The Roundhill Memory ETF (DRAM) dropped by over 6% in the premarket, reaching a low of $60.65, as memory shares tumbled following the latest Samsung earnings. DRAM has now dropped by over 25% from its highest point this year, and this trend may continue as a top analyst warns of a potential rotation from memory… Continue reading DRAM ETF falls 6.5% after Samsung earnings as expert warns on memory stocks
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Top reasons why Rolls-Royce share price is set to soar past 1,500p
Rolls-Royce share price has moved in a tight range in the past few months and is hovering around its all-time high. It was trading at 1.480p today, July 7, after rising by 52% in the last 12 months. This article highlights some of the key reasons why the stock may continue rising. Rolls-Royce share price… Continue reading Top reasons why Rolls-Royce share price is set to soar past 1,500p
Here’s why Barclays share price has jumped to a 19-year high
Barclays share price has gone parabolic in the past few months, reaching its highest point since 2007. It has soared by 55% in the last 12 months, outperforming its top peers like Lloyds and NatWest, which have jumped by 52% and 37% in the same period. Barclays vs Lloyds vs NatWest | Source: TradingView Barclays… Continue reading Here’s why Barclays share price has jumped to a 19-year high
NZD/USD forecast: bearish signals emerge ahead of RBNZ decision
The NZD/USD exchange rate pulled back a bit on Tuesday, reacting to more weak US macro data, and as traders refocused on the upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision. It retreated to 0.5693 from last week’s high of 0.5725. RBNZ expected to hike interest rates The New Zealand dollar, commonly known… Continue reading NZD/USD forecast: bearish signals emerge ahead of RBNZ decision
Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11. It has now slumped by 25% this year, even as top Wall Street analysts have maintained their bullish outlook. Top analysts are bullish on Sandisk… Continue reading Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since June 11, after a series of negative news. So, is this the start of a new downtrend or just an overreaction? Micron stock dived after… Continue reading Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?
Dow Jones index hits record high as these stocks lead the rally
The Dow Jones Index jumped to a record high last week, helped by strong performance of some traditional companies. It jumped to a high of 52,905, up by 17% from it lowest level this year. This article highlights some of the top companies that drove the index to an all-time high. Caterpillar is the best-performing… Continue reading Dow Jones index hits record high as these stocks lead the rally
Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls
Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point since March this year. IAG shares are rising after the EasyJet buyout and falling jet fuel prices IAG, the parent company of British Airways, LEVEL,… Continue reading Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls
Kospi Index slides as foreigners dump ahead of Samsung earnings
The Kospi Index retreated by over 1.5% today, July 6, as foreign investors continued to sell their shares ahead of Samsung Electronics’ preliminary earnings report. It was trading at 7,947, down by 15% from its highest point this year. Foreign investors are selling South Korean stocks There are signs that the Kospi Composite Index has… Continue reading Kospi Index slides as foreigners dump ahead of Samsung earnings
