SNAP stock is troubled, but a major comeback can’t be ruled out
Snap stock price has gone nowhere since 2022 as concerns about its growth and rising competition rose. It has remained between the support at $8.22 and the resistance at $17.57…
MongoDB stock price forms golden cross nears ahead of earnings
MongoDB (MDB) stock price has bounced back after bottoming at $214 in June this year. It rallied to a high of $344, and is hovering at its highest point since…
Australia targets illegal crypto ATM operators with new regulatory task force
Regulators in Australia are stepping up oversight of the cryptocurrency sector with a new task force aimed at cracking down on illegal crypto ATM operators. According to a recent statement…
Chile’s inflation rate slows to 4.2% in Nov as food, housing prices ease
In November 2024, Chile’s inflation rate saw a positive drop to 4.2%, down from 4.7% in October. This shift is significant for consumers and policymakers, as it comes amid various…
Argentina slashes benchmark rate to 32% amid ongoing inflation crisis
Argentina’s central bank announced on Thursday a dramatic cut in its benchmark interest rate, from 35% to 32%. This is the latest in a string of monetary measures by the…
Lululemon stock is unlikely to find its mojo again in 2025
Lululemon Athletica Inc (NASDAQ: LULU) is not very likely to command a higher multiple until it manages to lift its US sales, as per Anna Andreeva of Piper Sandler. The…
Uber responds to Waymo, launches robotaxi rides in Abu Dhabi
Uber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits…
Is Plug Power a good contrarian stock to buy?
Plug Power (PLUG) stock price went parabolic on Thursday even after an influential short-seller warned that the company may go bankrupt. The PLUG share price was trading at $2.50, up…
Affirm stock price forecast: set to enter beast mode soon
Affirm stock price has done well this year, and is hovering at its highest level since 2022 as demand for its services rise. It was trading at $71.88, up by…
Costco stock price forms risky patterns: is the bubble about to pop?
Costco stock price has been an excellent performer over the years, which has helped it become one of the biggest companies in the US. It has jumped by 620% in…