Market News

Salesforce stock has plunged by more than 50% from its December 2024 peak as concerns about its growth outlook have intensified. Its market capitalization has fallen from more than $347 billion to about $136 billion, and the selloff could continue as investors remain concerned about the company’s strategy and long-term growth prospects. Salesforce stock has… Continue reading Salesforce stock has slumped amid SaaSpocalypse concerns: what next?

Dell Technologies stock has moved sideways since May, when it peaked at a record high of $469.60. It retreated to $412 as investors remained jittery about the AI sector and its hefty valuation metrics. Still, despite the pullback, it remains 274% above its lowest point this year. Dell stock has benefited from the AI boom… Continue reading Dell stock has stalled since May: will it pop or crash?

GE Aerospace stock fell more than 4% in premarket trading even after the company reported strong quarterly earnings. The shares dropped to $344.70, leaving them about 10% below their highest level of the year. So, is this post-earnings sell-off likely to deepen, or does it present a buying opportunity ahead of a rebound? GE Aerospace… Continue reading GE Aerospace stock drops despite strong earnings and guidance: what next?

Kioxia’s stock price has plunged since reaching a record high in late June, falling from ¥112,750 to ¥63,100 today. The shares have dropped to their lowest level since May 29, mirroring the broader selloff across memory-chip stocks while significantly underperforming the Nikkei 225 Index. Kioxia stock drops despite the memory boom Top memory stocks have… Continue reading Kioxia stock: Why Japan’s memory giant is sliding despite record demand

Lucid Group stock is attempting to rebound today, July 15, after plunging more than 40% in the previous session. LCID rose by about 2% in premarket trading to $4.73, recovering modestly from its lowest level of the week. Lucid Group stock rises after denying it’s going bankrupt or private LCID stock crawled back after a… Continue reading Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?

Morgan Stanley has identified three stocks that could outperform as the second-quarter earnings season gets underway. The Wall Street bank highlighted GE Vernova (NYSE: GEV), Lam Research (NASDAQ: LRCX), and United Airlines (NASDAQ: UAL) among its top picks, citing expectations that they will deliver strong quarterly earnings.  GE Vernova  GE Vernova stock has done well… Continue reading Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley

The Kospi Index continued its strong recovery as technology companies like Samsung and SK Hynix soared. It jumped to 7,377, up by 15% from its lowest point this month. Still, technicals suggest that the worst may not be over for the blue-chip South Korean index. Kospi Index jumps ahead of South Korean Central Bank interest… Continue reading Kospi Index rebounds as Samsung and SK Hynix rally: is the tide finally turning?

Xiaomi stock retreated for two consecutive days after a report confirmed that the company was losing market share in the smartphone industry. It slipped to H$25.82 in Hong Kong, a few points below this month’s high of H$26.70.  Xiaomi is losing market share in the smartphone industry A report released by Omdia showed that Xiaomi’s… Continue reading Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground

The Hang Seng Index jumped to its highest level since June 15, even after China published a weak macro report. It soared to 24,692, up by 9.7% from its lowest level this year, with healthcare and biotechnology-related stocks being the biggest gainers. Hang Seng jumps after weak China macro data Hong Kong shares soared by… Continue reading Hang Seng jumps as healthcare and biotech stocks rally despite weak China GDP data