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The Fresnillo share price has jumped by ~380% this year, making it the best-performing company in the FTSE 100 Index. It has done better than the Footsie and other companies in the index. For example, Airtel Africa, the second-best performer, has jumped by 170% this year.

Fresnillo share price chart | Source: TradingView

Soaring gold and silver boosted the Fresnillo share price

The main reason why the Fresnillo share price surged this year is that it is involved in gold and silver prices. 

As a result, it benefited as these precious metals soared to their record highs. Silver price jumped by 120%, while gold was up by 65% in their best years in a long time.

Gold, silver, and other precious metals well because of the rising demand from around the world.

Central banks from countries like China and Russia continued buying gold this year as part of their diversification strategy away from the US dollar.

The soaring demand was also from private companies. For example, Tether, the company behind the biggest stablecoin, bought over 116 metric tons of gold, which are currently worth about $15 billion.

Tether bought this gold as part of its strategy to back USDT and Tether Gold, which has a market capitalization of over $1.4 billion. Unlike other stablecoins like USDC, RLUSD, and PYUSD, USDT is backed by a portfolio of assets like gold, Bitcoin, and short-term government bonds  

Meanwhile, data shows that gold and silver ETF inflows have done well this year. The SPDR Gold Trust (GLD) has had over $20 billion in inflows, while the iShares Silver Trust (SLV) ETF has brought in over $2.6 billion in inflows this year. 

Silver price has done better than gold because of the close correlation between the two assets. In most cases, the silver price normally does better than gold when the latter is rising, and then lags when it is falling.

The two metals have done well because of the actions of the Federal Reserve and other central banks. The Fed has slashed interest rates three times, while other top ones like the European Central Bank (ECB), the Swiss National Bank (SNB), and Bank of England have lowered rates in this period.

Fresnillo’s business has benefited from gold and silver prices gains

The Fresnillo stock price has soared as the company has benefited from the ongoing performance of these precious metals. That’s because it is one of the biggest silver miners in the world.

The most recent results showed that the company’s revenue rose by 27% in the first half of the fiscal year. This growth was because of the elevated prices and gold production, which was offset by lower silver supply.

Most importantly, the surge in revenue happened as the company was reducing its costs. The adjusted production cost dropped by 20% to $673 million, helped by the Mexican peso devaluation.

Fresnillo’s profit jumped by 297% to $467 million, while the free cash flow rose to $1.02 billion. As a result, the company boosted its balance sheet, with amount of cash in its balance sheet hitting $1.8 billion.

Will the Fresnillo stock price surge continue?

The question among investors is whether the Fresnillo stock price has more upside to go in the coming year. 

This performance will depend on the performance of gold and silver prices during the year. Some analysts believe that these two metals have more upside as the Fed has committed to cut interest rates and implementing a quantitative easing policy.

As a result, some analysts see gold soaring to as high as $5000 and silver hitting the key resistance level at $100. Such a move will help to boost its stock performance.

However, it is worth noting that precious metals are usually cyclical and a surge in one year is accompanied by a drop in the following year. 

Therefore, there is a risk that the Fresnillo share price will pull back in the coming weeks or months as investors start to book profits.

READ MORE: Top 5 reasons gold price is on a relentless bull run

The post Here’s why this FTSE 100 Index stock jumped ~380% in 2025 appeared first on Invezz

Silver price refreshed its record high on Friday, proving that the rally was not just Fed-driven. With the persistent economic uncertainties and geopolitical risks, investors are seeking exposure in the white metal, which they expect to rally further. This sentiment has bolstered silver ETF inflows, with November marking its highest level since July. Besides, its industrial demand has surged at a time when the physical market is experiencing supply tightness.   

Silver price analysis beyond the Fed decision

The SLV ETF stock has been on a parabolic surge in recent weeks; refreshing its all-time high several times along the way. Notably, one of the key drivers of this spike has been expectations of an interest rate cut by the Federal Reserve. As such, it appeared likely that a hawkish guidance would ease the rallying while strengthening the US dollar. 

True to the financial markets’ expectations, the Fed cut interest rates by a quarter percentage point, bringing the lending rates to between 3.5% and 3.75%. This third reduction of the year came amid differing opinions among the policymakers with Jerome Powell terming the vote as “a close call”. 

While the central bank does not see a rate hike as being the base case for the coming months, its outlook is for one cut in 2026. According to Powell, it has done enough to help normalize the US labor market while allowing inflation to resume its decline towards the 2% target. 

