Investing

Investing
Investing

What next for the Zimbabwe ZiG currency after the new announcements?

The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has remained this year. Zimbabwe pledges not to abandon the US dollar  The Zimbabwe ZiG currency was unchanged after President Mnangagwa announced that

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Investing

USD/CHF forecast as odds of negative Swiss interest rates rise

The USD/CHF exchange rate has remained in a narrow range in the past few months as investors watched trade relations between Switzerland and the United States. It has remained inside the support of 0.7865 and the resistance at 0.8152. So, what’s next for the Swiss franc? Franc steady after the US and Switzerland deal  The

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Investing

Flutter share price at risk of steep crash amid new tax woes

The Flutter Entertainment share price is having a bad year, a situation that may worsen after the latest UK budget by Rachel Reeves. Its UK shares were trading at 15,125p on Thursday, down by 35% from the year-to-date high. Flutter Entertainment faces a £500 million headwind Flutter, the parent company of Fanduel, Sky Betting, Paddy

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Investing

Top reasons Tilray stock price has more downside to go

Tilray stock price has attempted to rebound this week as it rose in the last three consecutive days. It rose to a high of $1.03 in New York, up from this month’s low of $0.8740. This article explores some of the top reasons why the TLRY shares have more downside. Tilray stock is at risk

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Investing

CoreWeave stock at risk after the $52B wipeout as insiders sell

CoreWeave stock price has been in a strong downtrend in the past few months, leading to a $52 billion wipeout as its market cap dropped from $88 billion in June to $35 billion. It has dropped from the year-to-date high of $187.16 to $71.30. So, will it rebound as insiders sell? CoreWeave stock at risk

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Investing

Here’s why the Blue Owl stock price may fall to $10 soon

Blue Owl stock price has been in a freefall and is lagging other top companies in the industry like Apollo, Blackstone, and Ares. OWL has plunged from the year-to-date high of $25.52 to $14.45, while its market cap has dropped from $40 billion to $22 billion today.  Blue Owl stock is facing major headwinds Blue

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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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