The ZIM Integrated Shipping (ZIM) stock price is firing on all cylinders this year as shipping costs rebound. Most recently, it has risen in the last eight consecutive days, moving to a high of $26.18, its highest point since August 2022. It also jumped in the last four straight weeks.…
Symbotic (SYM) stock short sellers have made a killing this year as its crash accelerated. After peaking at $64.25 in 2023, it has plunged by over 61% to the current $24.47, bringing its market cap from over $5.14 billion to the current $2.5 billion. This price action has benefited its…
Rolls-Royce (LON: RR) share price has gone parabolic this year, rising by 80%, making it one of the best performers in the FTSE 100 index. It has surged by more than 1,300% from its lowest level in 2020, when it nearly went bankrupt. RR shares have jumped under Tufan Erginbilgiç …
Futu Holdings (NASDAQ: FUTU) stock price has gone parabolic, rising for three straight weeks, reaching a high of $102.97, its highest point since September 2021. It has soared by over 75% this year, making it one of the best-performing companies in Wall Street. Futu and China comeback Futu Holdings’ share…
AbbVie (ABBV) stock price has done well this year as it surged to a record high of $200. It has jumped by more than 32% this year, outperforming the S&P 500 and Nasdaq 100 indices. Also, the stock has done better than the VanEck Pharmaceutical ETF (PPH), which has risen…
The International Business Machines (IBM) stock price is firing on all cylinders as investors cheer its ongoing growth and exposure to artificial intelligence (AI). It has risen in five consecutive months and is sitting at an all-time high of over $221. Its year-to-date gains are 40%, giving it a market…
Lloyds Banking Group (LON: LLOY) share price has done well this year and is hovering near the year-to-date high of 60.66p. It has soared by over 200% from its lowest point in 2020. It is up by almost 32% this year, beating the SPDR Bank ETF (KBE), which has jumped…
US President Joe Biden has approved a significant $567 million military assistance package for Taiwan, a move aimed at bolstering the island’s defense capabilities as tensions between China and Taiwan escalate. The package, which includes defense articles, services, and military education, comes at a critical time when Taiwan faces growing…
Pursuit of windfall profits by big Western supermarkets on the back of low wholesale prices is causing widespread labour exploitation in the shrimp aquaculture industries of Vietnam, Indonesia, and India, a new investigation published by AP, has found. The investigation conducted by an alliance of non-governmental organisations (NGOs) and the…
Japan’s Nikkei 225 index tumbled by more than 4% on Monday, driven by a combination of underwhelming industrial production figures and the market’s reaction to the election of new Prime Minister Shigeru Ishiba. The steep decline followed the release of mixed economic data, including a 2.8% increase in August retail…