Investing

Investing
Investing

Gold’s GLD ETF inflows soar despite short-term pullback

Gold price has held in a tight range as the bulls lack enough momentum to retest the support-turn-resistance zone of $4,200. Notably, a stronger US dollar and expectations of a hawkish Federal Reserve have curbed the bullion’s gains, at least in the short term.  However, gold’s safe-haven appeal remains steady as investors worry about the

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Zoom stock price analysis: is ZM a buy ahead of earnings?

Zoom stock price has remained in a deep consolidation phase in the past few years as demand for its services waned. It has remained inside the support and resistance levels at $56.27 and $91 since 2022.  ZM stock was trading at $78.64, down by over 86% from its highest level since 2020. In contrast, the

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Is the crypto market crash ending, or is this a dead-cat bounce?

The crypto market crash eased during the weekend as investors bought the recent dip, and as American stocks rebounded from their Thursday crash. Bitcoin price rose to $86,500 from last week’s low of $80,000.  Other top cryptocurrencies were also in the green, with Ethereum, XRP, Solana, and Chainlink rising by over 3% in the last

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Here’s why South Korea’s KOSPI Index may retreat soon

South Korea’s KOSPI Index has been in a strong uptrend this year, helped by the country’s president’s commitment to push it to KRW 5,000 earlier this year. It jumped to a record high of KRW 4,244, up by 86% from its lowest level this year. This rally could be about to end after the index

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Investing

Top crypto to watch this week: Monad, Pi Network, XRP

The crypto market remained under pressure last week as Bitcoin and top tokens retreated, erasing billions of dollars in value. Bitcoin moved to $80,000, while the market cap of all tokens dropped by over $2.86 trillion. This article explores some of the top cryptocurrencies to watch this week, including Monad (MON), Pi Network, and XRP.

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Investing

Oracle stock price comes back to earth: is ORCL a buy now?

Oracle stock price has suffered a major reversal as concerns about the artificial intelligence (AI) and its soaring debt remain. ORCL dropped to a low of $198, down by over 36% from its highest point this year. Its market cap has dropped from over $967 billion to $530 billion.  Oracle stock has crashed amid debt

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Top reasons behind the crypto market crash today (Nov. 21)

The crypto market crash continued its strong downtrend on Friday, with Bitcoin tumbling to $85,000. Ethereum plunged by 7.65% in the last 24 hours to $2,800, while XRP, BNB, Solana, and Dogecoin dived by over 5%. So, why is the crypto crash happening? Crypto market crashes intensified as stocks plunged The ongoing crypto crash intensified

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USD/JPY forecast as Japan unveils a new $135 billion stimulus

The Japanese yen continued its freefall after Japan approved a bigger-than-expected stimulus and after a report showed that inflation remained stubbornly high in October. The USD/JPY exchange rate was trading at 157.18, a few points below this week’s high of 157.73. Japan passes a big stimulus package  The USD/JPY exchange rate has been in a

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Investing

Ocado share price forms risky pattern as Kroger woes mount

Ocado share price continued its painful crash this week as it plunged to its lowest level since 2013. It has plunged from the pandemic high of 2,910p to the current 187p as setbacks accelerated. So, is it safe to buy the dip in this fallen angel? Ocado in trouble amid Kroger woes Ocado, a top

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Stock market crash: here’s why global equities are down today

The global stock market is going down today, Nov. 21, mirroring the performance of American shares on Thursday.  In Europe, the German DAX, French CAC 40, and the British FTSE 100 fell by over 0.60%. The closely-watched Stoxx 50 Index dropped by over 1%, with most of its constituent companies being in the red. The

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