Ordinarily, a hawkish tone from the Fed would weigh on silver prices. However, its movements after the FOMC statement have indicated that the rally is not merely Fed-driven. Instead, heightened demand and supply tightness in the physical market remain the primary drivers of the uptrend. 

Compared to gold’s price surge of about 60% ytd, silver price has more than doubled its value since the start of 2025. While gold has recorded stellar performance this year, investors have embraced the white metal as a preferred alternative for jewelry and investment. Its industrial demand has also surged from products like medical technology, solar panels, and EVs.

Besides, steady ETF inflows have bolstered the rally as investors expect economic uncertainties and geopolitical risk to sustain the precious metal’s safe-haven appeal. In November, silver ETF inflows hit the highest level since July at 15.7 million ounces. With this solid demand outlook, SLV silver ETF will likely extend its uptrend; at least in the short term.     

SLV ETF stock technical analysis

SLV ETF stock chart | Source: TradingView

On Wednesday, the iShares Silver Trust ETF extended gains from the previous session to hit a fresh record high of $566.07. Since retesting its 2012 levels about two weeks ago, the top silver ETF has recorded six fresh all-time highs as physical demand surges and supply tightens. 

A look at its daily chart indicates that the rallying has pushed the asset to the overbought territory at an RSI of 75. While a corrective pullback is expected in the near-term, the bulls have the chance to push SLV silver price higher as more buyers seek exposure. 

At its current level, further rallying will likely see it reach $57 and beyond as the bulls eye the crucial zone of $60. On the flip side, the expected healthy decline may have the silver ETF gain support at the previous resistance level of $53.29. A further pullback will likely activate the lower support along the short-term 25-day EMA at $49.47. 

The post SLV ETF stock analysis as silver prices momentum gains steam appeared first on Invezz

The EUR/USD exchange rate held steady in the past few months, a trend that may continue in the coming months as top analysts predict a return to US dollar slide amid a divergence between the Federal Reserve and the European Central (ECB). It was trading at 1.1740, much higher than last month’s low of 1.1463.

Top analysts predict a return to US dollar slide 

The EUR/USD pair continued rising as many investors predicted that the US dollar index would start its slide in the coming months.

In several reports, analysts by companies like Goldman Sachs and Deutsche Bank noted that all conditions were highly supportive of a dollar slide.

The main reason is the Federal Reserve will likely maintain a dovish tone as other central banks start hiking interest rates.

For example, analysts believe that the Bank of Japan (BoJ) will hike interest rates this month. Also, the expectation among analysts is that the European Central Bank (ECB) will hike in the third quarter of next year.

Other central banks expected to maintain a hawkish view are the Reserve Bank of Australia (RBA), the People’s Bank of China (PBoC), and the Bank of England (BoE).

On the other hand, the Federal Reserve is expected to maintain a dovish tone in a few months. 

It has already started its quantitative easing (QE) policy, and officials predict that it will deliver one more cut this year. Analysts see the bank cutting rates more times as Donald Trump will replace Jerome Powell with a ‘puppet’.

The only limit to the bank’s Fed cuts will be other officials, who have started dissenting. Three officials dissented in the last meeting, with some voting for a cut and others for a raise.

ECB interest rate decision ahead 

The next key catalyst for the EUR/USD pair will be the upcoming European Central Bank interest rate decision, which will come out on Thursday.

Economists believe that the bank will decide to leave interest rates unchanged in this meeting as the bloc’s economy is doing relatively well and inflation has largely been contained.

As a result, most analysts expect that the bank will hike rates in the third quarter of next year. However, some analysts expect it to cut in March, with a Bloomberg analyst writing:

“While the ECB appears reluctant to cut rates again, our view is that the risks to our call for no change are skewed to the downside. We think the central bank is underestimating the threat US tariffs pose to the region’s economy.”

Therefore, the upcoming monetary policy meeting will shed light on what to expect in the coming meetings. 

EUR/USD technical analysis 

EURUSD chart | Source: TradingView

The EUR/USD exchange rate has been in an uptrend in the past few days, rising from a low of 1.1463 in November to 1.1740 today. It has formed an inverse head-and-shoulders pattern, a popular bullish continuation sign.

The pair has already moved above this pattern’s neckline, a move that has confirmed its uptrend. At the same time, the Relative Strength Index (RSI) and the MACD indicators have continued rising in the past few weeks.

Therefore, we are staring at a situation where the pair may keep rising as bulls target the next key resistance at 1.1913, its highest level this year. A move above that level will point to more gains, potentially to the psychological point at 1.2000.

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Tilray Brands stock price has rebounded in the past three days, and chances are that the surge will accelerate as a new catalyst emerges. TLRY rose to $8.43, a few days after the company completed its reverse stock split. It has now jumped by 21% from its lowest point this month. 

Trump to push for cannabis reclassification

Tilray stock price surged by over 30% in the extended hours after media reports suggested that Donald Trump was planning to push for the reclassification of cannabis as a less dangerous drug. Other cannabis stocks like Trulieve and Canopy Growth also surged.

According to Bloomberg, the president plans to direct his administration to move to reclassify cannabis, a process that Joe Biden, his predecessor, started a few years ago.

It will be an ironic situation if the deal goes through, as Donald Trump is a Republican, a party that has constantly become a stumbling block for the industry.

Bloomberg noted that the president had discussed that issue with top executives in the cannabis industry, many of whom contributed to his campaign. He also discussed the idea with Robert Kennedy, the Director of Health and Human Services, and Mehmet Oz.

Rescheduling cannabis from Schedule 1 would be a big thing for companies in the industry as it would remove some of the main challenges that they face currently. 

For example, while cannabis is legal in many states, it has become difficult for companies in the industry to operate, especially in the financial sector as many banks don’t serve them.

Additionally, the move will make it easier to buy and sell cannabis in the country. Most importantly, it will help these companies simplify their taxes.

READ MORE: Tilray stock flirts with death cross amid Trump’s silence on cannabis reform

Long pathway to rescheduling 

While Donald Trump’s support for rescheduling is important, it will not be an easy path, which explains why Joe Biden’s attempts failed. 

For one, the president cannot reschedule a drug by executive order. Instead, the process has to go through the normal rule making process that has been on hold since January this year.

At the same time, his efforts may face the legal challenges that Biden faced, with opponents arguing that the process was flawed and downplayed health risks. In a statement earlier this year, Kennedy warned about the public health risks and called for more research.

Most importantly, Donald Trump may face political challenges as most Republicans and evangelical Christians remain opposed to such a move. MAGA political commentators like Tucker Carlson and the Late Charlie Kirk also voiced concerns about the reclassification push.

Tilray Brands stands to benefit 

Tilray stock rose after the report because it would be one of the main beneficiaries of the move since it does not have a cannabis presence in the United States because of the regulatory issues.

The management has always insisted that it would only expand in the United States once regulations changed, which is now a possibility under Trump.

Tilray will likely have two main options in its US expansion. It may decide to sell its brands, which are already popular in Canada, to the country or use some of its cash to acquire existing companies, as it has over $600 million in cash.

Tilray has a long history with acquisitions, some of which have flopped. It acquired Aphria in 2021, a move that created the biggest cannabis company in the industry. Before that, it acquired Manitoba Harvest, and most recently, its buyouts were mostly in the beverage industry. It acquired SweetWater Brewing Company, Molson Coors, and three brands from Molson Coors.

What’s next for the Tilray stock?

Tilray Brands stock | Source: TradingView

Looking ahead, the most likely scenario is where the Tilray stock price surges as investors focus on the reclassification issue.

For example, the stock jumped from a split-adjusted low of $3.6 in July to $23 in October as Trump hinted at this reclassification. A similar move cannot be ruled out and the stock may surge to $20.

Another thing that cannot be ruled out is volatility, which may remain at an elevated level in the coming weeks.

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Coupang stock price has suffered a big reversal in the past few months as a major data breach affected its outlook. CPNG plunged to a low of $25.80, its lowest point since May and ~25% from its highest point this year. So, will the stock rebound as it nears a death cross?

Coupang stock price technicals point to more downside

The daily timeframe chart reveals that the CPNG stock price has come under pressure in the past few months. It has plunged from a high of $34 in October to $25.85 today. 

The stock has moved below the 50% Fibonacci Retracement level. It has also dropped below the 50-day and 200-day moving averages, with the spread between the two narrowing. 

It has also moved below the important support level at $26.15, its lowest point in November. Most notably, it sits below the Ichimoku cloud and the Supertrend indicators.

