Investing

Investing
Investing

Top stocks dragging the Dow Jones Index as it moves into a correction

The Dow Jones Index has moved into a correction after falling by over 10% from its highest point this year and is now hovering at its lowest level since September last year. Salesforce is the worst-performing Dow Jones Index stock this year  Salesforce stock price has crashed by 32% this year, making it one of

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Investing

Southwest stock trails top peers as a key strategic change backfires

Southwest Airlines stock price has plunged harder than its American peers during the ongoing Iran war as a key strategy decision made last year backfired. LUV has dropped by 25.3% in the last 30 days, while Delta, United Airlines, and American Airlines have slumped by 2%, 17%, and 21%, respectively. LUV stock vs United Airlines,

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Investing

As Blue Owl stock price implodes, is it safe to buy the dip?

Blue Owl stock price has suffered a harsh reversal since last year, erasing billions of dollars in value as the company has moved from one crisis to another. It slumped to $8.85, down sharply from the all-time high of $25.  This retreat has led to a $28 billion wipeout as the market capitalization has dropped

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Investing

Here’s why MLP stocks like Energy Transfer, Enterprise Partners are soaring

Top master limited partnership stocks are firing on all cylinders this year, with most of them hovering at their all-time highs, even as the stock market has moved into a correction. Energy Transfer stock jumped to a record high of $19.8, up by 46% from its lowest point last year. Top MLP stocks have jumped

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Investing

Reddit stock price has imploded: buy the dip or sell the rip?

Reddit stock price has slumped in the past few months, moving from a record high of $281 in September last year to $127 today. Its market capitalization has dropped from over $50 billion to the current $21 billion. So, will the strong revenue growth help it bounce back? Reddit stock crashes amid numerous headwinds  The

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Investing

Bitcoin price prediction: Alarming pattern forms as geopolitical risks rise

Bitcoin price remains in a technical bear market this week after falling by double digits from the all-time high. BTC was trading at $66,800 on Sunday, and its fundamentals and technicals suggest that it has more downside to go in the foreseeable future. Bitcoin price technical analysis points to a steep crash  The three-day timeframe

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Investing

Platinum price forecast: Here are the key levels to watch

Platinum price is hovering above the crucial support level of $1,950 after rising above it earlier this week. The easing of crude oil prices below the triple-digit zone has offered some relief to precious and industrial metals. Nonetheless, the bulls lack enough momentum to secure the support zone as investors weigh the fragile de-escalation hopes.

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Investing

Gold price forecast: Will it rebound or fall further?

Blockage of the all-important Strait of Hormuz has caused the largest disruption in the oil market, and gold price is feeling the heat. While the long-term outlook remains bullish, investors are keen on how the Fed and other major central banks will respond to the uncertainties. Besides, hopes of a ceasefire in the Middle East

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Investing

Will the share buybacks boost the Pop Mart stock price?

Pop Mart stock price continued its freefall in Hong Kong on Friday, reaching a low of $150, its lowest level since April 17. It has plunged by over 55% from its highest level last year, erasing billions of dollars in value.  Pop Mart stock drops despite share buyback  The Pop Mart stock price has slumped

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Investing

USD/JPY forecast as Japan mulls yen intervention amid the sell-off

The Japanese yen continued its downtrend this week, raising the possibility that the Bank of Japan (BoJ) will intervene as it nears a crucial level. The USD/JPY exchange rate was trading at 159.60, a few points below the all-time high of 161.95. It has soared by over 14.3% from its lowest point last year. Why

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