Pavan Sharma

Global markets rallied overnight (S&P 500 Index +2%) as all three major Wall Street indices were higher and snapped a three-session losing streak as investors jumped back in to take advantage of the pullback in technology-related stocks, a day after the

Global markets closed lower overnight (S&P 500 Index -2.8%) as US stocks fell for a third straight session on Tuesday as heavyweight technology names extended their sell-off.

Global markets edged higher overnight (Euro Stoxx 600 index up +1.7%) led by European markets, as the US market was closed for Labour Day holiday

Global markets continued to move lower on Friday (S&P 500 Index -0.8%) as investors rotate out of the technology sector with significant volatility and markets paring losses into the close.

The SPK chart shows another session down could move the stock towards the $4.80 mark which will serve as a good entry point. There is minor resistance at the $4.93 mark.

Our view is that a capital raise in next six month is imminent. With a market cap of $1.5bn and capital raise could be in the range of $500m-$600m, the probable capital raise price is going to be around the $1.00 mark.

Global markets plunged overnight (S&P 500 Index -3.5%) as Technology stocks suffered a massive reversal, with the Nasdaq Tech index down almost -5% with star performer Tesla giving back -9% and Apple down -8%.

Global markets were higher overnight (S&P 500 index +1.5%) with US markets reaching new record highs but with defensive and value stocks taking their turn to lead gains after data showed US private payrolls expanded last month, but at a much slower pace

Global markets were mostly higher overnight (S&P 500 index +0.8%) with US markets reaching new record highs on favourable economic data and as stimulus talks refuelled optimism.