Goldman Sachs on Sunday said it is maintaining a guarded stance on oil prices, holding its forecasts below current futures despite signs of stronger global economic growth. The investment bank cited the likely increase in Iranian crude supply and a rise in OECD commercial inventories as factors that could counterbalance…
A wave of caution swept across Asia-Pacific financial markets on Monday, with most major indices closing lower as investors digested a fresh batch of economic data from China and the implications of Moody’s recent downgrade of the US credit rating.This subdued sentiment cast a shadow over the region, leading to…
XRP and other cryptocurrencies remain in focus ahead of CME’s launch of the XRP Futures ETF on Monday, which is being touted as a major milestone for digital assets at large.Investors are convinced that the launch of XRP Futures ETF will help boost institutional demand for Ripple’s native coin.Additionally, the…
Shares of Netflix fell over 2.3% in premarket trading Monday after JPMorgan downgraded the streaming giant to “neutral” from “overweight”, even as it raised its price target on the stock to $1,220 from $1,150. The new target implies a modest 2.38% upside from the company’s last close at $1,191.53. The…
XPeng stock price has stagnated in the past few weeks, but this could change when the Tesla and Nio rival publishes its financial results for the first quarter. XPEV was trading at $20.67, down by 23% from its highest point this year, and 28% above its lowest level this year.…
European stock markets commenced the trading week on a cautious footing Monday, with most major indices opening lower as investors turned their attention to a series of significant geopolitical events unfolding across the region. Amidst this broader market sentiment, a major corporate development saw Dutch tech investor Prosus formally launch…
The Schwab US Dividend Equity ETF (SCHD) stock price has rebounded in the past few weeks, rising by 11.5% from its lowest point this year. SCHD has jumped to a high of $26.60, its highest point since April 3. This article explores the top catalysts for the blue-chip dividend ETF.Top…
CoreWeave stock price has surged to a record high as investors cheer the recent earnings and its continued growth. It jumped to a high of $83.97 on Friday, up by 150% from its lowest level this year. This surge brought its market cap to over $38 billion, making it one…
Nebius Group stock price continued its strong rally this month as investors cheered the recent Coreweave earnings. NBIS shares surged to a high of $37.50 on Friday, its highest level since February, and up by 103% from its lowest level this year. So, will the stock rise or fall after…
A wave of caution swept across Asia-Pacific financial markets on Monday, with most major indices closing lower as investors digested a fresh batch of economic data from China and the implications of Moody’s recent downgrade of the US credit rating.This subdued sentiment cast a shadow over the region, leading to…