Economy

Economy
Economy

Oklo stock just lost crucial support: Is the bear market set to continue?

Oklo stock has slumped this year as concerns about the small modular reactor (SMR) industry continues. It has fallen to $41.36, down by nearly 80% from its highest point last year, with its market capitalization falling from over $24 billion to $7.6 billion. This retreat may continue as concerns about the industry remains and short

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Economy

IWM and VOO have hit record highs: What next for S&P 500 and Russell 2000 ETFs?

The Vanguard S&P 500 ETF (VOO) and the iShares Russell 200 Index Fund (IWM) have jumped to their record highs this year. IWM has jumped by over 21% this year, while VOO is up by 12.50% in the same period. This article highlights some of the top reasons why these ETFs may continue rising this

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Economy

AMD stock forms a rare bullish pattern as valuation concerns persist

AMD stock has held steady in the past few days and is slowly nearing the year-to-date high of $584. It was trading at $514.40 on Monday and has formed a bullish flag pattern, pointing to more upside despite the elevated concerns about its valuation.  It jumped on Monday after offering details of its $4.75 billion

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Economy

Klarna stock has crawled back ahead of earnings: buy, sell, or hold?

Klarna stock has rebounded modestly ever since publishing its financial results in February this year. It has rebounded from the year-to-date low of $12.30 in February to the current $20.68. This rebound will be put to the test next week when the company publishes its financial results, which will provide color on its business. Klarna

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Economy

Adobe stock is taking off: Could a rumored Workday buyout push it higher?

Adobe stock has staged a strong comeback as investors rotate back to software companies following the sell-off a few months ago. ADBE is hovering at its highest level since June 2nd this year after rising by 42% from its lowest point this year. This rebound may continue after the ongoing Workday acquisition rumors. Adobe’s business

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Economy

Bloom Energy stock just formed a rare pattern: will it jump to $300 soon?

Bloom Energy stock has rebounded recently, moving from the August low of $157.2 to a high of $248 today. This rebound has coincided with the ongoing rotation back to AI companies and its strong financial results. It has formed an inverted head-and-shoulders pattern, pointing to more upside. Bloom Energy is seeing strong demand One of

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Economy

Analysts raise Rocket Lab stock targets after earnings: Why it could still hit $50

Rocket Lab stock rose to the important resistance level of $80 after the company reported strong financial results. RKLB has jumped by 37% from its lowest point this year, and analysts believe that it has more upside to go as it solidifies its role in the space industry.  Rocket Lab published strong earnings RKLB stock

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Economy

SpaceX stock is soaring: is this a golden opportunity to buy?

SpaceX stock has rebounded substantially in the past few days as investors cheered the recent earnings and the employee lockup expiry. SPCX jumped to $138.63 on Monday, its highest level since July 14, and 31% above the lowest level this year.  This article explores the top reasons why this may be a golden opportunity to

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Economy

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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Economy

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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