Market News

Corning stock price has gone bonkers in the past few years and is now trading at its highest point on record. GLW jumped to a record high of $165, which is about 590% above the lowest level in 2023. This surge has pushed its market capitalization to over $141 billion. Corning stock becomes expensive amid… Continue reading Soaring Corning stock price faces two major risks

Hubspot stock price has been in a strong downward trend since February last year, shedding billions of dollars in value as its market capitalization dropped from over $40 billion to $12 billion today. This retreat may continue as the stock has formed a large inverted cup-and-handle pattern. Hubspot stock price has formed a large bearish… Continue reading Hubspot stock has formed an alarming pattern despite solid fundamentals

IREN stock price has slumped into a bear market despite the ongoing demand for artificial intelligence (AI) computing. It was trading at $35.7, down sharply from its all-time high. IREN stock has plunged as large orders have remained elusive  IREN, a Bitcoin mining company that is transitioning into a large provider of AI data center… Continue reading IREN stock is under pressure as technicals point to a rebound

Micron stock price popped to above $400, its highest point since March 24, up sharply from the year-to-date low of $315. This rebound may continue in the near term, helped by a giant megaphone chart pattern as the valuation multiples tumble. Micron stock price has formed a giant megaphone pattern  The daily timeframe chart shows… Continue reading Micron stock is extremely cheap as megaphone points to a rally

The DAX Index pulled back by over 1.37% on Thursday, erasing some of the gains made a day earlier. It dropped to €23,755 from this week’s high of €24,140. This retreated as the US-Iran ceasefire stalled and as Mercedes published weak results. US-Iran ceasefire and Mercedes-Benz deliveries  The German DAX 40 Index retreated, mirroring the… Continue reading DAX Index at risk amid fragile ceasefire as Mercedes-Benz sales plunge

The Hang Seng Index staged a cautious recovery this week as the United States and Iran announced a ceasefire that reduced the ongoing tensions. It formed a gap up to $25,887, its highest point since March 18 and 6.8% above the lowest level in March. Hang Seng Index rises as geopolitical tensions ease Hong Kong… Continue reading Hang Seng Index at risk as US-Iran ceasefire risks remain

Microsoft stock has crashed into a technical bear market after plunging from $550 to the current $372. This retreat has coincided with the ongoing sell-off in software stocks and as concerns about its massive capital expenditure continues. So, will the stock rebound now that it has become a bargain? Microsoft stock has plunged amid AI… Continue reading Cheap Microsoft stock could drop further before recovery

Boeing stock price has rebounded in the past few weeks, moving from a low of $187 to $210. This trend may continue as the company faces some major catalysts, including potential orders from Iran and China.  Potential orders from Iran and China  Boeing stock may become a major beneficiary of the potential deal between the… Continue reading Boeing stock price may have a China and Iran catalyst soon

Avis Budget’s stock price has gone through a short squeeze recently, making it one of the top gainers on Wall Street. It has jumped in the last five consecutive days and moved to its highest point since April 2022. Avis Budget stock chart | Source: TradingView Avis Budget stock has experienced a short squeeze  The… Continue reading Avis Budget rally echoes Opendoor, GoPro surges — caution ahead