Therefore, the most likely scenario is where the Coupang share price continues falling, with the next key level to watch being the 61.8% retracement point at $24.7. 

CPNG stock chart | Source: TradingView

Why Coupang share price is crashing

Coupang, a company known as South Korea’s Amazon, has plunged because of a major hack that may cost it billions of dollars over time. It has also cost it its CEO, who resigned earlier this week.

The company has said that the hack compromised over 33 million active users, with the hackers gaining crucial information. Some of the stolen data are on their names, email and phone numbers, and shipping addresses. 

While customers’ data on credit and debit cards was safe, the exposed information can be used for phishing and other crimes. 

The most notable part of the crisis is how Coupang, a company valued at over $47 billion, did not detect the hack for over five months.  

Therefore, there is a likelihood that the company will receive a big fine from regulators. For example, SK Telecom was fined $97 million earlier this year over a leak that exposed 25 million customers.

South Korean lawmakers have suggested that the company should pay ~Won 1.2 trillion ($814 million), under a law that punishes firms that don’t adequately protect customer data. These firms are fined ~3% of their annual revenues. 

Hack to hurt growth and profitability, but turnaround is possible

The most recent results showed that Coupang’s business continued its grow in the last quarter. Its revenue rose by 18% to $9.3 billion, while its operating and net income rose to $162 million and $53 million, respectively. 

The company continued to repurchase its stock, a move that it hopes will lead to higher earnings per share (EPS) in the long term. 

However, the main issues is that the recent hack may lead to short-term volatility that will hurt its growth. It may also push the company to boost spending on cybersecurity, hurting its profitability. 

In the long-term, however, the company will execute a turnaround  as ther firms have done before. For example, Equifax, a major credit rating company, suffered a hack that exposed data of over 147 million users. A breach on Mariott exposed over 500 million users. 

Other companies that have suffered these breaches are Uber, Capital One, and Colonial Pipeline. Historically, these companies have all bounced back from these serious hacks. 

Therefore, while the Coupang stock price sell-off may continue, there is a likelihood that it will bounce back eventually. 

The post Coupang stock stuck in a bear market after breach: will it rebound? appeared first on Invezz

Silver price refreshed its record high on Friday, proving that the rally was not just Fed-driven. With the persistent economic uncertainties and geopolitical risks, investors are seeking exposure in the white metal, which they expect to rally further. This sentiment has bolstered silver ETF inflows, with November marking its highest level since July. Besides, its industrial demand has surged at a time when the physical market is experiencing supply tightness.   

Silver price analysis beyond the Fed decision

The SLV ETF stock has been on a parabolic surge in recent weeks; refreshing its all-time high several times along the way. Notably, one of the key drivers of this spike has been expectations of an interest rate cut by the Federal Reserve. As such, it appeared likely that a hawkish guidance would ease the rallying while strengthening the US dollar. 

True to the financial markets’ expectations, the Fed cut interest rates by a quarter percentage point, bringing the lending rates to between 3.5% and 3.75%. This third reduction of the year came amid differing opinions among the policymakers with Jerome Powell terming the vote as “a close call”. 

While the central bank does not see a rate hike as being the base case for the coming months, its outlook is for one cut in 2026. According to Powell, it has done enough to help normalize the US labor market while allowing inflation to resume its decline towards the 2% target. 

Ordinarily, a hawkish tone from the Fed would weigh on silver prices. However, its movements after the FOMC statement have indicated that the rally is not merely Fed-driven. Instead, heightened demand and supply tightness in the physical market remain the primary drivers of the uptrend. 

Compared to gold’s price surge of about 60% ytd, silver price has more than doubled its value since the start of 2025. While gold has recorded stellar performance this year, investors have embraced the white metal as a preferred alternative for jewelry and investment. Its industrial demand has also surged from products like medical technology, solar panels, and EVs.

Besides, steady ETF inflows have bolstered the rally as investors expect economic uncertainties and geopolitical risk to sustain the precious metal’s safe-haven appeal. In November, silver ETF inflows hit the highest level since July at 15.7 million ounces. With this solid demand outlook, SLV silver ETF will likely extend its uptrend; at least in the short term.     

SLV ETF stock technical analysis

SLV ETF stock chart | Source: TradingView

On Wednesday, the iShares Silver Trust ETF extended gains from the previous session to hit a fresh record high of $566.07. Since retesting its 2012 levels about two weeks ago, the top silver ETF has recorded six fresh all-time highs as physical demand surges and supply tightens. 

