The FTSE 250 Index retreated sharply this week, reaching its lowest level since December last year. It dropped to £22,150, down by over 7.2% from its highest point this year, losing millions of pounds in value. The index will be in the spotlight next week as the Bank of England (BoE) interest rate decision on… Continue reading Top FTSE 250 shares to watch: IG Group, Travis Perkins, Trustpilot
Stock Research
Why are investors suing JPMorgan over a $328M crypto Ponzi case?
Investors in Goliath Ventures have filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan Chase of enabling an alleged $328 million crypto Ponzi scheme. The lawsuit claims JPMorgan served as Goliath’s primary bank during the operation, processing deposits and transfers to Coinbase wallets despite multiple warning… Continue reading Why are investors suing JPMorgan over a $328M crypto Ponzi case?
Why Josh Brown sees Starbucks as ‘best stock in the market’
After years of underperformance that left investors questioning the “King of Coffee,” Josh Brown is officially ringing the bell for a Starbucks (NASDAQ: SBUX) comeback. The veteran trader and chief executive of Ritholtz Wealth Management argues that the coffee giant has transitioned from a “fallen angel” into one of the most compelling opportunities in the… Continue reading Why Josh Brown sees Starbucks as ‘best stock in the market’
US stocks close deep in red, Dow tumbles 739 points on war jitters
US stock markets closed firmly in the red on Thursday as the major indices fell to their lowest since November of last year. The investors remained on edge as the US-Iran war continued to weigh on the sentiment, and oil prices continued their upward trajectory. Dow Jones closed 739 points lower at 46,677.67, while the… Continue reading US stocks close deep in red, Dow tumbles 739 points on war jitters
Lucid stock offers three big reasons to warrant a long-term investment
Investors are bailing on Lucid Group (NASDAQ: LCID) this morning as the “ambitious” plans it laid out in its Investor Day presentation failed to alleviate concerns of widening losses and future dilution. However, for high-risk long-term investors, the firm’s announcement of mid-size electric SUV and robotaxi initiatives warrants looking beyond its near-term cash burn and… Continue reading Lucid stock offers three big reasons to warrant a long-term investment
Why is AMD stock falling ahead of Lisa Su’s high-stakes Korea trip?
Advanced Micro Devices (NASDAQ: AMD stock) slipped nearly 3% on Thursday as investors looked past an important overseas trip by Chief Executive Lisa Su and focused instead on a more immediate problem. The plunge on Thursday came amid broader market weakness as the oil prices continue to rise and the Iran-US conflict is escalating with… Continue reading Why is AMD stock falling ahead of Lisa Su’s high-stakes Korea trip?
UiPath stock: why sell-off makes sense despite Q4 beat and buyback
UiPath Inc (NYSE: PATH) opened in the red this morning after the firm’s muted full-year outlook tempered its Q4 beat and announcement of a new $500 million share repurchase programme. To some, the sell-off may look like an overreaction, especially given that the software company posted its first-ever profit on a GAAP basis on March… Continue reading UiPath stock: why sell-off makes sense despite Q4 beat and buyback
Analysts see these US chemical stocks gaining as Middle East conflict deepens
Shares of US chemical producers moved higher as investors assessed the impact of escalating tensions in the Middle East on global supply chains. Companies with significant production along the US Gulf Coast, including Dow and LyondellBasell Industries, have emerged as potential beneficiaries of disruptions to petrochemical exports from the region. Analysts at Citi upgraded both… Continue reading Analysts see these US chemical stocks gaining as Middle East conflict deepens
Why Tesla stock is down around 3% today
Shares of Tesla declined Thursday as broader US equity markets came under pressure amid rising oil prices and escalating tensions involving Iran. Tesla stock fell roughly 3% during the session. The weakness came alongside a broader market downturn. The Dow Jones Industrial Average dropped 611 points, or 1.3%, while the S&P 500 lost 1.2%. The… Continue reading Why Tesla stock is down around 3% today
