Shares of AppLovin (APP) have been struggling lately and have lost 14% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stoc ...

The price trend for MongoDB (MDB) has been bearish lately and the stock has lost 7.3% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bu ...

The price trend for Naspers Ltd. (NPSNY) has been bearish lately and the stock has lost 9.8% over the past four weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor th ...

Avnet, Inc. (AVT) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AVT's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, a ...

For almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. I started in sell-side research with a Canadian bank, then moved to a hedge fund, followed by a family office and then finished my career in wealth management. I was 20 on my first day on Bay Street. I will forever remember. I had worked so hard to get there, from a small French-speaking town in Québec. Getting my CFA and CAIA designations by 25 was another important milestone. I was a young man with a dre ...

Ernest HoffmanErnest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in ...

Intuitive Machines ( NASDAQ:LUNR ) has been on quite the rocket ride lately, shooting up to a high of around $23.30 per share before dropping sharply to about $14.50 just a few days ago. ...

After moving to the downside early in the session, stocks have moved mostly higher over the course of the trading day on Monday. The major averages have climbed well off their lows of the session and into positive territory, with the Dow reaching a record intraday high.Currently, the major averages are just off their highs of the session. The Nasdaq is up 137.73 points or 0.6 percent at 23,168.95, the S&P 500 is up 24.93 points or 0.4 percent at 6,957.23 and the Dow is up 42.42 points or 0.1 percent at 50, ...

Shares of Kroger Co (NYSE:KR) are up 7.7% to trade at $72.67 at last glance, after reports that the grocery chain named former Walmart (WMT) executive Greg Foran as its CEO. This comes after the company ousted former CEO Rodney McMullen in March, following ‍a board investigation deemed his personal conduct was “inconsistent” with ethics policies.On track for its biggest single-day percentage gain since June, KR now sports a 16.3% year-to-date lead. The equity earlier hit its highest level since August, skyr ...

PresentationHello, and welcome to today's call discussing Ouster's acquisition of StereoLabs. [Operator Instructions] The call today is being recorded, and a replay of the call will be available on the Ouster Investor Relations website an hour after the completion of this call. I'd now like to turn the conference over to Chen Geng, Senior Vice President of Strategic Finance and Treasurer. Please go ahead.Chen GengSenior VP of Strategic Finance & Treasurer Thank you, operator, and hello, everyone. Thank you ...