KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?
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…
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Category: Investing
SoFi stock warning: stablecoin faces major scaling headwinds
SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April…
Here’s why the SMCI stock price is nearing a golden cross
The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25,…
Here’s why Brent crude oil price may drop below $60 soon
Brent crude oil price retreated for three consecutive days, reaching its lowest level since April 7 this year. It has plunged from a high of $114 on May 4 to…
Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom
The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by…
Here’s why the Kospi Index rally has taken a breather today
The Kospi Index pulled back by over 1% on Thursday as the recent bull run took a breather, following the South Korean central bank’s interest rate decision. It retreated to…
Crude oil price on edge as the US launches another attack against Iranian targets
Crude oil price rose slightly as concerns about the US-Iranian truce rose following the latest strikes against Iranian targets. Brent, the global benchmark, was trading at $93.85, while the West…
Here’s why the crypto market is crashing today
The cryptocurrency market is under heavy pressure, with major digital assets trading sharply lower. Bitcoin (BTC) fell below the key $73,000 support level, while Ethereum dropped under $2,000 as selling…
Here’s why the XRP price is in a deep dive today
XRP price crashed below a crucial support level today, May 28, as liquidations in the crypto industry. It also plunged amid the ongoing US-Iran tensions, and as investors rotated to…