Australian stocks pulled back on Thursday, even as other global indices jumped amid the ongoing Iran-US truce. The ASX 200 Index dropped to $8,947, from this week’s high of $9,056. This retreat happened as investors reacted to the latest Chinese and Australian macro data. Still, it is slowly forming a bullish flag pattern, pointing to
BT Group share price has done well this year and is hovering at its highest level since 2016. It was trading at 218p on Thursday, up sharply from last year’s low of 171p. This rally may continue as it has formed the highly bullish cup-and-handle pattern. BT Group share price has formed bullish chart patterns
Bloom Energy stock price has embarked on a strong bull run after years of consolidation. It has soared to a high of $176.76, up by over 2,250% from its lowest point last year. This rally continued on Monday after extending its deal with Oracle. Still, there is a risk that it may reverse soon since
HYPE price held steady at its highest level since October last year as the crypto market rallied and as 21Shares made a minor update to its Hyperliquid token ETF. It has now jumped by over 110% from its lowest level this year. 21Shares updates its HYPE ETF filing In a filing to the Securities and
Asian stock indices continued their uptrend, mirroring the ongoing bull run in Wall Street. Japan’s Nikkei 225 jumped to ¥58,350, its highest level since February 28 and 15% above its lowest level this year. Similarly, Hong Kong’s Hang Seng Index has jumped to $26,100. Why Hang Seng and Nikkei 225 indices are rising The two
Rolls-Royce share price has held steady in the past few days as concerns about the civil aviation industry have eased modestly, signaling that the impact of the travel disruptions will not be as severe as expected. RR stock jumped to 1,315p on Tuesday, ups sharply from the year-to-date low of 1,080p. Rolls-Royce share price jumps
Lloyds share price has staged a major comeback and is slowly nearing its highest point this year as British stocks join the broader stock market rally. The stock surged to 103p, up sharply from the year-to-date low of 85p, and signs are that the bull run has more room to run. Lloyds Bank stock has
Tilray Brands stock price has moved sideways in the past few weeks as momentum in the cannabis industry waned. It was trading at $6.90, down by over 70% from its highest level last year. Still, technical analysis suggests that the TLRY stock may be on the cusp of a rebound. Tilray Brands stock on edge
Nio stock price is firing on all cylinders as other popular companies like Tesla and Rivian stumble. It jumped to a high of $6.50 on Monday, its highest point since November 11 last year and 51% above its lowest point in February New vehicle launch and growth momentum fuel growth Nio stock price has been
Lumentum stock price has been in a strong bull run and is hovering near its all-time high. It has soared from a low of $36 in 2023 to $897 today. It has jumped by 135% this year and is the second-best performing company in the S&P 500 Index after Sandisk. So, is it safe to