Market News

Rocket Lab (NASDAQ: RKLB) stock price is in a strong bull run this year and is now hovering at its all-time high. These gains have continued this month as top Wall Street analysts buy ahead of the upcoming SpaceX IPO. It has soared to $127, up by 402% in the last 12 months. So, is… Continue reading Analysts are bullish on Rocket Lab stock ahead of SpaceX IPO: Should you?

Tesco share price retreated by over 2% on Wednesday, before paring back some of the losses as the UK government pushed retailers to cap price increases amid the ongoing Iran war. It slipped to 443p, its lowest level since February 4, and 10.85% below its highest point this year. UK government pushes retailers to limit… Continue reading Here’s why the Tesco share price is falling today (May 20)

The USD/ZAR exchange rate remained in a narrow range this month, even as the US Dollar Index (DXY) continued its strong rally. This consolidation may end soon as South Africa’s inflation rises and a carry-trade opportunity emerges amid rising Fed and SARB divergence. South African rand in focus as inflation jumps A report by South… Continue reading USD/ZAR forecast: rand outlook as South African inflation jumps to 4%

Bitcoin price crashed to the important 50-day moving average as it continued facing major headwinds. Spot BTC ETF outflows are soaring, while the Coinbase Premium Index has remained in the red for weeks, a sign that American demand is falling. BTC was trading at $76,745, down sharply from this month’s high of over $82k. Bitcoin… Continue reading Bitcoin price crashes as ETF outflows rise, Coinbase Premium Index slips

Venice AIToken price is getting supercharged today, May 20th, helped by the recent Robinhood listing, upcoming NVIDIA earnings, growing usage, and increased VVV token burns. The token has jumped for four consecutive days and is now nearing its all-time high. Venice AI users are growing In an era when popular companies like ChatGPT and Anthropic… Continue reading Here’s why the Venice AI token price is going parabolic and what next

Brent crude oil price held steady above $110 on Wednesday as investors predicted a prolonged conflict in the Middle East. It has soared sharply from last month’s low of $86.  Potential for a prolonged conflict There is a likelihood that the US and Iran will go through a prolonged conflict this year. That’s because President… Continue reading Brent crude oil price forecast as Trump options in Iran dwindle

Income-focused investors are in a real dilemma as government bond yields surge amid the rising inflation rate in the United States. Do they invest in the blue-chip Schwab US Dividend Equity ETF (SCHD) or invest in the higher-yielding JPMorgan Premium Income ETF (JEPI). JEPI, SCHD, and 10-year government bonds Bond investors argue that yields are… Continue reading SCHD, JEPI, or bonds: better buy as 10-year bond yield surges?

Plug Power, a company that was on the verge of bankruptcy, has staged a strong comeback this year and is beating the broader market. It has jumped by 51% this year and by over 330% in the last 12 months. This surge has brought its market cap to over $5.3 billion, even as the short… Continue reading Here’s why Plug Power stock may jump to $5 soon

Intuit stock price has moved sideways in the past few days as investors wait for its financial results, which will provide more information about its business amid the fears of AI disruption. INTU, the biggest accounting software company in the world, was trading at $403, down from the all-time high of $812.  Intuit to publish… Continue reading Intuit stock forecast ahead of earnings: will it jump or crash?