China is “selling” America, but the rest of the world is still buying
The past few months have produced a strange contrast in global markets. Headlines warn that China is cutting back on US treasuries while the dollar slides and confidence in America…
Gold reclaims $5,000, silver surges 6% as experts say bullish momentum intact
Gold prices reclaimed the psychologically crucial level of $5,000 per ounce on Monday as economic data from the weekend boosted sentiment. A weaker dollar against a basket of major currencies lifted…
Morning brief: Takaichi wins Japan election, Starmer’s chief of staff quits
Global markets opened the week with a burst of political and technology-driven momentum. Investors reacted to a sweeping election victory of Sanae Takaichi in Japan, fresh gains in Asian equities,…
Stellantis stock collapses as bearish setup signals deeper pain
Stellantis stock price continued its downward trend, reaching its lowest level since September 2020. It has tumbled from a record high of $25 in 2024 to a low of $7.25.…
BP share price rally gains steam: Will it hit 500p after earnings this week?
BP share price continued its strong bull run last week as it reached its highest level since April 2024, continuing a recovery that started in April when it bottomed at…
Barclays share price forms risky patterns ahead of earnings
Barclays share price pulled back last week as the Bank of England (BoE) delivered its interest rate decision and as traders waited for its upcoming earnings, which will provide more…
Oil finds short-term support as oversupply eases, bearish risks linger
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its outlook…
SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?
Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-standing speculation about whether his sprawling corporate empire could eventually be…
Wedbush: buy these two ‘still overvalued’ stocks amidst software rout
The software sector is currently weathering a violent storm, characterized by a rapid sell-off that some are calling a “SaaSapocalypse.”The panic intensified this week as AI startup “Anthropic” introduced advanced…
How Apple defied the tech stocks’ rout as AI spending fears hit rivals
Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor names. Apple, however, has emerged as a rare…