Jim Cramer’s favourite dip-buying rule starts with a margin decline, but it does not end there. Investors must decide whether profits are temporarily compressed by investment or permanently damaged by weak demand and competition. Meta Platforms, Alphabet and SoFi are the clearest tests after their shares were punished by spending increases or cautious guidance. Intel
Palantir stock price remained under pressure this week as traders waited for the second-quarter earnings. PLTR was trading at $122.26, down by over 40% from its highest point this year, erasing some of the gains it made last year. This retreat will be put to the test as it publishes its financial results. Palantir Technologies
Reddit (RDDT) stock is under immense pressure this morning, even though the forum social media platform reported an impressive Q2 and offered upbeat future guidance. Investors are bailing on RDDT not because of the quarterly print itself, but more due to concerns about the company’s long-term traffic growth. Following today’s decline, Reddit shares are down
It was an overwhelming week for Apple, to say the least, as the iPhone maker saw its fortunes whipsaw throughout the week—becoming the world’s most valuable company, briefly exceeding the $5 trillion market capitalization mark, and then suffering one of the biggest single-day declines in its history after issuing a cautious outlook. Investors had increasingly
Nvidia stock (NVDA) rose on Friday after Amazon reaffirmed its commitment to the chipmaker’s artificial intelligence processors and increased its capital spending plans, reinforcing investor confidence in continued demand for AI infrastructure. The stock gained 2.6% to $199.07 in midday trading, building on Thursday’s more than 2% advance. The rally put Nvidia on track to
Oil prices fell on Friday as signs of improving tanker traffic through key Middle East waterways encouraged traders to lock in profits after a volatile week. Brent crude dropped $1.03, or 1.2%, to $88 a barrel by 0215 GMT, while West Texas Intermediate declined $1.50, or 1.8%, to $82.09. Even after the pullback, both benchmarks
XRP price briefly climbed to $1.10 before easing back as steady ETF inflows and Aviva Investors’ tokenized fund launch on the XRP Ledger have continued to support buying interest despite persistent technical resistance. According to SoSoValue data, US spot XRP exchange-traded funds recorded $584,000 in net inflows on July 29, ending a three-day streak of
The FTSE 100 Index jumped to a record high this week as several important companies like IAG, NatWest, Lloyds, and Rolls-Royce published their financial reports and the Bank of England (BoE) delivered its interest rate decision. It soared to 10,976, up by 13.4% from its lowest level this year. This article looks at some of
Micron Technology (NASDAQ: MU) has received an unlikely boost from Apple after Tim Cook described the surge in memory prices as a “100-year flood.” The remarks strengthened the argument that today’s shortage reaches beyond artificial-intelligence data centres. Apple’s chief executive said exponential memory-cost increases had contributed to reluctant price rises. Apple paid more for memory
Meta Platforms (META) shares are slipping in extended hours on Wednesday as investors react to a messy Q2 earnings release that reignited aggressive spending fears. The giant’s revenue reached $60.80 billion – up a better-than-expected 28% year-on-year – but its per-share profit at $6.18 failed to meet consensus estimates. Net income came under pressure as