The Japanese yen continued its downward spiral today as the US dollar rally gained steam, overriding predictions that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April. US to
Sandisk stock price continued its bull run this week, reaching its all-time high amid the ongoing AI boom. SNDK has already jumped by over 600% this year and by over 4,000% in the last 12 months. While this rally may continue, there are substantial risks that it will suffer a strong reversal over time. Sandisk
The crypto market is crashing today, with Bitcoin and most altcoins remaining in a bear market. After rising to $82,000 in May, Bitcoin price crashed to $66,000 on Wednesday. Ethereum remains below $2,000, while the market capitalization of all tokens fell by 4.2% to $2.3 trillion. This article explores the top reasons behind the crypto
XRP price made a strong bearish breakout today, June 3, continuing a downtrend that started on May 14 when it peaked at $1.5486. It dropped below a crucial support level and reached its lowest point since February this year. It has now plunged by over 66% from its highest point last year. XRP price has
Marvell Technology stock price has gone parabolic and moved to a record high, helped by the ongoing artificial intelligence boom and demand for custom chips. MRVL jumped to $225, up by 370% from its lowest point in April last year. So, will the surge continue as Jensen Huang predicts it will be the next $1
Planet Labs (NYSE: PL) stock has been firing on all cylinders and has continued to beat most companies in the space industry. It has jumped by 695% in the last 12 months and by 135% this year. In contrast, the Procure Space ETF (UFO) has soared by 51% this year and 150% in the last
Virgin Galactic (NASDAQ: SPCE) stock has gone parabolic, reaching its highest point since June 2024 as investors piled into space-related companies. SPCE jumped to $8.85, up by over 300% from its lowest point this year, with its market capitalization soaring to nearly $700 million. Why the Virgin Galactic stock is soaring Richard Branson’s Virgin Galactic
Nio (NYSE: NIO) stock price jumped on Monday, continuing a recovery that started late last month when it bottomed at $5.10. It jumped to a high of $6, its highest point since May 15 this year, helped by its strong vehicle delivery numbers. Nio’s deliveries are soaring Nio Inc., one of China’s biggest electric vehicle
The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the last 12 months. So, the question is whether the blue-chip index will continue the bull
The S&P 500 Index is having a strong performance this year as it continues to reach new all-time highs each day. It soared to a record high of $7,580 last week, up by 20% from its lowest point this year, meaning that it is now in a bull market. Wall Street analysts are bullish on