The US dollar moved higher on Monday after weekend talks between Washington and Tehran failed to produce an agreement to end the ongoing conflict. According to CNBC, the greenback gained 0.3% against the euro, trading at $1.169, and rose 0.25% against the British pound to $1.342. The uptick in the currency came after peace negotiations
The VanEck Semiconductor ETF (SMH) is in sharp focus on Apr. 13 after the high-stakes US-Iran peace talks collapsed, dashing hopes of a diplomatic resolution in the Middle East. SMH is now flashing technical caution as its relative strength index (RSI) hovers in the late 60s, a level that suggests the asset is rapidly approaching
Intel stock price has staged a strong comeback this year and is now hovering near its all-time high. It soared to $62.40, up by over 245% from its lowest level last year, bringing its market capitalization to over $313 billion. Intel stock has soared as numerous catalysts converged INTC stock has rebounded in the past
Shares of Revolution Medicines surged sharply on Monday after the company reported positive results from a late-stage trial of its experimental pancreatic cancer drug, raising hopes for a potential breakthrough in one of the deadliest forms of the disease. The stock climbed 38% after the opening bell, extending gains to 69% since the start of
IREN stock price has rebounded in the past few days, moving from a low of $30 on March 30 to the current $40. It remains down by 50% from its highest point in 2025. So, will the stock continue rising as top companies like CoreWeave and Nebius extend their market share? CoreWeave and Nebius are
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran plans to reopen the Strait of Hormuz, contingent on a mandatory fee of up to $2 million per ship, payable in Chinese Renminbi or cryptocurrency.
Nio stock price is firing on all cylinders as other popular companies like Tesla and Rivian stumble. It jumped to a high of $6.50 on Monday, its highest point since November 11 last year and 51% above its lowest point in February New vehicle launch and growth momentum fuel growth Nio stock price has been
Lumentum stock price has been in a strong bull run and is hovering near its all-time high. It has soared from a low of $36 in 2023 to $897 today. It has jumped by 135% this year and is the second-best performing company in the S&P 500 Index after Sandisk. So, is it safe to
Wall Street investors are getting jittery as the US public debt surges in an uncontrollable manner and the rising 30-year yield. The popular iShares 20+ Year Treasury Bond ETF (TLT) has shed over $5 billion this year, while the Vanguard Long-Term Treasury ETF (VGLT) has lost over $110 million this year. TLT and VGLT ETFs
Tesla shares rose 0.4% to $350.81 in early trading, outperforming a weaker broader market. The S&P 500 and the Dow Jones Industrial Average fell 0.1% and 0.3%, respectively, as geopolitical tensions escalated. The move followed comments from Donald Trump, who said the US Navy would blockade the Strait of Hormuz after peace talks with Iran