The Invesco QQQ ETF, which tracks the blue-chip Nasdaq 100 Index, has rebounded this week amid hopes that Donald Trump will wind down the war in Iran, which he reiterated in his prime-time address to the nation. QQQ rose to $585, up modestly from the year-to-date low of $556. Still, there is a risk that… Continue reading QQQ stock rally may be a bull trap: what next for the Nasdaq 100 Index?
Stock Research
China’s Leapmotor reports 26% jump in Q1 deliveries
Chinese electric vehicle maker Leapmotor reported strong delivery growth in the first quarter. The strong numbers came even as broader industry data pointed to intensifying competition and uneven demand in the domestic market. The company delivered 110,155 new energy vehicles during the quarter, marking an increase of nearly 26% from a year earlier. The performance… Continue reading China’s Leapmotor reports 26% jump in Q1 deliveries
STOXX 600, CAC 40 slide as Trump warns Iran war could drag for weeks
The European stock market saw a decline on Thursday as renewed fears over an escalating US–Iran conflict weighed heavily on investor sentiment. Fresh comments from Donald Trump about the potential duration of the war triggered a wave of caution across global financial markets. The pan-European STOXX Europe 600 declined about 1.1% shortly after 9:30 am… Continue reading STOXX 600, CAC 40 slide as Trump warns Iran war could drag for weeks
Tesla’s China-made EV sales climb 8.7% in March
Tesla reported rising sales of China-made electric vehicles, marking a second consecutive quarter of growth despite intensifying competition. Sales of Model 3 and Model Y vehicles produced at Tesla’s Shanghai factory, including exports, rose 8.7% year-on-year to 85,670 units in March, according to data from the China Passenger Car Association. This marked the fifth straight… Continue reading Tesla’s China-made EV sales climb 8.7% in March
FTSE 100, DAX futures sink as Trump escalates Iran stance; oil jumps 6%
European equity futures dropped sharply on Thursday after US President Donald Trump warned of severe military action against Iran, reviving fears of a prolonged Middle East conflict and sending oil prices to their highest levels in months. The moves came as energy markets were already reeling from strikes launched by the US and Israel against… Continue reading FTSE 100, DAX futures sink as Trump escalates Iran stance; oil jumps 6%
Kospi slides 2.8%, Nikkei 1.4% as Trump Iran warning jolts Asian markets
Asian markets opened on the back foot on Thursday, as investors across the region absorbed the fallout from Donald Trump’s overnight address. In his address to the American people, the US President vowed to hit Iran “extremely hard” in the coming two to three weeks, remarks that infused a fresh bout of caution among investors.… Continue reading Kospi slides 2.8%, Nikkei 1.4% as Trump Iran warning jolts Asian markets
RH stock: 4 under the surface updates that warrant buying the dip
RH (NYSE: RH) tanked 19.29% on Apr. 1 after the luxury home furnishings retailer posted disappointing Q4 earnings and issued muted guidance for the current quarter. In its press release, the company said its gross margin contracted by 180-basis-points to 42.9% due to tariff-related costs and adverse weather conditions toward the end of the quarter.… Continue reading RH stock: 4 under the surface updates that warrant buying the dip
Dow ends up 220 points as Trump signals Iran exit, oil falls
Wall Street ended higher on Wednesday, extending a two-day rally as investors grew increasingly optimistic that the US-Iran conflict could be nearing an end. Gains were led by technology heavyweights, while oil prices declined sharply, reflecting easing concerns over supply disruptions. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.17%. The Dow Jones… Continue reading Dow ends up 220 points as Trump signals Iran exit, oil falls
Lumentum stock surges as AI demand and hyperscaler spending soar
Shares of Lumentum Holdings extended their strong run on Wednesday, climbing as much as 11.7% intraday as investor enthusiasm around artificial intelligence infrastructure continued to build. The stock was trading at $766.85, up 9.1% at the time of writing, putting it on track for its largest percentage gain since March 24, when it rose 10%,… Continue reading Lumentum stock surges as AI demand and hyperscaler spending soar
