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Uber's stock market journey has been a rollercoaster of highs and lows over four and a half years. The stock reached a high of $64 in February 2021 but plummeted to $13 by March 2020. During a challenging period from February 2021 to June 2022, the stock saw a 68% decline but found crucial support at $20. In January 2023, it crossed the significant daily 200...

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Netflix's stock in 2021 has been a rollercoaster, starting with a strong 62% rise by July, nearing the $500 mark, before experiencing a sharp downturn. The stock fell below the crucial 200-day moving average to around $370, marking a significant 28% drop, but found some support at the weekly 50-day average near $350. The Q3 earnings report was a turning point,...

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The US dollar is demonstrating notable resilience, bouncing back from key support levels and hinting at a possible upward trend, amid expectations that the Federal Reserve may pause on raising interest rates. This outlook is partly due to October's weaker-than-expected job growth, which could influence the Fed's rate decisions as it aims to balance employment with...

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Apple Inc. has managed to carve out a silver lining in its latest financial performance, with iPhone sales witnessing a 2.8% increase despite a general downturn in hardware sales. This growth stands in stark contrast to the significant declines in Mac and iPad sales, with Mac sales plummeting by nearly 34% over the year, highlighting the fierce competition and...

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Mastercard's stock experienced a 5% drop following its latest earnings report, despite surpassing expected earnings. Analysts had predicted earnings of $3.21 per share for Q3, but the actual figure was $3.39. This outperformance, however, did not translate into positive market sentiment, as the stock price fell after the market opened on October 28th. This...

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Apple's foray into the payment industry is impacting PayPal's stock price, causing concern among investors. Analysts are closely monitoring PayPal's third-quarter earnings report to assess the company's current standing and future prospects. Despite projected earnings of $1.16 per share, PayPal's stock has been struggling, experiencing a 32% drop since the...

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The global markets often react to geopolitical events, and the rising Middle East conflict is a prime example, drawing investors' attention worldwide. This tension has amplified the demand for gold, a traditionally secure investment. The ongoing Israel-Hamas conflict underscores gold's safe-haven status. Gold prices have surged by 9% since October 6th. Looking...

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Netflix's stock surged 16% due to a 70% spike in subscribers for its new ad-supported tier, adding over 8 million users. This pushed the global subscriber count to 247 million, marking the largest growth since Q2 2020, a period influenced by pandemic-driven home entertainment demand. Financially, Q3 earnings exceeded expectations: projected at $3.49, they...

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Nvidia, a renowned tech industry stalwart, is navigating through market turbulence, having witnessed its stock soar to record highs and subsequently decline, leaving investors pondering its future trajectory. On August 24th, the stock marked a record $502, but the $500 level acted as a psychological barrier, triggering a 15% retreat from its peak as it likely...

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The crude oil market has been a whirlwind of activity, with prices peaking at $129 in March 2022 and plummeting to $63 by May 2023. This volatility has led to a broad consolidation zone, stalling the formation of long-term trends. A pivotal support for these fluctuating prices has been the weekly 200 simple moving average. This indicator helped the price rebound...

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Michael Burry has placed a substantial $1.6 billion bet on an imminent stock market crash, representing 90% of his firm's assets. Known for his accurate prediction of the 2008 US housing market crash which netted him $100 million, Burry's recent move follows a 500-point drop in the Dow Jones in just two days. Despite this downturn, the Dow Jones has shown a...

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Berkshire Hathaway's stock recently displayed encouraging growth, with a notable bullish surge on August 7th. After reaching its zenith in March 2022, the stock suffered a 28% drop. By October 2022, the stock steadied at $260 and recently made a bullish stride, briefly outdoing its past record. However, this new high was marginal and fleeting, as the stock soon...

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Uber Technologies Inc, the prominent American ride-hailing company, has recently reported its first-ever operating profit, signifying a successful shift to profitability. The company posted pre-tax earnings of $326 million (£255 million), a significant improvement from the previous year's operating loss of $713 million (£558 million). The turnaround is primarily...

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Tesla, under Elon Musk's leadership, is spearheading an automotive revolution with its focus on vehicle autonomy, which significantly influences its market value. Even though full self-driving capability hasn't been achieved yet, this prospect alone has powered Tesla's value, contributing to a remarkable 130% increase in its stock this year, with a notable 34%...

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Palladium, which hit an all-time high of $3433 in March 2022, has since experienced a major downturn, plunging below the $3000 support level and losing 34% of its peak value by the end of that month. The downward trend persisted throughout 2022, breaching the critical $2000 level in October. A significant bearish move in February 2023 further pushed the price...

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Amazon is once again proving its innovative prowess by negotiating with key players like Verizon, T-Mobile, Dish Network, and AT&T to offer budget-friendly or free mobile services to its U.S Prime subscribers. This groundbreaking step could transform the telecom sector and strengthen Amazon's position by merging e-commerce and telecom. Bundling wireless plans and...

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Netflix has made a strategic move to curb account sharing by nearly half its global user base to boost revenue and subscription rates. The policy checks a device's IP address to confirm single-household usage, but tech-savvy users have bypassed these restrictions with a VPN app, Meshnet, muddling Netflix's ability to identify user connections from different...

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From October 2001 to July 2021, Amazon shares rocketed from $0.27 to a record-breaking high of $188, a stunning 70,000% rise. Remarkably, during the height of the Covid-19 pandemic, Amazon's stock surged 23%, contrasting sharply with the S&P 500's 19% dip. However, in late 2022, Amazon faced a downturn, with prices falling below the $100 mark. After hitting a...