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Nikkei 225 at risk of hitting 62k as traders bet on Fed, BoJ hikes

Nikkei 225 at risk of hitting 62k as traders bet on Fed, BoJ hikes

The Nikkei 225 Index moved sideways as the Japanese yen retreated to its lowest level since September 7 and as traders predicted that the Bank of Japan (BoJ) and the Federal Reserve will hike interest

Business
Dell stock dips amid the AI safety jitters: is the end of the bull run?

Dell stock dips amid the AI safety jitters: is the end of the bull run?

Dell stock retreated in the premarket session as investors dumped technology shares amid concerns about artificial intelligence (AI). It retreated to $550 from last Friday’s close of $567 also as investors started to book profits.

Business
Kioxia share price on edge as it plans a $10 billion ADR US listing

Kioxia share price on edge as it plans a $10 billion ADR US listing

Kioxia share price remained under pressure on Tuesday as companies in the artificial intelligence (AI) industry slip. It was trading at ¥51,720, down modestly from last week’s high of ¥61,300. This stock will be in

Business
Gold price forecast: Oil and US bond yields rally ahead of FOMC

Gold price forecast: Oil and US bond yields rally ahead of FOMC

Gold price remained under pressure on Monday as investors reflected on the rising crude prices and the upcoming Federal Reserve interest rate decision. It also slipped to $4,330, down by 7.76% from its highest point

Business
WTI crude oil price forecast as Middle East risks remain elevated: can it hit $120?

WTI crude oil price forecast as Middle East risks remain elevated: can it hit $120?

WTI crude oil prices drifted lower on Friday, even as the energy market experienced a major development that could squeeze the already thinned supply. The West Texas Intermediate (WTI) dropped to $99.98 from this month’s

Business
How will private credit and equity stocks react to Fed rate hikes?

How will private credit and equity stocks react to Fed rate hikes?

Top companies in the private credit industry have pulled back over the past few days as investors reassessed their outlook on the Federal Reserve. Most have fallen into correction territory, dropping more than 10% from

Business
Here’s why the TripAdvisor stock has crashed to a record low

Here’s why the TripAdvisor stock has crashed to a record low

The situation continues to deteriorate for TripAdvisor's stock. It fell to a record low of $8.82 on Thursday, extending a downward trend that started in 2014, when shares peaked at $98.80. Most notably, the current

Business
Here’s why the Enbridge stock is in a strong downward trend

Here’s why the Enbridge stock is in a strong downward trend

Enbridge stock has suffered a sharp drop this week, falling to its lowest level since February, following some notable company announcements. Its US-listed shares have now declined for seven straight weeks and are down 16.50%

Business
USD/JPY signal: forecast ahead of US inflation data, BoJ, and Fed decisions

USD/JPY signal: forecast ahead of US inflation data, BoJ, and Fed decisions

The Japanese yen has soared in the past few weeks, and is now hovering near its highest level since February this year. The USD/JPY pair has dropped to 154.17, down sharply from the year-to-date high

Business
Lloyds share price is at risk of a reversal despite UK GDP growth

Lloyds share price is at risk of a reversal despite UK GDP growth

The Lloyds share price remains largely unchanged today, September 11, as investors weigh the stronger-than-expected UK GDP report against rising bond yields. UK yields have climbed to their highest level in years, adding pressure on