PayPoint share price suffered a big reversal after forming a triple-top pattern on the weekly chart and after publishing relatively weak financial results. PAY plunged by over 20% in its worst day in years. It moved to a low of 512p, its lowest point since June last year. PayPoint share price crashed after forming a
Walmart stock price popped by over 6.5% on Thursday as investors reacted to its strong earnings report. WMT jumped to $107, its highest level since October 25, and a few points below the all-time high of $110. Walmart’s business is booming Walmart, the biggest retailer in the United States, announced strong financial results, helped by
The US stock market is on edge today as investors focus on Thursday’s crash following the strong Nvidia earnings. Futures tied to the Dow Jones rose by 0.40%, while those linked to the Nasdaq 100 and S&P 500 indices barely moved. US stock market attempts to rebuild The US stock market is under intense pressure
The Nikkei 225 Index bounced back above the resistance level at ¥50,000 for the first time this week as global equities soared after the recent Nvidia earnings and after the Japanese yen crash accelerated. It also jumped as investors reacted to the new stimulus deal. It has jumped by 60% from the year-to-date low of
The Japanese yen continued its recent crash on Thursday as its run as one of the worst-performing currencies accelerated. The USD/JPY exchange rate jumped to a high of 158, up by over 12% from its lowest level in April this year. It has jumped to its highest level since January last year. Japanese yen crashes
Bitcoin price remained under pressure on Thursday as investors remained in the sidelines amid elevated fear. BTC was trading at $91,940, down sharply from the year-to-date high of $126,300. This article explores some of the top reasons why the coin may rebound soon. Bitcoin price to rebound as Crypto Fear and Greed Index slumps One
Top semiconductor ETFs like the Direxion Daily Semiconductor Bull 3x Shares (SOXL), VanEck Semiconductor (SMH), and iShares Semiconductor (SOXX) rebounded in the extended hours after the strong Nvidia earnings and guidance. SOXL jumped by over 8% in extended hours, while SMH and SOXX rose by 2.8% and 2.70%, respectively. This article explores why these funds
Robinhood stock price has pulled back in the past few days, moving from this month’s high of $150 to the current $115. It has formed a risky pattern, pointing to more downside in the coming weeks as the crypto market retreat continues. Robinhood stock faces potential risks ahead Robinhood stock has done well this year
Nio stock price has pulled back in the past few months, moving from a high of $8 in October to the current $6. It has dropped below 24% from the year-to-date high, bringing its market capitalization to $12 billion from $15.35 billion in October. Nio’s business is doing well as demand rises Nio, a top
Baidu stock price has come under pressure in the past few weeks, moving from the year-to-date high of $150 in October to the current $113. This pullback has brought its market capitalization from ~$50 billion to ~$40 billion today. So, will the stock rebound after its earnings later on Tuesday? Why Baidu stock price slipped