Investing

Investing
Investing

Tesco share price in focus ahead of Q1 earnings as a bullish pattern forms

Tesco’s share price will be in focus as the company publishes its first-quarter trading statement on June 18. The update should provide greater insight into its revenue growth, profitability trends, and market share performance. Tesco shares were trading at 462p on Wednesday, slightly below this week’s high of 476p. Tesco share price in the spotlight

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Investing

AMC stock may soon flash a golden cross, but one key risk remains

AMC Entertainment’s stock price has staged a strong bull run this month, reaching its highest point since November last year. It has jumped by 165% from its lowest point this year, and is about to form a golden cross pattern, which may hint at stronger gains ahead. AMC stock nears golden cross pattern Technicals suggest

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Investing

RKLB stock suffers a brutal reversal as a bullish pattern begins to take shape

Rocket Lab stock price has pulled back from its all-time high as the recent rally takes a breather. RKLB dropped to $104 on Tuesday, down by 31% from its highest point this year. This pullback has led to a $27 billion wipeout as its market cap has fallen from $87 billion to $60 billion today.

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SoFi stock shows bottoming signs after suffering a $17 billion wipeout

SoFi stock is going through a rough patch that has seen its valuation drop from nearly $40 billion in November last year to $22.7 billion today. It has slipped by 32% this year, while popular US indices like the Nasdaq 100 and S&P 500 have jumped by double digits.  SoFi Technologies’ retreat could either create

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Investing

Circle stock at risk as it faces a major triple whammy of headwinds

Circle Internet Group stock price has pulled back in the past few days, moving from a high of $138.5 in May to the current $79.72. This CRCL pullback may continue in the near future as it faces a triple-whammy of weak technicals, falling USDC supply, and US government yields.  Circle stock price has formed a

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What’s next for the Nikkei 225 index after the BoJ rate hike today?

The Nikkei 225 Index continued its strong rally this week, even after the Bank of Japan (BoJ) hiked interest rates to the highest point since 1995. It soared to 69,245, up 80% over the last 12 months and 35% this year. Japan stocks jump after US-Iran deal The Nikkei 225 Index has been in a

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Hang Seng index flashes risky patterns as China economic growth falters

The Hang Seng index retreated on Tuesday and remained in a correction after China released a weak economic report. It retreated to H$24,507, down by over 12% from the year-to-date high of H$28,050. Hong Kong stocks have largely diverged from their global peers, with the South Korean Kospiand Japan’s Nikkei 225 rising to their record

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Investing

DAX index analysis as hedge funds place huge short bets against German automakers

The DAX index jumped this week, reaching a high of €25,000, its highest point since June 2nd. This rebound happened as crude oil prices retreated after the US deal with Iran. Still, the index faces a major risk as hedge funds continue shorting German car companies. Hedge funds are shorting German automakers Top hedge funds

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Top FTSE 100 dividend stocks to buy if you want to retire on passive income

The FTSE 100 Index has underperformed its global peers this year. It has jumped by just 5.7%, while the Nasdaq 100, Kospi, and Nikkei 225 have soared by over 20% amid the artificial intelligence boom. This article highlights some top Footsie shares to buy if you want to retire with dividends. Dividend stocks vs UK

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Marvell Technology stock is firing on all cylinders: can the AI-fueled surge last?

Marvell Technology stock price remains in a strong bull run this year and is now hovering near its all-time high. MRVL jumped to $308 on Monday, up by 233% this year and 350% in the last 12 months, making it one of the top gainers in Wall Street. Will this rally continue this year as

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