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Here’s why Nio stock is pumping in the premarket today

Here’s why Nio stock is pumping in the premarket today

Nio stock has pulled back sharply in the past two months, moving from a high of $6.98 in May to a low of $4.66. It has stabilized recently, rising to $5.13 in the premarket session

Business
Here’s why the Kospi Index is in a freefall today (July 13)

Here’s why the Kospi Index is in a freefall today (July 13)

The Kospi Index moved deeper into correction as the biggest South Korean stocks resumed their freefall. It plunged to 6,806, its lowest level since May 4, and 26% below its highest point this year. This

Business
Top 4 catalysts that will drive the Hang Seng Index this week

Top 4 catalysts that will drive the Hang Seng Index this week

The Hang Seng Index has stalled at a key resistance level as the recent momentum in China's technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its

Business
WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz

WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz

West Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73, with its 24-hour volume and open interest rising to $113

Business
Top catalysts for South Korea’s Kospi Index this week

Top catalysts for South Korea’s Kospi Index this week

The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of 9,387. This article highlights some

Business
SoFi stock is crawling back: will it surge ahead of Q2 earnings?

SoFi stock is crawling back: will it surge ahead of Q2 earnings?

SoFi stock has rebounded in recent weeks, climbing from its year-to-date low of about $15 to around $19 today. Even so, the shares remain roughly 42% below their all-time high. CEO Anthony Noto has attributed

Business
Bloom Energy stock has slumped: buy the dip or sell the rip ahead of earnings?

Bloom Energy stock has slumped: buy the dip or sell the rip ahead of earnings?

Bloom Energy stock has retreated into a bear market, falling by 33% from its highest point this year. It dropped to $234 today, continuing a trend that started on June 25 when it reached a

Business
Bitcoin price prediction as Crypto Fear and Greed Index jumps despite Strategy sales

Bitcoin price prediction as Crypto Fear and Greed Index jumps despite Strategy sales

Bitcoin price has held steady in the past few days, moving from this month’s low of $57,725 to the current $64,000. It has flipped a crucial resistance level into support and formed a bullish pattern,

Business
Kospi Index jumps as Samsung, SK Hynix lead, but beware of key risks

Kospi Index jumps as Samsung, SK Hynix lead, but beware of key risks

South Korea’s Kospi Index jumped by over 4% on Friday, capping a highly volatile week that saw it plunge to 7,060, its lowest level since May 20. It remains in a local bear market after

Business
USD/ZAR forecast: falling wedge points to a South African rand pullback

USD/ZAR forecast: falling wedge points to a South African rand pullback

The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the Middle East. It jumped to 16.50 on Wednesday and then pulled back