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Xpeng’s stock has rallied by over 15% over the last week (five trading days), compared to the S&P 500, which rose by 2.5% over the same period. The gains in Xpeng come amid a broader rally in American depositary receipts of Chinese companies after a report in the Chinese state media indicated that.. more...
Food delivery player DoorDash stock surged by close to 40% over the last week (five trading days), trading at levels of around $107 on Monday. While tech stocks, in general, fared well over the last week, with the Nasdaq-100 soaring 9% as the Federal Reserve raised interest rates by just a... more...
Berkshire share price is on daily bullish trend by breaking 520,654 resistance to above for the bullish trend to be continuing. Since 1965, Berkshire has provided +20% average annual returns, almost double the +10.2% average annual returns for the S&P 500 Stock Index benchmark. more...
The US dollar made an attempt to recover but the results were mixed in a very busy week. What’s next? The focus shifts away from the US as we have three rate decisions and two jobs reports from other places Here are the highlights for the upcoming week. UK Services PMI: Monday, 9:30. The services sector is the most important one in the UK and the publication of Markit’s services OMI always moves the markets. The sector has been experiencing ...
The dollar remained on the defensive but it wasn’t one-sided anymore. The greenback fought back. GDP from the US and the UK, rate decisions in Japan and the euro, and many other events await us in a busy week. Here are the highlights for the upcoming week. Japanese rate decision: Tuesday morning. The Bank of Japan recently triggered a “mini taper tantrum” in Japanese bond markets. Among developed countries, Japan has the most accommodative ...
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