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NIO stock was among the biggest gainers in 2020 with a rise of over 1,100%. The company has provided more details about its upcoming sedan ET7 during the NIO Day last week. What factors could drive NIO stock higher from these levels? NIO had announced the launch of its sedan earlier this year only when…
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Cryptocurrency, as a whole, is something that has fascinated many people, especially since its rise in popularity in recent years. For some people, the draw of Bitcoin and other currencies is the fluctuation in prices and the allure of making a profit from trading. For other people, cryptocurrency is an optimal method to pay for things…
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The FTSE 100 is trading at its highest level since the pandemic started following yesterday’s rally in America’s broad-market indexes while market players eye the upcoming approval of the AstraZeneca/Oxford vaccine. The footsie is advancing 2.1% today at 6,641 in mid-day stock trading activity while other European market indexes are advancing less than 1% during…
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The FTSE 100 index is heading to its seventh consecutive day of gains despite the growing risk of a no-deal Brexit as negotiations remain stalled while Prime Minister Boris Johnson is heading to Brussels today to brush up the remaining differences between the union and the Kingdom. The UK also started to roll out Pfizer’s…
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Today China released its PMI (purchasing managers’ index) data for November which was better than expected. However, debt defaults at Chinese companies have been on a rise this year. China’s National Bureau of Statistics today released the official November PMI data. The official PMI was 52.1 in November which was better than the 51.5 that…
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This week is the busiest week for S&P 500 with companies including Tesla and Netflix reporting during the week. What’re analysts projecting for Netflix’s third quarter earnings and how’s the stock placed ahead of its release? The earnings season is in full swing and streaming giant Netflix would report its third quarter on 20 October….
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Apple stock fell 4.2% on Wednesday and shares are trading down 1.4% in pre markets today. The stock is now down over 22% from its 52-week highs. Should you buy it now after the crash? Apple stock is currently in a bear market territory, having fallen over 20% from its recent highs. However, it is…
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Netflix shares went down almost 4% during yesterday’s volatile stock trading session in New York as the tech rout resumed in the afternoon despite the day starting with gains across the board. Meanwhile, the Los Gatos-based streaming company has been in the spotlight lately as a result of the release of the controversial firm “Cuties”,…
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Moneta Markets is a subsidiary of the well known Vantage International Group Limited (VIG) that is listed on the Main Board of Hong Kong Stock Exchange and operates VantageFX, one of the largest forex and CFD brokers in the world. Even though it was founded only recently, Moneta Market has rapidly become one of the fastest-growing…
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TikTok videos about trading strategies on free trading app Robinhood have notched up more than 3 million views, as millennials hunt for stock tips from social media influencers. The Chinese social media network, better known for viral videos of teenage girls dancing to pop tunes, currently has 3.1 million views under the tag #robinhoodstocks. Young…
