Investing

Investing
Investing

CoreWeave stock is rising ahead of earnings: will it hit $100 or reverse to $75?

CoreWeave stock has bounced back substantially in the past few days, moving the July 29 low of $60 to the current $90.6. It has jumped by over 50% as investors rotate back to companies in the artificial intelligence industry. This rally will be put to the test as it publishes its financial results this week.

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Investing

Plug Power stock climbs before earnings as options traders brace for volatility

Plug Power stock price is rising today, August 10, as traders wait for its second-quarter earnings report, which will come out after the market closes. It jumped to $2.30, up by 23% from its lowest point this month. This rally will be put to the test when it publishes its financial results, which will shed

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Investing

Rocket Lab stock is soaring: Will the rally continue or reverse after earnings?

Rocket Lab stock has staged a strong comeback in the past few days, moving from this month’s low of $57.8 to $82.83, its highest point since July 9. It has jumped by 43% from its lowest level this month, mirroring the performance of other space companies, including popular names like SpaceX and Planet Labs. This

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Investing

Michael Burry shorts Nebius stock: Is it a buy or sell before earnings?

Nebius Group stock dived for two consecutive days after Michael Burry revealed a short position in the company and as investors waited for its earnings report. NBIS dropped to $187, down 37% from its year-high. So, what next for the Nvidia-backed company? Michael Burry shorts Nebius stock ahead of earnings Burry, a popular investor who

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Investing

Lumentum stock: Is the valuation too rich heading into Q4 results?

Lumentum stock continues to rebound, reaching its highest level since June 16 as investors await its upcoming earnings report, which is expected to provide further insight into the company’s business performance amid ongoing valuation concerns. LITE surged to $920, representing a 56% gain from its lowest level this month. Lumentum stock jumps as valuation concerns

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TSX Composite Index outlook ahead of Barrick Gold, Franco-Nevada earnings

The TSX Composite Index has soared this year, even as gold prices have recoiled. It has jumped by 14.35% this year and 30% in the last 12 months, outperforming the S&P 500. This week will be important for the Canadian fund as top companies like Barrick Gold, Franco-Nevada, and Constellation Software release their earnings. Top

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Investing

WTI and Brent oil prices jump as Iran issues demands to reopen Strait of Hormuz

Crude oil prices rose on Hyperliquid as Iran issued a list of demands for reopening of the Strait of Hormuz. WTI perpetual futures jumped to $77.67, while Brent, the global benchmark, soared to $83. This rebound may continue in the new week as tensions between the US and Iran remains. Iran has issued a list

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Investing

TLT ETF slumps as US debt nears $40 trillion, 30-year yield jumps

The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure as the US public debt nears the $40 trillion milestone. It was trading at $82.7 on Friday, down by 10% from its highest point last

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Investing

Xiaomi stock forms shooting star ahead of earnings: what next?

Xiaomi stock has pulled back in the past few days, erasing some of the gains made in July. It dropped to H$26.40 in Hong Kong, down by 18% from its highest level in June. This sell-off continued even after the company announced strong vehicle deliveries numbers. It recently formed a shooting star candle on the

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Investing

Xiaomi stock forms shooting star ahead of earnings: what next?

Xiaomi stock has pulled back in the past few days, erasing some of the gains made in July. It dropped to H$26.40 in Hong Kong, down by 18% from its highest level in June. This sell-off continued even after the company announced strong vehicle deliveries numbers. It recently formed a shooting star candle on the

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