The iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) suffered a harsh reversal this week as top companies in the index shed over $500 billion in value following key earnings. SMH dropped to $352, down from the all-time high of $372, while SOXX fell to $296 from a high of $313. This article
The SMCI stock price suffered a harsh reversal in the extended hours after the company published its financial results that missed analysts’ estimates. It dropped by as much as 10% to $43.20, down by over 63% from its highest level in 2024 when it was one of the hottest stocks in Wall Street. Why Super
Qualcomm stock price has suffered a harsh reversal in the past few days as the recent excitement about its new AI chips waned. QCOM was trading at $172.85, down by 16% from its highest level this year. So, will the stock rebound after earnings? Qualcomm to showcase AI progress Qualcomm, one of the biggest semiconductor
The ASX 200 Index continued its downtrend as Australian bond yields jumped after the Reserve Bank of Australia (RBA) delivered its interest rate decision. It dropped to a low of $8,838, its lowest level since October 1, and 3.35% below the highest level this year. ASX 200 Index falls after RBA decision The ASX 200
The KOSPI Composite Index remains in a strong bull run this year and is hovering near its all-time high as most South Korean stocks have surged. It was trading at KRW 4,140, up by 81% from its lowest level this year, making it one of the best-performing indices. Why the KOSPI Composite Index has soared
The IAG share price is nearing its all-time high, continuing an uptrend that started in April when it was trading at 206p. It has jumped by over 107%, making it one of the top gainers in the FTSE 100 Index. IAG share price jumps after European airline earnings IAG, the parent company of top companies
A crypto crash happened today, with Bitcoin and most altcoins continuing their recent downtrend. Bitcoin price plunged to a low of $104,130, down by 17% from its highest level this year. Other top altcoins like Aster, Aptos, World Liberty Financial, Cosmos, Toncoin, Sei, and Flare plunged by over 10% in the last 24 hours. All
The American stock market is falling today, with the Dow Jones, S&P 500, and Nasdaq 100 futures falling by 0.65%, 1%, and 1.28%, respectively. This article explores some of the top reasons why these indices are falling today. S&P 500 and Dow Jones futures fall after Palantir earnings The main reason why the futures tied
The AMD stock price has been in a strong bull run and is hovering at a record high as investors waited for the latest financial results, which will provide more color on the health of the artificial intelligence industry. It was trading at $260, up by over 220% from its lowest level this year. AMD
The BYD stock price continued its freefall on Monday, moving to its lowest level in over nine months after the company published weak delivery data. It dropped to a low of H$98.5, down by 28% from its highest point in May this year. This crash has brought its market to H$960 billion from the previous