A major shift is happening in the stock market as investors flee the popular SPDR S&P 500 (SPY) ETF and rotate to its biggest competitors this year. SPY, which is the oldest ETF, has been losing assets in the billions, a trend that is accelerating. Data shows that the fund has shed over $20 billion
DocuSign stock price dropped by nearly 6% on Friday after Citi analysts downgraded it and other popular software companies. DOCU has now plunged from the all-time high of $324 in 2021 to $42 today. So, is it a bargain or a value trap? Citi downgrades DocuSign stock In a report to clients, Citigroup analysts downgraded
Workday stock price continues its strong freefall this year, and is now hovering at its lowest level since April 2020. It has slumped in the last four consecutive months, and is down by 61.95% from its all-time high. Workday stock has become a bargain amid the SaaSpocalypse concerns The WDAY stock price has been in
The New York Times stock price has been in a strong bull run and is hovering near its all-time high despite President Donald Trump claiming that it is “failing”. NYT was trading at $82.50 on Thursday, down slightly from its all-time high of $87. It has jumped by ~20% this year, beating the S&P 500
The S&P 500 Index and top ERFs like SPY and VOO are rebounding and nearing their all-time highs ahead of talks between the US and Iran, the US inflation report, and the upcoming earnings season. VOO jumped to $625, a few points below the all-time high of $640. US-Iran talks, US inflation report, and earnings
Intuit stock price crash continued today, April 9, reaching its lowest level since February 26 amid the rising concerns about the impact of artificial intelligence (AI) tools on its business. INTU dropped to $360, down by 55% from its highest point in 2025. Intuit stock is crashing amid the SaaSpocalypse fears Intuit is one of
The South African rand has staged a strong comeback this week after the US and Iran’s ceasefire agreement that may ultimately lead to lower oil prices in the country. The USD/ZAR exchange rate plunged to 16.40, down sharply from the year-to-date high of 17.23. South African rand gained ahead of ceasefire talks The South African
The Nigerian naira has done relatively well this year, despite the recent sell-off in emerging markets currencies amid the US war against Iran. The USD/NGN exchange rate dropped to 1,358 on April 10, down by 20% from its highest point in 2024. Why the Nigerian naira has soared There are at least three main reasons
Tom Lee’s BitMine (BMNR) and Michael Saylor’s Strategy (MSTR) have become the biggest Digital Asset Treasury (DAT) companies in Wall Street. Their stocks have plunged sharply from their all-time highs as Ethereum and Bitcoin prices have plunged in the past few months. This article explores why BMNR is a better investment by far. BMNR is
Figma stock price has crashed to a record low since its initial public offering (IPO), shedding billions of dollars in value as its valuation has dropped from over $55 billion to nearly $10 billion. This article explains why the FIG stock may rebound soon. Figma stock has plunged amid the SaaSpocalypse concerns Figma is a