The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a […]

Intel Corp (NASDAQ:INTC) shares are trading approximately flat Wednesday morning, pausing for a breath after a sharp rally that has seen the stock add to gains of more than 90% in the past year. The stock is currently hovering near $43, holding close to fresh 52-week highs following a 20% breakout over the last five […]

AlphaTON Capital (NASDAQ:ATON) stock rose Monday after the company disclosed a Letter of Intent to acquire a 51% stake in Forbes Media Holdings (FMH). Details AlphaTON planned a two-phase acquisition of FMH. In Phase 1, the company would acquire a 51% stake in FMH and its subsidiaries, with payment made in USD or USD stablecoin. […]

Kalshi, a prediction market startup, has seen its valuation skyrocket to $11 billion after reportedly securing a substantial $1 billion funding round. Investors Fuel Multi-Billion Jump The latest valuation comes after the company’s previous fundraise of $300 million, which pegged its worth at $5 billion. The new round is spearheaded by existing investors Sequoia and CapitalG. Other backers include Andreessen […]

Target Corporation (NYSE:TGT) stock slipped in early trading on Thursday as the retailer reported a third-quarter profit beat but posted underwhelming sales and trimmed its full-year earnings outlook heading into the crucial holiday stretch. At the same time, the big-box chain is leaning into an attention-grabbing artificial intelligence push, wiring its aisles into ChatGPT through […]

Boeing Company (NYSE:BA) on Monday disclosed two deals with major airline operators, one in the UAE and one in Africa. Emirates Deal Emirates placed its third order for Boeing’s 777X aircraft, which includes 65 777‑9 passenger jets. Emirates is a launch customer for the 777X family and had previously ordered 205 aircraft in two prior […]

Johann Rupert, the chairman of luxury group Richemont, has expressed optimism about the swift resolution of the tariffs imposed by the U.S. on Swiss exports. Rupert Expects Swift Tariff Rollback Rupert, who is also the owner of luxury watch brand Cartier, anticipates a prompt reduction in the tariffs, which have been a cause of concern for […]

On CNBC’s “Halftime Report Final Trades,” on Tuesday, Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Phillips 66 (NYSE:PSX), saying a breakout is in progress. Lending support to his choice, the integrated energy company, on Oct. 29, reported adjusted earnings of $2.52 per share, comfortably topping the consensus estimate of $2.17 per share. […]