Nio stock flags a rare bullish pattern as May vehicle deliveries jump

Nio (NYSE: NIO) stock price jumped on Monday, continuing a recovery that started late last month when it bottomed at $5.10. It jumped to a high of $6, its highest point since May 15 this year, helped by its strong vehicle delivery numbers.  Nio’s deliveries are soaring Nio Inc., one of China’s biggest electric vehicle… Continue reading Nio stock flags a rare bullish pattern as May vehicle deliveries jump

SPCE stock price forecast: why Virgin Galactic is soaring and why it may crash

Virgin Galactic (NASDAQ: SPCE) stock has gone parabolic, reaching its highest point since June 2024 as investors piled into space-related companies. SPCE jumped to $8.85, up by over 300% from its lowest point this year, with its market capitalization soaring to nearly $700 million. Why the Virgin Galactic stock is soaring Richard Branson’s Virgin Galactic… Continue reading SPCE stock price forecast: why Virgin Galactic is soaring and why it may crash

CoreWeave stock jumps after major Nvidia Rubin news: what next?

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 stock has gone parabolic: why the SpaceX IPO may trigger a crash

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

JEPQ ETF stock just hit a record high and yields 10%: Is it a good buy?

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?

KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?

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 wavers on Hyperliquid as Trump seeks edits to his Iran deal

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

Here’s why the SMCI stock price is nearing a golden cross

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