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DRAM: This ETF has a major SK Hynix, Micron Technology, and Samsung problem

The red-hot Roundhill Memory ETF (DRAM) is firing on all cylinders amid the rising demand for its constituent companies. It jumped to a record high of $62 this week, up by 120% from its all-time low. This surge, together with its robust inflows, have brought its assets under management (AUM) to $12.18 billion, making it

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Business

Why are investors rushing back into Dollar Tree stock?

Shares of Dollar Tree DLTR surged on Thursday after the discount retailer reported stronger-than-expected fiscal first-quarter earnings, raised its full-year profit outlook, and announced a new delivery partnership with DoorDash. Dollar Tree stock jumped roughly 17% during trading, putting the shares on pace for their best single-day performance in nearly four years. The rally followed

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Business

Broadcom stock flashes bullish flag and C&H pattern ahead of results

Broadcom (NASDAQ: AVGO) stock has moved sideways in the past month as the recent bullish momentum faded. This consolidation may be calm before the storm as it has formed a bullish flag pattern ahead of its quarterly earnings on June 3.  Broadcom stock has formed a giant bullish flag pattern The daily chart shows that

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Business

Virgin Galactic stock is soaring ahead of the SpaceX IPO: what next?

Virgin Galactic (NYSE: SPCE) stock price has gone parabolic this month, reaching its highest point since December last year. SPCE shares have jumped by 65% from their lowest level this year. So, will the stock continue rising as short interest jumps? Virgin Galactic has soared ahead of the SpaceX IPO The SPCE stock price has

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Business

Here’s why Tilray Brands stock has crashed: will it rebound soon?

Tilray Brands (NASDAQ: TLRY) stock price has plummeted this year, and is now hovering at its lowest level since July last year. It has plunged by 76% from its highest point last year, meaning that a $10,000 investment at its peak would be about $2,100 today.  Tilray Brands is facing major headwinds as core business

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Business

Tether-backed Oobit adds Arbitrum to simplify stablecoin merchant payments

Oobit, the global crypto payments app backed by Tether, has integrated the Arbitrum network into its payments infrastructure, expanding its push to make stablecoin spending easier at mainstream merchants. The move connects Arbitrum users with Oobit’s payment rails, allowing them to transact at more than 150 million Visa-accepting merchants across over 200 countries. For Oobit,

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Business

Salesforce stock rises ahead of earnings: what to expect?

Shares of Salesforce (CRM) gained 2% ahead of the company’s first-quarter earnings report on Wednesday afternoon. Investors are looking for signs that the software giant can stabilize growth and address mounting concerns over how artificial intelligence could reshape the enterprise software industry. The stock has fallen roughly 34% over the past year even as the

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Business

Marvell Technology stock flashes red ahead of earnings: will it drop?

Marvell Technology (NASDAQ: MRVL) stock price is in a strong bull run this year, making it one of the top gainers in Wall Street. MRVL jumped from last year’s low of $47 to $196, with its market capitalization rising from $42 billion to $171 billion. Will this rally continue rising ahead of earnings? Marvell Technology

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Business

SCHD ETF is beating S&P 500 and Nasdaq 100: does it have more upside?

The Schwab US Dividend Equity (SCHD) ETF rocketed to a record high last week, meeting our previous forecasts. It ended the week at $32.83, bringing its year-to-date gains to nearly 20%. In contrast, the S&P 500 and Nasdaq 100 indices have jumped by 9% and 17% this year. This trend may continue now that the

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Business

JEPI ETF stock is falling as the S&P 500 soars: is the 8% yield an illusion?

JPMorgan Equity Premium Income ETF (JEPI) has deviated completely from the broader US stock market. It has dropped by over 5.90% from its highest point this year, even as the S&P 500, Dow Jones, and Nasdaq 10o hover at their all-time highs. This performance is a sign that the fund’s 8% yield is a value

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