Boeing stock price has moderated a bit to around $200 as investors assess the impact of the recent Air India crash. It was trading at $201 on Tuesday, down from the year-to-date high of $218. This price is about 56% above the lowest point this year. Air India plane crash to…
AMC Entertainment’s stock price has crashed by 21.3% this year and by 36% in the last 12 months. It has plunged by almost 98% from its highest point in 2021, erasing billions of dollars in value. It is now valued at $1.36 billion, much lower than Cinemark Holdings and Regal…
Nio stock price has dropped by almost 20% this year, underperforming other Chinese EV companies like Zeekr Intelligent, Li Auto, and XPeng. It was trading at $3.5 on Monday, down by over 94% from its highest point in 2021, erasing billions of dollars in value as its market cap has…
Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. The ongoing Iran-Israel conflict is the key bullish factor in the market. Even so, the geopolitical risk premium appears to be already priced in. This includes the lower probability of Iran closing the crucial…
The ongoing Iran-Israel war has bolstered crude oil and gold prices while weighing on stocks worldwide. However, Bitcoin, often referred to as digital gold, has failed both as a safe haven anda FOMO asset. As is often the case, its underwhelming performance has spilled over to other crypto majors. Even so,…
The Brazilian real continued its strong surge on Wednesday as it soared to its highest point since October 8 last year. The USD/BRL exchange rate plunged to a low of 5.4935, down by 13% from its highest point in December. Focus now shifts to the upcoming Brazilian and US interest…
The crypto market crash continued on Wednesday morning as investors embraced a risk-off sentiment amid the ongoing crisis in the Middle East. Bitcoin and most altcoins retreated, with the total market capitalization in the industry falling to $3.38 trillion. Crypto market crashes as Iran and Israel crisis escalatesBitcoin, altcoins, and the…
Lloyds Bank share price has remained in a tight range in the past few weeks as some investors take profits after surging by over 50% from its lowest point in January this year. This article explores the top 3 main reasons to buy Lloyds.Lloyds share price has strong technicalsThe first…
The Nikkei 225 Index drifted upwards and is hovering near its highest point since February after the Bank of Japan (BoJ) delivered its interest rate decision. It moved to a high of ¥38,550, up by over 25% from its lowest point this year. Bank of Japan interest rate decisionThe Nikkei 225…
Bajaj Finance share price has been in a strong bull run in the past decades, making it one of the best-performing Indian stocks. It jumped to a record high of ₹975 this month, up by almost 300% in the last five years and 37.5% this year. Bajaj Finance growth is continuingBajaj…