Joby Aviation stock price has been in the spotlight in the past few days after it raised money from Toyota. It also jumped on Friday after the Trump administration announced measures to unleash the drone dominance, including in the eVTOL space.
JOBY was trading at $8.12 on Friday, up by 63% from its lowest point this year. Similarly, Archer Aviation (ACHR) stock jumped to $10.20, up by 9.95% from its lowest point this year.
Why Joby Aviation stock price has risen
Joby Aviation share price rose this month after Toyota, one of the top manufacturers, released $250 million to the company. These funds were part of the previously announced $500 million investment last year.
Joby Aviation hopes to use the funds to fund its obligations, including manufacturing, certification, and other administrative purposes. It also aims to boost its balance sheet, which ended the last quarter with over $812 million in cash and equivalents.
Joby has achieved a lot in the past few years, including on certifications. It has completed most of the certifications and is remaining with the fourth and fifth stages, which include testing and analysis, and show & verify. Joby hopes that it will receive full certification later this year.
The stock also jumped after the White House released a statement in support the industry, noting that:
“The time has come to accelerate testing and to enable routine drone operations, scale up domestic production, and expand the export of trusted, American-manufactured drone technologies to global markets.”
This statement means that the administration will work to speed the approval process for products by Joby Aviation and other companies in the industry.
However, the real impact of the executive order on the business will largely be muted.
Joby is a high-risk and high-reward investment
The reality with Joby Aviation and other eVTOL companies is that they are high-risk and high-reward firms.
They are high-risk companies because the industry is new and their business models has not been tested before. As such, while the estimate is that the eVTOL industry will grow from $0.51 billion in 2024 to $1.75 billion, these numbers are based on assumptions since it is a new industry.
Also, it is still unclear whether Joby Aviation’s business model will work out well in the long term. Joby aims to be an operator of air taxis and a seller of its eVTOL to customers. It has already reached deals with Delta Air Lines for this approach.
Therefore, as a high-risk and high-reward company, its stock price will surge if the business thrives and crash if the business struggles.
One positive is that only a handful of companies are building eVTOLs in the US, meaning that Joby and Archer Aviation may become duopolies in the future.
The daily chart shows that the JOBY share price was trading at $8.12 on Friday, up from the support at $7.66, its highest point in July last year. It has formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other.
Joby has moved above the strong pivot reverse point at $7.8. It has also formed an inverse head and shoulders pattern, a popular continuation pattern.
Therefore, the stock will likely continue rising as bulls target the overshoot point at $10.15, up by 26% from the current level. A move below the support at $7 will invalidate the bullish view.
The United States and China are set to reopen high-stakes trade negotiations in London on Monday, aiming to revive a fragile truce on tariffs and technology restrictions after weeks of recriminations.
The meeting follows a phone call last week between President Donald Trump and Chinese leader Xi Jinping that both sides described as constructive.
The renewed dialogue is focused on easing export controls and restoring the flow of critical materials, particularly rare-earth minerals, after a breakdown in talks that began in Geneva last month.
Since then, relations between the world’s two largest economies have soured, with the US accusing China of withholding key exports, and Beijing bristling at Washington’s clampdown on advanced technology.
The new round of negotiations came after Trump said his phone conversation with Xi on Thursday mainly focused on trade and had “resulted in a very positive conclusion for both countries”.
China, in turn, announced that Vice Premier He Lifeng would travel to the UK from June 8 to 13 for discussions under the “China-US economic and trade mechanism.”
Over the weekend, Beijing also approved certain applications for rare-earth exports, though it stopped short of disclosing details about the recipients.
Kevin Hassett, head of the National Economic Council, emphasized that the US wants a swift return to normal trade in rare earths.
“We want the rare earths, the magnets that are crucial for cell phones and everything else to flow just as they did before the beginning of April, and we don’t want any technical details slowing that down,” Kevin Hassett, head of the National Economic Council at the White House, said Sunday on CBS’s Face the Nation.
