Monday.com stock has crashed this year, mirroring the performance of other software companies. It has dropped by 51% this year and 44% in the last six months. This retreat continued today, July 22, when it announced that it would lay off 20% of its employees as it embraced AI in its operations. Monday.com stock has
The Schwab US Dividend Equity ETF (SCHD) has reached a major milestone this year, driven by robust investor inflows and solid market performance. The fund recently surpassed $100 billion in assets under management (AUM), making it the second-largest dividend ETF behind the Vanguard Dividend Appreciation ETF (VIG). With SCHD hitting this landmark, is it still
MarketAxess stock has been in a steep decline this year and is now hovering near its lowest level in more than a decade. Shares were trading at $114.24 on Monday, down 81% from their all-time high, wiping out much of the company’s value as its market capitalization plunged from more than $21 billion to about
The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO ETFs this week. S&P 500
Bloom Energy stock is moving from bad to worse as it crashed to $206, its lowest level since April last year. BE has slumped by over 40% from its all-time high as concerns about its valuation and the data center industry remained. This retreat has seen its market capitalization fall from $98.7 billion to $58
Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed the shares down 55% from their peak this year, wiping out nearly half of the company’s market value as its valuation fell from $86 billion to around $40 billion. Despite the sharp sell-off,
Lucid Group stock is attempting to rebound today, July 15, after plunging more than 40% in the previous session. LCID rose by about 2% in premarket trading to $4.73, recovering modestly from its lowest level of the week. Lucid Group stock rises after denying it’s going bankrupt or private LCID stock crawled back after a
CrowdStrike stock continued its recent rally today, July 14, and is slowly nearing its all-time high of $209.55. It has jumped by 80% in the last six months, bringing its valuation to over $212 billion. CRWD and other top cybersecurity companies like Fortinet, SentinelOne, and Palo Alto Networks have also soared. The general thesis is
Planet Labs stock continued its strong downward trend last week, reaching its lowest level since March 19. PL has dropped by 50% from its highest point this year, with the market capitalization falling from over $18.40 billion in May to the current $9.28 billion, and technicals suggest that it has more downside to go. The
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of 9,387. This article highlights some of the top catalysts for South Korean stocks this week. Kospi Index chart | Source: TradingView Kospi Index to react