Bloom Energy stock is in the spotlight this week because of its role in the beleaguered data center project in New Mexico. BE dropped to $254 on Thursday, before recovering a bit to the current $267. It remains about 25% below its highest point this year, and has formed an island reversal pattern. Bloom Energy
Bloom Energy stock is in the spotlight this week because of its role in the beleaguered data center project in New Mexico. BE dropped to $254 on Thursday, before recovering a bit to the current $267. It remains about 25% below its highest point this year, and has formed an island reversal pattern. Bloom Energy
The 10-year Treasury yield reached a high of about 5.2% on September 24, a multi-decade high that should, by conventional logic, compress valuations across richly priced technology stocks. Instead, the Magnificent Seven stocks have kept climbing – decoupling from a bond market that continues to reprice higher. The immediate spark was viral consumer adoption of
The bond market had another difficult week. The US 10-year Treasury yield climbed to around 5.2% this week, while the 30-year yield touched 5.5%, taking the two benchmarks to their highest levels since 2007 and 2004, respectively. The selloff has extended well beyond the US. Yields have also risen across major developed markets as higher
Meta Platforms shares META slipped in premarket trading on Thursday as a sharp rise in US Treasury yields and higher oil prices weighed on broader market sentiment, even as investors digested a series of announcements from Meta Connect on Wednesday. Meta stock was down about 1.15% during premarket trading, while Nasdaq futures fell roughly 1%
Tesla stock has rebounded in the past few weeks, moving from a low of $297 in August to the current $380. It has rallied as traders buy the recent dip and predict more gains as gasoline prices jump. So, will these gains hold? European EV sales are soaring The ongoing shock in the energy market
US stocks opened lower Thursday as a historic selloff in Treasury bonds continued to dominate markets, with the 30-year yield touching its highest level in more than two decades. The Dow Jones Industrial Average fell 179.66 points, or 0.35%, to 51,331.93 shortly after the opening bell. The S&P 500 dropped 0.48% to 7,669.46, while the
Oil prices rose around 2% on Thursday as diplomatic efforts between the US and Iran showed little sign of progress, keeping geopolitical risks in focus. Brent crude futures climbed back above $105 a barrel, while investors also assessed uncertainty surrounding a potential US ban on diesel exports. Brent crude futures were up 2.09%, at $105.2
Bitcoin Cash (BCH) surged roughly 26% over 24 hours to trade above $340 on Wednesday, emerging as one of the cryptocurrency market’s strongest performers after CME Group unveiled plans to launch regulated BCH futures. The announcement triggered an immediate reaction, with Bitcoin Cash reportedly climbing approximately 14% within an hour before extending its advance toward
Top quantum computing stocks like IonQ, Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) are rising today after IonQ made a breakthrough this week. IonQ stock is up more than 10% in the pre-market session, while D-Wave Quantum is up 4.70%. Rigetti Computing is up by over 5.2%, while Infleqtion (INFQ) is up by over 5.5%.