Software stocks are back from the dead as AI fuels growth: can the rally continue?
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins…
ARB price prediction: How Robinhood Chain growth is boosting Arbitrum
Arbitrum price has made a strong bullish breakout, reaching its highest level since January this year. ARB jumped to $0.1950, up by 175% from its lowest level this year, making…
Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average…
AMD stock forecast: why this Nvidia rival is on the cusp of a breakout
AMD stock has pulled back over the past few months, falling from a high of $584.90 in June to around $456 currently. During this correction, the stock has gradually formed…
Why is the Nikkei 225 surging even as a soaring yen threatens Japan exporters?
Japan’s Nikkei 225 rebounded on Friday as easing fears of an imminent US rate increase helped technology shares recover, even as a sharp rally in the yen created a fresh…
Kospi Index nears an inflection point as South Korean won jumps
The Kospi Index rose by over 1% on Friday as a sense of calm emerged ahead of the upcoming US nonfarm payroll (NFP) data. It rose to 6,663 points even…
Why Jim Cramer thinks Nvidia needs an Apple-style $500 billion stock buyback
Jim Cramer thinks Nvidia should make a bigger bet on its own shares. The CNBC host has urged the chipmaker to launch a $500 billion stock-buyback programme, arguing that Nvidia…
Crude oil price forecast as Iran ramps up attacks on Kuwait
Crude oil price jumped to a crucial resistance level as the crisis in the Middle East continued. Brent, the global benchmark, jumped to $95.3, while the West Texas Intermediate (WTI)…
Nikkei 225 Index analysis as Japan bond yields surge, Softbank stock plunges
The Nikkei 225 Index continued its strong downward spiral, reaching its lowest level since August 5 this year, and 11.80% from its highest point this year. This retreat happened as…
Nikkei 225 Index analysis as Japan bond yields surge, Softbank stock plunges
The Nikkei 225 Index continued its strong downward spiral, reaching its lowest level since August 5 this year, and 11.80% from its highest point this year. This retreat happened as…