Market News

CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared by nearly 82% from its lowest point this year. It has formed a double-bottom pattern, pointing to more gains. CoreWeave stock jumps as it validates… Continue reading CoreWeave stock jumps after major Nvidia Rubin news: what next?

Rocket Lab (NASDAQ: RKLB) stock price has gone parabolic this year and is now trading at its all-time high. It soared for four consecutive weeks, meaning it has now jumped by over 4,000% from its pandemic low of $3.43. This rally may meet its match in the coming days as the stock has become highly… Continue reading Rocket Lab stock has gone parabolic: why the SpaceX IPO may trigger a crash

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) surged to a record high in May as technology stocks soared, and has climbed over 14% from its lowest point this year. The rally has coincided with steady inflows as investors chase its high yield. So is it a good ETF to buy today? JEPQ ETF inflows… Continue reading JEPQ ETF stock just hit a record high and yields 10%: Is it a good buy?

The S&P 500 Index is having a strong performance this year as it continues to reach new all-time highs each day. It soared to a record high of $7,580 last week, up by 20% from its lowest point this year, meaning that it is now in a bull market.  Wall Street analysts are bullish on… Continue reading S&P 500 Index forecast: Goldman Sachs, Citi, Yardeni, Morgan Stanley

The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the last 12 months. So, the question is whether the blue-chip index will continue the bull… Continue reading KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?

Brent crude oil price remained in a tight range on Hyperliquid as investors waited for President Donald Trump’s “final determination” on the Iran deal. It was trading at $92.40 on Sunday, down from last week’s high of $108.  Donald Trump requests edits to his ceasefire deal Brent, the global benchmark, dropped to $92.40, with a… Continue reading Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal

The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25, up by 145% from its lowest point this year. This rally may continue soon as the Supermicro stock nears a golden cross pattern.  SMCI stock… Continue reading Here’s why the SMCI stock price is nearing a golden cross

SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year, as investors welcomed the new stablecoin. SoFi Technology stock technicals point to more gains The… Continue reading SoFi stock warning: stablecoin faces major scaling headwinds

The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by 27% and 13%, respectively.  They have suffered steeper declines from their highest points last year. Xiaomi, which is widely seen as China’s answer to Apple,… Continue reading Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom