Nio stock price has soared in the past few months, moving from a low of $4.35 in February to the current $6.38. This rally may continue as the stock formed the highly bullish cup-and-handle pattern, which often leads to more gains. Nio stock technical analysis points to more upside The daily chart points to more
US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data. Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped 0.15% and 0.12%, respectively.
In the pursuit of powering artificial intelligence (AI) and the race to come out on top, data has become the new oil. Companies that control the pipelines are pulling in record venture capital (VC), with centralised AI web infrastructure startups raising more than $280 million over the past 18 months. Nimble secured $47 million in
German-Swiss quantum technology firm Terra Quantum announced plans on Thursday to go public on the Nasdaq this year through a merger with a US-based special purpose acquisition company (SPAC). The deal is expected to value the company at $3.25 billion, marking a significant step in its growth strategy. The company has signed a non-binding letter
Shares of Intel extended gains for a seventh consecutive session on Thursday after the chipmaker announced an expanded collaboration with Google to develop next-generation processors for artificial intelligence data centers. The stock rose about 3% in morning trading, building on a powerful rally that has seen shares climb 47.5% over the current seven-session streak. If
Tesla shares attempted another rebound on Thursday but failed to sustain momentum, slipping about 1% after opening higher. The initial gains followed reports that the company is considering a new electric vehicle. However, the reaction faded quickly, reflecting continued investor caution. New EV plans fail to excite investors Tesla is exploring an all-new electric vehicle,
Citigroup has raised its growth outlook for the US ETF market, projecting that assets under management could surpass $25 trillion by 2030. The forecast highlights strong inflow momentum and increasing investor preference for cost-efficient investment vehicles. As of March 2025, total assets in US-listed ETFs stood at approximately $10.4 trillion, Citi noted. The brokerage had
Volatility-driven investors, the biggest sellers of US equities in March, may be close to exhausting the sharpest phase of their risk reduction, according to Nomura. The bank said systematic strategies tied to realised volatility, including commodity trading advisers and volatility-control funds, had already cut a large amount of equity exposure during the recent bout of
Dow futures surged in early trading on Wednesday after Washington and Tehran agreed to a two-week ceasefire, easing fears of a broader regional conflict and triggering a cross-asset relief rally. Oil tumbled, Treasury yields eased and volatility gauges retreated as investors rotated back into risk assets. The rebound rippled through Asia and Europe, while traders
Global financial markets surged on Wednesday after the United States and Iran agreed to a temporary two-week ceasefire, easing fears of prolonged disruption to energy supplies and sending crude prices sharply lower. The announcement, which raised hopes of a reopening of the Strait of Hormuz, a key artery for global oil trade, triggered a broad-based