“And that’s clear to them.”
Stumbling blocks remain after Geneva deal falters
In May, both countries struck a tentative agreement in Geneva to temporarily lower tariffs that had risen to over 100%.
However, talks soon stalled, with each side accusing the other of backtracking.
The US was particularly alarmed by a drop in rare-earth magnet shipments used in electric vehicles and military hardware.
China, meanwhile, protested new American restrictions on AI chips, chip design software, and visa curbs affecting over 280,000 Chinese students.
Monday’s negotiations in London will bring together US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer.
Their Chinese counterparts will be led by Vice Premier He.
Observers note the presence of Lutnick — key architect of technology export curbs — as a sign the White House is open to revisiting measures that have rattled Beijing’s economic ambitions.
Uncertain path to progress as tariffs loom
Although Wall Street responded with guarded optimism following the Trump-Xi call, few expect a breakthrough.
Analysts at Bloomberg Economics cautioned that unlike the Geneva talks, there’s no urgency to reduce tariff levels and the talks are likely to be bogged down by thornier issues.
“This time around there’s no such low-hanging fruit,” Adam Farrar and Michael Deng of Bloomberg Economics wrote in a report ahead of the talks, the publication said.
“With more complex issues on the table, it will be harder for either side to walk away with meaningful new outcomes.”
The White House has hinted that if no deal materializes, Trump will reinstate higher tariffs in August.
That would mark a return to the more punitive duties announced in April, reversing the temporary reprieve granted after the Geneva framework.
China’s official tone has softened, with a Xinhua commentary urging the US to abandon its “security lens” on economic issues.
Still, it acknowledged that both nations share “extensive common interests” and called the economic relationship one of “mutual benefit and win-win results.”
Economic pressures on both sides
Behind the negotiating table, domestic pressures weigh on both leaders.
Trump, seeking re-election, is eager to show progress on trade.
Xi, facing economic headwinds ranging from deflation to youth unemployment, also has incentives to stabilize relations.
Despite tightening rare-earth exports, China appears open to engagement, with Xi reportedly telling Trump that he hopes to see the US “withdraw the negative measures it has taken.”
After their call, China’s foreign ministry said Trump extended a welcome to Chinese students — a gesture seen as symbolic amid broader tensions.
“It would be my honor to welcome them,” Trump later said.
Still, as the London talks begin, seasoned observers remain cautious.
“The US and China “just want to get back to where they were in Switzerland with a few more agreements down on paper to actually understand what is gonna be licensed, what gets permitted, what doesn’t,” said Josh Lipsky of the Atlantic Council.
Whether that clarity emerges in London remains to be seen.
European stock markets started the week on a slightly softer note Monday, with investors showing a bit of caution as they awaited highly anticipated trade talks between China and the United States, set to take place in London.
Hopes are pinned on these discussions to bring an end to the long-running and often contentious trade dispute between the two global economic giants.
Around 03:15 ET (07:15 GMT), the DAX index in Germany had dropped by 0.4%, while the CAC 40 in France slipped 0.1%, and the FTSE 100 in the UK fell by a similar 0.1%.
This slight pullback suggests a wait-and-see approach from market participants ahead of the key diplomatic engagement.
High stakes diplomacy: US and China convene in London
Representatives from the world’s two largest economies are expected to meet in the UK capital later in the session.
This meeting gains added significance as it comes less than a week after a rare, direct phone call between Chinese President Xi Jinping and US President Donald Trump.
President Trump announced on Friday that Treasury Secretary Scott Bessent will lead the US delegation.
China’s foreign ministry, earlier on Monday, confirmed their participation in these high-level trade talks.
Investors are hopeful that these discussions will lead to a more lasting de-escalation in the US-China trade conflict.
This follows a temporary agreement in mid-May where both sides agreed to slash their respective trade tariffs, albeit for a limited period.
There have already been some tentative signs of easing tensions.
