Economy

Economy
Economy

Can Shiba Inu coin price extend its rally as 1T tokens leave exchanges?

Shiba Inu coin price has pulled back after one of its strongest rallies in recent months, but on-chain data suggests investors are still positioning for another move higher. The meme coin recently climbed above $0.0000050 before encountering profit-taking, while a wave of token withdrawals from centralized exchanges has drawn fresh attention to its near-term outlook.

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Economy

General Motors stock rises 3%: why the stock is a top pick for this analyst

General Motors GM shares rose about 3% on Monday after Jefferies upgraded the automaker to Buy from Hold and raised its price target to $99 from $90, citing growing confidence in the company’s long-term earnings and cash flow prospects. The brokerage increased its earnings estimates for 2026 through 2028 by about 6% after GM’s second-quarter

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Economy

Tesla stock falls as post-earnings selloff continues

Tesla TSLA shares extended their decline on Monday despite broader market optimism following easing tensions between the United States and Iran. The electric vehicle maker’s stock traded as high as $317 before falling to around $307.58 in trading, down about 1.74%. The decline came even as Wall Street showed signs of recovery, with the Dow

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Economy

Evening digest: CXMT debuts with 465% surge, Nvidia eyes OpenAI deal

China’s memory-chip maker CXMT made a blockbuster stock market debut with shares surging 465%, while Nvidia remained in focus amid reports of a potential financing role in OpenAI’s data center expansion. US President Donald Trump said the United States and Iran were engaged in talks to end the conflict despite continued regional tensions, and gold

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Economy

Options data reveals how MSFT stock may react to earnings on July 29

Microsoft (MSFT) shares are inching higher heading into the giant’s fiscal Q4 earnings scheduled to be released after market close on Wednesday, July 29th. Wall Street has set a high bar for MSFT, with consensus estimates set at $87.42 billion for revenue, representing a 14.4% year-on-year increase – and $4.21 per share for earnings, reflecting

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Economy

Dow rises as S&P 500 edges higher, chip stocks remain under pressure

The Dow Jones Industrial Average and the S&P 500 ended higher on Monday, while the Nasdaq Composite closed lower as weakness in semiconductor stocks offset gains in other sectors ahead of a pivotal week for corporate earnings, inflation data and the Federal Reserve’s interest rate decision. The Dow gained 262.83 points, or 0.51%, to close

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Economy

Bloom Energy stock rises ahead of earnings: will the gains hold?

Bloom Energy stock rose by over 5% in the premarket session as investors bought the dip ahead of the upcoming financial results on July 28. It rose to $194.5, up modestly from Friday’s low of $184. Even so, the stock remains nearly 50% below the highest point this year. So, will it rebound or continue

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Economy

Could SpaceX stock fall to $100? Morgan Stanley says it means a zero AI valuation

SpaceX SPCX is set to report its first quarterly earnings as a publicly listed company on August 4, but investors are increasingly focused on another event that could have an even bigger impact on its share price. Two business days after the earnings release, the company’s first lock-up period will expire, allowing pre-IPO investors to

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Economy

DRAM ETF braces for key Samsung, SK Hynix, Kioxia, Seagate earnings

The Roundhill Memory ETF (DRAM) is bracing for a pivotal week that could make or break its performance. DRAM has already plunged by over 31% from its highest point this year, and key earnings this week will determine its trajectory. Key DRAM ETF companies will publish their earnings Top companies in the DRAM ETF will

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Economy

Dow jumps 600 points as US-Iran pause lifts stocks ahead of Fed decision

US stocks opened higher on Monday as easing tensions between the United States and Iran boosted investor sentiment, while a sharp decline in oil prices lifted travel-related stocks ahead of a crucial week featuring major technology earnings, key inflation data and the Federal Reserve’s interest rate decision. The Dow Jones Industrial Average climbed about 602

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