Why SpaceX stock is slipping over 4% on Monday
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SpaceX stock (SPCX) fell for a second consecutive trading session on Monday, moving closer to the company’s $135 initial public offering price just days after joining the Nasdaq-100 index. The…
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3 AI stocks Morgan Stanley prefers as investors rotate away from chips
Investors may be entering a second phase of the artificial-intelligence trade as enthusiasm begins to spread beyond the companies supplying chips and memory for data centres. Semiconductor stocks surged in…
Bitcoin price slips below $63,000: Is a deeper drop now coming?
Bitcoin (BTC) remains under pressure at the start of the week, trading around $62,800 on Monday as buyers struggle to regain momentum above the crucial $64,000 resistance level. Although the…
Top catalysts for South Korea’s Kospi Index this week
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of…
Why retail investors are ditching broader index bets for selective trades
Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities…
Dow rises as S&P 500 nears record, SK Hynix debut boosts AI chip stocks
US stocks ended higher on Friday, with the S&P 500 closing just shy of a record high as enthusiasm around artificial intelligence and semiconductor stocks offset concerns over renewed tensions…
Josh Brown reveals the best bank stock to own heading into Q2 earnings
NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure. However, the narrative has…
Broadcom stock’s latest catalyst targets Nvidia where it looks strongest
Broadcom’s latest challenge to Nvidia is not another processor designed to replace its market-leading GPUs. It targets the network that enables thousands of those processors to operate as a single…
Currency markets trade mixed amid US-Iran conflict uncertainty
Financial markets remained volatile heading into the weekend as investors avoided taking large positions amid continued uncertainty surrounding the conflict involving Iran and the United States. Market participants largely stayed…
MARA stock soars on a major AI announcement
MARA Holdings (MARA) shares are ripping higher on Thursday after the company announced a major acquisition that meaningfully accelerates its pivot into the AI and data center infrastructure space. Before…