Canoo stock price: Is GOEV a good contrarian buy?
Canoo stock price has imploded, costing long-term investors millions of dollars over time. GOEV shares plunged by over 24% on Friday after it unveiled another round of furloughs as odds…
Investing
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3 Tesla wannabe companies that may not survive the EV race
Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4…
Tilray Brands stock price has crashed: time to buy the dip?
Tilray Brands stock price has been in a strong downward trend this year and is now sitting near its all-time low as concerns about the cannabis industry remains. It has…
USD/MXN forecast ahead of Fed and Banxico rate decisions
The USD/MXN exchange rate has moved sideways in the past few weeks as traders eye the upcoming Federal Reserve and Banxico interest rate decision. The pair was trading at 20.11…
USD/TRY surged to a record high: will it make it a comeback?
The USD/TRY exchange rate has had another difficult year as actions of Turkey’s central bank failed to reboot the currency. The pair has jumped to a record high of 34.88,…
USD/RUB: Is it a good carry trade pair as BoR and Fed diverge?
The Russian ruble has remained under pressure this year as the impact of sanctions and a stronger US dollar continued. The USD/RUB pair was trading at 104.50, down by 8.8%…
Bitcoin price prediction: The long-term bullish case for BTC
Bitcoin price has held steady in the past few months, and is holding near a record high as demand remains high. The coin was trading at $101,760, which is about…
Micron stock price forecast ahead of earnings: buy or sell?
Micron stock price will be in the spotlight as it publishes its final quarterly results next week. These numbers will come at a time when the MU share price has…
SoundHound stock price is soaring: more upside?
SoundHound stock price has gone parabolic this month and is nearing its all-time high as demand for its solutions rise. SOUN was trading at $17, its highest point since May…
Nike stock price analysis: buy, sell, or hold ahead of earnings?
Nike stock price will be in the spotlight next week as the highly embattled company publishes its financial results. These numbers will come at a time when its shares have…