IAG share price has slumped to a crucial support level as investors reacted to the rising jet fuel costs. It dropped to 419p on Wednesday, a few points above 414p, its lowest level in July. It remains 15% below its highest level this year. Jet fuel prices are hitting IAG’s margins IAG, the parent company
Plug Power stock has traded largely sideways in recent weeks, but remains firmly in bear-market territory after falling 47% from its May high. The shares were trading at $2.26, giving the company a market capitalization of roughly $3 billion, while short interest has climbed to 20% despite ongoing efforts to execute a turnaround. Traders are
Rocket Lab stock has slumped in recent months despite the company hitting several major milestones. Shares peaked at $150 in May before tumbling 56% to the current $65. This pullback could be a good buying opportunity, as a double-bottom pattern appears to be forming. Rocket Lab has made some major milestones RKLB, one of the
Apple stock has pulled back over the past few days as investors turn their attention to the company’s upcoming event, where it is expected to unveil its foldable phone. AAPL fell to $316, down 4.50% from this month’s high and 8.35% from its yearly high, while the options market signals more volatility ahead. Apple to
The Hang Seng Index retreated a bit on Tuesday, even after macro data showed that China’s trade surplus rebounded in August. It retreated to 25,345, down by 3.3% from its highest point in August. On the positive side, it has formed a bullish pattern that may suggest more upside in the near term. China’s trade
The S&P 500 Index and its ETFs, like VOO and SPY have moved sideways this month and are hovering slightly below their record highs. This consolidation, however, may turn into a calm before the storm ahead of a major comeback as evidenced by some major numbers, including its valuation and earnings growth. S&P 500 Index
Micron stock has staged a strong recovery this week, reaching near its highest level since July 2nd this year. MU jumped to $1,016, up by nearly 40% from its lowest level in July, and technical and fundamental factors suggest further upside. Micron stock technical analysis The daily chart shows that the MU stock has been
Ray Dalio, the billionaire founder of Bridgewater Associates, is known for many things in the financial industry, including starting one of the biggest hedge funds in the world. He is also known for the All Weather Fund, which aims to do well in all markets. This article explores whether the State Street Bridgewater All Weather
The Schwab US Dividend Equity ETF (SCHD) has moved sideways in the past few weeks as the recent rally has stalled. After peaking at $35, and becoming the biggest dividend ETF, it has retreated to $34.55, and formed several bearish patterns that may lead to a brief pullback in the near term. SCHD ETF technicals
Astera Labs stock has remained under pressure in the past few months, moving from the year-to-date high of $498 to the current $300. It has crawled back this month, and this recovery will likely continue in the coming months as demand for its products continues rising. Astera Labs’ business is growing Astera Labs is a