Investing

Investing
Investing

Oracle stock has crashed: Is it a buy after the $424 billion wipeout?

Oracle stock price continued its downtrend this year, moving to its lowest level since June last year. It has crashed by nearly 50% from its highest level in October last year, with its market capitalization falling from $935 billion to the current $511 billion. This article explores why it has more downside to go ahead

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Investing

Top 3 FTSE 100 Index shares to watch: Lloyds, Airtel Africa, EasyJet

The FTSE 100 Index wavered this week as investors reacted to the geopolitical developments between the UK and the US. It was trading at £10,150, a few points below the all-time high of £10,260. This article looks at some of the top FTSE 100 shares to watch next week. FTSE 100 shares chart | Source:

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Investing

GME stock price analysis: What next for GameStop after the surge?

The GME stock price popped by over 6% on Thursday as investors cheered its ongoing turnaround, and after Ryan Cohen, the Chief Executive Officer, bought 1 million shares in a sign of confidence in the embattled company. GameStop rose to $23, up from the year-to-date low of $20. GME stock price rises as CEO continues

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Investing

ASX 200 Index forecast as UBS predicts RBA rate hike after surprise Australia jobs data

The ASX 200 Index wavered after the latest Australian jobs report raised the possibility that the Reserve Bank of Australia (RBA) will hike interest rate in the next meeting. It also rose after the latest Trump TACO moment on the Greenland issue. It was trading at A$8,837, up slightly from this week’s low of $8,738.

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Investing

JetBlue stock price: golden cross pattern nears ahead of earnings

JetBlue stock price has rebounded in the past few months even as its short interest has risen to 16% and as analysts have turned highly bearish on the company. JBLU jumped to $5.52, its highest level since September 3, and 40% above the lowest level in December last year.  Analysts have turned bearish on JetBlue

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Investing

USD/INR forecast: Here’s why the Indian rupee is in a freefall

The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee

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Investing

Tesco share price is stuck in a correction: can it bounce back soon?

The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year. It was trading at 425p on Wednesday, down from the all-time high of 481p. This article explains what to expect as technicals point to more downside in the near term. Tesco share price

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Investing

Pop Mart share price jumps after buyback, but H&S pattern points to a retreat

Pop Mart’s share price jumped by over 8% on Tuesday, its best performance in five months, as investors cheered its new share buyback program. It rose to an intraday high of H$ 198, up substantially from this month’s low of H$174. It remains 42% below its highest point this year. Pop Mart share price jumps

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Investing

Here’s why the Wise share price has gone parabolic today

Wise share price rose sharply on Tuesday after the British fintech giant published encouraging financial results and maintained its focus on executing a dual-listing. It rose by nearly 13%, reaching its highest level since November 25. Wise business is doing well despite rising competition  Wise, formerly known as TransferWise, is a top British company that

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Investing

Here’s why the Rheinmetall share price is nearing its all-time high

Rheinmetall share price continued rising on Monday, reaching €1,960, its highest point since October, and a few points below the all-time high of €2,010. It has jumped by nearly 40% from its lowest point in December, bringing its market cap to over €90 bilion.  European defense stocks are soaring Other European defense stocks also continued

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