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Investing
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Adobe stock analysis: Golden cross pattern takes shape ahead of earnings

Adobe stock continued its strong rally this week, reaching its highest level since February this year. ADBE has soared by 52% from its lowest level this year, and this rally may continue after forming a golden cross pattern as its earnings loom. Adobe stock has formed a golden cross pattern The daily chart shows that

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Is it a golden opportunity to buy ServiceNow stock as a rare pattern nears?

ServiceNow stock has remained in a strong bull run this month, moving to its highest level since January this year. NOW has soared to $138, up by 70% from its lowest level this year. This rally may continue as demand for its services continues and as a golden cross pattern nears. ServiceNow stock is set

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USD/JPY forecast ahead of Warsh Jackson Hole Speech as BoJ official hints at hikes

The USD/JPY exchange rate wavered today, August 27, as traders waited for the upcoming Kevin Warsh statement at the Jackson Hole Symposium in Wyoming. It also wavered after the US published the latest PCE and GDP numbers. It was trading at 159.32, up by 2.68% from its lowest level this month. Kevin Warsh statement at

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Kospi Index on edge as SK Hynix stock jumps after strong Nvidia guidance

The Kospi Index wavered on Thursday after the Bank of Korea (BoK) delivered a second interest rates hike as it battles with the relatively elevated inflation in the country. It also wavered as South Korean technology companies reacted to the strong Nvidia earnings report. Kospi Index wavers as South Korean central bank hikes A major

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Nebius stock outlook as Nvidia predicts robust AI growth

Nebius stock jumped by over 6% in the extended hours as technology companies reacted to the strong Nvidia earnings, which painted a rosy color on the booming AI industry. It rose to $215 after ending the day at $213. Still, the company faces significant competition challenges as more companies move into the industry. Nvidia expects

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Micron stock: top reasons why MU may soar after the Nvidia earnings

Micron stock has held steady in the past few days as investors scaled back their positioning in the memory names. MU was trading at $936 on Wednesday, down sharply from the year-to-date high of $1,253. Still, there are several reasons why the company has more room to run after the latest Nvidia earnings report. Micron

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Oracle stock has bottomed? Here’s what the chart says ahead of earnings

Oracle stock rose by nearly 2% on Thursday as Nvidia boosted the momentum in artificial intelligence (AI) companies. ORCL rose to $149, up modestly from this month’s low of $114. This rally will now be put to the test when the company publishes its earnings earlier next month. Analysts are turning bullish on Oracle stock

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Affirm stock is compressing: here’s why it may pop after earnings today

Affirm’s stock has traded sideways over the past few weeks, but that may change later today when the company releases its financial results, offering fresh insight into the business. AFRM was recently trading at $76.45, still within the range it has held during this period. This article explores why the stock could be on the

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IREN stock jumps ahead of earnings as neoclouds cheer Nvidia’s results

IREN stock jumped over 4%, mirroring gains at other neocloud companies like CoreWeave and Nebius following strong Nvidia earnings and guidance. Shares climbed to $43.25, but this rally will be put to the test when the company publishes its own earnings later today. IREN’s revenue to drop on Bitcoin sell-off as pivot to AI continues

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Kospi Index is stuck in a local bear market: is it time to buy South Korean stocks?

The Kospi Index is stuck in a bear market after plunging 27% from its year-high as top constituent companies such as Samsung, SK Hynix, and SK Square lose momentum. It was trading at 6,852 points ahead of the upcoming South Korean Central Bank interest rate decision. South Korean investors have lost $2.5 trillion The Kospi

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