Citigroup beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as strong trading activity and higher investment banking fees boosted results. The bank…
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Investing
Oracle stock drops below crucial support as its bond yields jump: now what?
by adminby adminOracle stock continued its strong freefall this week, reaching its lowest level since April last year. ORCL has slumped by over 62% from its all-time high, with Larry Ellison’s net…
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The New York Times’ stock has pulled back into a local correction, retreating from its year-to-date high of $87.18 to $75. The decline follows profit-taking after Berkshire Hathaway disclosed its…
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The Roundhill Memory ETF (DRAM) slumped by over 8% in the pre-market session as the volatility in the industry escalated. It dropped to $937, down by 25% from its highest…
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The Philadelphia Stock Exchange Semiconductor Index (SOX) is exhibiting “severe” technical turbulence, signaling a potential drawdown of up to 17%, according to investment bank BTIG. While the group maintains a…
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GE Aerospace stock has rallied strongly over the past year, gaining about 43% as robust demand for commercial aviation and sustained defense spending in the United States and other key…
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Investing
Will UnitedHealth stock crash after earnings? Charts flash warning signs
by adminby adminUnitedHealth Group stock has been in a strong rally this year as investors cheered its turnaround efforts and the Trump administration’s decision to boost Medicare Advantage payments by a larger-than-expected…
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The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of…
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The S&P 500 Index continued rising and neared its all-time high on Friday as some big tech companies like Nvidia and AMD rebounded. It ended the week at 7,575, with…
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Investing
WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz
by adminby adminWest Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73, with its 24-hour volume and…