Plug Power stock: technical analysis points to a big dive soon
Plug Power stock price remained in a bear market after plunging from a high of $4.58 in October last year to the current $2.05. It has slumped by over 55%,…
Coinbase stock price analysis: will it crash to $125 after earnings?
Coinbase stock price continued its strong downward trend this year, reaching its lowest level since April last year. COIN dropped to $166, down by 62% from its all-time high. This…
Snap stock price loses key support as North America user growth fades
The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the…
Here’s why software stocks like Adobe, Salesforce, ServiceNow, Atlassian are crashing
Software stocks are in a freefall. Adobe stock price continued its freefall this week, reaching its lowest level since April 2020. It has now erased all the gains made during…
Central bank buying strengthens gold; silver to be volatile, says ING Group
Gold and silver are bouncing back after experiencing one of the sharpest corrections in precious metals in more than a decade. While short-term volatility is expected to remain high as markets…
US futures steady as tech rout deepens, AI fears weigh on software stocks
US stock index futures were muted on Wednesday after a sharp rotation out of technology stocks dragged major benchmarks to a losing session, while investors assessed earnings updates and prepared…
Uber outpaces revenue forecasts: why is the stock tanking over 5%
Uber closed the year with revenue that exceeded market expectations, underlining steady demand across its ride-hailing and delivery businesses even as investors focused on softer profitability and cautious near-term signals.…
Yum Brands posts mixed earnings as Taco Bell outpaces KFC and Pizza Hut
Yum Brands ended the final quarter of the year with results that reflected a widening performance gap across its restaurant portfolio. Strong demand at Taco Bell and steady international growth…
Zurich Insurance raises bid for Beazley to £8B, board backs takeover deal
Zurich Insurance has agreed an improved takeover bid for UK-listed cyber and speciality insurer Beazley, valuing the company at about £8 billion ($10.96 billion).Under the revised cash offer, Beazley shareholders…
Why Anthropic’s new Claude plugins sparked global selloff in software stocks
A sharp selloff in global software stocks deepened on Wednesday for a second day as investors grappled with the unsettling possibility that artificial intelligence could erode, rather than enhance, the…