Nio, XPeng, Li Auto, BYD, Polestar: Why are China EV stocks tumbling?
China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its…
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Category: Business
Top 3 catalysts for the S&P 500 Index this week
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…
Celestica stock analysis: Will the sell-off continue?
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the…
Palantir stock slips below a crucial technical price: here’s why
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of…
Circle stock at risk as it faces a major triple whammy of headwinds
Circle Internet Group stock price has pulled back in the past few days, moving from a high of $138.5 in May to the current $79.72. This CRCL pullback may continue…
Salesforce stock wipeout hits $212B as acquisition spree backfires
Salesforce stock continues its strong downward trend this year, and is now hovering near its lowest level since 2023. CRM has plunged by 55% from its all-time high, with its…
AMD stock surge brings $1 trillion status within reach, but key risks remain
Advanced Micro Devices (AMD) stock price has soared this year, making it one of the top gainers on Wall Street. It jumped by 133% this year, bringing its market capitalization…
HYPE crypto price prediction as Hyperliquid volume, ETF inflows jump
HYPE crypto price jumped for three consecutive days, helped by the ongoing Hyperliquid volume surge. Hyperliquid’s token rose to $60, up by 15% from its lowest point this month, and…
Figma stock price is stuck in a bear market: will it crash further or rebound?
Figma stock price has come under intense pressure this year and is now hovering at its all-time low amid the rising concerns about its revenue growth in this artificial intelligence…