Market News

The Kospi Index retreated into a correction as the recent rally takes a breather amid overheating concerns. It retreated to KRW 7,250, down by 10% from the year-to-date high of KRW 8,038. It remains up by over 72% this year and 178% in the last 12 months. So, is this the end of the Kospi… Continue reading Kospi Index slips as South Korean bond yields jump: buy the dip?

ServiceNow stock price has tumbled in the past few months, erasing billions of dollars in value as the market capitalization has dropped from $233 billion to $98 billion. NOW has tumbled amid the rising concerns that artificial intelligence tools will disrupt its business model. So, is it safe to buy the dip or sell the… Continue reading ServiceNow stock flashes a death cross amid rising SaaSpocalypse concerns

Gold price continued its strong downward trend on Monday, reaching its lowest level since March 30th. It was trading at $4,545, down by nearly 20% from its highest point this year. This retreat continued as headwinds rose, even as Goldman Sachs analysts identified a major potential catalyst. Gold price drops as major headwinds emerge Gold… Continue reading Gold price drops as bond yields rise and Goldman Sachs flags key catalyst

The FTSE 100 Index has retreated sharply in the past few weeks and underperformed its global peers like the S&P 500, Nasdaq 100, and Kospi. It ended last week at 10,195, down from the year-to-date high of 10,931. This article looks at the key catalysts that will drive the Footsie this week.  FTSE 100 Index… Continue reading Top catalysts for the FTSE 100 Index this week

Scottish Mortgage Investment Trust share price has been in a strong bull run this year, and this rally may gain momentum in the coming months, helped by some of its top constituent companies. SMT stock jumped to 1,513p, its highest level since November 2021, and by 138% from its lowest point in 2023, SMT share… Continue reading Scottish Mortgage shares: set to surge ahead of Anthropic, SpaceX IPOs

A crypto crash is happening today, May 18, with Bitcoin leading the charge, amid rising liquidations and bond yields. Bitcoin price dropped to $76,500, its lowest level in three weeks. Most altcoins were in the red, with Bitcoin Cash (BCH) falling by 7.30% and Terra Luna Classic (LUNC), Pi Network (PI), and World Liberty Finance… Continue reading Crypto crash: why are Bitcoin Cash, LUNC, Pi Network, WLFI going down?

The Nikkei 225 Index dropped for three consecutive days, reaching a low of ¥60,910, its lowest level since May 7 this year. It has pulled back from this month’s high of ¥63,760 as crude oil prices drop, and Japan bond yields jump. Japan stocks drop as crude oil prices jump The Nikkei 225 and Topix… Continue reading Top 2 reasons why the Nikkei 225 Index is crashing today

The WTI crude oil price jumped to $103.3 on Monday morning as investors bet that the US and Iran will go back to war. Brent, the global benchmark, rose to $111.27, its highest point since May 5. These gains may accelerate in the near term if the war resumes. Donald Trump threatens Iran The WTI… Continue reading WTI crude oil outlook as odds of renewed US–Iran conflict increase

Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference. Zeta Global stock jumped after… Continue reading Zeta Global stock soared after Snowflake OSI entry: what next?