On the weekly chart, the stock gave a breakout from 88 weeks consolidation patch. From a pattern perspective, it can be considered as a rounding bottom pattern which is a bullish development.
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and
Crude oil prices experienced a significant decline, with Brent prices falling below $100 per barrel. The decline was influenced by hopes for a peace deal
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