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Investing

ASX 200 Index forecast as UBS predicts RBA rate hike after surprise Australia jobs data

The ASX 200 Index wavered after the latest Australian jobs report raised the possibility that the Reserve Bank of Australia (RBA) will hike interest rate in the next meeting. It also rose after the latest Trump TACO moment on the Greenland issue. It was trading at A$8,837, up slightly from this week’s low of $8,738.

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JetBlue stock price: golden cross pattern nears ahead of earnings

JetBlue stock price has rebounded in the past few months even as its short interest has risen to 16% and as analysts have turned highly bearish on the company. JBLU jumped to $5.52, its highest level since September 3, and 40% above the lowest level in December last year.  Analysts have turned bearish on JetBlue

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Investing

Adobe stock price crash supercharges: Is it a bargain or a value trap?

Adobe stock price continued its freefall this week, reaching its lowest level since November 22, turning one of the best-known software companies into a fallen angel. ADBE dropped to a low of $294, down by 53% from its highest point in 2024, with its market capitalization falling from the all-time high of $288 billion to

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Sandisk stock price may suffer a harsh reversal soon: here’s why

Sandisk stock price continued its remarkable bull run this week, reaching a record high of $501. SNDK has jumped by over 100% this year, making it the best-performing company in the S&P 500 Index.  Its surge is a continuation of a bull run that started in April last year, when it bottomed at $30. Other

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Workday stock has become a bargain: is it safe to buy the dip?

Workday stock price continued its strong downward trend in the past few months, reaching a low of $180, its lowest level since May 2023. WDAY plunged by 40%from its highest level in February 2024. This article explores some of the top reasons why the stock has crashed and whether it is a good buy. Why

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VOO stock analysis: Here’s why this S&P 500 ETF may dive soon

The Vanguard S&P 500 ETF (VOO) has moved sideways in the past few weeks and is hovering near its all-time high as the earnings season continues. VOO was trading at $630, a few points below the all-time high of $640. While the fund has bullish catalysts, there is a likelihood that it will suffer a

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Investing

Amazon stock forms an alarming pattern: is a crash coming?

Amazon stock price has pulled back in the past few months, moving from a high of $258 in November to the current $230. It has also formed a risky chart pattern, pointing to more downside ahead of its earnings. Amazon stock price technical analysis suggests more downside The daily timeframe chart shows that the AMZN

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GLD ETF analysis: What next for gold as the rally gains steam?

Gold price has ended the week-long range-bound trading by refreshing its all-time high earlier on Tuesday. At the time of writing, the bullion was at a fresh record high of $4,725. With that, the GLD ETF, which tracks the performance of the gold bullion, is set to make a similar move.  Notably, a weaker US

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Polygon price prediction as adoption, transactions, and fees soar

Polygon price has retreated and pared back some of the gains experienced earlier this year. The POL token was trading at $0.1345 on Wednesday morning, down from the year-to-date high of $0.1865. Its fundamentals suggest that the POL price will eventually rebound as the network growth accelerates. Polygon’s adoption rate has soared  Polygon, one of

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USD/INR forecast: Here’s why the Indian rupee is in a freefall

The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee

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