The Snap Inc. stock price has moved sideways in the past two years as investors focus on its deteriorating business and rising competition from the likes of Instagram and TikTok. It has moved to $10.7, down by over 87% from its highest level in 2021. Snap’s market cap of over…
Pinterest (PINS) stock has remained under intense pressure this year as investors remained concerned about its business trajectory and its slowing user growth. It has retreated by 12% this year as America’s stock indices like the NASDAQ 100 and S&P 500 surged to their all-time highs. Pinterest has also severely…
Oxford Lane Capital (OXLC) stock has risen modestly this year and is hovering near its all-time high of $5.35. It has risen by 6% this year, and thanks to its fast 20% yield, its total return has been 24%, higher than the Vanguard S&P 500 index (VOO). OXLC has become…
Suzlon Energy stock has slumped in the past few weeks as investors waited for its third-quarter earnings, and as global bond yields rose. It has dropped in the last seven consecutive weeks, moving to its lowest point since July 29. In this period, it has fallen by over 21% from…
Greatland Gold (GGP) share price has continued to underperform the market this year, even as gold has soared to its highest level on record. It was trading at 6.30p on Tuesday, where it has been stuck at in the past few months, and 45% below its highest point this year. …
Investors looking for cheap EV stocks may consider popular names like Mullen Automotive (MULN) and VinFast (VFS), which are trading at $2.53 and $0.02, respectively. These stocks are significantly cheaper than other popular names like Tesla (TSLA) and BYD. This article will explain why investors should avoid Mullen Automotive and…
China’s central bank, the People’s Bank of China (PBOC), has announced the expansion of its monetary policy tools by introducing an outright reverse repurchase agreements (repos) facility. This monthly tool will allow banks and non-bank institutions to borrow against sovereign, local government, and corporate bonds, with agreements set to last…
Indian equities opened positively on Monday, October 28, fueled by robust buying in blue-chip stocks like ICICI Bank, SBI, and Infosys. At 10:55 AM IST, the S&P BSE Sensex soared by 935 points, or 1.18%, reaching 80,337, while the NSE Nifty50 gained 249 points, or 1.03%, climbing to 24,430. Top…
Boeing Co. plans a significant capital raise to boost liquidity, targeting over $15 billion through a combination of shares and convertible debt. Following recent financial setbacks, the Arlington-based company aims to stabilize its investment-grade rating and manage the financial demands caused by a prolonged strike, contract rejections, and a struggling…
As the festive week approaches, Indian equity markets are showing signs of recovery after five consecutive days of declines. On Monday, the BSE Sensex surged 856 points (1.08%) to reach 80,258.63, while the Nifty50 climbed 236 points (0.98%) to 24,417 by 10:40 AM. These gains provide some relief for investors,…