For instance, US aerospace giant Boeing (NYSE:BA) has reportedly resumed deliveries of new planes to Chinese customers, after halting them in April when both countries were ramping up tariffs on each other.
Economic backdrop: Chinese trade data underwhelms, European inflation eyed
While the economic data calendar in Europe is relatively light on Monday, recent trade figures from China painted a challenging picture.
Growth in Chinese exports missed expectations, and notably, Chinese exports to the US plunged by over 34% compared to a year ago.
Imports into China also shrank substantially more than analysts had predicted.
Adding to the concerns, Chinese consumer inflation contracted for a fourth consecutive month, although this was slightly less than expected. Producer inflation in China, however, fell more than anticipated.
Looking ahead in Europe, regional inflation data is due at the end of the week.
This will be closely watched, especially after the European Central Bank hinted last week, following its interest rate cut, that it was nearing the end of its current policy easing cycle, suggesting another cut in July was unlikely.
Corporate focus: Tesla remains in the spotlight amid Musk-Trump feud
With the European corporate earnings season largely concluded, individual stock focus is likely to remain on companies sensitive to global sentiment and specific news events.
Tesla (NASDAQ:TSLA) continues to be a point of interest, partly due to the ongoing public feud between its CEO, Elon Musk, and President Trump.
Despite the recent volatility, Morgan Stanley has maintained its “overweight” rating on the electric vehicle manufacturer, seeing a potential upside of nearly 39% from the stock’s closing price on Friday.
Tesla shares had plummeted by nearly 15% last week as both Musk and Trump engaged in personal attacks against each other on social media.
However, Morgan Stanley, in a research note, stated, “while emotions are running high, we are not convinced the longer-term vectors that drive the stock’s value have changed.”
Oil prices ease but hold onto weekly gains
Oil prices slipped lower on Monday morning but managed to retain most of the gains achieved last week.
Traders are closely monitoring for any news emerging from the US-China trade talks in London.
At 03:15 ET, Brent futures slipped 0.5% to $66.14 a barrel, and US West Texas Intermediate crude futures fell 0.4% to $64.30 a barrel.
The prospect of a US-China trade deal has recently boosted some investors’ risk appetite and supported oil prices, based on hopes that a resolution would stimulate economic growth and, consequently, demand for energy.
Brent crude had advanced 4%, and WTI gained over 6% last week, marking their first weekly gain in three weeks.
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth.
This week’s most notable news is that Tether announced a partnership with Orionx to boost the use of Stablecoins in the region.
On the other hand, World and Rappi teamed up to enhance digital ID verification in Argentina. This is a significant step toward safe and anonymous digital identities in Latin America.
Tether backs Orionx to expand Stablecoin use in Latin America
With operations in Chile, Peru, Colombia, and Mexico, Orionx specialises in integrating stablecoin-based solutions into both B2B and consumer-facing platforms.
This collaboration intends to improve financial inclusion and operational efficiency throughout Latin America, particularly in locations where traditional banking is inaccessible or expensive.
According to Tether, this relationship is part of a larger initiative to promote digital financial options in underdeveloped regions.
Between July 2023 and June 2024, Latin America experienced over $415 billion in cryptocurrency activity, with stablecoins playing a key role in cross-border transactions.
In nations such as Argentina and Brazil, where inflation and currency depreciation are persistent issues, stablecoins are increasingly viewed as a dependable store of value and payment option.
World and Rappi bring digital ID verifications to Argentina
Previously, people had to go to a physical site to validate their World ID with an Orb. Now, thanks to this collaboration, the verification procedure can be initiated directly from the Rappi app, just like ordering food, providing ease and accessibility from the comfort of home.
This is a significant step toward safe and anonymous digital identities in Latin America.
Leaders from both World and Rappi emphasised the potential of technology to create inclusive progress throughout the region.
While the program begins in Argentina, both firms intend to expand the service throughout the country and Latin America by the end of 2025, to simplify digital identity access for thousands.
