IBM stock experienced its worst drop in years when it released its second quarter results, which came short of expectations. It dropped to $211 immediately after earnings and then plunged to $197 a few days later. The company will now be in the spotlight as it releases its earnings report on Tuesday. IBM earnings to
SpaceX stock has dropped recently, erasing some of the gains made earlier this month when it jumped to $176.55. It dropped to a low of $146, its lowest level since September 15 this year. This retreat will be put to the test when it releases its earnings report on Tuesday, with the options market predicting
Circle Internet stock has remained under pressure in the past few months as the company faces substantial headwinds. It ended last week at $82.22, down by 42% from its highest level this year. This weakness has coincided with the falling US bond yields, USDC supply, and the fading Arc momentum. Circle Internet Group pressured as
Micron Technology stock has slumped into a technical bear market after falling from the year-to-date high of $1,253 in June ro $878 today. This retreat has coincided with the ongoing sell-off among memory stocks. This article looks at some of the reasons why the sell-off may be a gift to patient investors. Micron stock to
Lam Research stock has been in a strong freefall this month. It dropped to $263, its lowest level since July 29, and 40% below its highest point this year. This sell-off may continue this week as jitters surrounding the artificial intelligence continues and as it publishes its financial results. Lam Research earnings to show robust
Broadcom stock is bouncing back today as investors bought the dip in artificial intelligence (AI) companies. After bottoming at $328 on Friday, the stock rebounded to $340, a move that coincided with the surge in other artificial intelligence firms like CoreWeave and Nebius. Still, there is a risk that this sell-off is a dead-cat bounce.
The Kospi Composite Index continued its strong sell-off last week as jitters surrounding the artificial intelligence (AI) escalated. It dropped to 5,463 points last week, down by nearly 40% from its highest point this year. Technicals suggest that this sell-off may continue as a death cross pattern nears. Kospi Index slumps as AI jitters continue
Kioxia Holdings stock has sold off sharply in the last few months as investors have sold off companies in the memory industry. It dropped to ¥13,500 on Monday, down by over 52% from its highest point this year, erasing billions of yen in value. This retreat may continue as jitters in the memory and AI
Crude oil prices continued the upward trend, reaching its highest level since May 20 as the crisis in the Middle East gained momentum. Brent, the global benchmark, rose to $110, while West Texas Intermediate (WTI) moved to $99.05, well above its July low of $67. Iran continues to shoot ships Brent and West Texas Intermediate
Trump Media stock continued its strong downward trend, reaching its lowest level on record as headwinds jumped. DJT fell to $6.9, down by 60% from its highest point this year and 33% below its highest point in August. This sell-off may continue as the company faces some major headwinds. Trump Media is facing headwinds DJT