Market Analysis news

Shares of Beyond Meat (NASDAQ: BYND) closed 1.2% higher on Friday despite soaring 8% in pre-market on deals with McDonald’s and Yum! Brands. Fundamental analysis: Major partnerships announced Beyond Meat reported fourth-quarter earnings that saw the company report a loss of $0.34 per share, which was worse than the…

Cardano (ADA) price gained almost 280% in February to become the world’s third largest cryptocurrency.  Fundamental analysis: Crypto fund to invest in ADA Cryptocurrency investment fund FD7 Ventures said it will sell $750 million worth of Bitcoin in the next 30 days to invest in Cardano (ADA) and Polkadot…

AMC Entertainment (NYSE: AMC) stock survived another wild week after WSB investors returned to trigger a second wave of frantic buying. Fundamental analysis: CEO Adam Aron Receives a $3.75M bonus AMC Entertainment awarded its chief executive Adam Aron with a $3.75 million bonus during a period when the…

All major cryptocurrencies have weakened this Sunday, and this situation also has a negative influence on the price of Ethereum (ETH). Bitcoin has moved again below $45000 support, indicating that the price could fall even more in March. Fundamental analysis: The new blockchain will process thousands of transactions per…

Shares of Berkshire Hathaway (NYSE: BRK.A) are likely to open higher on Monday after Warren Buffett’s company reported strong earnings for the past quarter.  Fundamental analysis: Net earnings soar, record buybacks Berkshire reported operating income of $5.02 billion for the fourth quarter, up from $4.42 billion from a year…

The global stock markets weakened last week, Wall Street’s three main indexes closed sharply lower, and the risk aversion will likely prevail the next trading week. The crude oil price fell on Friday as the U.S. dollar rose, but it continues to trade above $60 support. The Organization of the…

Litecoin (LTC) price may correct further lower in March after two consecutive failures to secure a monthly close above the $180 handle. Fundamental analysis: Square continues to invest in crypto  Square, a fintech company founded by Twitter CEO Jack Dorsey, purchased a further $170 million in Bitcoin, according to…

The U.S. stock market weakened in the last trading week of February, and Wall Street’s three main indexes closed in the red. Rising treasury yields continue to spook investors, and it is important to say that the U.S. 10-year Treasury yield hit a one-year high and rose above the S&P…

Vanguard S&P 500 ETF has advanced from $335 above $362 since the beginning of January, and the current price stands around $349. The price of this ETF continues to trade in a bull market, and according to technical analysis, there is still no sign of the trend reversal. Fundamental analysis:…

ICON (ICX) has advanced from $0.68 above $2.40 since the beginning of February, and the current price of this cryptocurrency stands around $1.50. Fundamental analysis: ICON has launched a dedicated audit fund to cover smart contract audits Despite the recent correction, February has been a very positive month for…

Shares of Hyundai Motor Company (KRX: 005380) and Toyota Motor Corp (NYSE: TM) may prove to be a safe bet in 2021 as the wider car industry faces semiconductors supply constraints.  Lack of semiconductor chips hampering car industry The auto industry is in a difficult position as the global…

S&P 500 price closed the week 2.5% lower as investors rushed to sell equities amid rising bond yields. Fundamental analysis: Soaring yields are a “healthy sign”, says JP Morgan strategist JP Morgan Private Bank strategist said the surge in bond yields could be a healthy sign as the global economy…

The cryptocurrency market is advancing this Sunday, and this situation also supports the price of Zilliqa, VeChain, and SushiSwap. Bitcoin has stabilized above $47000 support, but investors should have in mind that the risk of another decline is still not over. The cryptocurrency market continues to attract institutional funds, but…

Tezos (XTZ) has advanced from $2.76 above $5.5 since the beginning of February, and the current price stands around $3.56. The cryptocurrency market is losing its value this trading week, and XTZ also remains under pressure. Fundamental analysis: Grayscale Investments announced that it has Tezos (XTZ) on the list…

Compound (COMP) price has advanced from $331 above $570 since the beginning of February, and the current price stands around $404. This cryptocurrency’s trend still remains bullish, but if the price falls below $300, it would be a firm “sell” signal and a trend reversal sign. Fundamental analysis: Grayscale has…

The cryptocurrency market is losing its value this trading week, the price of Bitcoin went below $45000 support today, and the risk of further declines is not over yet. Algorand (ALGO) also remains under pressure; in less than several hours, this cryptocurrency price has weakened from $1.15 to $0.89,…

The NFT market has been getting a lot of attention lately, with Enjin leading the way for this crypto subsector. So, what should we expect from the NFT market and Enjin, and should you invest in ENJ now? Fundamental analysis: increase in NFT market popularity improved Enjin’s position…

Citigroup (NYSE: C) shares have advanced from $57 above $69 since the beginning of February, and the current price stands around $67. Wall Street is still bullish on Citigroup, and the stock price could advance soon above the $70 resistance if the U.S. stock market continues to trade in…

Fantom (FTM) price has traded about 800% higher at one point in February before a pullback took place.  Fundamental analysis: The Graph announces support for Fantom The Graph added Fantom to the group of layer 1 blockchains that its community is supporting. Previously announced chains include Polkadot, NEAR, Solana,…

GameStop stock (NYSE: GME) is up about 60% today after exploding over 100% yesterday. It seems that WSB retail investors are back with Wednesday’s trading volume being the highest in February so far. Fundamental analysis: CFO Bell leaves  Trading in GameStop stock was halted 30 minutes before the closing…

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…