Economy

Economy
Economy

Here’s why Tilray Brands stock has crashed: will it rebound soon?

Tilray Brands (NASDAQ: TLRY) stock price has plummeted this year, and is now hovering at its lowest level since July last year. It has plunged by 76% from its highest point last year, meaning that a $10,000 investment at its peak would be about $2,100 today.  Tilray Brands is facing major headwinds as core business

Read More
Economy

Tether-backed Oobit adds Arbitrum to simplify stablecoin merchant payments

Oobit, the global crypto payments app backed by Tether, has integrated the Arbitrum network into its payments infrastructure, expanding its push to make stablecoin spending easier at mainstream merchants. The move connects Arbitrum users with Oobit’s payment rails, allowing them to transact at more than 150 million Visa-accepting merchants across over 200 countries. For Oobit,

Read More
Economy

Salesforce stock rises ahead of earnings: what to expect?

Shares of Salesforce (CRM) gained 2% ahead of the company’s first-quarter earnings report on Wednesday afternoon. Investors are looking for signs that the software giant can stabilize growth and address mounting concerns over how artificial intelligence could reshape the enterprise software industry. The stock has fallen roughly 34% over the past year even as the

Read More
Economy

Micron stock targets $1 trillion valuation as metrics show shares remain cheap

Micron Technology stock remains in a bull market, making it one of the top-performing companies in the United States. MU has jumped by 155% this year, making it the fifth-best-performing company in the S&P 500 Index after Sandisk (SNDK), Intel (INTC), Seagate Technology (STX), and Western Digital (WDC). Micron stock is still cheap despite the

Read More
Economy

Dow rises nearly 100 points as AI chip stocks rally despite US-Iran tensions

US stocks moved higher on Tuesday as investors returned from the Memorial Day holiday weekend. Optimism around artificial intelligence-driven technology stocks helped offset ongoing geopolitical uncertainty tied to Iran and the broader Middle East conflict. The Dow Jones Industrial Average rose roughly 92 points, or 0.18%, while the S&P 500 gained about 0.54%. Nasdaq Composite

Read More
Economy

Why space stocks like Planet Labs, Rocket Lab, and LUNR are surging this year

Top space-related stocks are in a strong bull run this year, helped by the elevated demand from retail and institutional investors. Planet Labs (NASDAQ: PL), Rocket Lab (NASDAQ: RKLB), and Intuitive Machines (NASDAQ: LUNR) have all jumped by either double or triple digits this year. RKLB, PL, and LUNR have jumped ahead of the SpaceX

Read More
Economy

Sandisk stock flashes a double-top pattern: is a crash coming?

Sandisk (NASDAQ: SNDK) stock price remains in a long bull market this year, and is the best-performing company in the S&P 500 Index. It has soared by 505% this year and 4,118% since going public last year.  Its performance has been so strong such that $10,000 invested in it 12 months ago would be worth

Read More
Economy

Nebius stock stalls amid debt, dilution, and depreciation fears

Nebius Group stock price has soared this year and is now hovering near its all-time high. NBIS was trading at $214 after soaring by 192% from its lowest point in February. Still, the stock will likely continue rising, helped by the strong revenue momentum amid the artificial intelligence (AI) boom. Nebius Group momentum is accelerating

Read More
Economy

Marvell Technology stock flashes red ahead of earnings: will it drop?

Marvell Technology (NASDAQ: MRVL) stock price is in a strong bull run this year, making it one of the top gainers in Wall Street. MRVL jumped from last year’s low of $47 to $196, with its market capitalization rising from $42 billion to $171 billion. Will this rally continue rising ahead of earnings? Marvell Technology

Read More
Economy

SCHD ETF is beating S&P 500 and Nasdaq 100: does it have more upside?

The Schwab US Dividend Equity (SCHD) ETF rocketed to a record high last week, meeting our previous forecasts. It ended the week at $32.83, bringing its year-to-date gains to nearly 20%. In contrast, the S&P 500 and Nasdaq 100 indices have jumped by 9% and 17% this year. This trend may continue now that the

Read More