Investing

Investing
Investing

SoFi stock price has imploded: will it rebound?

SoFi stock price continued its strong downward trend this year, moving to its lowest level since July last year. It has slumped by over 42% from its highest level in November last year, and technical analysis suggests that it has more downside to go. SoFi stock price technical analysis points to more downside  The daily

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Zoom Video stock: Wyckoff Theory points to a 100% surge

Zoom Video stock price has held steady in the past few years as its growth trajectory waned after the COVID-19 boom. ZM was trading at $90, inside a range it has remained at in the past few years. It remains 70% above its lowest level in 2024 as focus shifts to the upcoming earnings, which

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Investing

USD/CNY forecast: Here’s why the Chinese yuan is firing on all cylinders

The USD/CNY exchange rate continued its strong downward trend this week, reaching its lowest level since April 2023. It dropped to a low of 6.8955, down sharply from the all-time high of 7.3500 as the Chinese yuan gains steam.  Chinese yuan gains steam after the Supreme Court tariff ruling The USD/CNY pair continued its strong

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LSEG share price on edge ahead of earnings: what next for London Stock Exchange?

The London Stock Exchange Group share price has come under pressure in the past few months, mirroring the performance of other similar companies amid AI disruption jitters. It was trading at 7,706p on Tuesday, down sharply from last year’s high of 12,025. London Stock Exchange Group in focus ahead of earnings  The LSEG share price

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Diageo share price wedge pattern points to rally as earnings near

The Diageo share price has done well in the past few weeks as investors bought the dip amid the ongoing turnaround efforts. DGE has risen in the last nine consecutive weeks, reaching a high of 1,858p, its highest swing since November 10. It has jumped by nearly 18% from its lowest level this year as

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Pi Network price rises on mainnet launch anniversary

Pi Network price has done well this week, making it one of the best-performing tokens in the crypto industry. The token was trading at $0.1742 on Friday, up by 35% from its lowest level this year. Top reasons why the Pi Network price is doing well  Pi Coin price has done well this week as

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FTSE 100 shares to watch next week: Rolls-Royce, HSBC, IAG, LSEG

The FTSE Index remained in a tight range near its all-time high this week as market participants reacted to key news, including inflation and the labor market. It also reacted to key earnings by top companies, Rio Tinto, BAE Systems, and Centrica. This article explores some of the top Footsie stocks to watch next week

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Aston Martin share price alarming pattern points to a crash after profit warning

The Aston Martin share price remains under pressure on Friday after the company published another set of weak financial results and issued a profit warning. AML was trading at 58p, down sharply from last year’s high of 121p and the all-time high of 4,545p. Aston Martin Lagonda woes accelerated  The Aston Martin stock price has

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USD/INR forecast: Rupee outlook as Indian bond yields jump

The USD/INR exchange rate continued its recovery this year, moving from a low of 83.77 in May last year to the current 91. This recovery continued this week as Indian bond yields and business activity rose.  Indian bond yields and business activity are rising  The USD to INR exchange rate rose on Friday as India

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Salesforce stock’s a bargain ahead of earnings: buy or sell?

Salesforce stock has moved from one of the top gainers on Wall Street to a fallen angel. It has slumped to $185, down sharply from last year’s high of $366, a drop that has erased billions of dollars in value as the market capitalization has dropped from $352 billion to the current $173 billion. So,

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