The US dollar index (DXY) continued its strong rally as investors embraced a risk-off sentiment after Donald Trump won the US election. The DXY index, which weighs the greenback against a basket of currencies, rose to $106.7 also ahead of the upcoming US consumer price inflation data. It has jumped…
On Holding stock price is hovering near its highest level on record as the company’s growth trajectory gains momentum. ONON shares surged to an all-time high of $53.97 on Monday and then pulled back to $52.6. It has jumped by over 95% this year, making it one of the best-performing…
President-elect Donald Trump announced on Tuesday that Tesla chief Elon Musk and former Republican presidential candidate Vivek Ramaswamy will head the newly created Department of Government Efficiency (DOGE). With this announcement, Trump has delivered on one of his most-talked about promises during the campaign trail. Notably, this department will not…
Saudi Arabia’s Public Investment Fund (PIF) has further reduced its holding in Nintendo Co., signalling a change in the investment strategy that initially aimed at capitalizing on the gaming industry. According to a filing with Japan’s Finance Ministry, the sovereign wealth fund trimmed its stake from 7.5% to 6.3%. This…
DraftKings stock price has rallied for seven consecutive days, reaching its highest level since June 20 after publishing better earnings than expected. DKNG shares jumped to a high of $43, up by over 50% from its lowest level in August. DraftKings business is doing well DraftKings, the second biggest player…
The US dollar index (DXY) continued its strong rally as investors embraced a risk-off sentiment after Donald Trump won the US election. The DXY index, which weighs the greenback against a basket of currencies, rose to $106.7 also ahead of the upcoming US consumer price inflation data. It has jumped…
The Schwab US Dividend Equity ETF (SCHD) is having a good year, helped by the ongoing stock market rally. The highly popular dividend ETF surged to a record high of $29.37 this month, up by over 37% from its lowest level in 2023. This rally has mostly mirrored the performance…
The JPMorgan Premium ETF (JEPI) is one of the top Sleep Well at Night (SWAN) funds on Wall Street. In just a few years, it has grown to become the biggest active ETF globally with over $37 billion in assets under management. JEPI has also been a strong performer over…
Tilray Brands stock resumed the downward trend and crashed to its all-time low after suffering a major setback in the United States. TLRY shares plunged to a low of $1.36 on Monday, bringing the year-to-date losses to 36%. It has also retreated by over 50% from its highest level this…
Bayer share price crashed to its lowest level in over twenty years as concerns about its future continued. It plunged to a low of €20.54 on Tuesday, bringing the year-to-date losses to about 40%. Worse, it has dropped by over 80% from its highest level in 2015, costing investors billions…