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Coherent stock forms bullish pattern as Lumentum projects strong optics demand

Coherent stock forms bullish pattern as Lumentum projects strong optics demand

Coherent (COHR) stock has wavered since mid-August, in step with the consolidation among leading companies in the artificial intelligence industry. Shares were trading at $309.60 on Friday, about 30% below their high for the year.

Business
SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down by nearly 80% from its

Business
GE Aerospace stock is stuck in a bear market as a death cross nears

GE Aerospace stock is stuck in a bear market as a death cross nears

GE Aerospace stock has tumbled into a bear market and is about to form a death cross pattern as investors continue selling amid rising valuation concerns. It dropped to $303 this week, its lowest level

Business
AGNC stock has a dividend yield of 17%: is it a buy as a risky pattern forms?

AGNC stock has a dividend yield of 17%: is it a buy as a risky pattern forms?

AGNC Investment stock has sold off sharply in the past few weeks, and this retreat may continue after it formed the highly bearish double-top pattern. It has slipped for eight consecutive weeks, reaching its lowest

Business
Rolls-Royce share price is facing turbulence: here’s why

Rolls-Royce share price is facing turbulence: here’s why

Rolls-Royce stock price has sold off substantially in the past few weeks as the momentum it had earlier this year stalled. It tumbled to 1,404p on Wednesday, down by 11.4% from the highest point this

Business
IAG share price: Here’s why the British Airways parent is falling today

IAG share price: Here’s why the British Airways parent is falling today

IAG’s share price fell 2.6% on Thursday as crude oil prices resumed their rally, raising concerns about higher jet fuel costs. The stock dropped to 420p, its lowest level since September 18 and about 15%

Business
CoreWeave stock faces mounting risks as key challenges persist

CoreWeave stock faces mounting risks as key challenges persist

CoreWeave stock climbed to $91.90 on Tuesday, tracking gains across other neocloud companies such as IREN and Nebius. The shares are now up more than 50% from their lowest level this year. Still, despite this

Business
FTSE 100 outlook: Gilt yields climb as markets price in a BoE Rate Hike

FTSE 100 outlook: Gilt yields climb as markets price in a BoE Rate Hike

The FTSE 100 Index has come under pressure in the past few weeks, moving from a high of 10,990 in July to the current 10,523. This retreat has continued as UK government bond yields have

Business
Top 4 FTSE 100 shares to watch this week: Tesco, BT Group, Shell, BP

Top 4 FTSE 100 shares to watch this week: Tesco, BT Group, Shell, BP

The FTSE 100 Index has retreated in the past few weeks, moving from a high of 10,990 in July to a low of 10,387. It has slumped to its lowest level since July 16. This

Business
Here’s why Scottish Mortgage share price has soared to a record high

Here’s why Scottish Mortgage share price has soared to a record high

Scottish Mortgage share price has staged a strong breakout to a record high, supported by the ongoing recovery in its top portfolio companies. The stock has jumped to 1,645p, up about 40% this year and