Lumentum stock: Wyckoff Theory points to a steep crash soon
Lumentum stock price has gone vertical this year and is now trading at its all-time high. LITE jumped to a high of $803, up by 1,600% from its lowest level…
Nasdaq moves into correction territory as Iran war weighs on markets
U.S. stocks and bonds sold off Thursday and oil continued its weekslong upward trajectory, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. The price of U.S. crude…
Trump signs executive order ensuring TSA workers are paid during DHS shutdown
President Donald Trump on Friday signed an executive order directing federal officials to ensure Transportation Security Administration (TSA) employees receive back pay during the ongoing Department of Homeland Security (DHS)…
USD/JPY forecast as Japan mulls yen intervention amid the sell-off
The Japanese yen continued its downtrend this week, raising the possibility that the Bank of Japan (BoJ) will intervene as it nears a crucial level. The USD/JPY exchange rate was…
What we know about the LaGuardia plane and fire truck crash
The two pilots killed in the collision between a passenger jet and a Port Authority fire truck at New York’s LaGuardia Airport late Sunday have been identified as Antoine Forest…
Schumer, Democrats say they support voter ID, then block GOP amendment to require it
Senate Democrats blocked an amendment to Trump-backed voter ID legislation that would have done something they publicly support and require photo identification to vote in federal elections. Democrats, including Senate…
Here’s why the Hang Seng, Nikkei 225, Kospi, and Shanghai Composite are falling
Asian indices like the Hang Seng, Nikkei 225, Shanghai Composite, and Kospi retreated on Thursday, erasing some of the gains made on Wednesday as optimism about talks between the United…
Why is OpenAI shutting down Sora just months after launch?
OpenAI is closing down its video generation platform Sora just months after its launch, marking a sharp shift in priorities at the company behind ChatGPT. The move comes as OpenAI…
Here’s why South Korea’s KOSPI Index is rising and what next
The KOSPI Composite Index jumped by over 1.7% on Wednesday as global stocks continued their recovery amid optimism that the Iran war will end soon. It jumped to KRW 5,653,…
Hang Seng Index is rising today: is this a bull trap or start of a rally?
The Hang Seng Index jumped by 1.4% on Tuesday as global stocks soared after the latest developments on the ongoing Iran war. It jumped to H$ 24,630 from this week’s…