Alibaba Stock Price: More Pain Ahead After Earnings but Recovery Likely
The Alibaba stock price sank by more than 6% in New York after the company recorded its first loss as a public company. The meltdown continued in Hong Kong, where…
GBP/USD: Bears Eye 1.4 After US CPI Rise the Highest Since 2009
GBP/USD is trading lower on Wednesday as a reaction to the US inflation data. According to the US Bureau of Labor Statistics, consumer prices rose by 0.8% on April MoM.…
Here’s Why the Dow Jones Choked Ahead of US Inflation Data
The Dow Jones Industrial Average had its worst day since February as fears of inflation continued. The index declined for the second consecutive day, shedding 478 points. These losses are…
GBP, BRL, and XAU Rally while the Dollar Weakens on Disappointing NFP
Major currencies led by the British pound are rallying amid weakness in the dollar following a disappointing NFP report.Major indices are flirting with all-time highs in the wake of weak…
Crude Oil Price Forecast Ahead of EIA’s STEO, OPEC Monthly Report
Crude oil is trading lower on the first day of the week. Brent futures were down by 0.41% at $67.92. WTI futures fell by 0.06% at $64.86. Prolonged shutdown of the system…
ARKK Hangs in the Balance as Rotation From Growth Intensifies
The Ark Innovation Fund (ARKK) is under intense pressure as most of its constituent companies struggle. The fund is down by more than 33% from the year-to-date high and is…
Peloton Stock Price Analysis: It Could Get Worse Before it Gets Better
The Peloton (PTON) stock price crashed on Wednesday after the company announced a decision to recall its popular treadmills after a series of accidents. The PTON share price declined to…
ARK Genomics ETF (ARKG)
Overview: ARK Genomics ETF (ARKG) benefits its investors from the disruptive scientific and technological advancements in genomics. The fund holds the stocks of the leading bioscience, pharmaceutical and other niche companies…
Crocs Stock Jumped 20% After Earnings — Is it Still a Buy?
The Crocs (NASDAQ: CROX) stock price surged on Tuesday after the company reported better earnings and upped its forward guidance. The stock rose by as much as 20% and rose…
Flee From the US Market, Pour It up and Look into ChinaA50
At first glance, the US economy is getting back on track. The labor market is recovering as Unemployment claims decreased again last week, posting better than expected results. Positive readings…
Netflix Stock Price Could Bounce After the Post-Earnings Dip
The Netflix (NFLX) stock price declined by more than 8% in the after-hours session as the market reflected on the relatively weak quarterly earnings. It ended the day at $550…
4 Best Hydrogen Stocks You Can Buy in 2021
Until recently, only environmentalists used to talk about the adverse effects of global warming and climate change. These days, however, many countries in the world are working together to promote…
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