Palantir stock slips below a crucial technical price: here’s why
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of…
UK retail sales beat forecasts with 1.2% rise in May
British retail sales rebounded more strongly than expected in May, supported by favourable weather conditions and promotional activity by retailers, according to official data released on Friday.The figures come despite…
Micron earnings to test AI chip demand as investors eye market rally
Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum.While major US stock…
UK markets cautious as political and geopolitical risks mount
UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued.Gains in energy and healthcare stocks, however,…
Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI
Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures.The moves…
Mukesh Ambani reveals Jio listing plans amid record Reliance earnings
Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one…
What happens to SpaceX stock after lockup period ends?
SpaceX shares have soared following their blockbuster IPO debut, rising as much as 67% above the $135 offer price and pushing the stock to $225 before recent pullbacks.Despite the strong…
USD/CHF forecast ahead of the SNB interest rate decision today (June 18)
The USD/CHF exchange rate rose modestly after the Federal Reserve left interest rates unchanged on Wednesday, with investors now turning their attention to the Swiss National Bank’s upcoming monetary policy…
Crypto market at risk as liquidations jump 65% after hawkish Fed
The crypto market is on edge today, June 18, as investors react to the hawkish Federal Reserve decision and the ongoing boom in the stock market. Bitcoin price retreated below…
Here’s why Barclays, NatWest, Lloyds shares are pumping this week
UK banking stocks jumped to multi-month highs this week as investors cheered the US-Iran ceasefire deal and waited for the latest Bank of England interest rate decision.NatWest share price jumped…