Investing

Investing
Investing

Very good news for semiconductor ETFs like SOXL, SOXX, and SMH

Top semiconductor ETFs like the Direxion Daily Semiconductor Bull 3x Shares (SOXL), VanEck Semiconductor (SMH), and iShares Semiconductor (SOXX) rebounded in the extended hours after the strong Nvidia earnings and guidance.  SOXL jumped by over 8% in extended hours, while SMH and SOXX rose by 2.8% and 2.70%, respectively. This article explores why these funds

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Investing

Is the Carvana stock at risk as auto delinquencies jump?

Carvana stock price has pulled back in the past few months as investors worry about the rising delinquencies in the auto loan industry. It also slipped after its earnings missed what analysts were expecting. CVNA was trading at $330, down by 20% from its highest point this year.  Still, Carvana’s stock is doing much better

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Investing

CoreWeave stock analysis: is this data center company a buy or sell?

CoreWeave stock price has been in a free fall this year, erasing billions of dollars in value. CRWV plunged from the year-to-date high of $186 to the current $74, with its market cap falling from $87 billion to $37 billion today.  The recent CoreWeave plunge has coincided with the performance of other companies in the

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Investing

USD/ZAR: South African rand on edge as experts remain optimistic

The South African rand remained under pressure this week, even after the recent credit rating upgrade and the growing optimism about the country. The USD/ZAR exchange rate was trading at 17.20, a few points above the year-to-date low of 16.95. It remains about 13.75% below the highest point this year.  South African Rand wavers as

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Investing

Here’s why the FTSE 100 Index is crashing this week

The FTSE 100 Index remained under pressure this week, continuing a downtrend that started late last week when it jumped to a record high of £9,935. It has dropped in the four consecutive days and is now at the lowest level since October 23. It remains about 26% above its lowest level in April. FTSE

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Investing

DAX Index forecast as it loses key support and top laggards revealed

The DAX Index has pulled back in the past few months as the recent momentum in global stocks pulled back. It dropped to a low of €23,180, its lowest level since June 22, and is hovering at its lowest level since June 23rd. This article explores some of the top companies dragging the index. Adidas

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Investing

As the Adidas share price crashes, is it safe to buy the dip?

The Adidas share price has been in a strong downward trend in the past few months, making it the top laggard in the DAX Index. It plunged to a low of €153.90, down by over 41% from its highest point this year. This crash has brought its market cap from a peak of €47 billion

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Investing

XRP price prediction: at make-or-break level as ETF inflows continue

The XRP price remained under pressure in the past few months as investors dumped Bitcoin and most altcoins. Ripple dropped below $2.20 on Wednesday, down sharply from the year-to-date high of $3.6565. So, is it safe to buy the dip as XRP ETF inflows rise? XRP ETF inflows are continuing  The XRP price has retreated

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Investing

Wix stock has formed a risky pattern: will it crash further?

Wix’s stock price has crashed to a bear market this year, as it has crashed by over 48% from its highest level this year, as concerns about its growth and the emerging competition rise. It was trading at $126 on Wednesday, with its market capitalization remaining at $7 billion, down from the year-to-date high of

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Investing

Nvidia stock price forecast: NVDA is extremely cheap ahead of earnings

Nvidia stock price has pulled back in the past two weeks, moving from the year-to-date high of $212 to $180. This retreat will either accelerate or reverse once the company publishes its financial results later today.  Nvidia will likely publish strong results Wall Street analysts are highly optimistic about the upcoming Nvidia earnings. Data compiled

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