GameStop stock surge driven by ‘Roaring Kitty’ results in $1-B losses for GME short sellers
The surge in GameStop’s (GME) stock during Monday’s premarket session, driven by “Roaring Kitty” (Keith Gill), has led to significant financial repercussions for short sellers. According to Ortex, short sellers…
Has NXP Semiconductors’ stock hit a ceiling after the recent all-time high?
NXP Semiconductors (NASDAQ:NXPI) recently hit an all-time high of $282.22 on May 28th, marking a significant milestone for the company. However, the stock has since retraced, prompting chatter amongst investors…
After missing Q1 user addition estimates, Spotify raises Premium prices in US
Spotify Technology S.A. announced on Monday that it will be increasing the prices of its Premium subscriptions in the United States starting in July. The company cited the need to…
Warner Bros. Discovery’s stock: Long-term downtrend finally over?
Shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) have seen a long-term downtrend since its formation from WarnerMedia’s spin-off by AT&T and merger with Discovery, Inc. The stock plummeted from $24…
Bitcoin’s consolidation over the weekend brings us to $69300
Bitcoin’s consolidation over the weekend brings us to $69300 On Friday evening, Bitcoin price retreated to the $66624 support level. Bitcoin chart analysis On Friday evening, Bitcoin price retreated to…
Gold and Silver: Gold drops below $2320 this morning
Gold and Silver: Gold drops below $2320 this morning Gold prices continued to slide during this morning’s Asian trading session. During this morning’s Asian trading session, the price of silver…
Oil and natural gas: Oil slides to $76.39 this morning
Oil and natural gas: Oil slides to $76.39 this morning During the Asian session, the oil price fell to $76.39, forming a new seven-day low. At the end of this…
EURUSD and GBPUSD: GBPUSD returns to 1.27250 and EMA200
EURUSD and GBPUSD: GBPUSD returns to 1.27250 and EMA200 During this morning’s Asian trading session, EURUSD moved in the 1.08480-1.08600 range. In this morning’s Asian session, GBPUSD encountered resistance at…
Trump joins TikTok, the app he once tried to ban as president
Former President Trump has joined TikTok, the embattled Chinese-owned social media platform that he once tried to ban during his years in the White House. The presumptive Republican presidential nominee’s…