Copper price continues to move in tandem with the current supply/demand dynamics. While supply tightness has offered it steady support in recent weeks, signs of slowing demand have curbed its upside potential. In the new week, the Comex copper price is set to react to the release of crucial economic data from the two top
The S&P 500 Index and VOO ETF dropped sharply on Friday as investors reacted to the latest earnings by top companies like Broadcast and Oracle, which sent jitters on the booming artificial intelligence (AI) industry. The index pulled back to $6,625, down from the year-to-date high of $6,922. This article explores some of the top
The Nasdaq 100 Index and its top ETFs like QQQ, QQQM, and JEPQ suffered a harsh reversal last week as jitters on the ongoing artificial intelligence (AI) boom continued. It dropped to a low of $25,195, down sharply from the year-to-date high of $26,143. This article explores some of the top catalysts for the index
Micron stock price tanked in the past few days, erasing some of the gains made earlier this month, as investors reacted to the recent Oracle and Broadcom earnings. It dropped to a low of $240, down sharply from the year-to-date high of $264.46. It remains up by 152% from where it started the year. Micron
The Nvidia stock price has crashed in the past few weeks as investors remain concerned about the artificial intelligence industry after last week’s Oracle and Broadcom earnings. NVDA dropped to $175, down sharply from the year-to-date high of $211, meaning it has erased over $750 billion in value. Why the Nvidia stock price has crashed
Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue to weigh on the market. Brent oil edged lower to find support at the crucial support level of $60 as at the time of writing. At the same time, WTI oil price declined to
A crypto crash is happening today, with Bitcoin and top altcoins like Dogecoin (DOGE), Pi Network (PI), Cardano (ADA), Aster (ASTER), and Ondo (ONDO) falling by over 5%. The market cap of all tokens dropped by over 4% in the last 24 hours to $2.93 trillion. This article explores why the crypto market crash is
Ford stock price held steady at its highest since 2022 after the company admitted that its electric vehicle bet had backfired. It was trading at $13.65, up by nearly 70% from its lowest level in April this year, bringing its market capitalization to over $54 billion. Ford’s EV bet has backfired There are signs that
The Nikkei 225 Index dropped by 1.30% on Monday as traders waited for the upcoming Bank of Japan (BoJ) interest rate decision. It also dropped as Japan tech companies dropped amid AI jitters and as bond yields rose. It was trading at ¥50,207, down from the year-to-date high of ¥52,635. Nikkei 225 Index slips as
The XRP price remained in a deep bear market after falling sharply from the year-to-date high of $3.6500 to the current $2.0. This crash has pushed its market cap to $120 billion from the year-to-date high of nearly $200 billion. So, will the Ripple price rebound or continue the downward trajectory? XRP price technical analysis