Very good news for Applied Digital (APLD) stock; but risks remain
The Applied Digital (APLD) stock price has gone parabolic in the past few days, making it one of the best-performing companies in Wall Street. The stock surged to a high…
Penny stocks analysis: AITX, Intelligent Bio (INBS), Tonix (TNXP)
Penny stocks could see some more volatility in the coming months as the Federal Reserve starts cutting interest rates later this month. Historically, many traders tend to rotate to these…
Nikkei index drops over three percent amid global market slump
Tokyo’s Nikkei 225 index experienced a sharp drop of 3.02 percent, or 1,098.77 points, to settle at 35,292.70 in early trading on Monday. This decline follows a recent wave of…
China’s CPI rises 0.6%, missing expectations as transportation and home goods prices drop
China’s consumer price index (CPI) increased by 0.6% year on year in August, falling short of the 0.7% growth anticipated by analysts. The slower-than-expected rise reflects a decline in prices…
BBVA adds USDC custody and trading services for its Switzerland clients
Spain’s multinational banking and financial services company Banco Bilbao Vizcaya Argentaria, SA, has expanded its digital asset services by adding USD Coin (USDC) for its institutional and private banking clients…
Here’s why Swatch Group and Richemont shares are crashing
The Swatch Group (UHR) and Richemont (CFR)) share prices have crashed hard in the past few months as investors dump luxury goods companies. Richemont stock was trading at CHF 120,…
Nikkei index drops over three percent amid global market slump
Tokyo’s Nikkei 225 index experienced a sharp drop of 3.02 percent, or 1,098.77 points, to settle at 35,292.70 in early trading on Monday. This decline follows a recent wave of…
Rolls-Royce share price suffers a mild reversal, still cheap vs GE stock
Rolls-Royce (LON: RR) share price suffered a harsh reversal last week as concerns about its A350 engine emerged and as global stocks crashed. The stock peaked at a record high…
As crude oil prices crash, these energy stocks are soaring
Energy stocks have plunged hard in the past few days as crude oil prices continued crashing. The Vanguard Energy ETF (VDE) has retreated in the past four consecutive days, moving…
Occidental (OXY): Warren Buffett’s top oil stock gets oversold
Occidental Petroleum (NYSE: OXY) stock price is falling apart. It has crashed in the last four consecutive weeks, moving to its lowest level since April 2022. After peaking at $70.73…