Robinhood stock price crashed by over 6.5% on Tuesday as investors dumped technology companies, and the crypto market plunged. HOOD dropped to $107.50, down by 8.8% from its highest point this year. This article explores why Robinhood is a good buy today.Robinhood business is thrivingRobinhood, a company that disrupted the…
Oracle stock price has sunk into a correction after crashing by 10% from its highest level this year. ORCL tumbled to a low of $234, its lowest swing since July 15. This article explains why Larry Ellison’s company may tumble by another 16% to $196. Oracle is silently benefiting from the…
Chainlink price rose for three consecutive weeks and is slowly nearing the key resistance at $31 as it ecosystem growth and demand accelerate. LINK token was trading at $25 today, up by 135% from its lowest level in July. This article conducts a technical analysis and explains the key level…
The Avalanche crypto price has moved sideways in the past few days despite making substantial progress in its ecosystem growth. AVAX token was trading at $23.35 on Thursday, lower than the July high of $26.85. This article explores why the Avalanche price may surge soon.Potential for SEC AVAX ETF approvalThe…
The USD/ZAR exchange rate rose for the fourth consecutive day as market participants reacted to the latest South African inflation data and the upcoming speech by Jerome Powell at the Jackson Hole Symposium in Wyoming. It rose to a high of 17.75, up from this month’s low of 17.47. South Africa…
Oil shipments to Hungary and Slovakia via the Druzhba pipeline have resumed, officials from both nations confirmed late on Tuesday. The disruption in supply was attributed to a Ukrainian drone strike that targeted an oil pumping station located in Russia’s Tambov region. This incident had temporarily halted the flow of oil, raising…
In a significant development for weight management, the Food and Drug Administration (FDA) announced Wednesday its approval of the first-ever glucose monitoring system designed specifically for weight loss, developed by the startup Signos. This approval introduces a new tool for Americans seeking to manage their weight.Current weight loss treatments, such as…
Shares of popular Labubu doll maker Pop Mart touched record highs on Wednesday following strong earnings results which saw the company reporting a 400% jump in net profit in the first half.The stock also got a boost from an upbeat guidance with the management saying it expected annual revenue to…
The fragile optimism that had buoyed European markets has been shattered, as a nasty inflation surprise from the UK and a wave of caution from Wall Street converged to send stocks into a broad retreat on Wednesday. The positive sentiment from this week’s Ukraine summit has evaporated, replaced by the…
The IWG share price has collapsed this week, making it one of the top laggards in the FTSE 250 Index. It plunged from a high of 233p on August 15 to a low of 187p, down by 20%. This article explores whether this dip is worth buying as its buybacks…