exchange rate has come under pressure in the past few months as top emerging market currencies continued to beat the US dollar. It dropped to 17.30 on Friday, down from the year-to-date high of 18.14 as focus shifted to the US non-farm payrolls data and May 7th’s Mexico interest rates decision. US non-farm… Continue reading USD/MXN forecast after the final Mexico Central Bank rate cut

The FTSE 100 Index remained in a narrow range this week as traders watched the developments in the Middle East, where odds of a deal between the US and Iran rose. It also wavered because of the weak HSBC earnings.  This article looks at some of the top FTSE 100 and FTSE 250 shares to… Continue reading Top FTSE 100 and 250 shares to watch: Burberry, ITV, Vodafone, BT, National Grid

The Nikkei 225 Index pulled back from its record highs as crude oil prices jumped amid new hostilities between the US and Iran. It dropped to ¥62,452 on Friday, a few points below the year-to-date high of ¥63,000. Still, technicals suggest that the blue-chip index has more gains to go in the near term. Japan… Continue reading Nikkei 225 Index slips as US-Iran exchange fire; focus shifts to Japan bank earnings

Nio stock price has pulled back in the past few days, mirroring the performance of other Chinese electric vehicles. It was trading at $5.90 on Tuesday, down substantially from the year-to-date high of $7.01. Still, the stock is showing some bullish signals, which may lead to a strong comeback in the near term. Nio stock… Continue reading Nio stock price has slipped this month: here’s why it may rebound soon

The S&P 500 Index futures continued soaring today, May 7, reaching their all-time high, despite the existing geopolitical tensions in the Middle East. It rose to $7,390, up sharply from the year-to-date low of $6,352. Here’s the top reasons why the index is in a strong bull run. SPX Index chart | Source: TradingView S&P… Continue reading Here’s why the S&P 500 Index futures have surged to a record high

Japanese stocks went parabolic on Thursday, helped by the soaring Softbank stock price and the rising possibility of a deal between the United States and Iran. The Nikkei 225 Index jumped to ¥62,836, bringing the year-to-date gains to 16.67%. Why Japan stocks are pumping today  The Nikkei 225 Index and Topix are in a strong… Continue reading Here’s why the Nikkei 225 Index is in a bull run and why it may hit ¥69k soon

Super Micro Computer stock price jumped by over 15% on Wednesday after the company published strong financial results, which showed that its business continued to fire on all cylinders in its third quarter. It jumped to $32, its highest level since March 17, filling the gap it made after a major lawsuit against its founder… Continue reading Here’s why Super Micro Computer stock is pumping today and what next