Investing

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Broadcom stock flashes bullish flag and C&H pattern ahead of results

Broadcom (NASDAQ: AVGO) stock has moved sideways in the past month as the recent bullish momentum faded. This consolidation may be calm before the storm as it has formed a bullish flag pattern ahead of its quarterly earnings on June 3.  Broadcom stock has formed a giant bullish flag pattern The daily chart shows that

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Virgin Galactic stock is soaring ahead of the SpaceX IPO: what next?

Virgin Galactic (NYSE: SPCE) stock price has gone parabolic this month, reaching its highest point since December last year. SPCE shares have jumped by 65% from their lowest level this year. So, will the stock continue rising as short interest jumps? Virgin Galactic has soared ahead of the SpaceX IPO The SPCE stock price has

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Investing

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

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Here’s why the Kospi Index rally has taken a breather today

The Kospi Index pulled back by over 1% on Thursday as the recent bull run took a breather, following the South Korean central bank’s interest rate decision. It retreated to KRW 8,133, down slightly from this week’s high of KRW 8,480. South Korea’s central bank gives a hawkish pause The Kospi Index retreated, while the

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Crude oil price on edge as the US launches another attack against Iranian targets

Crude oil price rose slightly as concerns about the US-Iranian truce rose following the latest strikes against Iranian targets. Brent, the global benchmark, was trading at $93.85, while the West Texas Intermediate (WTI) rose to $90 a barrel.  US hits Iranian targets again Brent and the West Texas Intermediate rose slightly after the US Central

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Investing

Here’s why the crypto market is crashing today

The crypto market is crashing today, with Bitcoin and top coins being in the red. Bitcoin price dropped below the crucial support level of $73,000, while Ethereum plunged below $2,000. Other top laggards in the crypto industry were tokens like Humanity, Render, Ondo, Virtuals Protocol, Worldcoin, and Celestia. Crypto market crash triggered by US-Iran tensions

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Here’s why the XRP price is in a deep dive today

XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to the fast-growing space and artificial intelligence industries. Ripple dropped to $1.2723, its lowest level since February. XRP price crashes as ETF inflows stall Ripple’s price

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Brent crude oil price may crash to $58, rare chart pattern suggests

Brent crude oil price rose a bit on Tuesday as the US launched strikes against some Iranian targets and as Israel’s Benjamin Netanyahu urged the military to strike Hezbollah targets in Lebanon. It was trading at $95, a few points above this week’s low of $93.45, and a double-top pattern points to an eventual drop

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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

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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

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