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…
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Category: Investing
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…
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…
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…
XRP price prediction amid ETF inflows and RLUSD growth
XRP price retreated for the fourth consecutive day, even as demand in its exchange-traded funds (ETF) continued this week. Ripple dropped to $1.1305, a few points below this week’s high…
Palantir stock slips below a crucial technical price: here’s why
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of…
Here’s why Barclays, NatWest, Lloyds shares are pumping this week
UK banking stocks jumped to multi-month highs this week as investors cheered the US-Iran ceasefire deal and waited for the latest Bank of England interest rate decision. NatWest share price…