Sandisk’s stock price has gone parabolic this year, becoming the top gainer in the S&P 500 and Nasdaq 100 indices. It has soared by over 4,300% in the last 12 months and by 540% this year. This rally has been driven by the ongoing memory chip shortage amid the AI…
Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last six consecutive weeks, bringing its market capitalization to nearly $400 billion. Still, despite the stock being highly overbought, Jay Woods, a popular Wall Street analyst, believes that…
Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it has now turned the corner. PLUG jumped by over 12% on Monday and continued the rally by over 6% to $3.73. It remains 108% above the lowest…
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was trading at $65.45 on Tuesday, inside the narrow range where it has remained at since April 17 this year. Still, the AFRM stock has formed a highly…
Brent crude oil price was trading at $106 today, May 13, as investors waited for more details on the US-Iran war after President Donald Trump rejected Iran’s response to the US proposal. It was trading at $106.63, up from last week’s low of $96. What if the Iran-US war restarts?Brent crude…
Nebius stock will be in the spotlight today as the European technology giant publishes its financial results, which are expected to show robust revenue and backlog growth. NBIS was trading at $129 on Tuesday, a few points below the all-time high of $197.Nebius stock in focus as it releases its…
BT Group share price continued its strong bull run, reaching its highest point in over seven years as its full-year earnings loomed. It jumped to 240p, up by over 140% from its lowest point in 2024. BT Group shares are soaring ahead of earningsBT, the top telecom company in the UK,…
Shares of India’s state-run Oil and Natural Gas Corporation (ONGC) surged by as much as 6% to hit an intraday high of INR 298 on the Bombay Stock Exchange (BSE) Tuesday. The surge comes following a significant endorsement from Hong Kong-based brokerage CLSA, which called the government’s recent cut to…
Rocket Lab stock (NASDAQ: RKLB) has become one of the market’s loudest momentum stories, and Cathie Wood has been trimming into the strength.On May 11, RKLB touched the all-time high of $123.94, up 15% on the day and marking the stock’s best session ever.Yet ARK Invest had already been reducing…
The prolonged conflict in the Middle East is beginning to weigh heavily on global markets, affecting currencies, fuel prices, airlines, and bond markets as investors assess the broader economic implications.From sharp declines in Asian currencies to the collapse of a low-cost US airline, the economic effects of the conflict are…