Investing

Investing
Investing

Fastly stock price has gone parabolic: does it have more upside?

Fastly stock price has staged a strong comeback this month, reaching its highest point since January 22nd. It has risen in the last five consecutive weeks, and is now up by nearly 500% from its lowest level last year. So, is it safe to buy the stock today? Fastly stock boosted by rising demand  Fastly,

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Investing

Nike stock price is nearing a make-or-break level: is it a buy?

Nike stock price has crashed to an important support level, and technicals suggest that it may drop further in the coming weeks or months. NKE has dropped in the last five consecutive weeks, reaching its lowest level since April 15 last year. It has dropped by nearly 70% from its highest point in 2021. Nike

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Investing

Brent crude oil price analysis as Goldman Sachs boosts forecast

Brent crude oil price held steady on Monday as the Iran war continued. It jumped to $112, up by 91% from its lowest level this year. It is hovering near the year-to-date high of $119.50, and analysts at Goldman Sachs believe it has more upside to go in the coming weeks. Goldman Sachs boosts crude

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Investing

FTSE 100 Index futures enter correction as top UK shares plunge

The FTSE 100 Index futures continued the recent downtrend, reaching its lowest level since January 5 this year. It dropped to £9,800 on Monday, down by 10% from its highest point this year, officially entering a correction.  Top reasons why the FTSE 100 Index is falling  There are two primary reasons why the Footsie Index

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Investing

Air Canada stock faces turbulence as headwinds rise: what next?

Air Canada stock price has retreated in the past few weeks, mirroring the performance of other airlines, which have tumbled as the Iran war started. AC dropped to $17.35 on Friday, down by about 20% from its highest point this year. Other airline stocks have also dropped, with the closely-watched US Global Jets ETF (JETS)

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Investing

Top 3 reasons why Canada’s TSX Composite has crashed into a correction

The TSX Composite Index has retreated sharply in the past few weeks, erasing some of the gains made earlier this year when it surged to a record high. It retreated to $31,000 on Friday, down by nearly 10% from its highest point this year. TSX Composite Index has slumped as gold and silver prices plunge 

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VOO ETF gains $51B, eyes $1 trillion as SPY and IVV lose billions

A major rotation is happening among exchange-traded funds tracking the S&P 500 Index. The Vanguard S&P 500 Index (VOO) has continued soaring, while the other large funds are shedding billions of dollars in assets. VOO ETF inflows are soaring this year  Data compiled by ETF shows that investors are piling into the popular Vanguard S&P

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Will the S&P 500 Index and VOO stock rebound or crash further?

The S&P 500 Index and the VOO ETF have slumped this month as the war in Iran has gained momentum. It dropped to $6,500 on Friday, its lowest level since September 10 last year. It has slumped by ~7% from the year-to-date high. JPMorgan warns on the S&P 500 Index  As the S&P 500 Index

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Carnival share price analysis: extremely pressured ahead of earnings

Carnival share price has slumped and moved into a bear market after falling by ~26% from the year-to-date high. It ended last week at 1,830p, near its lowest level since December last year. Its upcoming results this week will provide hints on the impact of the ongoing Iran war on its business. Carnival is facing

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Investing

Here’s why the Venture Global stock price is in a major bull run

Venture Global stock price has staged a strong comeback this year, helped by the ongoing Iran war that has pushed natural gas prices higher. VG jumped to a high of $16.7 this month, its highest level since July last year. It has jumped by over 180% from its lowest level this year, bringing its market

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