The Kospi Index rose by over 1% on Friday as a sense of calm emerged ahead of the upcoming US nonfarm payroll (NFP) data. It rose to 6,663 points even as its top companies, like Samsung Electronics and SK Hynix, rose modestly. Still, the index remains under intense pressure as the deleveraging continues. Kospi Index
Ondas stock has wavered in the past few months, moving from last year’s high of $15.30 to the current $7.6 mirroring the performance of other drone companies. ONDS was trading at $7.61, down by over 50% from its all-time high. This retreat has coincided with the ongoing performance of companies in the drone industry. AeroVironment
Investors have turned attention to the Schwab US Dividend ETF (SCHD) this year as it jumped to a record high, beating the benchmark funds tracking the Nasdaq 100 and S&P 500 indices. SCHD has jumped by 27% this year and is set to overtake the Vanguard Dividend Appreciation (VIG) fund. Breakwave Tanker Shipping ETF is
Crude oil price jumped to a crucial resistance level as the crisis in the Middle East continued. Brent, the global benchmark, jumped to $95.3, while the West Texas Intermediate (WTI) moved to $91. Crude oil price jumps as Iran escalates Brent and WTI benchmarks jumped as investors reacted to the latest attacks in the Middle
The Australian dollar held firm today, September 3rd, as investors adjusted their RBA and Federal Reserve expectations for the year. The AUD/USD pair was trading at 0.7165, a few points below the August high of 0.7207. RBA rate hike expectations rise Traders are bracing for interest rate hikes from the Federal Reserve and the Reserve
Snowflake stock has remained in a narrow range in the past few weeks, but this may change later today, September 2nd, when the company publishes its financial results. SNOW was trading at $319.80, down modestly from last month’s high of $341. Snowflake to publish earnings as growth continues Snowflake, one of top technology companies that
Rolls-Royce’s share price remains under pressure this week, falling to its lowest level since July 31st. The stock has now dropped nearly 9% from its yearly high, and technical indicators point to further downside, potentially toward 1,330p, before a rebound takes hold. Rolls-Royce Holdings is facing some major pressures RR stock has crashed sharply in
HP Enterprise stock jumped by 4% in extended hours after Dell, its top competitor, announced strong financial results, which drove its shares up by nearly 10%. HPE jumped to $53.45, up modestly from Tuesday’s close of $50 as focus now shifts to its earnings. HP Enterprise boosted by Dell earnings HPE stock jumped after Dell,
The NZD/USD exchange rate continued its strong downward trend, reaching its lowest level since August 13 this year after the Reserve Bank of New Zealand (RBNZ) delivered its interest rate decision. It slumped to 0.5835, down by over 2.6% from its highest point in August. RBNZ interest rate hike New Zealand’s RBNZ decided to hike
Duolingo stock has crawled back in the past few months, moving to its highest point since January this year. DUOL soared to $162, up by 77% from its lowest level this year. There is a risk that the stock may be on the verge of a reversal. Duolingo is in a transition from growth to