Investing

Investing
Investing

VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal

The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level since June 11. There is a risk that the recent stock market rally is about to take a breather.  S&P 500 Index has fallen despite some major good news The S&P 500

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Investing

Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?

Figma’s stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly traded company. FIG dropped to $16 on Thursday, down sharply from the all-time high of $142. Private valuation and public reality Figma is one of

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Investing

Soaring Western Digital stock faces some major risks: is a reversal coming?

Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960% in the last 12 months, bringing its market capitalization to over $221 billion. While this rally may continue after the Micron earnings, WDC faces some

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Investing

What’s the point of investing in Cathie Wood’s ARKK ETF anyway?

Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68 and $82.35 since April. It has risen by 9% in the last 12 months, while the Nasdaq 100 Index has soared by 28%.  ARKK has

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Investing

DRAM ETF stock forms a bearish divergence as key risks remain

The Roundhill Memory ETF (DRAM) stock price dropped sharply this week as investors waited for the financial results of one of its biggest constituent companies. It also reacted to a new report about SK Hynix, the second-biggest company in South Korea. It was trading at $70 on Wednesday, a few points above this week’s low

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Investing

Zeta Global stock soared after the Palantir deal: Is it a good buy today?

Zeta Global stock price jumped on Tuesday after the company intensified its pivot towards artificial intelligence (AI) by partnering with Palantir Technologies. It jumped to $20.50, and then pared back some of those gains to close at $19.50. So, will this partnership boost ZETA shares in the near future? Zeta Global inks key partnership with

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Investing

Elon Musk’s net worth plunges $300B as SpaceX stock crashes

SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public offering (IPO) on record. SPCX tumbled to $154, down sharply from its all-time high of $225.80. As a result, Elon Musk’s net worth has tumbled by $300 billion, and he may soon lose his trillionaire status. Elon

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Investing

Nio stock is falling despite strong revenue growth: now what?

Nio stock price dropped to a crucial support level this week as investors continued selling Chinese electric vehicle shares. It was trading at $5.05, and may be at risk of further downside after forming a risky chart pattern despite its strong revenue and delivery growth. Nio stock price technicals point to more downside The weekly

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Investing

Western Digital, Seagate, Sandisk stocks are bracing for a major Micron event

Sandisk, Western Digital, and Seagate stocks have been in a strong rally this year and are the top gainers in the S&P 500 and Nasdaq 100 indices. SNDK jumped by 800% this year, while Western Digital, Micron, and Seagate have soared by 320%, 285%, and 280%, respectively.  Sandisk, Western Digital, and Seagate face a major

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Investing

Nio, XPeng, Li Auto, BYD, Polestar: Why are China EV stocks tumbling?

China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its May high, and is hovering at its lowest level since March 9.  Xpeng stock has tumbled to $13.21 in New York, down 53% from its

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