Intuit stock price has moved sideways in the past few days as investors wait for its financial results, which will provide more information about its business amid the fears of AI disruption. INTU, the biggest accounting software company in the world, was trading at $403, down from the all-time high of $812. Intuit to publish
Plug Power, a company that was on the verge of bankruptcy, has staged a strong comeback this year and is beating the broader market. It has jumped by 51% this year and by over 330% in the last 12 months. This surge has brought its market cap to over $5.3 billion, even as the short
Income-focused investors are in a real dilemma as government bond yields surge amid the rising inflation rate in the United States. Do they invest in the blue-chip Schwab US Dividend Equity ETF (SCHD) or invest in the higher-yielding JPMorgan Premium Income ETF (JEPI). JEPI, SCHD, and 10-year government bonds Bond investors argue that yields are
The WTI crude oil price jumped to $103.3 on Monday morning as investors bet that the US and Iran will go back to war. Brent, the global benchmark, rose to $111.27, its highest point since May 5. These gains may accelerate in the near term if the war resumes. Donald Trump threatens Iran The WTI
The Nikkei 225 Index dropped for three consecutive days, reaching a low of ¥60,910, its lowest level since May 7 this year. It has pulled back from this month’s high of ¥63,760 as crude oil prices drop, and Japan bond yields jump. Japan stocks drop as crude oil prices jump The Nikkei 225 and Topix
A crypto crash is happening today, May 18, with Bitcoin leading the charge, amid rising liquidations and bond yields. Bitcoin price dropped to $76,500, its lowest level in three weeks. Most altcoins were in the red, with Bitcoin Cash (BCH) falling by 7.30% and Terra Luna Classic (LUNC), Pi Network (PI), and World Liberty Finance
Scottish Mortgage Investment Trust share price has been in a strong bull run this year, and this rally may gain momentum in the coming months, helped by some of its top constituent companies. SMT stock jumped to 1,513p, its highest level since November 2021, and by 138% from its lowest point in 2023, SMT share
Gold price continued its strong downward trend on Monday, reaching its lowest level since March 30th. It was trading at $4,545, down by nearly 20% from its highest point this year. This retreat continued as headwinds rose, even as Goldman Sachs analysts identified a major potential catalyst. Gold price drops as major headwinds emerge Gold
The FTSE 100 Index has retreated sharply in the past few weeks and underperformed its global peers like the S&P 500, Nasdaq 100, and Kospi. It ended last week at 10,195, down from the year-to-date high of 10,931. This article looks at the key catalysts that will drive the Footsie this week. FTSE 100 Index
ServiceNow stock price has tumbled in the past few months, erasing billions of dollars in value as the market capitalization has dropped from $233 billion to $98 billion. NOW has tumbled amid the rising concerns that artificial intelligence tools will disrupt its business model. So, is it safe to buy the dip or sell the