A look at its daily chart indicates that the rallying has pushed the asset to the overbought territory at an RSI of 75. While a corrective pullback is expected in the near-term, the bulls have the chance to push SLV silver price higher as more buyers seek exposure. 

At its current level, further rallying will likely see it reach $57 and beyond as the bulls eye the crucial zone of $60. On the flip side, the expected healthy decline may have the silver ETF gain support at the previous resistance level of $53.29. A further pullback will likely activate the lower support along the short-term 25-day EMA at $49.47. 

The post SLV ETF stock analysis as silver prices momenttum gains steam appeared first on Invezz

The GM stock price has been in a strong bull run this year and is beating most companies in the S&P 500 Index by far. General Motors has jumped by nearly 55% this year, bringing its market capitalization to over $75 billion.

General Motors’ business is doing well

A few months ago, there were concerns about General Motors and other American automakers after Donald Trump announced his reciprocal tariffs.

The tariffs meant that importing key raw materials was always expensive as the US still has limited resources.

These fears explain why the GM stock price plunged to $47 in April once the tariffs took effect.

Less than a year later, the stock has jumped to a record high, its sales are doing well, and Wall Street analysts are highly bullish on the company.

This optimism was because Donald Trump negotiated trade deals with most countries, including those in Europe and in China. He has also eased the auto tariffs he implemented. For example, vehicles assembled in the US can now qualify for partial reimbursement on parts-related levies.

Additionally, auto manufacturers can receive offsets equal to 3.75% of MSRP for vehicles assembled in the country.

The most recent results showed that the company’s revenue stood at $48.5 billion in the third quarter of the year, while its net income dropped by 56% to $1.32 billion as the company adjusted to the new era of Trump’s tariffs.

GM made over $139 billion in the first nine months of the year, with its net profit falling to $7.3 billion.

Analysts are optimistic about the GM stock 

Wall Street analysts are highly upbeat about the GM stock, citing the ongoing execution by the management.

The average estimate among analysts is that the company’s annual revenue will drop by 0.91% this year to $185 billion. They also expect the company to return to growth in the coming years, reaching $186.53 billion.

Most importantly, analysts expect the company’s annual earnings per share to improve from $10.28 this year to $11.57 next year.

The company is benefiting from several key catalysts, including its focus on high-margin trucks and the fact that the management has scaled back its investment in the electric vehicle industry.

In a recent note, analysts at Morgan Stanley upgraded the company’s stock forecast to $90 from the previous $54. The analyst pointed to the company’s capital discipline and the favorable mix of trucks.

Goldman Sachs analysts maintained their buy rating, while Evercore ISI, Tigress, and Citigroup analysts maintained their bullish outlooks. 

However, the risk is that the current stock price is in line with the average estimate by top Wall Street analysts, a sign that it may have limited upside.

The other risk is that the company has become highly overvalued, with the current forward PE ratio of 6.8 being higher than the 4.8 it had in the same period last year. Its PEG ratio of 1.85 is also quite high.

GM share price technical analysis

General Motors stock price chart | Source: TradingView 

The weekly timeframe chart shows that the GM stock price has been in a strong uptrend since it formed a double-bottom pattern $29.06 in July 2022 and November 2023.

A double bottom is one of the most popular bullish reversal signs in technical analysis. It has now moved above the key resistance level at $60.53, its highest point in November last year, and $64.72, its January 2022 high.

The stock has moved above all moving averages, while top oscillators show that the stock has become highly overbought.

Therefore, the most likely scenario is where the momentum continues in the near term as bulls target the psychological level at $90. However, there is a risk that it will suffer a harsh reversal in 2026 as bears target the next key support level at $64.72. Such a move would be a 20% drop below the current level.

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The DJT stock price has collapsed this year as the company’s pivot to the crypto industry backfired, its core business struggled, and Donald Trump’s approval ratings plunged. Trump Media stock was trading at $11.30 on Thursday, a few points above the year-to-date low of $10.18. It remains much lower than the November high of $54.60.

Trump Media’s pivot to crypto has backfired

A key approach in business earlier this year was that many struggling companies pivoted to the crypto industry, hoping to become as successful as Michael Saylor’s Strategy, which transformed from a struggling software company into a multi-billion-dollar company by just accumulating Bitcoin.

