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…
AMC stock sinks 27% after $200M share offering sparks dilution fears
AMC Entertainment Holdings shares fell sharply on Tuesday after the cinema operator announced a $200 million registered direct offering of common stock, triggering investor concerns over dilution.The stock dropped 27%…
Hang Seng Index just flashed a death cross as Kospi, Nikkei 225 surge: here’s why
The Hang Seng Index continued to deviate from its global peers today, June 22, and formed two major highly bearish patterns, pointing to further downside in the near term. The index,…