Bitcoin has rallied to a new high of $77,000 after Donald Trump defeated Kamala Harris to become the 47th President of the United States. And the momentum will only extend in the months ahead as the new government could prove to be a “step change” for cryptocurrencies, as per Michael…
Shopify stock price had a strong week, rising by over 11%, as investors cheered the recent Donald Trump election and the ongoing earning season. SHOP jumped to a high of $87.12, its highest point since February this year. It has jumped by over 255% from its lowest point since 2022.…
Applied Materials stock price has remained in a deep bear market as it dropped by almost 25% from its highest level this year. AMAT has also formed two extremely bearish patterns, pointing to a potential crash after its earnings next week. Applied Materials stock forms bearish patterns On the daily…
Nu Holdings stock price has done well this year, and could be on the cusp of a big breakout as it publishes its quarterly financial results. It has soared by 82% this year, beating the S&P 500 and Nasdaq 100 indices. This surge has brought its market cap to over…
Monday.com stock price has staged a strong recovery and surged to its highest level since November 2021 ahead of its quarterly earnings this week. MNDY surged to a high of $325 on Friday, up by over 335% from its lowest level in 2022. Monday.com stock surges ahead of earnings Monday,…
Chegg stock price has imploded as it became one of the biggest victims of the artificial intelligence craze. CHGG shares have crashed by over 80% this year and by almost 100% from its all-time high of $115. Its market cap has crashed from $115 in 2020 to $116 million today.…
On November 8, 2024, Citi analysts upgraded Bank of America (NYSE: BAC) from Neutral to Buy, setting a new price target of $54, up from $46. This revision, prompted by expectations of a favorable regulatory and interest rate environment, points to a potential upside of 20% from BAC’s current trading…
US stocks remain resilient following the Federal Reserve’s decision to lower its key interest rate by another 25 basis points on Thursday. According to the post-meeting statement: The Committee judges that the risks of achieving its employment and inflation goals are roughly in balance. Lower interest rates are generally considered…