Aluminium prices on the London Metal Exchange have risen sharply over the past couple of sessions after the European Union considered imposing more sanctions on Russian aluminium products. On the LME, aluminium prices had hit $2,622 per ton earlier on Thursday, its highest level since November 26, 2024. The three-month…
Shares of Tesla Inc (NASDAQ: TSLA) are priced for perfection following a 100% increase over the past three months. Even a minor setback could trigger a sharp decline in this EV stock that’s currently trading at a massive premium to the industry at large. In fact, Wells Fargo analyst Colin…
The AUD/USD exchange rate rose slightly after the latest US inflation and Australian jobs data. After bottoming at 0.6133 on Monday, the pair rose to a high of 0.6215 as the focus shifted to the upcoming US retail sales data. So, what next for the Australian dollar? Australia’s strong jobs…
The KOSPI 200 Index held steady on Thursday as Asian stocks cheered the performance in New York a day earlier. The index, which tracks the biggest 200 companies in South Korea, rose to KRW 335, up by near 7% from its lowest level in December. So, what next for the…
Virtuals Protocol token continued its strong performance this week, rising to $3.9875 on Wednesday as most cryptocurrencies rebounded. The VIRTUAL token has jumped by more than 12,000% from its lowest level in 2024, pushing its market cap to over $2.4 billion. So, is VIRTUAL a good token to buy? Virtuals…
Litecoin price held steady and crossed the important resistance level at $117.30, its highest swing on January 6. It has soared to its highest swing since December 18, and about 140% from its lowest level in 2024. So, is the LTC token still a good investment, and will it rise…
Canoo stock price sits at a record low as the company faces an uncertain future ahead. It was trading at $1.60 on Wednesday, a few points above its all-time low. It has crashed by over 99% from its all-time high as bankruptcy risks remains elevated. So, will GOEV complete the…
Mullen Automotive stock price crashed to a record low, erasing millions of dollars in value, and making it one of the worst-performing companies in the United States. MULN has become a penny stock trading at $0.4560, giving it a market cap of just $4.5 million. Can MULN be salvaged? Mullen…
Compass stock price staged a strong comeback on Wednesday after the company boosted its forward guidance. It also jumped as mortgage rates dropped slightly after the latest US inflation data from the United States. The COMP stock was trading at $6.70, its highest swing since December 17 and 32% above…
The Semiconductor Industry Association (SIA) has released a new policy agenda titled “Winning the Chip Race” listing the US semiconductor industry’s priorities under the Trump-Vance administration and the 119th Congress. The agenda outlines key recommendations to bolster the country’s position in semiconductor manufacturing, research, and global competitiveness. What the chip…