Strategy’s stock soared, with its market capitalization hitting over $120 billion at its peak. Most importantly, the gap between its market capitalization and its Bitcoin holdings continued to extend, which made it easier for the management to raise capital and continue its accumulation. 

Trump Media, a company whose social media app failed to gain traction, entered the industry and accumulated 11,542 coins at an average price of $118,529. The hope was that this accumulation would give it a high premium, as Strategy had before.

However, this accumulation happened at the wrong time as Bitcoin was starting to decline, eventually reaching a low of $80,000. The company’s Bitcoin holdings are now down by 24% from that purchase price.

At the same time, demand for Bitcoin treasury companies has largely faded, with most of them having a negative market net-asset value (mNAV). In a shocking statement recently, Strategy’s CEO warned that the company may be forced to sell some of its Bitcoin holdings to pay its dividends.

To be clear: it is likely that the Bitcoin price will eventually rebound as it has done many times before. Such a move will likely lead a higher value to Trump Media’s coins and possibly that stock.

The Truth Social app has not gained traction 

The DJT stock price has also imploded as Truth Social, its social media platform, failed to gain traction.

Donald Trump launched  Truth Social when Facebook, Twitter, and other social media platforms banned him. There were increased concerns that these big Silicon Valley companies were discriminating against Conservatives.

However, one major thing changed: Elon Musk acquired Twitter and changed its name to X. Most importantly, he allowed free speech by letting people express themselves without much intervention.

As a result, most people who would have used Truth Social turned back to X, which is a bigger and more vibrant network with people from across the political divide.

Website traffic data shows that Truth Social users have stalled, with Trump being the only major person on the network. Its traffic has been in a strong downward trend in the past few months, a move that has coincided with his falling approval rating.

At the same time, there was hope that advertisers seeking favor with the president would advertise on the platform, mirroring what they did with his hotel in the last administration. However, this has not been the case as the company is now making less than $1 million quarterly.

DJT stock price technical analysis 

Trump Media stock | Source: TradingView

The daily timeframe chart shows that the Trump Media stock price has been in a strong downward trend this year and has continued making a series of lower lows and lower highs.

The stock recently dropped below the important support level at $15.50, its lowest level in April and August.

DJT stock has moved below all moving averages and is now forming a bearish flag pattern. Therefore, the most likely scenario is where the stock continues falling, potentially to the key support level at $5. The bearish outlook will become invalid if it moves above the key resistance level at $15.52.

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Boeing stock price has come under pressure in the past few months, moving from the year-to-date high of $242.50 in July to the current $200. This crash has happened even as the company’s business and turnaround measures improved. So, is it safe for the company to buy the dip?

Boeing turnaround is accelerating 

Boeing, the biggest aircraft manufacturer in the United States, is experiencing substantial success as it continues to implement its turnaround measures after moving from one crisis to another in the past few years.

The most important aspect about this turnaround is that the company has not had an issue since 2024, a move that has helped the company continue to improve and accelerate its turnaround.

This trend has helped it continue to receive substantial orders from airlines as it continues to bridge the gap with Airbus. As a result, the most recent results showed that the company’s backlog jumped to 5,900 planes worth over $636 billion.

In November, the company booked 164 gross orders, with half of them coming from its 778X jets. It has now received 1,000 orders through November this year, passing Airbus, which recorded 797 planes. 

Airbus has struggled as it has suffered some major challenges, including a recent software issue. At the same time, the FAA recently asked airlines of Airbus A320 to perform more inspections of door fasteners.

Boeing’s business has also benefited as the FAA has allowed the management to make 42 Boeing 737s a month. While the management has welcomed the new blessing, it is taking its time to ensure that the quality of its planes is of good. The management expects that the FAA will give it another approval for its smallest variant of the 737.

READ MORE: Boeing stock price analysis: brace for turbulence ahead of a rebound

Boeing to generate more money in 2026

Barring any major mechanical issues, Boeing hopes to generate robust cash in 2026 as it completes its turnaround measures.

The most recent results showed that the company’s revenue rose to $23.3 billion as it delivered 160 planes during the quarter. Its revenue was up by 30% from what it made last year, while its nine-month revenue rose by 28% to $65 billion.

Its loss improved to $5.3 billion, a figure that included a $4.9 billion charge associated with the updated 777x certification timing. 