Bitget sets bold expansion goals in Argentina
According to Carolina Gama, Bitget’s Country Manager, Argentina is a significant strategic market for the company, to double both its user base and trading volumes by 2025.
After a 68% increase in users and a 34% increase in transaction volume in 2024, Bitget owes its success to favourable local and international conditions, notably Argentina’s political move toward pro-crypto laws under President Javier Milei.
Gama also emphasised the significance of regulatory clarity, citing Bitget’s support for the CNV’s role in supervising virtual asset service providers.
She highlighted Bitget’s dedication to transparency, user protection, and innovation.
As stablecoins edge closer to mainstream adoption, a whirlwind of corporate and legislative activity is reshaping the financial landscape in the United States.
On Thursday, Circle Internet Financial made a stunning debut on the New York Stock Exchange, soaring 168% as investors rallied behind the company that issues USDC—the second biggest stablecoin after Tether.
By Friday, Circle’s stock was up another 38%, underscoring the growing investor appetite for digital assets tethered to fiat currencies.
Jeremy Allaire, Circle’s co-founder and CEO, captured the mood in a Bloomberg interview, declaring, “The world has already woken up to the fact that stablecoin money is here to stay.”
Circle’s eye-catching debut arrives just as lawmakers prepare to pass a bill that could overhaul the $250 billion stablecoin market and redefine how digital dollars are used.
That sentiment now seems to be shared by a widening circle of corporate leaders, policymakers, and financial institutions.
Ripple’s RLUSD stablecoin gains traction
Ripple, another heavyweight in the crypto payments space, has quietly expanded its reach.
In December 2024, the company launched RLUSD—a dollar-pegged stablecoin issued on both the Ethereum blockchain and XRP Ledger.
This approval not only integrates RLUSD into Ripple’s licensed payment platform but also authorizes its use by other regulated firms operating in the DIFC.
Ripple’s dual strategy—supporting both crypto-native infrastructure and institutional compliance—highlights the hybrid approach now defining the stablecoin space.
Big banks quietly explore issuing a shared stablecoin
The country’s largest banks—including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo—are reportedly in early discussions to create a jointly issued stablecoin, according to the Wall Street Journal.
These conversations, involving companies like Early Warning Services (the operator of Zelle) and the Clearing House, reflect growing anxiety over losing ground in the rapidly shifting payments landscape.
A unified banking stablecoin would serve not only to preserve incumbents’ influence over the $5 trillion US payments industry but also to compete with emerging crypto-native solutions.
The idea remains in its infancy, but sources say the goal is to develop a token usable across institutions and eventually even outside the banking sector.
Deutsche Bank AG is also examining stablecoins and different forms of tokenized deposits.
Germany’s largest lender is evaluating stablecoin options, which could include issuing its own token or joining an industrywide initiative, Sabih Behzad, Deutsche Bank’s head of digital assets and currencies transformation, said in an interview.
From Uber to Stripe: tech and fintech players test the waters
The momentum is not confined to banks.
At the Bloomberg Tech Summit in San Francisco on June 5, Uber CEO Dara Khosrowshahi revealed that the ride-hailing company is actively evaluating stablecoins as a cheaper, faster method for moving money globally.
“We’re still in the study phase, I’d say, but stablecoin is one of the, for me, more interesting instantiations of crypto that has a practical benefit other than crypto as a store of value,” he said.
John Collison, co-founder of payments giant Stripe, also told Bloomberg in May that the company had begun early discussions with banks about integrating stablecoins into their services.
PayPal, meanwhile, has already taken the leap: its stablecoin, PYUSD, launched in 2023, was used in its first commercial transaction in 2024 to pay Ernst & Young.
The GENIUS Act: Capitol Hill readies first major stablecoin legislation
Adding fuel to the fire is a major legislative milestone. The GENIUS Act—short for “Guiding and Establishing National Innovation for US Stablecoins of 2025”—is expected to pass the US Senate within days.
