Qualcomm stock continued its strong downward trend this week as investors dumped companies in the semiconductor industry. It dropped to $162 on Monday, down by over 37% from the year-to-date high. The stock will be in the spotlight as it publishes its financial results on Wednesday. Qualcomm to publish earnings as the memory shortage bites
ETFs tied to the Nasdaq 100, Dow Jones, and S&P 500 indices, such as QQQ, DIA, and VOO, have pulled back over the past few weeks as jitters surrounding the AI sector have spread. The tech-heavy Nasdaq 100 has been the hardest hit because of the ongoing sell-off in AI stocks. This article examines the
SoftBank’s stock price has crashed by 50% from its all-time high as concerns about the AI industry persist. The stock ended the week at ¥4,481, down 50% from its year-to-date high of ¥9,048. The sell-off may continue on Monday, as OpenAI’s recent fundraising flopped and Arm Holdings’ earnings loom. SoftBank stock pressured by latest OpenAI
Gold price continued its downward trend, reaching its lowest level in months as demand waned after the hawkish Federal Reserve interest rate decision. It dropped to $3,925, down modestly from the August high of $4,700. This sell-off may continue as President Donald Trump prepares to escalate his attacks against Iran. Gold price technical analysis The
Coherent (COHR) has lost momentum in recent weeks, even as the artificial intelligence boom continues and its main rival, Lumentum, has surged. COHR is trading at $239, down 45% from its high for the year. Technical signals suggest the stock could be close to a bearish breakout, even as Marvell Technology reportedly weighs a takeover
Chinese EV stocks are in a strong freefall this year as demand among customers wanes and as the government stops prioritizing the industry. Nio stock has slumped to $3.29, down by over 53% from its highest point this year and by 95% from its all-time high. Polestar, a company that emerged from Geely, tumbled to
T-Mobile stock price continued its strong sell-off this year, reaching its lowest level since November 2023. TMUS plunged to $146.93, down by over 46% from its highest point in 2025. This retreat has pushed its market capitalization from $309 billion to $157 billion, with focus being the upcoming earnings. T-Mobile stock has dropped amid SpaceX
Nu Holdings stock is tumbling today, October 26, as investors react to the surprise outcome of Brazil’s presidential election, in which incumbent Luiz Inácio Lula da Silva defeated Flávio Bolsonaro. The shares have plunged more than 25% and hit their lowest level since June 3. Even so, the company’s fundamentals remain strong, which suggests the
The Dow Jones and Nasdaq 100 have remained under intense pressure in recent days as concerns about the artificial intelligence (AI) sector persist. The tech-heavy Nasdaq 100 Index (NDX) slumped to 28,840, its lowest level since September 16 and about 8% below this year’s peak. The Dow Jones has also retreated, falling to 52,220, a
Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a bull run that started in July when it bottomed at $70. This rally will likely continue rising in the coming weeks. Brent and WTI jumps