Canopy Growth stock price staged a strong comeback in the pre-market session as investors cheered the latest news on cannabis rescheduling. CGC jumped by over 35% to $1.530, pushing its market cap to over $400 million. So, will the stock’s gains hold? Canopy Growth stock jumps amid rescheduling news Canopy Growth is one of the
Broadcom stock price suffered a 5% reversal on Friday, a day after the company published strong financial results, and analysts remained optimistic about its future. AVGO dropped to $385, down from the all-time high of $412. So, it safe to buy the dip? Broadcom published strong financial results Broadcom, one of the biggest companies in
GE Vernova stock price has had a strong performance after its public market debut in March last year. It has jumped from around $100 to $625, bringing its market capitalization to over $170 billion. So, will the stock continue rising after the company boosted its dividend and guidance? GE Vernova boosted its guidance, dividends, and
The BitMine stock price has suffered a harsh reversal in the past few months as demand for crypto treasury companies waned in Wall Street and as Ethereum retreated from its all-time high. Still, fundamentals suggest that the stock will rebound, and possibly blast past $70, its highest level in October. BMNR stock has crashed from
The S&P 500 Index and its top ETFs like SPY, IVV, and VOO have done well this year as they soared by over 40% from the lowest level in April and 16% from the January level. Why the S&P 500 Index and ETFs like VOO and SPY jumped The index has jumped despite having major
The Dow Jones Index has done well this year, continuing the bull run that started in 2022 when it tumbled to a low of $28,662. It was trading at $47,560, up by 30% from its lowest level in April when Donald Trump announced his reciprocal tariffs. The Dow Jones, like the S&P 500 and the
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at least a non-committal position, is highly likely. These expectations, coupled with the overwhelming concerns of a supply glut in coming months,
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision. SNB interest rate decision ahead The USD/CHF exchange
Bitcoin and top altcoins suffered a harsh reversal today, Dec. 11, as concerns about the Federal Reserve forward guidance resumed. BTC dropped below $90,000, erasing some of the gains made earlier this week. XRP price dropped by 3.6% in the last 24 hours and by 7.8% in the previous seven days. Similarly, Solana, Dogecoin, Cardano,
Scottish Mortgage share price popped this week, reaching its highest level since November 5. SMT jumped to a high of 1,140p, up by 11% from its lowest level in November and by 46% from its lowest point in November last year. Scottish Mortgage share price is soaring amid SpaceX IPO news SMT is a large