The iShares 20+ Year Treasury Bond ETF (TLT) ETF continued its strong downward momentum and was trading at its lowest level since 2024. It has plunged by 54% from its highest point on record as US bond yields have soared and as the US public debt nears the $40 trillion milestone. US bond yields soaring
Figma stock has rebounded modestly in the past few weeks and is showing signs of bottoming. FIG jumped to $26.35 on Thursday, up from the double-bottom level of $16.80. This rebound may continue in the foreseeable future as technicals and fundamentals align. Figma stock technicals points to more gains The daily timeframe chart shows that
Adobe stock has staged a strong comeback as investors rotate back to software companies following the sell-off a few months ago. ADBE is hovering at its highest level since June 2nd this year after rising by 42% from its lowest point this year. This rebound may continue after the ongoing Workday acquisition rumors. Adobe’s business
Nebius stock bounced back this week, reaching its highest level since June 30 this year, up by 90% from its lowest point in July. It is slowly nearing its all-time high, helped by the ongoing demand for its products. Despite this growth, Michael Burry has shorted the company, warning that its performance is emblematic of
The Schwab US Dividend Equity ETF (SCHD) has done well this year and is now sitting at its all-time high. It has jumped by 25% this year, beating the Nasdaq 100 and S&P 500 indices despite the fact that it has limited exposure to the artificial intelligence (AI) industry. It has become the second-biggest dividend
Klarna stock has rebounded modestly ever since publishing its financial results in February this year. It has rebounded from the year-to-date low of $12.30 in February to the current $20.68. This rebound will be put to the test next week when the company publishes its financial results, which will provide color on its business. Klarna
Lenovo Group stock jumped to a record high on Thursday as traders waited for its earnings report, which are expected to show that its growth accelerated amid the ongoing AI boom. It jumped to HKD 30.50 in Hong Kong, bringing its year-to-date gains to 225%, making it the best-performing company in the Hang Seng Index.
The Japanese yen continued its recent retreat, reaching its lowest level since July 31 as the recent US intervention backfired. The USD/JPY pair rose to 159.43, up by 2.72% from its lowest level this month. Japanese yen retreat continues as carry trade intensifies The USD/JPY pair crashed hard earlier this month, reaching its lowest level
Ondas stock continued its strong rally this week, reaching its highest level since June 8 as the company received a new order from Israel. It has now jumped by over 70% from its lowest point this year. Even so, it is one of the most shorted companies in the US, with a short interest of
Elon Musk’s net worth is surging this week as the SpaceX stock recovery gains steam and as analysts suggest that it has more upside ahead. Elon Musk net worth is soaring Data shows that Musk’s wealth is bouncing back this week. According to Bloomberg, he added $65 billion in wealth on Wednesday, bringing his total