Investing

Investing
Investing

Is the Brent crude oil price set to surge amid the US-Iran quagmire?

Brent crude oil price ended last week at $109.50, its highest point since May 5 this year. It has soared by over 13% from the lowest point this month, and may have more gains ahead as the quagmire between the US and Iran continues. Worse, it has formed the bullish inverted head-and-shoulders pattern, pointing to

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Pi Network price prediction: headwinds rise as it loses key support

Pi Network price dropped for three consecutive days, reaching its lowest level since February 26. It has now plunged by nearly 50% from its highest point in March this year, and this trend may continue in the near future.  Pi Network price technicals point to more downside The daily chart shows that the value of

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Zeta Global stock soared after Snowflake OSI entry: what next?

Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference. Zeta Global stock jumped after

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Figma stock price just double-bottomed: will it surge after earnings?

Figma stock price has crashed and is hovering near its all-time low as concerns about its business growth and costs jump. After peaking at $142 following its initial public offering, FIG stock has tumbled to  $21, erasing billions of dollars in value. Still, there are signs that the stock is a good buy ahead of

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Hang Seng and Shanghai Composite in focus ahead of Xi-Trump summit

The Hang Seng and Shanghai Composite were in a narrow range on Thursday as investors waited for the Donald Trump and Xi Jinping summit in Beijing. They were trading at H$26,388 and CNY 4,242, respectively. Chinese stocks wavers ahead of Trump-Xi summit  The Shanghai Composite and the Hang Seng indices moved sideways as investors waited

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Brent crude oil price on edge as inventories dip ahead of US driving season

Brent crude oil price was in a tight range today, May 14, as investors focused on the upcoming meeting between Donald Trump and Xi Jinping in Beijing. It was trading at $105.75, where it has remained in the past few days.  Oil prices will also be in the spotlight as global inventories plunge at the

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Nio stock is pumping in Hong Kong today: here’s why and what next

Nio stock price jumped by over 4.4% in Hong Kong today, May 14, mirroring its performance in Wall Street a day earlier. It jumped to H$50.45, its highest level in two weeks, and is up by over 45% from its lowest point this year. This growth makes it one of the best-performing Chinese electric vehicle

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Rolls-Royce share price is stuck in a correction: will it fall further or rebound?

The Rolls-Royce share price remains on edge this year as investors continue their focus on the ongoing US-Iran war that is having a major negative impact on the civil aviation industry. RR dropped to 1,200p today, down sharply from the all-time high of 1,420p, which it reached in February this year. So, is it safe

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Klarna stock: here’s why this Affirm rival is pumping today

Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by over 15% to $15, reaching its highest point since March 16 this year. It has now soared by nearly 30% from its all-time low.  Klarna stock jumps after releasing strong numbers Klarna,

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Kospi Index is falling today: here’s why it may eventually crash to 5k

South Korea’s Kospi Index crashed by over 6% today, May 15, as the recent rally took a breather and investors started to book profits. After crossing the key resistance at 8,000 this week, it plunged to 7,585.  Local and foreign investors are selling South Korean stocks The Kospi Index tumbled by over 6% on Friday,

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