Reddit stock price has slumped in the past few months, moving from a record high of $281 in September last year to $127 today. Its market capitalization has dropped from over $50 billion to the current $21 billion. So, will the strong revenue growth help it bounce back? Reddit stock crashes amid numerous headwinds The
Blockage of the all-important Strait of Hormuz has caused the largest disruption in the oil market, and gold price is feeling the heat. While the long-term outlook remains bullish, investors are keen on how the Fed and other major central banks will respond to the uncertainties. Besides, hopes of a ceasefire in the Middle East
Bitcoin price remains in a technical bear market this week after falling by double digits from the all-time high. BTC was trading at $66,800 on Sunday, and its fundamentals and technicals suggest that it has more downside to go in the foreseeable future. Bitcoin price technical analysis points to a steep crash The three-day timeframe
The AT&T stock price has jumped this year and is now nearing the all-time high, continuing the uptrend that has been going on since 2023. It jumped to a record high of $29.45 this week, up by 150% from its lowest point in 2023. It has formed a risky chart pattern, which bulls need to
Lumentum stock price has gone vertical this year and is now trading at its all-time high. LITE jumped to a high of $803, up by 1,600% from its lowest level in December. This rally may be about to end as it approaches the distribution phase of the Wyckoff Theory. Wyckoff Theory suggests that the Lumentum
The Nasdaq 100 Index and its ETFs, such as QQQ and QQQM, continue to decline and are nearing a correction after dropping 9.2% from their peak earlier this year. This retreat may persist as the effects of the ongoing war ripple through the markets and outflows intensify. Nasdaq 100 Index faces major risks as QQQ
BitMine stock price has gone horizontal since February as the crypto market consolidation continued. BMNR remains at the important support level at $20, which is much lower than the all-time high of $160. This consolidation may be the calm before the storm ahead of a strong bullish breakout. BitMine continues Ethereum accumulation after MAVAN launch
The Super Micro Computer stock price has remained on edge this month, a trend that continued last week after the company suffered a major reputation risk. SMCI stock was trading at $24 on Thursday, near its lowest level since November last year. It has slumped by 65% from its highest point in July last year.
Pop Mart stock price continued its freefall in Hong Kong on Friday, reaching a low of $150, its lowest level since April 17. It has plunged by over 55% from its highest level last year, erasing billions of dollars in value. Pop Mart stock drops despite share buyback The Pop Mart stock price has slumped
The Japanese yen continued its downtrend this week, raising the possibility that the Bank of Japan (BoJ) will intervene as it nears a crucial level. The USD/JPY exchange rate was trading at 159.60, a few points below the all-time high of 161.95. It has soared by over 14.3% from its lowest point last year. Why