If enacted, it would provide the first comprehensive federal framework for stablecoin regulation, creating clear rules around issuance, reserve requirements, and consumer protections.
Supporters, including crypto industry players who poured significant funds into election campaigns, say the bill would bring much-needed legitimacy to the market and catalyze institutional adoption.
Christian Catalini, founder of MIT’s cryptoeconomics lab, said the bill could trigger competition between Wall Street firms and crypto startups to issue their own stablecoins.
Some lawmakers express concerns
However, not everyone is on board.
Senator Josh Hawley, a Republican from Missouri, has pledged to vote against the bill in its current form, warning that it hands too much financial control to tech firms.
“It’s a huge giveaway to Big Tech,” he told reporters.
Hawley expressed concern that tech companies could issue stablecoins with limited oversight and then leverage them to expand surveillance of users’ financial behavior.
“It allows these tech companies to issue stablecoins without any kind of controls,” he said. “I don’t see why we would do that.”
These are not unfounded fears.
Facebook’s earlier stablecoin project—originally known as Libra and later Diem—died in 2022 after intense regulatory backlash, including from Federal Reserve Chair Jay Powell, who cited “serious concerns” about the implications for global monetary policy.
The promise and peril of stablecoins
Despite growing institutional interest, stablecoins are not without risk.
Their fundamental appeal lies in their price stability—most are pegged 1:1 to the U.S. dollar or other assets.
Yet history has shown that not all pegs hold.
In 2022, TerraUSD—an algorithmic stablecoin—collapsed, wiping out billions in value and sparking a crisis of confidence in the asset class.
“If the assets backing the coin drop in value and the one-to-one peg falls apart, it could cause the equivalent of a bank run,” warned Darrell Duffie, a finance professor at Stanford, in a CNN report.
There are also practical concerns: users losing access to wallets, a lack of transparency in reserve holdings, and security vulnerabilities still haunt the market.
But these concerns have not dulled the enthusiasm of corporations looking to bypass slow, expensive traditional rails in favor of more agile digital payments.
A turning point for money itself
As Circle’s IPO excitement ripples through Wall Street and the GENIUS Act inches closer to becoming law, stablecoins are no longer on the fringes of finance.
They’re fast becoming one of its most consequential innovations.
What began as a speculative experiment in crypto trading is now poised to reshape everything from remittances and business-to-business payments to how we define and distribute money.
Whether powered by banks, tech giants, or crypto-native firms, the stablecoin era is here, and it’s moving fast.
Stitch Fix stock price has jumped in the past few weeks as investors bought the dip despite its business facing major challenges. SFIX shares will be in the spotlight on Tuesday when the company publishes its financial results.
Stitch Fix business has faced major challenges
Stitch Fix is an e-commerce company that sought to disrupt the apparel industry using e-commerce and subscriptions. Subscribers receive unique outfits every month, select those that please them, and then return the rest.
Stitch Fix became a highly popular company a few years ago because its business approach allowed for a win-win situation. Customers received unique products monthly and paid for what interested them, and the company made money.
Recently, however, Stitch Fix business has slowed substantially because of the subscription fatigue among customers. As a result, its annual revenue dropped from over $2.1 billion in 2021 to $2 billion in 2022, and $1.59 billion and $1.3 billion in the following two years.
The trend continued in the last quarter, when its sales fell. Its revenue dropped by 5.5% to $312 million, while active clients dropped by 2.6% to 2.37 million QoQ and by 15.5% from the same period last year. It had over 3.28 million in 2023.
The management expects that the business will continue to slow. Its guidance was that its sales in the recent quarter would be between $311 million and $316 million, a 3.6% decline.
Its annual revenue guidance is that revenue will be between $1.225 billion and $1.24 billion, while its adjusted EBITDA will be between $40 million and $47 million.
If these numbers are correct, they mean that the sales will drop by between 8.4% and 7.3% this year.
Why SFIX stock has jumped
Therefore, the Stitch Fix stock price has jumped as investors believe that the company, under Matt Baer, is starting to turn the corner. For one, he has implemented some changes as he refocuses on profitable growth.
