Economy

Economy
Economy

Intuit stock is the worst performer in the Nasdaq 100 Index this year: buy the dip?

Intuit stock price has crashed this year and is now hovering at its lowest level since September 2020. INTU has plunged 62% from its July last year high, making it the top laggard in the Nasdaq 100 Index this year. Its market cap has slumped from over $215 billion to $83 billion today. Intuit stock

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Economy

Rocket Lab stock has crashed into a local bear market: will RKLB rebound?

Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market capitalization falling from over $86.8 billion to $65 billion. So, will this crash continue further or rebound? Why Rocket Lab and other space stocks have

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Economy

Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon

The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and as US bond yields jumped following last week’s strong jobs numbers. Still, there is a likelihood that the index and its ETFs like, VOO, SPY,

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Economy

Soaring Astera Labs stock faces a major valuation risk: what next?

Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346 on Monday, up by 253% from its lowest point this year, with its valuation jumping from $16.6 billion in April to $60 billion today. Still, the company faces some major risks, with

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Economy

Chainlink forecast: LINK stays below $8 despite network growth

LINK is down by less than 1% and continues to trade below $8. The coin staged a modest recovery after falling to a two-year low of $6.99 on Saturday.  While short-term sentiment remains mixed, renewed institutional demand and continued ecosystem expansion are reinforcing a constructive long-term outlook for the oracle network. Institutional inflow into Chainlink

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Economy

Oil market braces for shortages as reserves dwindle, conflict drags on

Global oil markets are facing renewed uncertainty as the conflict in the Middle East shows little sign of resolution, with Iran and Israel exchanging missile strikes and allied groups threatening to escalate.  Prices surged at the start of the week but quickly retreated, underscoring both the volatility of the situation and the market’s fragile balance.

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Economy

Commodity wrap: Oil slumps over 3% as Iran-Israel pause attacks; gold falls

Oil prices plunged more than 3% on Tuesday as Iran and Israel announced a halt in attacks, thereby easing tensions in the Middle East.  Gold prices were largely unchanged after slipping to a two-and-a-half month low in the previous session. Silver also continued its fall below $70 per ounce.  Meanwhile, copper on the London Metal

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Economy

Solana rebounds above $65, but bearish signals still dominate

Bitcoin and the broader cryptocurrency market are having a relief rally following last week’s massive dump. Bitcoin has slightly recovered and is now trading above $63,000. Meanwhile, Solana’s SOL has climbed above $65 after shedding nearly 20% over the past week. However, Solana continues to trade under pressure amid weakening institutional inflows, deteriorating derivatives positioning,

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Economy

XRP price prediction: $1 in focus after hitting 19-month low

After reaching a peak of $3.65 in July 2025, XRP has fallen about 68.5% and now trades near $1.14, a level not seen in roughly 19 months. The recent decline has accelerated, with XRP down 11.8% over the past week and nearly 18.9% over the last 30 days. The sharp selloff has shifted attention to

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Economy

FCA plans new liquidity rules for UK money market funds

The UK’s Financial Conduct Authority (FCA) said on Monday that it plans to introduce a new rule requiring all money market funds (MMFs) to hold sufficient liquidity to ensure adequate resilience during periods of market stress. In a statement, the regulator said the proposal is intended to support its objectives of maintaining financial stability and

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