Here’s why the Kospi Index is slumping today (July 2)
The Kospi Index slumped by over 7% as volatility in South Korea’s equity market continued. It plunged to a low of 7,733, down by 17.50% from its highest point this…
Nikkei 225 Index outlook for July: Top 4 catalysts to watch this month
The Nikkei 225 Index has sold off recently as investors book profits following its strong rally to the all-time high of 72,781 in June. It was trading at 69,190 on…
Bitcoin price prediction: Glassnode sees bottoming signs despite surging ETF outflows
Bitcoin price rose for the second consecutive day despite the rising ETF outflows and the fear that Strategy (formerly MicroStrategy) will dump some of its holdings. BTC jumped to $60,870,…
DRAM: Here’s why this Micron, SK Hynix, Sandisk ETF just crashed
The Roundhill Memory ETF (DRAM) retreated for the second consecutive day as jitters in the memory industry accelerated. The fund, which has become a $24.3 billion behemoth, retreated to $62.45…
Shopify stock eyes breakout as bullish inverted H&S pattern takes shape
Shopify stock has rebounded in the past few weeks, moving from the year-to-date low of $94.47 to the current $121.63. This rebound may continue, helped by its modest revenue growth…
US adds 57,000 jobs in June, missing forecasts; analysts say Fed may delay rate hike
The US economy added just 57,000 jobs in June, well below economists’ expectations, in a sign that the labor market is losing momentum even as the unemployment rate unexpectedly declined…
Dow rises as weak US jobs data eases Fed rate hike expectations
US stocks moved higher on Thursday after a weaker-than-expected June employment report tempered expectations for further Federal Reserve interest rate hikes, while investors continued to assess the outlook for inflation…
Why Tesla stock is tanking 3% even after crushing delivery estimates
Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market.The…
Super Micro stock falls even after letter addresses Taiwan probe concerns
Super Micro Computer Inc. (SMCI) sought to reassure customers and partners after four employees at its Taiwan unit were questioned as part of an investigation into the alleged illegal export…
Nvidia stock continues decline: what’s hurting the AI darling?
Nvidia (NVDA) shares edged lower on Thursday, extending a recent pullback. The stock started the day in the green and even went on to reclaim the $200 mark, but fell…