BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast
Global energy stocks have pulled back in the past few days as crude oil and natural gas prices slumped, and this trend may continue after Morgan Stanley warned of a global glut. Shell share price plunged to 2,900p on Monday,
Rolls-Royce share price in focus as it eyes narrow-body engine entry
Rolls-Royce share price has wavered in the past few days as demand for UK stocks has waned. After soaring to a record high of 1,531p last week, it ended the week at 1,406p. Still, a potential catalyst may help push
Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising jitters that the AI boom is ending. This article highlights
Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?
Figma's stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly traded company. FIG dropped to $16 on Thursday, down sharply
DAX Index nears crucial price after key Volkswagen, Rheinmetall, Bayer news
The German DAX Index experienced some volatility this week, as investors reacted to some notable news from key constituents like Rheinmetall, Volkswagen, and Bayer. It was trading at 25,000, up by nearly 5% from its lowest level this month.Bayer, Rheinmetall,
Hang Seng Index forms death cross as Anthropic accuses Alibaba of distilling
The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days and is down by nearly 20% from its highest point this year. The
St. James’s Place share price forms a bullish pattern, signaling a potential rebound
St. James Place share price held steady on Wednesday, reaching a high of 1,172p, much higher than this month’s low of 1,114p. It has slowly formed a highly bullish pattern, pointing to an eventual rebound, despite the AI disruption fears.St.
Xiaomi stock analysis: why “China’s Apple” is in a freefall
Xiaomi stock price has suffered a major reversal in the last 12 months, moving from a high of H$61.55 to H$22.62 today, its lowest level since September 2024, with its market cap falling from H$1.53 trillion ($192 billion) to $74
FTSE 100 Index outlook: top 3 catalysts for the Footsie this week
The FTSE 100 Index has wavered in the past few weeks and continued to underperform its top global peers like the S&P 500, Kospi, and the Nikkei 225. It has barely moved in the past three months. This article highlights
USD/JPY: Here’s why the Japanese yen has slumped to a 40-year low
The USD/JPY exchange rate continued its strong rally last week, reaching its highest point since 1986. It peaked at 161.81, up by 15% from its lowest level in May last year, putting investors on edge as they wait for the
Celestica stock analysis: Will the sell-off continue?
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the company announced a $300 million investment in Texas. So, is
Palantir stock slips below a crucial technical price: here’s why
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of $162. So, will the stock continue its bearish trajectory or
Here’s why Barclays, NatWest, Lloyds shares are pumping this week
UK banking stocks jumped to multi-month highs this week as investors cheered the US-Iran ceasefire deal and waited for the latest Bank of England interest rate decision.NatWest share price jumped to 638p, its highest level since February 9 this year,
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
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
Crypto market news this week: top catalysts for BTC and altcoins
The crypto market has started the week well, with Bitcoin jumping above $66,000, and the valuation of all tokens jumping by 2.1% to $2.2 trillion. The 24-hour volume jumped by 31% to over $64 billion. This article explores some of
HYPE crypto price prediction as Hyperliquid volume, ETF inflows jump
HYPE crypto price jumped for three consecutive days, helped by the ongoing Hyperliquid volume surge. Hyperliquid’s token rose to $60, up by 15% from its lowest point this month, and this trend may continue, especially after the SpaceX IPO boost.SpaceX
Figma stock price is stuck in a bear market: will it crash further or rebound?
Figma stock price has come under intense pressure this year and is now hovering at its all-time low amid the rising concerns about its revenue growth in this artificial intelligence (AI) era. After peaking at $143 following its IPO last