Cardano price has crashed from its peak, erasing $85 billion in value: here’s why
Cardano price has been in a prolonged downward spiral since peaking at $3 in 2021. The decline has erased more than $85 billion in market value, with its market capitalization…
Here’s why Pi Network has become a top fallen angel in crypto
Pi Network price has stalled close to its all-time low this month despite having some major bullish catalysts, including the ongoing upgrades, pivot to artificial intelligence, and the upcoming launches…
Xiaomi stock analysis: why ‘China’s Apple’ is in a freefall
Xiaomi stock price has suffered a major reversal in the last 12 months, moving from a high of H$61.55 to H$22.62 today, its lowest level since September 2024, with its…
Here’s why Rocket Lab stock is ripe for a strong comeback
Rocket Lab stock price has slipped in the past few weeks as investors book profits following the spectacular rally that happened before the SpaceX IPO. RKLB dropped to the key…
Elon Musk’s net worth plunges $300B as SpaceX stock crashes
SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public offering (IPO) on record. SPCX tumbled to $154, down sharply from its…
UK business activity falls again in June amid weak demand and job cuts
Britain’s private sector contracted for a second straight month in June.The latest flash purchasing managers’ index from S&P Global showed the UK composite PMI slipped to 49.4 in June from…
Elon Musk’s net worth plunges $300B as SpaceX stock crashes
SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public offering (IPO) on record. SPCX tumbled to $154, down sharply from its…
Amazon Prime Day begins today: Here’s what AMZN investors should know
AMZN kicked off its 12th annual Prime Day event on Tuesday, launching a four-day shopping extravaganza featuring millions of deals across more than 35 countries.For the e-commerce giant, Prime Day…
Qualcomm eyes modular AI deal as stock falls on tech selloff pressure
Qualcomm Inc. QCOM shares moved lower on Tuesday, falling about 6% in trading as a broader technology selloff weighed on sentiment, even as fresh reports pointed to an expansion of…
Micron, Sandisk, other memory stocks tumble on high AI spending and rate hike fears
Memory chip stocks came under heavy pressure on Tuesday, extending a broad technology selloff on Wall Street.Investors grew increasingly uneasy about the enormous sums being poured into artificial intelligence infrastructure…