Here’s why Rocket Lab stock is ripe for a strong comeback
Rocket Lab stock price has slipped in the past few weeks as investors book profits following the spectacular rally that happened before the SpaceX IPO. RKLB dropped to the key…
Investing
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Elon Musk’s net worth plunges $300B as SpaceX stock crashes
SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public offering (IPO) on record. SPCX tumbled to $154, down sharply from its…
Hang Seng Index just flashed a death cross as Kospi, Nikkei 225 surge: here’s why
The Hang Seng Index continued to deviate from its global peers today, June 22, and formed two major highly bearish patterns, pointing to further downside in the near term. The index,…
Japan’s Kioxia stock is beating Micron, Sandisk, SK Hynix: here’s why
Global investors have focused on the performance of top memory stocks like Micron (MU), Sandisk (SNDK), and SK Hynix this year as they surpass their all-time highs each week. However,…
FTSE 100 Index outlook: top 3 catalysts for the Footsie this week
The FTSE 100 Index has wavered in the past few weeks and continued to underperform its top global peers like the S&P 500, Kospi, and the Nikkei 225. It has…
Western Digital, Seagate, Sandisk stocks are bracing for a major Micron event
Sandisk, Western Digital, and Seagate stocks have been in a strong rally this year and are the top gainers in the S&P 500 and Nasdaq 100 indices. SNDK jumped by…
Nio, XPeng, Li Auto, BYD, Polestar: Why are China EV stocks tumbling?
China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its…
Top crypto price predictions: Aerodrome, Jupiter, Aster
The crypto market remained in a consolidation mode on Sunday as demand waned following last week’s hawkish Fed decision. Bitcoin was trading at $64,400, up by 1% in the last…
USD/JPY: Here’s why the Japanese yen has slumped to a 40-year low
The USD/JPY exchange rate continued its strong rally last week, reaching its highest point since 1986. It peaked at 161.81, up by 15% from its lowest level in May last…
Top 3 catalysts for the S&P 500 Index this week
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…