
Nvidia stock price has remained inside a narrow range in the last two weeks. It ended last week at $225, down modestly from the year-to-date high of $236. This consolidation will be put to the test this week when Micron Technology releases its financial results. Also, there are reports that China is prepared to allow […]
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Geely is taking a 30% stake in NIO’s battery-swapping and charging unit through a deal that values NIO Power at about RMB16 billion ($2.37 billion), but only RMB640 million ($94.8 million) of the consideration is cash. Under definitive agreements announced September 28, a Geely subsidiary will contribute its entire ownership of Yiyi Power, its commercial […]
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Gold can be expected to fall further toward the next round support level 4000.00 (which reversed Gold multiple times in June and July). Gold broke support zone Likely to fall to support level 4000.00 Gold continues to fall after the earlier breakout of the support zone between the pivotal support level 3.000 (which has been […]
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US stocks fell on Monday as rising oil prices and Treasury yields weighed on equities, while investors assessed uncertainty around the prospects for a US-Iran peace deal and its potential impact on Federal Reserve policy. The Dow Jones Industrial Average fell 343.78 points, or 0.66%, to 51,484.84. The S&P 500 declined 0.76% to 7,684.41, while […]
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