Market Analysis news

Cardano’s price managed to break the $1 mark with confidence after a period of volatility. This, along with the Mary upgrade, has pushed the price up past the $1.10 mark. So, what should you expect next, and should you invest in ADA now? Fundamental analysis: Mary upgrade sends…

Shares of Fisker (NYSE: FSR) soared more than 38% yesterday after the company announced a partnership with Foxconn to build electric vehicles (EVs). Fundamental analysis: Major partnership Foxconn, a Taiwanese tech firm whose biggest client is Apple, said it will develop an EV together with Fisker as it continues…

Brent crude oil prices have soared 23% in February to hit the highest levels since January last year.  Fundamental analysis: BofA raises outlook Bank of America (BofA) Global Research raised its outlook for Brent crude prices for 2021 on the back of decreased supplies as a result of Texas freeze…

Aave (AAVE) has advanced from $84 above $550 since the beginning of January, and the current price stands around $350. Aave was one of the best performers on the cryptocurrency market in the last several weeks, and as long the price is above $300, it remains in a buy zone.

France’s CAC 40 index continues to trade in a buy zone supported by better than expected economic data in the Eurozone. CAC 40 index is currently trading just a few percentage points below 5,800 resistance, and as long the CAC 40 is above 5,000 points, there is no risk…

Dogecoin (DOGE) experienced another price surge and outperformed the crypto sector by a large margin. Why did DOGE’s price spike up, and should you invest in DOGE now? Fundamental analysis: Elon Musk on another Dogecoin pumping spree Dogecoin managed to gain over 20% in the past 24 hours,…

Ethereum (ETH) price is trading about 5% higher on the day after plunging more than 30% from the recent record highs.  Fundamental analysis: Regulatory issues unlikely to affect Crypto, says an analyst CoinShares analyst Meltem Demirors said Bitcoin-related regulatory concerns are not likely to curb the cryptocurrency’s momentum. …

Intel (NASDAQ: INTC) shares have advanced more than 26% since the beginning of January, and the current share price stands around $61. Intel reported better than expected Q4 earnings, and analyst firm Cowen raised its price target from $75 to $79. Fundamental analysis: Cowen raised its price target on…

Shares of Tesla (NASDAQ: TSLA) have continued to move lower as today’s selloff extends below the $700 handle. Fundamental analysis: Ignore Bitcoin talk and focus on EV sales – analyst    After Tesla spent $1.5 billion to buy Bitcoin, some investors are concerned that the company exposed itself to more…

Shares of Twitter (NYSE: TWTR) dipped around 5% today before racing higher to erase some of these losses amid a wider selloff in tech stocks.  Fundamental analysis: Twitter reportedly offered $1.1 billion to buy ShareChat Twitter reportedly entered discussions to buy the Indian social media startup ShareChat in…

United Airlines (NASDAQ: UAL) announced it will remove 24 of its Boeing 777 planes for the time being after one of the jets sustained an engine failure over the weekend.  Fundamental analysis: Inspection ordered The Federal Aviation Administration (FAA) ordered the inspection of 777s, which use the same PW4077…

Allied Universal is buying the largest private security firm in the world G4S (LSE: GFS), following a months-long takeover battle against its Canadian rival GardaWorld.  Fundamental analysis: Allied wins auction The auction ended with Allied’s bid of 245 pence per share, versus Gardaworld’s 235p.  Allied’s bid valued G4S at…

General Electric (NYSE: GE) shares have advanced more than 11% since the beginning of January, and the current share price stands around $12.50. Goldman Sachs announced this Monday that it sees another 25% upside for General Electric and raised its 12-month price target on the stock to $15. Fundamental…

Crypto.com Coin recorded a massive price gain as the project changed how they approach CRO staking and announced a massive token burn. What should you expect next, and should you buy some CRO now? Fundamental analysis: CRO poised to enter the market cap top10? Crypto.com Coin has been in the…

Polkadot recorded a day of massive gains that brought its price above $30. However, the recent market downturn brought a massive red candle for DOT. What should you expect next, and should you buy some DOT now? Fundamental analysis: Rococo upgrade brings more positive sentiment to Polkadot Polkadot has…

Crude oil prices have regained the $60.00 mark today after soaring to trade about 2% higher on the day.  Fundamental analysis: Recovery in demand expected Two factors could help crude prices move slightly higher as oil continues to see gains in 2021, according to JP Morgan. The bank’s statement comes…

The cryptocurrency market is advancing this trading week; Bitcoin continued its surge and reached a new all-time high above $58,000. This situation also supports Bitcoin Cash’s price, and in less than three weeks, the price of BCH has advanced from $390 above $700. Fundamental analysis: Many analysts warn of an…

The S&P 500 and the Nasdaq weakened last trading week while the Dow Jones advanced 0.1%. Wall Street’s three main indexes continue to trade near record highs, and technically looking, there is still no sign of the correction. The current bull market broke records for the longest-lasting period, and disappointing…

Uniswap (UNI) recorded a day of massive gains that brought its price above $30. What should you expect next, and should you buy some UNI now? Fundamental analysis: a confluence of factors brings UNI to $30 Uniswap (UNI) saw a major price surge on Saturday as the cryptocurrency reached…

Toyota (NYSE: TM) shares have advanced from $132 above $160 since the beginning of October 2020, and the current price stands around $153. This company offers a very good opportunity for investors, and with the market capitalization of $214B, it is still undervalued relative to the other automobile manufacturers. Fundamental…

The car industry is in a clear recovery mode as major carmakers report soaring sales for the second half of the year.  Ford raises EV stakes Ford (NYSE: F) announced this week it will invest $1 billion in its factory in German city Cologne. The existing factory will be…

Bitcoin (BTC) price has exceeded the $57,000 mark today as the impressive bull run extends into the second half of February. Fundamental analysis: 5% of surveyed companies to purchase Bitcoin this year According to a small survey by Gartner, about 5% of companies are looking to invest in Bitcoin…