Investing

Investing
Investing

VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal

The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level since June 11. There is a risk that the recent stock market rally is about to take a breather.  S&P 500 Index has fallen despite some major good news The S&P 500

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Investing

Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?

Figma’s stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly traded company. FIG dropped to $16 on Thursday, down sharply from the all-time high of $142. Private valuation and public reality Figma is one of

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Investing

Kospi Index, EWY ETF jumps after Micron earnings, but major risks remain

South Korea’s Kospi Index jumped by over 5% on Thursday, and is slowly nearing its all-time high of 9,387. It has soared by 184% in the last 12 months, making it the best-performing global index. Similarly, the iShares MSCI South Korea ETF (EWY) has soared by 171% in the same period and is nearing the

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Investing

Nikkei 225 Index nears crucial price as Kioxia, Tokyo Electron, Softbank stocks surge

The Nikkei 225 Index jumped and neared its all-time high as memory and semiconductor companies like Kioxia, Tokyo Electron, Advantest, and Keyence Corporation soared. It jumped by over 5% to 71,950, a few points below the all-time high of 72,781. Kioxia, Tokyo Electron, Advantest, and Keyence boosts Japan stocks The Nikkei 225 Index has soared

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Hang Seng Index forms death cross as Anthropic accuses Alibaba of distilling

The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days and is down by nearly 20% from its highest point this year.  The Hang Seng has diverged from other global indices like the Nikkei 225 and Kospi

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Investing

Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500

The S&P 500 Index has surged more than 21% over the past 12 months and is up 7% year to date, adding trillions of dollars in market value. The rally has been fueled by the ongoing artificial intelligence boom, which has driven corporate earnings growth to multi-year highs. Top software stocks are plunging this year

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Soaring Western Digital stock faces some major risks: is a reversal coming?

Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960% in the last 12 months, bringing its market capitalization to over $221 billion. While this rally may continue after the Micron earnings, WDC faces some

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Investing

What’s the point of investing in Cathie Wood’s ARKK ETF anyway?

Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68 and $82.35 since April. It has risen by 9% in the last 12 months, while the Nasdaq 100 Index has soared by 28%.  ARKK has

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Investing

Kospi Index forms bearish divergence ahead of Micron earnings

The Kospi Index retreated sharply this week, reaching its lowest level since June 12, as technology stocks plunged. The KOSPI fell nearly 10% on Tuesday, before rebounding on June 24 as investors reassessed the sharp tech-led selloff. Sentiment, however, remains fragile and could come under renewed pressure if Micron (MU) disappoints investors with its earnings

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Investing

Nikkei 225 Index slips as Kioxia stock suffers a harsh reversal

The Nikkei 225 Index has slumped over the past two consecutive days, reaching a low of 68,863 as fears of a technology bubble intensify. It has slipped by 5.5% from its high this week, with key technology companies in the red.  Kioxia stock nears a bear market The Nikkei 225 Index has dropped sharply in

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