For example, he shut down UK operations and continued to improve its cost structure. For example, he removed over $100 million in SG&A last year as he targets profitability in the coming years.
Wall Street analysts expect that Stitch Fix’s annual revenue will be $1.23 billion this year, followed by $1.2 billion next year. They also see the earnings per share moving from $0.3 this year to $0.25 next year.
The company is also monetizing the current customers well as the revenue per active client has jumped to $537, up from $515 last year.
However, the company faces major risks ahead despite making progress. The main risk is that its active customers may continue falling because of the regular deliveries. When you receive clothes per month for so long, chances are that you will have fatigue over time.
The weekly chart shows that the SFIX stock price has remained in a tight range in the past three years. This performance mirrors that of other pandemic winners like Zoom Video and PayPal.
The stock has remained between $2.80 and $5.20 in this period, and is now approaching the upper side.
It has formed an inverse head-and-shoulders-like pattern, a popular bullish reversal sign. It is now nearing the upper side at $5.20.
There are signs that the stock has moved to the accumulation phase of the Wyckoff Theory. This means that it may stage a strong comeback as bulls target the psychological point at $10. The alternative scenario is where it resumes the downtrend and retests the lower side of the channel.
Adobe stock price has moved sideways in the past few days as investors wait for its earnings, which will shed more color on its progress on artificial intelligence. ADBE was trading at $415 on Friday, up by 25% from its lowest point this year.
Adobe earnings ahead
Adobe, the company behind popular software like Photoshop, InDesign, and Lightroom, has underperformed its top peers in the past few years.
Its stock is barely moved in the past five years, while the S&P 500 Index has jumped by 113% and Microsoft has soared by 150% in the same period.
The company’s underperformance is mostly because its growth has slowed, and its investments in artificial intelligence are yet to pay off. Most notably, companies like Figma and Canva have disrupted some of its business.
Therefore, Adobe stock price will be in the spotlight this week as it publishes its quarterly results.
Data compiled by Yahoo Finance shows that the average revenue will be $5.8 billion, a 9.2% increase from the same period last year. In contrast, other top software companies like Microsoft and ServiceNow are growing by double digits.
The average earnings estimate is $4.97, up from $4.48 last year. The highest estimate is that Adobe’s EPS will be $3.9. They also expect the company’s annual revenue to be about $23.4 billion, representing a 9.1% annual growth.
While Adobe issued a weak forward guidance, there are odds that the company’s actual numbers will be better than expected. It has a long record of beating analysts estimates.
The most recent results showed that Adobe’s revenue jumped by 10% in the first quarter to $5.71 billion.
Its cash flow from operations rose to $2.48 billion, while the company continues repurchasing its stock. It bought 7 million shares, bringing its outstanding shares to 435 million, down from 479 million in 2021.
Share repurchases help a company boost its stock by increasing its earnings per share.
ADBE is a cheap stock
Valuation metrics show that Adobe is a fairly cheap company. It has a forward price-to-earnings ratio of 20, a few points lower than the sector median of 22.
Its forward EV-to-EBITDA ratio of 15 is also lower than other companies in the software industry.
The most popular way to value a SaaS company like Adobe is known as the rule-of-40, which looks at its growth and margins. In its case, it has a trailing twelve-month revenue growth of 10.5% and a net income margin of 31%, giving it a multiple of 41.
When using free cash flow, the company has a rule-of-40 metric of 47%, making it highly undervalued. Adobe is cheap because of its slow growth and the fact that it has not succeeded in monetizing its AI tools.
The daily chart shows that the ADBE share price has bounced back in the past few months. It has moved above the upper side of the descending channel that connects the highest swing since September last year.
The stock has also moved above the 50-day and 100-day Exponential Moving Averages (EMA). Also, the Relative Strength Index (RSI) and the MACD have pointed upwards.
