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Mizuho Securities has issued a bullish note on electric vehicle (EV) stocks Tesla and NIO and is predicting them to rise further. Is it time to buy EV stocks now? EV stocks have been very volatile this year. Both Tesla and NIO fell sharply from their 52-week highs and entered a bear market which is…
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US stock futures and European markets are retreating this morning as US Treasury yields have reversed the downtrend seen in the past couple of days during early bond trading activity, with the 10-year benchmark climbing above the 1.6% threshold for the first time since Monday. Investors have been spooked by a sustained climb in US…
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Oracle stock was trading sharply lower in US premarket trading today after releasing its fiscal third quarter 2021 earnings. What’re the key takeaways from the company’s earnings and guidance and should you buy or sell the stock now? It reported revenues of $10.09 billion in the fiscal third quarter ended 28 February 2021, which were…
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The price of Sundial Growers shares exploded yesterday after the stock became popular once again among retail traders via Reddit’s WallStreetBets forum, prompting a potential short squeeze of the likes of GameStop (GME) and AMC Entertainment (AMC). The exact data about the stock’s short-interest is a bit hard to pull given the fact that the…
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GameStop (GME) stock rose 41% yesterday despite the sell-off in US tech stocks. Would it end badly again just like it did earlier this year? GME stock has been very volatile this year. At one point in time, it had fallen over 90% from its peaks. However, the stock has been strong over the last…
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We tell you everything you need to know about Roku. We provide you with a step by step guide on how to buy Roku shares and explain why the entertainment company stock may be the best buy today. Read on for more on this…
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Tesla (TSLA) stock fell almost 5% yesterday and took its year-to-date losses to 11.9%. The stock is in a free fall and things might only get ugly from here. Tesla stock now trades below the price level at which it joined the S&P 500 last year. The stock is among the biggest S&P 500 losers…
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Tech stocks are about to close their third consecutive losing week, as reflected by the Nasdaq tech-heavy index, with rising US Treasury yields possibly prompting an adjustment in valuations. So far this week, the Nasdaq has dropped 3.45%, following a sharper 4.9% plunge seen by the index the week before – comprised of some of…
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MyPoints is one of the most popular online money-making platforms that pay you to complete different micro-tasks on its website. For every task completed, you are awarded a set number of points that you can then redeem for gift card prizes, cash or travel miles. But are the promised rewards worth your time and effort?…
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2021 was a very volatile year for US stock markets. However, despite the COVID-19 pandemic, they rose to a record high. Here’s what drove the markets in 2021. The year started off well for US stock markets and they hit new record highs continuing their positive momentum from 2019. Markets ignored several risks including geopolitical…
