Market News

Corning stock plunged by over 12% in the premarket session after the company published the latest earnings report. GLW dropped by 12% to $122.92, its lowest level since March 9 this year. It has plunged by 54% from the year-to-date high of $271, with its valuation falling from $219 billion to $123 billion.  Corning stock… Continue reading Corning stock drops after soft earnings guidance: buy the dip?

The FTSE 100 Index continued rising this week, reaching its highest level since March 2nd, as investors reacted to key corporate earnings and the upcoming Bank of England (BoE) interest rate decision. It jumped to 10,782, up by 12% from its lowest level in March this year. Top FTSE 100 Index companies to publish its… Continue reading FTSE 100 forecast ahead of IAG, LSEG, NatWest, Lloyds earnings and BoE decision

Kioxia Holdings stock continued its steep decline today, reaching its lowest level since May 15. It has plunged by over 60% from its year-to-date high, erasing billions of dollars in value. It has fallen from the most valuable Japanese company to fourth after Mitsubishi UFJ, Softbank, and Toyota. So, will the stock continue falling ahead… Continue reading Kioxia stock slips ahead of earnings: what’s next for Japan’s memory giant?

Asian stocks are in a strong freefall today, July 28, with most technology companies being in the red. The Nikkei 225 Index plunged to 62,385, down by 14.6% from its highest point this year. In South Korea, the Kospi Index moved deeper into the bear market after falling by over 35% from its peak.  Nikkei… Continue reading Here’s why the Nikkei 225 and Kospi indices are slumping today

PayPal stock is gearing up for one of its most important earnings releases yet, as investors await the company’s response to the recent buyout offer from Stripe and Advent International. PYPL was trading at $56, well above its year-to-date low of $40. PayPal to respond to Stripe and Advent offer In one of the biggest… Continue reading PayPal stock in focus as Wall Street eyes response to Stripe bid

Plug Power stock remains in a deep bear market after falling by over 50% from the highest point this year. This retreat will be put to the test on August 7 after the company publishes its financial results. So, will the stock rise or drop after its earnings report? Options market suggests high volatility after… Continue reading Plug Power stock gets oversold as options market bets on rebound after earnings

The Roundhill Memory ETF (DRAM) is bracing for a pivotal week that could make or break its performance. DRAM has already plunged by over 31% from its highest point this year, and key earnings this week will determine its trajectory. Key DRAM ETF companies will publish their earnings Top companies in the DRAM ETF will… Continue reading DRAM ETF braces for key Samsung, SK Hynix, Kioxia, Seagate earnings

Bloom Energy stock rose by over 5% in the premarket session as investors bought the dip ahead of the upcoming financial results on July 28. It rose to $194.5, up modestly from Friday’s low of $184. Even so, the stock remains nearly 50% below the highest point this year. So, will it rebound or continue… Continue reading Bloom Energy stock rises ahead of earnings: will the gains hold?

The S&P 500 and Nasdaq 100 indices have maintained their volatility in the past few weeks as top American companies started publishing their financial results and as the US-Iran war resumed. This article highlights some of the top three catalysts for the indices and their ETFs, like VOO, SPY, and QQQ. S&P 500 vs Nasdaq… Continue reading Top 3 catalysts for the S&P 500 and Nasdaq 100 indices this week