The IREN stock price has nosedived recently and formed a risky pattern that points to further downside. It dropped to $43 this week, down by over 40% from its highest point this year. So, is it safe to buy the IREN dip or does it have more downside to go? IREN stock price technicals point
Adobe stock price has been in a freefall in the past few years as it continued to underperform the broader stock market. ADBE was trading at $325 today, Dec. 4, down by over 50% from its pandemic highs. Its market cap has dropped from $341 billion at its peak to $138 billion today. Adobe shares
The crypto market is going down today, with Bitcoin falling by 1.25% in the last 24 hours, and XRP, Solana, Dogecoin, and Hyperliquid (HYPE) falling by over 3%. The market capitalization of all tokens dropped by 1.36% to $3.15 trillion. Here are some of the reasons why the crypto market crash is happening today. Crypto
Ulta Beauty stock surged by over 6% in the extended hours after the company published strong financial results, which demonstrated resilient demand in the industry. It rose to $566 from the closing price of $533, and is now about 83% from its lowest level this year. Ulta Beauty’s business is doing well Financial results released
The Dow Jones Index held steady this week and is hovering near its all-time high as investors refocus on the upcoming Federal Reserve interest rate decision and key earnings by Adobe, Oracle, and Costco. It was trading at $48,000, its highest level since November 13, and is slowly forming a risky pattern. Will the rally
SoFi stock price tanked by over 6% in the extended hours as concerns about increased dilution continued. It dropped to $27.7 from the closing price of $30, and 15% below the highest point this year. So, is the ongoing sell-off warranted? SoFi stock price tanks amid dilution fears SoFi, a top American fintech, came under
The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
The Hang Seng Index has wavered in the past few months as concerns about the Chinese economy and the housing market have remained. HSI was trading at H$25,800, down by 5.4% from its highest point this year. Hang Seng Index pressured by trouble in the real estate sector One main reason why the Hang Seng
PayPal stock price has been a top laggard in the past few years, with any attempts to rebound facing substantial resistance. PYPL was trading at $61.25 on Thursday, down by 35% from its highest point this year. So, is PayPal a bargain or a value trap? PayPal’s growth has stalled, and challenges are rising PayPal,
The JPMorgan Equity Premium Income (JEPI) ETF stock has done well this year as US shares have soared. It has soared to a record high of $57.50, up by ~21% from its lowest point this year. So, is the JEPI ETF a good buy or is the popular Vanguard S&P 500 ETF (VOO) better? How