Nasdaq Composite index forms a risky pattern, pointing to a reversal
The Nasdaq Composite index has done well this year, helped by the strong performance of technology companies. It has risen by over 20% this year and is hovering near its…
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With uncertainties looming, can US stock market replicate the historic November to April rally?
As the US stock market approaches its traditionally best-performing six-month period from November through April, investors are balancing hopes for continued growth against rising Treasury yields and looming presidential election…
IEP stock: No good reason to invest in Icahn Enterprises
Icahn Enterprises (IEP) stock price suffered a harsh reversal this week after the company suffered a major setback. It has crashed by over 15% this week, erasing some of the…
Siemens to acquire Altair Engineering for $10.6B, strengthening industrial software division
Siemens AG, Germany’s industrial powerhouse, is acquiring US-based Altair Engineering in a $10.6 billion deal, marking Siemens’ biggest acquisition since 2020. Siemens aims to bolster its industrial software division by…
Shell Q3 earnings: British oil giant posts $6B profit, announces $3.5B share buyback
Shell, the British oil giant, announced robust third-quarter profits of $6 billion on Thursday, beating analyst forecasts and unveiling a new $3.5 billion share buyback program. The company’s performance was…
South Korea’s crypto investor count hits 7.8 million as market cap surges 27% this year
Korea’s cryptocurrency market has experienced remarkable growth in the first half of 2024, primarily due to a surge in Bitcoin prices and rising investor interest. According to data from the…
Capri Holdings stock price is heading towards a 75% crash
Capri Holdings (CPRI) stock price has suffered a harsh reversal and is on track for the third consecutive week of decline after its acquisition bid failed. It dropped to a…
Silver demand surges amid high gold prices and Nifty decline: here’s why investors are bullish
For the first time in India’s history, silver sales have outpaced gold during the festive Dhanteras season. Soaring gold prices have dampened traditional buying enthusiasm, pushing consumers and investors alike…
Is Trump’s Truth Social now worth the same as Elon Musk’s X?
Shares of Trump Media & Technology (DJT), the parent company of the Truth Social platform, experienced sharp swings on Tuesday, with trading halted multiple times due to market volatility. Despite…
Comcast stock price forms a rare bullish pattern ahead of earnings
Comcast (CMCSA) stock price has crawled back in the past few months, helped by the ongoing US equities rally. It has rebounded by 17% from its lowest level this year…