The energy industry has come into the spotlight recently as crude oil and natural gas prices have retreated. Most oil stocks have pulled back as investors have embraced the new normal of lower prices as demand concerns have remained. This performance also explains why many companies in the oil services…
MercadoLibre’s (MELI) stock price has performed well in the past decade, making it one of the best-performing companies on Wall Street. It has jumped from its listing price of $18 in 2007 to $2,100 today, meaning that a $100 investment in it would now be worth over $11,666. A similar…
Joby Aviation (JOBY) stock price has had a rough ride as a publicly traded company. It initially surged to a record high of $17 in 2021 and then plunged to a low of $3.10 in 2023. The stock then bounced back to $12 in May 2023 and then retreated by…
Intel (INTC) stock price will be in the spotlight on Monday as investors reflect on the rumoured offer by Qualcomm and news that Apollo Global will make a $5 billion investment in the company. The stock, which rose by over 3.3% on Friday, will likely continue rising on Monday. Apollo…
The Constellation Energy Corporation (NASDAQ: CEG) stock price went parabolic on Friday, reaching its highest point on record after inking a deal with Microsoft, the second-biggest company in the world. CEG shares surged to a high of $254, bringing the year-to-date gains to 120%, making it one of the best-performing…
Groupon (GRPN) stock price has suffered a harsh reversal in the past few weeks as concerns about the e-commerce industry continued. It retreated to a low of $10.85, down by almost 45% from its highest point this year, giving it a market cap of over $431 million. Groupon’s fall from…
Apollo Global Management, a prominent US asset management firm, is reportedly preparing to invest up to $5 billion in Intel, Bloomberg reported on Monday. The potential investment comes as Intel navigates a period of significant market decline, with its stock price dropping nearly 60% since the start of the year.…
Shares of debt-ridden Vodafone Idea surged by more than 11% on Monday, following the announcement of a major deal to secure telecom equipment for its upcoming 4G and 5G network expansion. The telecom operator inked agreements worth $3.6 billion (Rs 30,000 crore) with Nokia, Ericsson, and Samsung, marking a critical…
Yelp (NYSE: YELP) stock price has gone nowhere since 2015 as concerns about its growth and role in the tech industry has remained. In this period, it has remained inside the range of $14.17 and $52 while popular indices like the S&P 500 and Nasdaq 100 indices have soared to…
The civil aviation and defense industries are doing well, helped by the ongoing recovery of travel and defense spending. However, top companies in the industry are not doing well. Boeing (BA) stock price has dropped by over 41% this year as it moved from one crisis to the other. Just…