Economy

Economy
Economy

Affirm stock forms a bullish setup as BoFA hints at a surge ahead

Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was trading at $65.45 on Tuesday, inside the narrow range where it has remained at since April 17 this year. Still, the AFRM stock has formed a highly bullish pattern as Bank of

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Economy

Aluminium recyclers warn of EU ETS hit, copper nears record highs

European aluminium producers are bracing for a sharp rise in costs as the European Union prepares to overhaul its Emissions Trading System (EU ETS).  The reform, designed to give companies more time to decarbonise, includes changes to benchmark values that determine the free allocation of carbon allowances.   According to Norman Liebke, FX and commodity analyst

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Economy

Wendy’s stock jumps 13% as Nelson Peltz eyes potential take-private bid

Nelson Peltz’s activist investment firm Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, according to a Financial Times report citing people familiar with the matter. Shares of Wendy’s (WEN) surged on Tuesday following the report, climbing as much as 14% to $7.75. The stock had closed

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Economy

Nasdaq 100 Index RSI hits a level that triggered a 16% crash last time

The Nasdaq 100 Index continued its strong bull run this month, reaching its highest point on record. It was trading at an all-time high of $29,235, up by over 15% this year. This rally will be put to the test as the index has become the most overbought since June 2024.  Nasdaq 100 Index has

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Economy

Circle stock forecast: Revenue growth picks up pace as Arc raises $222M

Circle Internet stock jumped by over 4% in the premarket session after publishing an encouraging first-quarter earnings report, which demonstrated strong revenue growth. CRCL jumped to the important resistance level at $120, up sharply from the year-to-date low of $50. Circle stock jumps as revenue growth continued CRCL stock price has been in a tight

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Economy

Dow slips 56 points as Iran tensions lift oil prices, hit airlines

Wall Street’s main indexes opened muted on Monday after a record-setting rally last week, as renewed concerns over stalled US-Iran negotiations pushed oil prices higher and weighed on investor sentiment. The Dow Jones Industrial Average slipped 56 points, or 0.11%, while the S&P 500 and the Nasdaq Composite also edged down 0.02% and 0.17%, respectively.

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Economy

Micron stock is extremely cheap despite the ongoing bull run: is it a buy?

Micron stock price continued firing in all cylinders today, May 11, as demand for its products soared. MU jumped by over 6% to $790, continuing an uptrend that started in April last year when it bottomed at $64. Still, despite the surge, there are signs that the company is still a bargain. Micron stock is

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Economy

ING sees gold near $5,000/oz by year‑end despite current weakness

Gold has fallen about 12% since the Iran conflict began, defying its traditional safe‑haven role.  ING strategist Ewa Manthey says the sell‑off reflects macro headwinds from higher oil prices, stronger yields, and a firmer dollar, but forecasts prices could still rise to $5,000 per ounce by year‑end. Source: ING Research Gold’s counterintuitive decline Gold is

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Economy

Nvidia owns the AI story, so why is AMD beating it on returns?

At the start of 2026, most investors would have confidently picked Nvidia stock as most likely to lead the market. Jensen Huang still owns the AI stage, Nvidia (NASDAQ: NVDA) remains the default name in data-center spend, and the company has been expanding its CPU ambitions with Meta while touting a $1 trillion AI-chip opportunity

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Economy

Analysts see 200%+ upside in these 3 high-risk stocks: here’s why?

Some of Wall Street’s biggest upside calls are not sitting in the mega-cap names. They are hiding in small, volatile stocks with thin balance sheets, limited operating history and one big event ahead. That is what makes them interesting, as in each case, the investment thesis comes down to a binary trigger: a trial result,

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