Investing

The Japanese yen continued its freefall after Japan approved a bigger-than-expected stimulus and after a report showed that inflation remained stubbornly high in October. The USD/JPY exchange rate was trading at 157.18, a few points below this week’s high of 157.73. Japan passes a big stimulus package  The USD/JPY exchange rate has been in a

Ocado share price continued its painful crash this week as it plunged to its lowest level since 2013. It has plunged from the pandemic high of 2,910p to the current 187p as setbacks accelerated. So, is it safe to buy the dip in this fallen angel? Ocado in trouble amid Kroger woes Ocado, a top

The global stock market is going down today, Nov. 21, mirroring the performance of American shares on Thursday.  In Europe, the German DAX, French CAC 40, and the British FTSE 100 fell by over 0.60%. The closely-watched Stoxx 50 Index dropped by over 1%, with most of its constituent companies being in the red. The

PayPoint share price suffered a big reversal after forming a triple-top pattern on the weekly chart and after publishing relatively weak financial results. PAY plunged by over 20% in its worst day in years. It moved to a low of 512p, its lowest point since June last year. PayPoint share price crashed after forming a

Walmart stock price popped by over 6.5% on Thursday as investors reacted to its strong earnings report. WMT jumped to $107, its highest level since October 25, and a few points below the all-time high of $110.  Walmart’s business is booming  Walmart, the biggest retailer in the United States, announced strong financial results, helped by

The US stock market is on edge today as investors focus on Thursday’s crash following the strong Nvidia earnings. Futures tied to the Dow Jones rose by 0.40%, while those linked to the Nasdaq 100 and S&P 500 indices barely moved.  US stock market attempts to rebuild  The US stock market is under intense pressure

The Nikkei 225 Index bounced back above the resistance level at ¥50,000 for the first time this week as global equities soared after the recent Nvidia earnings and after the Japanese yen crash accelerated. It also jumped as investors reacted to the new stimulus deal. It has jumped by 60% from the year-to-date low of

The Japanese yen continued its recent crash on Thursday as its run as one of the worst-performing currencies accelerated. The USD/JPY exchange rate jumped to a high of 158, up by over 12% from its lowest level in April this year. It has jumped to its highest level since January last year. Japanese yen crashes

Bitcoin price remained under pressure on Thursday as investors remained in the sidelines amid elevated fear. BTC was trading at $91,940, down sharply from the year-to-date high of $126,300. This article explores some of the top reasons why the coin may rebound soon. Bitcoin price to rebound as Crypto Fear and Greed Index slumps One

Top semiconductor ETFs like the Direxion Daily Semiconductor Bull 3x Shares (SOXL), VanEck Semiconductor (SMH), and iShares Semiconductor (SOXX) rebounded in the extended hours after the strong Nvidia earnings and guidance.  SOXL jumped by over 8% in extended hours, while SMH and SOXX rose by 2.8% and 2.70%, respectively. This article explores why these funds