The iShares 20+ Year Treasury Bond ETF (TLT) ETF continued its strong downward momentum and was trading at its lowest level since 2024. It has plunged by 54% from its highest point on record as US bond yields have soared and as the US public debt nears the $40 trillion…
Figma stock has rebounded modestly in the past few weeks and is showing signs of bottoming. FIG jumped to $26.35 on Thursday, up from the double-bottom level of $16.80. This rebound may continue in the foreseeable future as technicals and fundamentals align. Figma stock technicals points to more gainsThe daily timeframe…
Adobe stock has staged a strong comeback as investors rotate back to software companies following the sell-off a few months ago. ADBE is hovering at its highest level since June 2nd this year after rising by 42% from its lowest point this year. This rebound may continue after the ongoing…
Nebius stock bounced back this week, reaching its highest level since June 30 this year, up by 90% from its lowest point in July. It is slowly nearing its all-time high, helped by the ongoing demand for its products. Despite this growth, Michael Burry has shorted the company, warning that…
The Schwab US Dividend Equity ETF (SCHD) has done well this year and is now sitting at its all-time high. It has jumped by 25% this year, beating the Nasdaq 100 and S&P 500 indices despite the fact that it has limited exposure to the artificial intelligence (AI) industry. It has…
Klarna stock has rebounded modestly ever since publishing its financial results in February this year. It has rebounded from the year-to-date low of $12.30 in February to the current $20.68. This rebound will be put to the test next week when the company publishes its financial results, which will provide…
Wholesale inflation in the United States remained subdued in July, coming in below economists’ expectations and adding to evidence that price pressures may be easing after a surge earlier this year driven by tariffs and geopolitical tensions.Data released by the Bureau of Labor Statistics on Wednesday showed the Producer Price…
Elon Musk’s net worth is surging this week as the SpaceX stock recovery gains steam and as analysts suggest that it has more upside ahead. Elon Musk net worth is soaringData shows that Musk’s wealth is bouncing back this week. According to Bloomberg, he added $65 billion in wealth on Wednesday,…
Dell stock price surged to a record high in extended hours after Lenovo Group, one of its biggest competitors, published strong financial results, suggesting that AI-driven demand remains. It jumped by 3.4%, crossing the $500 milestone for the first time ever. This rally may continue as all indicators point to…
Bloom Energy stock has rebounded recently, moving from the August low of $157.2 to a high of $248 today. This rebound has coincided with the ongoing rotation back to AI companies and its strong financial results. It has formed an inverted head-and-shoulders pattern, pointing to more upside.Bloom Energy is seeing…