Market News

Qualcomm stock price continued its strong downward trend this week, reaching its lowest level since April 30. QCOM has plunged by over 37% from its highest point this year, with its market capitalization falling from $265 billion to $171 billion.  Qualcomm’s crash has coincided with the ongoing sell-off among other semiconductor companies. The VanEck Semiconductor… Continue reading Qualcomm stock: options market, technicals point to volatility after earnings

The Roundhill Memory ETF (DRAM) has been in a free fall this week, reaching its lowest level since May 7 this year. It has plunged by over 43% from its highest point this year. This retreat may continue after the latest SK Hynix earnings, which pushed its stock to its lowest level since April 30th. … Continue reading DRAM ETF at risk as SK Hynix, Micron, SanDisk stocks plunge despite inflows

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has grown to become one of the biggest active funds in the United States, with over $39 billion in assets under management (AUM). Its assets have jumped because of the elevated inflows and its performance over time.  Investors have flocked to JEPQ because of its strong performance,… Continue reading Love the JEPQ and QQQI ETFs? Here’s why Goldman Sachs GPIQ is better

Lucid stock continued its recent recovery, reaching its highest level since April 15, after a Saudi prince bought a large stake in the company, despite bankruptcy and cash burn risks. LCID jumped to $7.90, up sharply from this month’s low of $2.40.  Lucid Group stock jumps as Prince Alwaleed buys stake LCID stock soared as… Continue reading Lucid stock jumps 20% as Saudi billionaire prince buys the dip: what next?

The Hang Seng Index has outperformed its major Asian peers this year, even as the Kospi and Nikkei 225 have come under pressure. The index has rebounded nearly 14% from its lowest level this year, while the Nikkei 225 and Kospi have fallen about 15% and 40%, respectively, from their year-highs. Investors rotate to Chinese… Continue reading Hang Seng Index is soaring as Kospi and Nikkei 225 implode: here’s why

Softbank stock continued its strong downward trend, reaching its lowest level since April this year. It dropped to ¥4,595, down by nearly 50% from the year-to-date high. This retreat has pushed its valuation substantially lower to the current ¥30.4 trillion. Softbank stock drops as key portfolio companies face major headwinds Softbank, a large telecommunications company… Continue reading What next for the falling Softbank stock amid the AI trade unwinding?

Microsoft stock has retreated sharply in the past few months, moving from a record high of $556 in October last year to $390. This retreat has pushed its market capitalization from over $3.89 trillion to $2.9 trillion today. This article highlights what to expect as its fourth-quarter earnings loom. Microsoft stock has dropped amid capex… Continue reading Will earnings be the turning point for Microsoft stock?

SanDisk stock continued its strong retreat as investors continued selling memory shares. SNDK dropped to $1,204 in the premarket, reaching its lowest level since May 1. It has slumped by 45% from its all-time high, and the Wyckoff Theory suggests that it has more downside to go. SanDisk stock technicals point to a retreat SNDK… Continue reading SanDisk stock falls as Wyckoff theory flags a risky phase

Duolingo stock price has slumped this year as concerns about disruption by artificial intelligence tools and as investors watch its turnaround strategy. DUOL was trading at $132 after falling by 25% this year and 64% in the last 12 months. It has slumped by 75% from its all-time high, with its market capitalization falling from… Continue reading Duolingo stock has crawled back: will these gains hold as growth slows?