
Nebius stock bounced back this week, reaching its highest level since June 30 this year, up by 90% from its lowest point in July. It is slowly nearing its all-time high, helped by the ongoing demand for its products. Despite this growth, Michael Burry has shorted the company, warning that its performance is emblematic of […]
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S&P Dow Jones Indices announced after Thursday’s close that Reddit (NYSE: RDDT) will replace AvalonBay Communities (NYSE: AVB) in the S&P 500, effective prior to the opening of trading on Tuesday, August 18. The stock closed the regular session at $158.12, up 3.04%, then rose as much as 11% in after-hours trading. It held the […]
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Nokia’s 30% collapse in July looked like the market calling time on a hype cycle. It was not. Read the quarter and the opposite happened: AI & Cloud order intake nearly tripled to €2.8bn, Optical Networks grew 20% and IP Networks 16%. Demand accelerated. What broke the stock was a cost line — Ericsson warned […]
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The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO ETFs this week. S&P 500 […]
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