Therefore, the stock will likely have a bullish breakout, with the next point to watch being at $500. However, a drop below $400 is possible, especially if its financial results come short of estimates.
The crypto market held steady during the weekend as traders focused on the upcoming US inflation data, which will determine the next actions by the Federal Reserve. Bitcoin traded at $105,000, while Ethereum’s price moved to $2,500. This article looks at some of the top trending coins like Ravencoin, AB, and Keeta.
Ravencoin price analysis
Ravencoin is a proof-of-work cryptocurrency created as a hard fork of Bitcoin. Its main difference with Bitcoin is that it has a supply cap of 21 billion, while Bitcoin has 21 million.
RVN price surged recently after Upbit, the biggest South Korean exchange, listed it, giving it access to millions of customers. It moved to a high of $0.0257, the highest point since December last year, and then pulled back to $0.01570.
Ravencoin price remains slightly above the key resistance level at $0.01428, the highest swing on May 13. It has also jumped above the 50-day Exponential Moving Average (EMA), a sign that bulls remain in control.
Ravencoin price chart
Ravencoin token also remains above the 23.6% Fibonacci Retracement level, while the MACD is pointing upwards. Therefore, the coin will likely continue rising as bulls target the 38.2% retracement point at $0.01912. A drop below the support at $0.0142 will invalidate the bullish outlook.
AB is a blockchain project that offers a modular technology that supports fast and secure transactions, smart contract execution, and decentralized governance.
The AB token price has jumped recently following its listing on several exchanges like Binance, Bitget, and MEXC. It has also done well as on-chain data shows that its network is starting to gow, albeit from a low base.
AB has handled over 1.5 million blocks since inception and 29,792 transactions. It is handling about 2.6k transactions a day, while addresses have risen to 23,6111. However, its network utilization remains at 0.01%, meaning that it needs to supercharge its growth to justify its valuation.
The daily chart shows that the AB price bottomed at $0.004084 on May 26 and then bounced back to $0.01040. It has moved slightly above the key resistance level at $0.01. The highest point on May 28.
AB token price chart
The Relative Strength Index and the MACD indicators have all pointed upwards. Therefore, technicals suggest that the AB token will continue rising as bulls target $0.015. However, AB is a thinly traded token, meaning that it may have extreme moves on some days.
Keeta price forecast
Keeta is a blockchain network that delivers over 10 million transactions per second. Its goal is to unify the blockchain industry by enabling users to move assets across multiple chains. It also lets users to create tokens that represent real-world assets.
The two-hour chart shows that the Keeta token price has done well in the past few days as it moved to a record high of $1.4920, up 262% from its lowest point this year.
Keeta token recently moved above the key resistance level at $1.2400, its highest point on June 3. Moving above that level invalidated the double-top pattern that was forming.
Keeta price chart
It has also retested that level, pointing to more gains, potentially to the psychological point at $2. A drop below the support at $1.2400 will invalidate the bullish Keeta price forecast.
The Dow Jones, Nasdaq 100, and S&P 500 indices have moved sideways in the past few weeks as the recent momentum stalled. The S&P 500 Index is stuck at $6,000, its highest point since February 24, and 24% above its lowest point this year.
Similarly, the Nasdaq 100 Index has moved to $21,800, up by 31% from its lowest point this year. The Dow Jones Index traded at $42,765, up by 16% from the YTD low. This article looks at the top 3 catalysts for these indices this week.
Dow Jones, Nasdaq 100, and S&P 500
US and China trade talks
The main catalyst for the three indices is the upcoming trade talks between the US and China in London. This meeting was scheduled during a phone call between Donald Trump and Xi Jinpingof China last week.
It comes a few weeks after the two sides met in Switzerland and reached a few important agreements. For example, they agreed to lower tariffs from triple digits to double digits.
Recently, however, China and the US have accused each other of not fulfilling the agreement. China accuses the US of provocations, including suspending students from its universities and export controls on chips.
The US has accused China of continuing to block shipments of rare earth products that are used in the manufacturing process.
