Stock Market Analysis

Stock market analysis

Shopify Stock Could Hit $1300 Mark, Goldman Sachs Predicts

European Stock Markets: Second Coronavirus Wave Impacts Sentiments

Salesforce Stock Offers a Buying Opportunity

European Stocks are in Red as Interest Rate…

Apple Stock has 25% Upside, Jefferies says

European Stock Market Rally Fades as Fed Left…

Snowflake Share Price Soared 112% on First Trading Day, Here’s Why

Snowflake share price skyrocketed after pricing initial public offerings around $120. Its business model of running the data warehouse software company has gained retail and prominent investors’ confidence.

US Dollar Slump on Investors Move Towards Riskier Currencies

The US dollar fell back this week after generating some gains last week as investors sentiments soared about the risker currencies amid hopes for economic recovery and coronavirus vaccine. The trader's concerns about the downbeat Federal Reserve’s stance also negatively impacted the dollar value this week.

European Stocks Set to Climb for Fourth Straight Day on Economic Data

European stocks have generated gains in the last three consecutive trading sessions as stronger than expected economic data has been optimizing investor's sentiments. The stock futures are in green for the fourth straight day on Wednesday despite the scheduled FOMC meeting.

Zoom Stock Bounced Back, Analysts Say More Gains are Ahead

Zoom stock price regained momentum after plunging sharply at the beginning of the year due to the broader market tech selloff. After hitting $350, the shares of the video calling company bounced back above $400.

European Stocks Extends Gains into New Week; Here’s What to Expect

European stocks are in green after posting their largest weekly gains since early last month as STOXX Europe 600 Index jumped 1.67% last week. Easing social distancing policies along with robust economic data has been adding to investor's sentiments.

Oracle Stock Could Fly Higher on TikTok Deal

Oracle stock price is likely to get a new bullish price target from market analysts as the software company is all set to acquire TikTok US operations. Reports show that TikTok has rejected Microsoft offer, announced to partner with Oracle for US operations.

European Stocks Plunge Despite ECB's Higher Economic Forecasts

European stocks are in doldrums as the stocks are swing between gains and losses. The shares are struggling to sustain the upside momentum as the markets are significantly responsive to economic reports.

Disney Stock Could Hit $160 Level, Analyst Says

Disney stock price gained some momentum in the past couple of months but the shares of the entertainment company are still well below from an all-time high of $153. Disney stock price had hit $70 level in April as the coronavirus pandemic has forced the company to close its parks, resorts, and hotels.

European Stocks are Higher Amid Wall Street Rebound

European stocks bounced back after generating back to back losses in the past couple of sessions due to the tech sector selloff. The rally is initially prompted by oil and drug companies while the US tech sector rebound accelerated the gains in the afternoon session.

Spotify Stock: Credit Suisse Expect 29% Upside

Spotify stock price soared more than 60% since the beginning of this year as lockdowns and social distancing policies have substantially increased active users and streaming time. However, the shares of the streaming and podcast company came under pressure after the company missed analyst's revenue and earnings estimate for the second quarter.

European Stocks Tumble as Wall Street Fell into Correction

European stocks plunged sharply on Tuesday as losses from Wall Street are weighing on investor's sentiments. The tech-heavy Nasdaq index plunged more than 4% on Tuesday with the largest single-day losses from big stocks like Apple, Amazon, and Facebook. Shares of Tesla plunged at a double-digit rate on Tuesday.

Slack Stock Plunged 18% on Earnings Announcement

Slack stock price lost 18% of value in post-market trading despite topping revenue and earnings estimates for the second quarter. The selloff is prompted by the second quarter calculated billings that came in at $218.2 million compared to the $226.3 million consensus estimate. The broader tech sector selloff has contributed to the Slack stock price plunge.