The Hang Seng Tech Index has crashed into a bear market as concerns about the industry continued. It plunged to H$5,390, its lowest level since August 4 and 20% below its highest point this year. This article explains the reasons behind the drop. EV stocks like Nio, Li Auto, XPeng, and Leapmotor lead the sell-off
The FTSE 100 Index jumped by 20% in 2025, reaching its all-time high of £9,945. It has soared by nearly 30% from its lowest level in April, a performance that has mirrored that of other global indices like the S&P 500 and the Nasdaq 100. This article looks at the top stocks that fueled this
Lululemon stock price has had another bad year as it crashed by 45%, even as the S&P 500 and Nasdaq 100 indices jumped to record highs. It has dropped from the all-time high of $516 in December 2023 to the current $207, bringing its market cap from $68 billion to $25 billion. So, will the
XPeng stock price has nosedived in the past few weeks as investors have dumped Chinese EV companies. XPEV dropped to $18 in New York, down by 35% from its highest point this year. This article explores why it has crashed despite its strong numbers. Why the Xpeng stock price has crashed Xpeng stock price has
The GE Vernova stock price suffered a harsh reversal as it plunged by over 10% in a single day. It bottomed at $614, down by 15% from its highest level this year, erasing some of the gains it made recently when it boosted its payouts to investors. GE Vernova stock price drops amid AI concerns
CoreWeave stock price continued its downward trend this week as investors remained concerned about the AI bubble. CRWV has dropped in the last four consecutive days, reaching its lowest level since May this year. It has slumped by ~65% from its highest point this year. CoreWeave stock is facing elevated risks CoreWeave, a top company
Rep. Dan Newhouse, R-Wash., one of the few Republicans who voted to impeach President Donald Trump in 2021, announced on Wednesday that he will not seek re-election in 2026. ‘This decision comes with no reservations or remorse, only gratitude for the tremendous opportunity to have represented my home state in Congress,’ Newhouse wrote in a
The Senate sent a colossal defense package to President Donald Trump’s desk on Wednesday, checking off one of the last remaining items of the year in the process. Lawmakers banded together to pass the National Defense Authorization Act (NDAA), a roughly $901 billion package crammed to the brim with defense policy that unlocks funding for
Four moderate House Republicans are rebelling against Speaker Mike Johnson, R-La., to join his Democratic counterpart in forcing a vote on enhanced Obamacare subsidies set to expire at the end of this year. Reps. Brian Fitzpatrick, R-Pa., Ryan Mackenzie, R-Pa., Rob Bresnahan, R-Pa., and Mike Lawler, R-N.Y., all joined a discharge petition by House Minority
Russian President Vladimir Putin said Wednesday that Russia’s goals in Ukraine are unchanged and will be accomplished either through negotiations or by further military advances if diplomatic efforts fail. Putin, speaking at an annual board meeting of the country’s Defense Ministry, touted Russia’s military progress on the battlefield and technological advancements as his war in