Market News

Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge.  IREN stock dropped to $33.61, its lowest level since April 7, and 52% below its highest point this year. Its valuation has fallen from $24 billion to $12.4 billion. CoreWeave, the biggest player in the industry,… Continue reading Here’s why IREN, CoreWeave, and Nebius stocks are in free fall

Amazon stock has struggled to keep pace with the broader market this year as investor sentiment toward hyperscalers has cooled. AMZN is up about 8% year to date and just 10% over the past 12 months, lagging many large-cap peers.  However, the stock could regain momentum later this year if investors rotate back into hyperscalers… Continue reading Amazon stock is struggling: will upcoming earnings ignite a comeback?

Burberry Group share price slipped by over 3% today as the luxury goods company published a strong trading statement that came out short of expectations. It slipped to 1,052p, inside the range in which it has been stuck at in the past few days. Burberry Group shares drop after earnings Luxury goods companies are doing… Continue reading Burberry share price has dipped after earnings: what next?

The FTSE 100 Index has remained in a narrow range this week as traders reacted to the rising tensions between the US and Iran. It also wavered as the United States earnings season started, with big names like JPMorgan, Goldman Sachs, and Netflix releasing their earnings. This article looks at some of the top Footsie… Continue reading Top FTSE 100 Index shares to watch next week: Airtel, BT Group, Compass Group

The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now moved into a technical correction after falling by 12% from its highest point this year. While most companies dropped, the biggest losers were tech firms like Tokyo Electron, Advantest, and Kioxia. Kioxia stock… Continue reading Here’s why Tokyo Electron, Advantest, and Kioxia stocks are plunging today

Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed the shares down 55% from their peak this year, wiping out nearly half of the company’s market value as its valuation fell from $86 billion to around $40 billion.  Despite the sharp sell-off,… Continue reading Rocket Lab stock price crash is gaining steam: how low can it go?

Micron stock has plunged since reaching a record high of $1,255 on June 25. Shares have fallen about 30%, mirroring the sharp declines seen across the memory chip sector, including industry leaders Samsung and SK Hynix. So, has Micron reached its peak, or is this pullback a golden buying opportunity? Micron stock is falling despite… Continue reading Micron stock plunges: Has it topped, or is this a rare buying opportunity?

SanDisk stock has continued its weakness this week, falling to its lowest level since May 22. It has dropped by 35% from its highest level this year. Still, top analysts tracking the company have maintained a bullish outlook, pointing to its strong growth. Many analysts are bullish on the SanDisk stock Top analysts covering SanDisk… Continue reading SanDisk stock is stuck in a bear market: buy the dip or sell the rip?

The technology sector has done well in the past decade, with the Nasdaq 100 Index beating its top peers like the S&P 500 and the Dow Jones. This article explores the outcome if one had invested $10,000 in the Invesco QQQ ETF (QQQ), ProShares UltraPro QQQ (TQQQ), and ProShares UltraPro Short QQQ (SQQQ) five years… Continue reading $10,000 in each of QQQ, TQQQ, and SQQQ 5 years ago: Here’s the result