Applied Materials stock forms a rare bullish pattern ahead of earnings
Applied Materials stock price has pulled back from last week’s high of $200 to the current $185. It remains about 50% above the year-to-date low as investors focus on its…
e.l.f. Beauty stock surges 11% on Monday after Morgan Stanley upgrade
Shares of e.l.f. Beauty (NYSE: ELF) jumped 11% in Monday trading following a notable upgrade from Morgan Stanley, which raised its rating on the cosmetics company from Equalweight to Overweight.…
GLD ETF readies for breakout in event-packed week
GLD ETF has sustained last week’s gains as the market remains cautiously bullish. At the same time, gold price edged lower in early Monday session as a positive market sentiment…
DXY Index: US dollar outlook ahead of inflation data
The US Dollar Index (DXY) remained in a tight range on Tuesday as market participants waited for the upcoming US Consumer Price Index (CPI) data. It was trading at $98.50,…
AUD/NZD forecast: golden cross nears after the RBA rate decision
The AUD/NZD exchange rate held steady on Tuesday and was about to form a golden cross after the Reserve Bank of Australia (RBA) delivered its interest rate decision. It was…
NVIDIA stock price forecast as fresh China headwinds rise
The NVIDIA stock price is in the spotlight as concerns about its Chinese business continues. NVDA is hovering at a record high of $182, bringing the year-to-date gains to 30%,…
The Zimbabwe ZiG currency is flourishing: here’s why
The Zimbabwe ZiG currency is holding steady against the US dollar and other currencies as its reserves jump and the country’s economy perform well. The official USD/ZWL exchange rate was…
Here’s why Nio stock price may jump 40% soon
Nio stock price remained in a tight range this month as market participants wait for its financial results and the hype of its recently launched vehicle faded. It was trading…
Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first…
A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts
NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates…