MULN falls more than 8% on Tuesday

Share: MULN stock loses another 8% on Tuesday, down 39% over past month. Mullen Automotive filed response with the Customs & Border Protection agency. Mullen ONE appears to be in the running for a federal contract alongside Rapid Response Defense Systems. Shareholders look ahead to vote on reverse split on December 15.   Mullen

AMD advances for fourth week in a row

Share: AMD price action scored its fourth straight week of gains. S&P Global PMIs show Services overperforming, while Manufacturing underperforms. AMD gains at Friday open, while NASDAQ Composite fades. The $127 to $133 supply zone from May and June becomes primary bull target. Advanced Micro Devices (AMD) stock ended its fourth week in

PLTR reaches new two-year high at $20.45

Share: Palantir stock trades up to highest price in two years. Stock market indices started Friday on the backfoot. Peter Thiel’s venture capital fund sold $48 million worth of PLTR in Q3. Analyst Dan Ives says tech stocks are at the beginning of a new rally heading into 2024.   Palantir (PLTR) stock

BABA closes Thursday down more than 9%

Share: BABA stock loses 9%, moving below $80. Revenue for the fiscal Q2 misses consensus by $230 million. Management decides against spinning off the cloud business for now. Alibaba issues a $1 annual dividend to holders of ADS shares.   Alibaba (BABA) stock closed at $79.10, down 9.15%, on Thursday. The market did not appreciate the

DJIA slightly lower in low-volatility session

Share: Dow Jones has broken out of a three-month descending price channel. Fed’s Powell, Williams speak at event on Wednesday. Dow Jones Industrial Average gained 5.07% last week, the largest weekly gain since October 2022. Disney is scheduled to deliver fiscal Q4 earnings after the close on Wednesday. Unemployment Rate, SLOOS report, credit

Stock Market Analysis [Video]

Share: Stock market analysis and trading strategies: NASDAQ, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Stock Market Summary: The current move up in Indices and stocks is now in its later stages Wave iii) of A that can top late Monday, but more likely Tuesday. Look

PLTR loses 6.5% for the week

Share: Palantir stock has turned negative on the technical chart. The 9-day SMA has crossed below its 21-day counterpart. Lower inflation seen in the Core PCE print for September makes another Fed rate hike less likely. An AI study called Palantir a top performer among vendors.   Palantir (PLTR) stock closed at $15.07 on

MULN ends Tuesday more than 36% in the green

Share: Mullen Automotive stock is still reeling from October 19 announcement that it seeks to perform a reverse stock split in December. Mullen updates lawsuit against TD Ameritrade, Charles Schwab and National Finance Services. New York Judge says Mullen needs to file an amended complaint by November 30. Mullen will seek to give

NIO sees early gains after Chinese authorities deregulate digital data

Share: NIO stock gives back early gains reaped on deregulation of cross-border data. China’s Cybersecurity Administration has reduced scrutiny of non-personal data. Hang Seng index closes 2.5% higher on the news. US Core PCE data for August shows inflation slowing, boosts US stocks.   Nio (NIO) stock rose 1.2% early Friday, to $9.02 but