Bitcoin price rose and crossed the important resistance level of $65,000 as ETF inflows accelerated and as the Crypto Fear and Greed Index exited the fear zone. BTC was trading at $66,267 on Wednesday, up by nearly 15% from the lowest level this year. Bitcoin ETF inflows are soaring American investors continued buying Bitcoin ETFs
Investors have largely shifted their attention away from the Magnificent 7 companies as enthusiasm has moved toward semiconductor stocks and the broader artificial intelligence trade. The Roundhill Magnificent 7 ETF (MAGS) has gained just 0.68% this year, significantly underperforming the S&P 500 and Nasdaq 100 indices. With earnings from the biggest names in technology approaching,
Monday.com stock has crashed this year, mirroring the performance of other software companies. It has dropped by 51% this year and 44% in the last six months. This retreat continued today, July 22, when it announced that it would lay off 20% of its employees as it embraced AI in its operations. Monday.com stock has
Brent crude oil price has struggled to break above the key resistance level at $90, even as geopolitical tensions in the Middle East continue to escalate. It was trading at $88.50 on Tuesday, a few dollars below its intraday high on Monday. This raises an important question: Is the oil market becoming too complacent about
Aston Martin Lagonda’s share price remains under pressure this week, hovering at its lowest level since March. AML shares have plunged 44% this year and are down 94% over the past five years. The stock’s decline could continue as the company grapples with persistent losses and mounting pressure on its balance sheet. Aston Martin Lagonda
BlackBerry stock price has pulled back in the past two weeks in New York and Toronto. It dropped to $8.83 on Monday, down by 35% from its highest point this year. Even so, it is one of the best-performing stocks as it jumped by over 130% this year as investors cheer its turnaround and its
Celestica stock has moved into a bear market, mirroring the performance of other artificial intelligence (AI) companies. CLS dropped to $307 in New York, down by over 35% from its highest level this year. This retreat will be put to the test when the company publishes its financial results next week. Celestica stock in focus
BitMine’s stock price has rebounded over the past few days, hovering near its highest level in more than a month. BMNR has surged 32% from its year-to-date low, with the recovery gaining momentum as investors anticipate the company’s transition from a cash-burning business into a potential free cash flow machine. BitMine has continued to accumulate
The Schwab US Dividend Equity ETF (SCHD) has reached a major milestone this year, driven by robust investor inflows and solid market performance. The fund recently surpassed $100 billion in assets under management (AUM), making it the second-largest dividend ETF behind the Vanguard Dividend Appreciation ETF (VIG). With SCHD hitting this landmark, is it still
The Nikkei 225 Index continued its freefall as technology companies like SoftBank, Tokyo Electron, Kioxia, and Advantest plunged ahead of the upcoming big-tech earnings. It plunged by over 4% on Friday, reaching its lowest level since June 11, with the markets being closed today for Marine Day. Japan stocks plunge as US-Iran war escalates The