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Investing

USD/INR forecast: Here’s why the Indian rupee is in a freefall

The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee

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Investing

Tesco share price is stuck in a correction: can it bounce back soon?

The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year. It was trading at 425p on Wednesday, down from the all-time high of 481p. This article explains what to expect as technicals point to more downside in the near term. Tesco share price

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Investing

PayPal stock just lost a crucial support: is it a bargain or a value trap?

PayPal stock price continued its strong downward trend this week as it plunged to the lowest level since November 2023. It lost a crucial support level as sellers remained in control and the short interest rose to 4.8%.  PayPal has become a fallen angel  PayPal stock price has crashed in the past few years, mirroring

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Investing

Peloton stock forms a risky pattern as insiders sell, short interest rises

Peloton stock price has come under intense pressure in the past few months as its growth trajectory waned and as insiders dumped shares. PTON dropped by over 7% on Tuesday, reaching a low of $5.85, its lowest level since May last year. It has tumbled by 35% from its October highs and formed a risky

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Investing

Lululemon stock forecast: Here’s why LULU may crash 20%

Lululemon stock price has suffered a harsh reversal in the past few months, moving from a record high of $516 in 2024 to the current $188. This crash has brought its market capitalization from a record high of over $68.27 billion to the current $23 billion. This article explores whether the stock has more downside

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Investing

EVgo stock price forms a risky pattern as growth concerns remain

EVgo stock price has suffered a major reversal, falling by 40% from its highest level in October last year. It was trading at $3.05, with its market capitalization falling from $1.55 billion to $942 million today. EVgo’s performance mirrors the performance of other electric vehicle charging companies. Blink Charging stock dropped from a high of

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Latest News

DOGE era overhaul: GSA touts $60B in savings as Trump shrinks gov’t footprint: ‘Results speak for themselves’

One year into President Donald Trump’s second term, the federal agency responsible for managing government buildings, contracts and technology says it has delivered tens of billions of dollars in savings for taxpayers. The U.S. General Services Administration (GSA) announced on Tuesday that it has driven more than $60 billion in federal contract savings since January

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Latest News

Trump seeks Davos signing ceremony for Gaza Board of Peace

Plans are being put together at President Donald Trump’s direction to hold a signing ceremony in Davos, Switzerland, for the Gaza Board of Peace, Fox News confirmed on Tuesday. Bloomberg was first to report the plans. The Trump administration began sending invitations to countries over the weekend, asking them to become founding members of the

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Latest News

Trump appears at White House briefing one year after inauguration

President Donald Trump made a special appearance Tuesday at the White House press briefing on the one-year anniversary of his second term’s start. The president highlighted crime and fraud in Minnesota at the top of his remarks. Trump was inaugurated one year ago today for his second term as president. The last time he appeared

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Latest News

Top EU official warns Trump’s tariff threat over Greenland pushback is ‘a mistake’

The European Union’s top official did not hold back in her warnings about President Donald Trump’s threat to impose fresh tariffs on countries opposing his push for the U.S. to acquire Greenland, a semiautonomous Danish territory. European Commission President Ursula von der Leyen called Trump’s threats ‘a mistake’ and questioned U.S. trustworthiness, saying that the

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