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Investing

Top reasons a United Airlines and American merger is unlikely to happen

The United Airlines (UAL) and American Airlines (AAL) stocks will be in the spotlight today, April 14, as investors react to news of a potential mega-merger. AAL has dropped to $11.25, down by over 30% from its highest point last year. Similarly, United Airlines has dropped to $95, down by 20% from the same period

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Snap stock sends bullish signals ahead of earnings: buy or sell?

Snap stock price rose by 6% on Monday, outperforming other popular companies as the management announced its progress in artificial intelligence (AI) and virtual reality. It jumped to $5.15, up modestly from the year-to-date low of $3.78. This rally will be put to the test when the company publishes its results this week. Snap is

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Goldman Sachs stock analysis and earnings preview: will GS hit $1,000?

The Goldman Sachs stock price has rebounded and is moving closer to its all-time high as the company prepares to release its first-quarter results on Monday. GS jumped to $910, a few points below the all-time high of $977.  Goldman Sachs earnings preview Goldman Sachs, one of the most prestigious companies in Wall Street, has

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Nikkei 225 Index slips as crude oil prices jump after Trump blockade

The Nikkei 225 Index pulled back slightly on Monday, paring back some of the gains made in the past few weeks as energy prices rebounded following Donald Trump’s plan to blockade the Strait of Hormuz. It retreated slightly to ¥56,400 from last week’s high of ¥57,405. Japanese stocks retreat as crude oil jumps The Nikkei

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Brent crude oil price set for rebound as US-Iran talks end without a deal

Brent crude oil price will be in the spotlight on Monday after talks between the United States and Iran failed to achieve a deal, raising the possibility that the ceasefire will end. It ended last week at $94.25, down from the year-to-date high of $119.45. Brent crude oil price may rebound as US-Iran talks fail 

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Ethereum price prediction: sending mixed signals as ETH ETF inflows rise

Ethereum price has risen in the past few days, helped by the ongoing exchange-traded funds (ETF) inflows and the recently announced US-Iran ceasefire. ETH token was trading at $2,220 on Sunday, up by 30% from its lowest level this year. Ethereum price is sending mixed signals  The three-day chart shows that Ethereum price is sending

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Will Cardano price rebound from an all-time low ahead of Leios testnet?

Cardano price has slumped to a record low this year despite the recent Midnight mainnet launch. ADA trades at $0.25 today, April 10, up slightly from the all-time low of $0.2168. So, will the token rebound ahead of the upcoming Leios upgrade launch in June? Cardano to Launch Leios Upgrade in June ADA price will

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Sezzle stock crashes after director’s exit, but a bullish pattern is forming

Sezzle stock has remained inside a narrow range since August last year when it plunged after releasing its weak results. It was trading at $60.68 on Friday, down by 67% from its highest point last year.  It dropped by over 12% on Friday after a board member resigned, citing differences with management. Still, it has

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USD/ZAR forecast: South African rand surges as rising wedge activates

The South African rand has staged a strong comeback this week after the US and Iran’s ceasefire agreement that may ultimately lead to lower oil prices in the country. The USD/ZAR exchange rate plunged to 16.40, down sharply from the year-to-date high of 17.23. South African rand gained ahead of ceasefire talks  The South African

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Here’s why the Nigerian naira is gaining against the US dollar

The Nigerian naira has done relatively well this year, despite the recent sell-off in emerging markets currencies amid the US war against Iran. The USD/NGN exchange rate dropped to 1,358 on April 10, down by 20% from its highest point in 2024.   Why the Nigerian naira has soared There are at least three main reasons

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