Economy

Economy
Economy

Crude oil price forecast as Brent hits $117 amid US-Iran war fears

Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a bull run that started in July when it bottomed at $70. This rally will likely continue rising in the coming weeks. Brent and WTI jumps

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Economy

CoreWeave stock on edge as Jensen Huang touts strong neocloud demand

CoreWeave’s stock extended its sharp downward trend, while its bond yields surged this week as investors remained concerned about the neocloud industry. CRWV fell to $57, its lowest level since May 9 last year. The stock has slumped more than 67% from its peak this year, wiping out billions of dollars in market value. So,

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Economy

Western Digital stock is stuck in a bear market: will it rebound after earnings?

Western Digital’s stock has been under pressure since June, when it peaked at $800. Since then, it has fallen more than 52% to its current price of $378, with its market capitalization shrinking from $257 billion to $141 billion. Investors are now looking to the company’s upcoming earnings report as a potential catalyst that could

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Economy

SoFi stock lands at a crucial support as earnings loom: will it drop further?

SoFi Technologies stock has come under significant pressure this year, underperforming the broader market despite the company reporting strong financial results. The stock fell to $14.70 on Tuesday, its lowest level since June last year and 55% below its 2025 peak.  Consequently, its market capitalization has plunged from $39.1 billion to $18.9 billion. Worse, the

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Economy

MAGS ETF inflows climb as investors pile into Magnificent Seven ahead of earnings

Investors are piling into Magnificent Seven stocks as most of the group prepares to report third-quarter earnings. The Roundhill Magnificent Seven ETF (MAGS) has continued to attract inflows this month, and the next few weeks will be crucial. The fund has climbed to $72.41, up 32% from its lowest level this year. MAGS ETF inflows

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Economy

Crude oil forecast: Why Brent could reach $120 as IRGC shipping attacks persist

Crude oil prices continued the upward trend, reaching its highest level since May 20 as the crisis in the Middle East gained momentum. Brent, the global benchmark, rose to $110, while West Texas Intermediate (WTI) moved to $99.05, well above its July low of $67. Iran continues to shoot ships Brent and West Texas Intermediate

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Economy

Palantir stock reverses after hitting key resistance: is it a good buy?

Palantir stock has suffered a big reversal, wiping out some of the gains made since June when it bottomed at $106.5. It dropped to $186.7, down by 12.75% from its highest point this year. Still, analysts are optimistic about the company, citing its strong fundamentals and revenue growth. Palantir stock coincided with the tech sector

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Economy

DJT stock flashes a warning sign as Trump Media risks build

Trump Media stock continued its strong downward trend, reaching its lowest level on record as headwinds jumped. DJT fell to $6.9, down by 60% from its highest point this year and 33% below its highest point in August. This sell-off may continue as the company faces some major headwinds. Trump Media is facing headwinds DJT

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Economy

Dell stock is falling this week: is this a golden opportunity to buy the dip?

Dell Technologies stock has pulled back sharply over the past few days, with its market capitalization falling from $375 billion earlier this month to about $300 billion today. The decline has coincided with a broader retreat among other leading AI infrastructure companies. The question now is whether the sell-off is justified or whether this is

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Economy

Affirm stock slips after US inflation data: here’s why it may fall to $60 soon

Affirm’s stock fell more than 11.5% on Wednesday to its lowest level since October 1, leaving it down 25% from its high for the year. The selloff extended after strong US inflation data pushed bond yields higher. Affirm stock drops after US inflation report Top companies in the buy now, pay later (BNPL) industry slipped

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