The DAX Index pulled back by over 1.37% on Thursday, erasing some of the gains made a day earlier. It dropped to €23,755 from this week’s high of €24,140. This retreated as the US-Iran ceasefire stalled and as Mercedes published weak results. US-Iran ceasefire and Mercedes-Benz deliveries The German DAX 40 Index retreated, mirroring the
Micron stock price popped to above $400, its highest point since March 24, up sharply from the year-to-date low of $315. This rebound may continue in the near term, helped by a giant megaphone chart pattern as the valuation multiples tumble. Micron stock price has formed a giant megaphone pattern The daily timeframe chart shows
IREN stock price has slumped into a bear market despite the ongoing demand for artificial intelligence (AI) computing. It was trading at $35.7, down sharply from its all-time high. IREN stock has plunged as large orders have remained elusive IREN, a Bitcoin mining company that is transitioning into a large provider of AI data center
Hubspot stock price has been in a strong downward trend since February last year, shedding billions of dollars in value as its market capitalization dropped from over $40 billion to $12 billion today. This retreat may continue as the stock has formed a large inverted cup-and-handle pattern. Hubspot stock price has formed a large bearish
Corning stock price has gone bonkers in the past few years and is now trading at its highest point on record. GLW jumped to a record high of $165, which is about 590% above the lowest level in 2023. This surge has pushed its market capitalization to over $141 billion. Corning stock becomes expensive amid
Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside The daily chart points to more
Japanese stocks and the yen surged on Wednesday as investors cheered the temporary ceasefire between the United States and Iran. The USD/JPY pair fell to 158.45, its lowest level since March 24, while the blue-chip Nikkei 225 Index jumped by over 5% to ¥56,000. Japanese yen and stocks to benefit from US-Iran ceasefire The Nikkei
Boeing stock price has rebounded in the past few weeks, moving from a low of $187 to $210. This trend may continue as the company faces some major catalysts, including potential orders from Iran and China. Potential orders from Iran and China Boeing stock may become a major beneficiary of the potential deal between the
Avis Budget’s stock price has gone through a short squeeze recently, making it one of the top gainers on Wall Street. It has jumped in the last five consecutive days and moved to its highest point since April 2022. Avis Budget stock chart | Source: TradingView Avis Budget stock has experienced a short squeeze The
Microsoft stock has crashed into a technical bear market after plunging from $550 to the current $372. This retreat has coincided with the ongoing sell-off in software stocks and as concerns about its massive capital expenditure continues. So, will the stock rebound now that it has become a bargain? Microsoft stock has plunged amid AI