Economy

Economy
Economy

Nio stock loses a crucial support level: why September 1 will be crucial

Nio stock dropped below a crucial support level this week, reaching its lowest level since July 2025. It has dropped by 45% from its highest point last year and 38% from the year-to-date high. This crash will be in the spotlight as traders wait for its earnings on September 1. Nio stock loses key support

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Economy

Sean Peche names 4 stocks trading below their fair value

Sean Peche used a recent appearance on CNBC to lay out four holdings he considers priced below their fair value, at a moment when broad indexes keep rewarding momentum over fundamentals. The Ranmore Fund’s portfolio manager skipped the enthusiasm around Chinese robotics developer UniTree’s initial public offering, pointing instead to mispriced cash flows in sectors

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Economy

Why Nvidia stock is rebounding 2% today after a 7-day losing streak

Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker’s fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia’s longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has

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Economy

Gorilla Technology stock’s post-earnings dip is overdone: here’s why

Gorilla Technology (GRRR) shares tanked on Tuesday morning after the AI-enabled software firm reported Q2 earnings featuring a “wider-than-expected loss” that overshadowed its strong top-line performance. The company posted $0.58 a share of loss for its fiscal second quarter on $50.1 million in revenue, compared to the consensus set at $0.04 per share and $38.7

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Economy

Bitcoin trades above $78k, bulls eye $80k as liquidity and ETF demand fuel rally

Bitcoin BTC trades above $78,600 on Monday, rising approximately 2% over the previous 24 hours and extending last week’s 20% rally. The weekly rally was Bitcoin’s strongest performance in more than two years and pushed the cryptocurrency to an intraday high near $79,460. Improving liquidity expectations, stronger institutional demand, a more favorable regulatory outlook and

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Economy

WBT’s new record puts its tokenomics under the spotlight

WhiteBIT Coin (WBT) is trading around $72.7 after setting a new all-time high, extending a run that has taken the token beyond its previous $64.11 peak from December 2025. The move comes shortly after WBT marked four years since launch, giving the latest price milestone some useful context. The token has gained 28.3% over the

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Economy

Why Nvidia stock is slipping over 2% on Monday

Nvidia (NVDA) shares fell around 2.6% to around $209 in early Monday trading as the chipmaker began its earnings week under pressure from a broader decline in technology and semiconductor stocks. The S&P 500 fell 0.2%, while the Nasdaq Composite lost 0.5%. The Dow Jones Industrial Average was up 32 points, or 0.1%. Chip stocks

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Economy

JPMorgan warns of a downturn ahead and AI stocks may be to blame

Wall Street’s major benchmarks are still holding near recent highs, but the rally’s foundation looks less secure than the headline numbers suggest. A multi-week pullback has interrupted a string of weekly advances, and JPMorgan Chase & Co. sees the retreat as more than a routine pause. In a note from technical strategist Jason Hunter, the

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Economy

Marvell Technology stock analysis and earnings preview: will it rise or crash?

Marvell Technology stock peaked at $252 last week after announcing a major $12 billion deal with Google. It then pulled back to $230 as investors sold the news and waited for the upcoming earnings report, which will provide more information about its business. So, is MRVL a good buy or sell ahead of earnings? Marvell

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Economy

Nucor, Steel Dynamics, Cleveland-Cliffs stocks rise as US-Canada trade talks fail

Shares of major US steel and aluminum producers rose Monday as investors reassessed the implications of the breakdown in US-Canada trade negotiations. Nucor NUE gained about 4%, while Steel Dynamics also rose roughly 4%. Cleveland-Cliffs climbed about 7% and Century Aluminum advanced around 5%. The gains came after the stocks fell sharply last week on

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