Investing

Investing
Investing

Here’s why the Novo Nordisk stock has crashed by 70%

Novo Nordisk stock price has suffered a harsh reversal this year as the company’s woes have escalated. It plunged to a low of DKK 267.50 on Monday, down by over 70% from its highest point in 2024, with its market cap falling to DKK 4.64 trillion to DKK 1.24 trillion today.  Why Novo Nordisk stock

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Investing

Carnival share price hits turbulence: is it a good value stock to buy?

Carnival share price suffered a harsh reversal this week, falling to the lowest level since June 24. It has dived by 24.35% from its highest point this year, erasing billions of dollars in value as its market capitalization dropped from the year-to-date high of $42.3 billion in September to $32 billion today. The ongoing Carnival

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Investing

DXY Index forecast: here’s why US Dollar is set for more gains

The US Dollar Index (DXY) continued its strong rebound this month and is now hovering near its highest point since May 29. It has jumped by over 4% from the year-to-date low and technicals suggest that it has more upside. US Dollar Index technical analysis The daily timeframe chart shows that the DXY Index has

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Investing

Plug Power stock price has crashed: is it a bargain or a value trap?

Plug Power stock price has been in a strong freefall in the past few months, moving from a high of $4.57 in October to the current $1.98. Its market cap has dropped from the year-to-date high of $4.9 billion to the current $2.76 billion.  Why PLUG stock has crashed Plug Power stock price has been

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Investing

Here’s why South Korea’s KOSPI Index may retreat soon

South Korea’s KOSPI Index has been in a strong uptrend this year, helped by the country’s president’s commitment to push it to KRW 5,000 earlier this year. It jumped to a record high of KRW 4,244, up by 86% from its lowest level this year. This rally could be about to end after the index

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Investing

Top crypto to watch this week: Monad, Pi Network, XRP

The crypto market remained under pressure last week as Bitcoin and top tokens retreated, erasing billions of dollars in value. Bitcoin moved to $80,000, while the market cap of all tokens dropped by over $2.86 trillion. This article explores some of the top cryptocurrencies to watch this week, including Monad (MON), Pi Network, and XRP.

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Investing

Oracle stock price comes back to earth: is ORCL a buy now?

Oracle stock price has suffered a major reversal as concerns about the artificial intelligence (AI) and its soaring debt remain. ORCL dropped to a low of $198, down by over 36% from its highest point this year. Its market cap has dropped from over $967 billion to $530 billion.  Oracle stock has crashed amid debt

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Investing

Walmart stock price analysis after its earnings report: buy or sell?

Walmart stock price popped by over 6.5% on Thursday as investors reacted to its strong earnings report. WMT jumped to $107, its highest level since October 25, and a few points below the all-time high of $110.  Walmart’s business is booming  Walmart, the biggest retailer in the United States, announced strong financial results, helped by

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Investing

Top news to drive the US stock market today

The US stock market is on edge today as investors focus on Thursday’s crash following the strong Nvidia earnings. Futures tied to the Dow Jones rose by 0.40%, while those linked to the Nasdaq 100 and S&P 500 indices barely moved.  US stock market attempts to rebuild  The US stock market is under intense pressure

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Investing

Is the Carvana stock at risk as auto delinquencies jump?

Carvana stock price has pulled back in the past few months as investors worry about the rising delinquencies in the auto loan industry. It also slipped after its earnings missed what analysts were expecting. CVNA was trading at $330, down by 20% from its highest point this year.  Still, Carvana’s stock is doing much better

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