Rocket Lab stock has crashed into a local bear market: will RKLB rebound?
Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market…
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Category: Investing
Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon
The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and…
Soaring Astera Labs stock faces a major valuation risk: what next?
Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its…
USD/JPY forecast as Japanese yen hits critical BoJ intervention level
The Japanese yen crashed to an important level that triggered a massive Bank of Japan (BoJ) intervention in April. The USD/JPY exchange rate rose to the crucial resistance at 160,…
USD/JPY forecast as Goldman Sachs turns bullish on the Indian rupee
The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate…
Cheap Adobe stock has formed a risky pattern: will it crash after earnings?
Adobe (NASDAQ: ADBE) stock price remains on edge this week as investors wait for the upcoming quarterly results, which will provide more insights on its business amid the ongoing artificial…
QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing
Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100…
USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges
The South Korean won continued its strong downward trend, reaching its lowest level since 2009, despite the ongoing Kospi Index surge. The USD/KRW exchange rate surged to 1,550, up sharply…