Investing

Investing
Investing

LVMH share price is imploding: will it rebound or crash further?

LVMH share price continued to struggle this month, hovering near its lowest level since December 2020. The stock is down more than 54% from its 2023 peak, erasing billions of dollars in value as market capitalization has fallen from €439 billion to about €189 billion. Over the past 12 months, the slide has also cut

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Investing

Top FTSE 100 shares to watch this week: IAG, BT Group, Vodafone, Barclays

The FTSE 100 Index has come under pressure in the past few months as demand for stocks waned amid the ongoing surge in UK bond yields. It dropped to 10,552 points, down from the year-to-date high of 10,986. This article looks at some of the top Footsie stocks to watch this week. IAG stock in

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Lockheed Martin stock at risk as Anduril builds cheaper Patriot, THAAD alternative

Lockheed Martin stock has come under pressure and is underperforming the broader market this year. It was trading at $509 on Friday, down by 26% from its highest point this year, and this sell-off may continue as Anduril launches a new interceptor missile known as Steelfin. Anduril is working on Steelfin, challenging Lockheed Martin For

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Investing

Tesco shares jumped after earnings: is there more upside left?

Tesco share price jumped to 516p last week, its highest level since June after releasing strong financial results. It jumped to a high of 516p, up by 25% from its lowest level this year. This rally may continue as its growth remains steady despite the rising challenges.  Tesco published strong earnings Tesco, the biggest retailer

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Investing

DRAM ETF is at risk of a retreat as outflows rise despite memory boom

The Roundhill Memory ETF (DRAM) has remained in a consolidation phase in the past two months. It was trading at $57 on Friday, down 30% from its highest point this year. This consolidation has coincided with the ongoing performance of top memory stocks in the US, South Korea, and Japan. So, is it a good

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Investing

Top 3 catalysts for the S&P 500 Index this week: bonds, earnings season, CPI

The S&P 500 Index will be in the spotlight this week as investors react to the upcoming earnings season, US inflation data, and the bond market. It ended last week at 7,811, a few points below its all-time high of 7,845. It remains up by over 13% from its January levels. This article looks at

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Investing

Gold price forecast as US Treasury yields fall ahead of the inflation report

Gold price rose slightly on Monday morning as investors focused on the falling oil and US bond yields. It rose to $4,211, up slightly above its monthly low of $4,062. Focus among traders will be on the upcoming US inflation data and a statement from Kevin Warsh, the Fed Chairman. Gold price jumps as crude

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Investing

Nio stock slide continues in Hong Kong as headwinds rise

Nio stock has continued its downward spiral this month after a report showed that the company’s business is slowing. The shares fell to HK$26.95 in Hong Kong on Monday, more than 50% below their peak for the year. Its US-listed ADRs have also been caught in a heavy sell-off, wiping billions of dollars from the

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Investing

Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered

Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about the artificial intelligence boom. So, will the stock continue falling or bounce back as some of its portfolio companies flop? Top Nvidia-backed companies are flopping

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Crypto price predictions: Starknet (STRK), Celestia (TIA), Aerodrome Finance (AERO)

The crypto market has wavered in the past few days, with Bitcoin falling to $83,000 and the market capitalization of all tokens dropping to $2.8 trillion. Despite this, some top tokens like Starknet (STRK), Celestia (TIA), and Aerodrome Finance (AERO) are soaring.  Starknet price prediction Starknet token has gone parabolic recently, reaching a high of

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