Market News

Broadcom (NASDAQ: AVGO) stock has moved sideways in the past month as the recent bullish momentum faded. This consolidation may be calm before the storm as it has formed a bullish flag pattern ahead of its quarterly earnings on June 3.  Broadcom stock has formed a giant bullish flag pattern The daily chart shows that… Continue reading Broadcom stock flashes bullish flag and C&H pattern ahead of results

CoreWeave (NASDAQ: CRWV) stock price remains under pressure this month, despite its rising role in the artificial intelligence (AI) industry, where it has become the partner of choice of top companies. CRWV dropped to $105 on Tuesday, down from this month’s high of $138.  With its short interest at 14% and its stock down by… Continue reading Here’s why investors are shorting CoreWeave stock

Rolls-Royce share price has rebounded this week, helped by the rising hopes of a US-Iran deal, and after a recent Bloomberg interview with its chief executive in which he highlighted the company’s turnaround efforts. It jumped to 1,260p, up substantially from this month’s low of 1,050p. Rolls-Royce CEO explains his turnaround strategy Rolls-Royce Holdings, one… Continue reading Is the Rolls-Royce share price heading to its all-time high?

Scottish Mortgage Trust share price is firing on all cylinders as some of its biggest bets start to pay off. SMT jumped to a record high this week, completing a major comeback that started in May 2023 when it bottomed at 604p. This surge may accelerate after forming a cup-and-handle pattern ahead of the SpaceX… Continue reading Scottish Mortgage share price pattern points to a 63% surge as AI bets pay off

The ASX 200 Index remained in a tight range while Australian bond yields fell after the latest consumer inflation report. It was trading at A$8,660, a few points below this week’s high of A$8,715.  RBA likely to pause interest rate hikes The ASX 200 Index wavered after a report by the Australian Statistics Bureau (ABS)… Continue reading ASX 200 index on edge as Australian bond yields fall after inflation cools

JPMorgan Equity Premium Income ETF (JEPI) has deviated completely from the broader US stock market. It has dropped by over 5.90% from its highest point this year, even as the S&P 500, Dow Jones, and Nasdaq 10o hover at their all-time highs. This performance is a sign that the fund’s 8% yield is a value… Continue reading JEPI ETF stock is falling as the S&P 500 soars: is the 8% yield an illusion?

The Schwab US Dividend Equity (SCHD) ETF rocketed to a record high last week, meeting our previous forecasts. It ended the week at $32.83, bringing its year-to-date gains to nearly 20%. In contrast, the S&P 500 and Nasdaq 100 indices have jumped by 9% and 17% this year. This trend may continue now that the… Continue reading SCHD ETF is beating S&P 500 and Nasdaq 100: does it have more upside?

Marvell Technology (NASDAQ: MRVL) stock price is in a strong bull run this year, making it one of the top gainers in Wall Street. MRVL jumped from last year’s low of $47 to $196, with its market capitalization rising from $42 billion to $171 billion. Will this rally continue rising ahead of earnings? Marvell Technology… Continue reading Marvell Technology stock flashes red ahead of earnings: will it drop?

Nebius Group stock price has soared this year and is now hovering near its all-time high. NBIS was trading at $214 after soaring by 192% from its lowest point in February. Still, the stock will likely continue rising, helped by the strong revenue momentum amid the artificial intelligence (AI) boom. Nebius Group momentum is accelerating… Continue reading Nebius stock stalls amid debt, dilution, and depreciation fears