Canopy Growth stock price staged a strong comeback in the pre-market session as investors cheered the latest news on cannabis rescheduling. CGC jumped by over 35% to $1.530, pushing its market cap to over $400 million. So, will the stock’s gains hold? Canopy Growth stock jumps amid rescheduling news Canopy Growth is one of the
Broadcom stock price suffered a 5% reversal on Friday, a day after the company published strong financial results, and analysts remained optimistic about its future. AVGO dropped to $385, down from the all-time high of $412. So, it safe to buy the dip? Broadcom published strong financial results Broadcom, one of the biggest companies in
Coupang stock price has suffered a big reversal in the past few months as a major data breach affected its outlook. CPNG plunged to a low of $25.80, its lowest point since May and ~25% from its highest point this year. So, will the stock rebound as it nears a death cross? Coupang stock price
Tilray Brands stock price has rebounded in the past three days, and chances are that the surge will accelerate as a new catalyst emerges. TLRY rose to $8.43, a few days after the company completed its reverse stock split. It has now jumped by 21% from its lowest point this month. Trump to push for
Silver price refreshed its record high on Friday, proving that the rally was not just Fed-driven. With the persistent economic uncertainties and geopolitical risks, investors are seeking exposure in the white metal, which they expect to rally further. This sentiment has bolstered silver ETF inflows, with November marking its highest level since July. Besides, its
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at least a non-committal position, is highly likely. These expectations, coupled with the overwhelming concerns of a supply glut in coming months,
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision. SNB interest rate decision ahead The USD/CHF exchange
Bitcoin and top altcoins suffered a harsh reversal today, Dec. 11, as concerns about the Federal Reserve forward guidance resumed. BTC dropped below $90,000, erasing some of the gains made earlier this week. XRP price dropped by 3.6% in the last 24 hours and by 7.8% in the previous seven days. Similarly, Solana, Dogecoin, Cardano,
Scottish Mortgage share price popped this week, reaching its highest level since November 5. SMT jumped to a high of 1,140p, up by 11% from its lowest level in November and by 46% from its lowest point in November last year. Scottish Mortgage share price is soaring amid SpaceX IPO news SMT is a large
The GM stock price has been in a strong bull run this year and is beating most companies in the S&P 500 Index by far. General Motors has jumped by nearly 55% this year, bringing its market capitalization to over $75 billion. General Motors’ business is doing well A few months ago, there were concerns