Investors should load up on Spotify Technology SA (NYSE: SPOT) if it sells off after earnings later today, says Ben Swinburne.He’s a senior analyst at Morgan Stanley.Estimates are for Spotify to report per-share earnings of €2.21 ($2.52) for its Q1 on €4.2 billion in revenue. This would mean a more…
BP posted weaker-than-expected earnings for the first quarter on Tuesday, as lower crude prices and a recent pivot in corporate strategy weighed on performance. The British oil major reported an underlying replacement cost profit of $1.38 billion for the January-to-March period, falling short of analyst expectations of $1.6 billion, based…
Crypto prices have started the week on a strong note, with their collective market cap increasing by almost 2% to nearly $3 trillion. Bitcoin remains stuck below the $95,000 resistance level, while Solana, Cardano, and Monero are performing well. This article provides a forecast for some top cryptocurrencies like Floki…
Cardano price has held steady in the past few days as the recent rebound stalled. ADA token was trading at $0.70 on Tuesday, a few points below this month’s high of $0.746. It has jumped by over 37% from the lowest point this month, bringing its market cap to over…
The TSX Composite Index will be in the limelight on Tuesday as the market reacts to the latest Canadian election and its implications in the financial market. The index, which tracks the top Canadian companies, has been in a steady uptrend in the past few weeks, rising from the year-to-date…
Robinhood stock price has rebounded in the past two weeks as the US stock and crypto market bounced back. HOOD, a top player in the financial services industry, has jumped to a high of $51, its highest level since March 3. It has rallied by 65% from its lowest level…
Air Canada stock has become one of the top casualties of Donald Trump’s trade war and the worsening relations between the US and Canada. It has crashed by 46% from its December high, and is hovering at its lowest level since 2020. This article explores whether it is safe to…
Teladoc Health stock price continues to crash and is hovering at its lowest level on record ahead of its first-quarter earnings. It was trading at $7.16 on Monday, meaning that it has crashed by 21% this year and 46% in the last 12 months. This article explores why the TDOC…
The ARKK Innovation ETF (ARKK) stock price has rebounded over the past few weeks as trade jitters have eased. After falling to a low of $38.65 earlier this month, it has bounced back to $51, and is hovering at its highest level since March 26. This article explains whether Cathie…
XRP price has done well since its founding in 2013. It has jumped by almost 40,000% since then, while its market cap has soared to over $130 billion. This makes it bigger than some well-known companies like Micron, Brookfield Asset Management, Lam Research, Intel, and UPS. This article provides a…