Market Analysis

Bitcoin Price Tops $40K, But Correction is Not In Sight

Ford Sales Beat Estimates, Transition Strategies are Working

Bitcoin Price Rushes to $37.5k, These Two Factors…

Plug Power Stock Up 900%, Downside is Limited

Bitcoin Price Rebounds, JPMorgan Sets Price Target at…

Tesla Stock Cruises to a New Record, Analyst…

Boeing Stock Soars 50% in a Month, but it’s Still a Buy

Boeing stock continues to extend the upside momentum as investor's sentiments restored in the fundamentals of the largest passenger planemaker. The US and European authorities have lifted the ban on its flagship jet 737 Max that is grounded since early 2019.

Splunk Stock Crash 20% on Surprise Loss, Lower Revenue Outlook

Splunk stock price fell almost 20% in post-market trading as the data analytics software company missed revenue and earnings estimates for the third quarter. Lower than expected outlook for the fourth quarter added to investors’ concerns.

Bitcoin Price Fell on Profit-Taking, the Bull Case is Still Strong

After smashing an all-time high on Monday, Bitcoin price retreated amid traders profit taking strategy as the largest coin soared almost 40% in the last month alone. Despite the selloff, the market fundamentals are supporting the bull’s case considering the crypto adoption.

Salesforce Stock Fell on Slack Acquisition at Premium, Tops Q3 Consensus

Salesforce stock price has been under pressure since the office software developer hinted to buy work messaging app Slack last week. The shares extended the losses this week after Salesforce announced to buy Slack at a high premium price of $27.7 billion in cash and stock deal.

Shopify Stock Momentum is Backed by Whopping $2.3 Billion Black Friday Sales

Shopify stock price soared more than 4% in the past five days to the $1000 mark as Black Friday sales of $2.3 billion increased 75% from the past year period.

Palantir Stock Pops 200% Since Debut, Analysts Say it’s Not Selling Point

Palantir stock price is among the biggest gains in the past two months as shares of the data mining company soared more than 200% since its NYSE debut two months ago.

Tesla Stock Breaks Previous Records, Investors Bullish over EV Stocks

Tesla stock price jumped to a new all-time high of $530 as the largest electric vehicle company accelerated last week's gains by another 8%. Investors appear bullish over the future fundamentals of electric vehicles because advanced countries' are aggressively heading towards their zero-emission policy.

Nvidia Stock Steady Despite Record Gaming Demand

Nvidia stock price continues to trade in the $530 range even though the chipmaker has reported record September quarter results. The pressure on the share price has been blamed on the broader stock market uncertainty amid rising virus infections and social distancing policies.

Bitcoin Smashes Three Year High of $18K, Higher Adoption in Focus

Bitcoin price soared to the highest level in the last three years as several past events have raised investors’ confidence in the largest digital coin. Institutional investments by MicroStrategy and Square along with product integration by PayPal boosted investors’ confidence.

GameStop Stock Offers a Buying Opportunity, Bulls Say

GameStop stock price has been struggling to generate a sustainable upside momentum amid a tug of war between bulls and bears. Bulls are optimistic that the new revenue streams along with Microsoft deal would support share gains.

Tesla stock set to hit $550 after S&P stamp, analyst says

Tesla stock price reported a more than 8% increase after S&P announced to add the largest electric vehicle maker to the index. Bulls applauded the news as they have long been waiting for the S&P stamp on the electric vehicle maker.

Warren Buffett’s Berkshire Hathaway bets on pharma, slash bank stocks

The legendary investor and master of value investing Warren Buffett’s Berkshire Hathaway have added stocks of several pharma companies to its portfolio during the third quarter.