Hang Seng index could go parabolic as a rare chart pattern nears
The Hang Seng index has surged this year and is beating some of its top global peers like the Dow Jones, Nasdaq 100, and S&P 500. It has jumped by…
FTSE MIB index analysis: here’s why Italian stocks are surging
Italian stocks are doing well this year, with the blue-chip FTSE MIB index surging to a record high. It has risen in the last six days and is trading at…
Carvana stock price is crumbling: is it safe to buy the CVNA dip?
Carvana stock price has moved into a bear market after plunging by over 36% from its highest level this year. CVNA has fallen to its lowest level since January 26,…
India’s stock market sheds $900 billion since September as retail investors face a major test
For years, India’s stock market has been a prime destination for retail investors seeking better returns than traditional savings. However, after reaching record highs, the market has entered a prolonged…
ECB delivers sixth rate cut in nine months amid Trump tariff uncertainity
The European Central Bank on Thursday lowered interest rates by 25 basis points, bringing the deposit facility rate to 2.5%. The widely expected move marks the central bank’s sixth rate…
Trump exempts Mexico from tariffs on goods and services covered under USMCA, fate of Canada uncertain
President Donald Trump announced that Mexico will be exempt from his newly imposed 25% tariffs on goods and services covered under the USMCA trade agreement, providing temporary relief for a…
Salesforce, Microsoft, and 3 other software stocks Evercore ISI wants you to buy amid market pullback
Investors have been cautious about high-growth technology stocks in 2024, with broader market uncertainty and concerns over President Donald Trump’s tariff policies putting pressure on valuations. The Nasdaq Composite has…
Gold prices hover near $2,900: Will trade uncertainty push further gains?
Gold prices remained subdued above the $2,900 per ounce mark on Friday even as the precious metal is set to experience a weekly gain. “The commodity, however, remains confined in a…
Crypto market slides despite Trump’s Bitcoin reserve announcement
The cryptocurrency market faced turbulence on Friday, with Bitcoin (BTC) plunging to an intraday low of $84,717 despite the announcement of a Bitcoin strategic reserve by the US government. The…
Elon Musk’s SpaceX faces fresh hurdles as Starship explodes again
SpaceX faced another major setback as its Starship spacecraft exploded mid-flight shortly after launching from Boca Chica, Texas. This marks the second consecutive failure for Elon Musk’s Mars-bound rocket program…