Investing

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Investing

Ulta Beauty stock pattern points to $600 as earnings rise

Ulta Beauty stock surged by over 6% in the extended hours after the company published strong financial results, which demonstrated resilient demand in the industry. It rose to $566 from the closing price of $533, and is now about 83% from its lowest level this year. Ulta Beauty’s business is doing well  Financial results released

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Dow Jones forms risky pattern ahead of Fed, Adobe, and Oracle earnings

The Dow Jones Index held steady this week and is hovering near its all-time high as investors refocus on the upcoming Federal Reserve interest rate decision and key earnings by Adobe, Oracle, and Costco.  It was trading at $48,000, its highest level since November 13, and is slowly forming a risky pattern. Will the rally

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Here’s why the American Eagle stock price is flying today

American Eagle stock price continued its strong bull run in the extended hours after the company published strong results and boosted its guidance. AEO shares ended the session at $20.8 and then rose to $22.8 in the after-hours. So, will this surge continue? American Eagle boosted by key marketing campaigns AEO, the parent company of

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Hang Seng Index could be at risk of a crash: here’s why

The Hang Seng Index has wavered in the past few months as concerns about the Chinese economy and the housing market have remained. HSI was trading at H$25,800, down by 5.4% from its highest point this year.  Hang Seng Index pressured by trouble in the real estate sector One main reason why the Hang Seng

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PayPal stock price forecast: Is this fintech giant a buy?

PayPal stock price has been a top laggard in the past few years, with any attempts to rebound facing substantial resistance. PYPL was trading at $61.25 on Thursday, down by 35% from its highest point this year. So, is PayPal a bargain or a value trap? PayPal’s growth has stalled, and challenges are rising PayPal,

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Palantir stock price at risk of a crash as valuation concerns persist

Palantir stock price has dropped into a local bear market after falling by ~20% from its highest point this year. PLTR was trading at $167, down from the year-to-date high of $207. So, will the stock rebound amid heightened valuation concerns? Palantir growth is continuing Palantir is a top company offering services to companies and

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Lucid stock price at risk of a deeper dive as cash burn continues

Lucid stock price has crashed in the past few months as challenges in the EV industry remained. LCID was trading a $12.58, down by 65% from its highest point this year. It has been in a freefall since February 2021, a move that has brought its market cap from over $120 billion to $4 billion

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AI in finance: how machine learning is transforming trading

Trading used to be about gut feelings and reading charts. Traders sat at desks watching screens, trying to spot patterns that meant prices would go up or down. That world exists still but machines can now do what took humans years to learn, except in milliseconds. Speed matters more than people admit Algorithms process information

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Top 4 reasons why a crypto rally has ignited today

A crypto rally has ignited this week, with Bitcoin price surging above the important resistance level at $93,000 and the market capitalization of all coins rising by over $200 billion to $3.1 trillion. Some of the top cryptocurrencies like Sui, Pudgy Penguins, Virtuals Protocol, and Chainlink were among the top gainers today. Here are some

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Quant crypto price forecast as exchange supply crashes

Quant crypto price has staged a strong recovery in the past few weeks, soaring from a low of $69.12 on November 21 to $95 today. So, will the QNT token continue rising as whales buy and as the exchange reserves dip? Quant crypto price has strong fundamentals Third-party data shows that the QNT network is

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