The company now hopes to accelerate generating substantial amounts of cash in the coming years. Its ultimate goal is to hit an annual free cash flow of $10 billion in the next few years. This will be a big figure for a company that analysts believe will make $2.46 billion in FCF next year. 

Still, the company faces some major headwinds. For example, it needs o repay debts worth over $8 billion next year. It also needs to pay another $3 billion through its Spirit AeroSystems buyout, which it closed this week. 

The deal will see the company take over units from its biggest supplier. It will also expand its maintenance, repair, and overhaul services. Airbus, which is a Spirit customer, will take over some of Spirit’s operations.

Boeing stock price technical analysis

BA stock chart | Source: TradingView

The daily timeframe chart reveals that the BA stock price bottomed at $176.68 in November. It then rebounded and has now moved to the psychological point at $200. 

The stock is now stuck at the 38.2% Fibonacci Retracement level. It is also below the 50-day and 100-day moving averages and the Supertrend indicator. 

It has also formed a descending broadening wedge pattern. There are also signs that it has formed an island reversal pattern. Therefore, the most likely scenario is where it resumes the downtrend and retests the support at $190. It will then rebound, and possibly retest the year-to-date high of $242 in 2026.

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Ethereum price has stabilized above the key support level at $3,000 as demand for the coin continues rising. ETH token was trading at $3,260, up sharply from the November low of $2,618. This article explores the bullish case for ETH and why it may jump to a record high soon.

Ethereum price has strong technicals

The first main bullish case for Ether is that it has strong technicals. The daily chart shows that the token has rebounded from the November low of $2,618 to the current $3,260. 

It has already moved above the upper side of the falling wedge pattern, which is one of the most popular bullish reversal patterns in technical analysis.

The token is now attempting to move above the 50-day and 200-day Exponential Moving Averages (EMA). It is also attempting to move above the Supertrend indicator, one of the most accurate indicators in technical analysis.

Therefore, the token will likely continue rising in the coming weeks, with the next key target to watch being the psychological level at $4,000. A move above that level will point to more gains, potentially to the psychological level at $4,950, its highest level on August 24, up by 52% from the current level.

The bullish Ethereum price prediction will become invalid if it tumbles below the November low of $2,620, its lowest level in November. Such a move will confirm that bears have prevailed.

ETH price chart | Source: TradingView

Ethereum is Winnie the layer-1 game 

The other main catalyst for Ethereum price is that the network has largely won the layer-1 industry despite the rising competition from the likes of Plasma, Monad, Midnight, Solana, and BSC.

Third-party data shows that the network has continued to gain market share despite this competition. For example, data compiled by DeFi Llama shows that Ethereum has a total value locked (TVL) of $150 billion in the decentralized finance industry, giving it a market dominance of 77%. 

In contrast, Solana has a TVL of  $20 billion, while BSC and Plasma have $9.5 billion and $5.3 billion, respectively. These numbers mean that the network is firing on all cylinders, a move that will accelerate after the Fusaka upgrade, which was implemented last week. Ethereum has a bridged TVL of over $463 billion, higher than other networks, combined. 

Additionally, the network is a juggernaut in the stablecoin industry, where its market capitalization has jumped to $166 billion, much higher than Tron, which has over $81 billion in stablecoin supply. In contrast, Solana and BSC have $16.50 billion and $14 billion, respectively.

The same is happening in the Real-World Asset (RWA) tokenization industry, where Ethereum holds most of the assets. Data shows that it holds over $12 billion of the $18 billion in the sector. 

Ethereum is benefiting from its history and the fact that the developers have continued to improve its performance over the years, including through its regular upgrades that have made it a faster and less expensive network.

ETH supply in exchanges has tumbled 

More data shows that demand for Ethereum has jumped in the past few months, a trend that will continue. 

Ethereum ETFs have brought in over $12 billion in inflows since their inception. This growth will continue now that BlackRock has applied to a staked ETH ETF, which will allow users to earn a monthly return.

Additionally, the staked market capitalization has jumped to over $116 billion, giving it a staked ratio of 30%. 

Most importantly, Tom Lee’s BitMine Immersion has continued to accumulate Ethereum tokens and now holds 3% of the tokens in circulation. Its goal is to eventually hold about 5% of the tokens, a move that will lead to more demand.

All this is happening at a time when the supply of Ethereum on exchanges has tumbled to the lowest level on record. As such, soaring demand and falling supply is a sign that the token will continue rising.

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