Therefore, the Dow Jones, S&P 500, and Nasdaq 100 indices will react to any meeting outcome. They will likely surge if the two sides make progress and potentially a meeting between the two presidents.
Such progress would be notable because the US and China are some of the biggest trading partners in the world.
However, there are signs that China is pivoting its business away from the US, which has become more confrontational. For example, its airlines are no longer buying Boeing jets, and are now planning to order 500 jets from Airbus.
US inflation data
The next key catalyst for the Dow Jones, Nasdaq 100, and S&P 500 indices is the upcoming US inflation data on Wednesday.
Economists expect the data to show that inflation rose a bit, with the headline consumer price index (CPI) rising to 2.5% and the core CPI metric moving to 2.8%.
Signs that inflation is rising will be bearish for the stock market as it will signal that the Federal Reserve will maintain a hawkish tone for a while. This will, in turn, infuriate Donald Trump, who called for a “full point” cut, arguing that the ECB has slashed interest rates ten times.
US stocks do well when the Federal Reserve is cutting interest rates or when it signals that it will do that. The CPI data comes after the US jobs data pointed to a strong economy.
Corporate earnings, Trump and Musk relations, and BBB
The other minor catalysts for the three US indices will be some corporate earnings, Trump and Elon Musk relations, and the Big Beautiful Bill. The only notable companies that will release their earnings are Adobe, Oracle, Chewy, GameStop, J.M Smucker, Stitch Fix, and Core & Main.
Stocks will also react to the ongoing Trump and Musk relations, which hit a record low last week. Musk has pushed harder for Republicans to vote against the Big Beautiful Bill that ends EV mandates and increases government debt.
Elon Musk has a lot to lose as his companies have billions of dollars in government contracts. Therefore, there is a likelihood that he will want to make peace. A deal between the two will be good for the stock market
The iShares Silver Trust (SLV) had its best week this year as the year-to-date inflows jumped to a record high and its price surged to a 13-year high. The ETF jumped to $33, up by 25% from its lowest point this year.
SLV ETF inflows are soaring
The SLV ETF, which tracks silver, has done well this year as its inflows jumped. Data shows that the weekly inflows rose by $451 million last week, a big increase from $92 million a week earlier.
The fund has had total inflows of over $458 million this year, bringing its total assets to over $17 billion, making it the biggest silver-focused ETF in the world.
SLV ETF assets jumped as investors sought to take advantage of the ongoing silver price rally that has pushed it to the highest point in over 13 years.
Silver has jumped for a few reasons. First, it surged because of the recent gold price surge to a record high. Gold peaked to almost $3,500 this year as demand for safe havens rose. Silver is often seen as a cheaper alternative to gold, because it is a popular precious metal.
Second, silver price surged because of the view that it was highly undervalued compared to gold. The closely-watched gold/silver ratio peaked at $106 as gold price surged to a record high. Things have turned around now, and the ratio has dropped to $92, its lowest level since April 1.
Third, silver has jumped because of the rising industrial demand. Recent data showed that the manufacturing PMI in most countries improved in May, ending the recent tariff-induced plunge.
The next key catalyst for silver price will be the US inflation data, which will come out on Wednesday. Analysts believe that inflation rose slightly in May as the impact of tariffs emerged.
Silver reacts to US inflation data because of its impact on the Federal Reserve. In most cases, silver does well when the Fed is cutting interest rates or when it is about to cut.
The daily chart shows that the SLV ETF has been in a strong bull run in the past few months. It recently crossed the important resistance level at $31.75, the highest level in November and April this year.
Silver has remained above the 50-day and 100-day Exponential Moving Averages (EMA), a sign that bulls are in control. The Relative Strength Index (RSI) has moved closer to the overbought level at 70. The MACD indicator has also continued rising.
Therefore, silver price will likely continue soaring as bulls target the next key resistance level at $40. The alternative scenario is where the fund retreats and retests the support at $31.75.
