Tesla’s electric vehicle (EV) sales in Europe plummeted by nearly half in April, underlining the growing challenges the company faces in one of the world’s key automotive markets. Tesla sold 7,261 vehicles in Europe in April, marking a 49% decline compared to the same month last year, according to the…
The NZD/USD exchange rate will be in focus this week as the Reserve Bank of New Zealand (RBNZ) delivers its interest rate decision on Wednesday and the US publishes key economic data. It was trading at 0.600 on Tuesday morning, a few points below the key resistance level at 0.6028.…
Meituan share price has continued falling in Hong Kong this month as concerns about competition in China’s food delivery industry continued. After peaking at H$217 in October last year, it has plunged by over 40% to the current $130, and is hovering at the lowest level since September. Why Meituan share…
Crypto prices came under pressure on Tuesday morning as Bitcoin price retreated below $109,000, and the market cap of all coins fell by 2.6% to $3.5 trillion. This price action came as some investors continued to take profits after Bitcoin soared to a record high last week. This article provides…
The Pi Network price has slumped this month as the recent launch of Pi Ventures, the $100 million program that aims to invest in applications in its ecosystem. Pi Coin was trading at $0.7440 on Tuesday, down by 56% from its highest point this month and over 70% lower than…
Salesforce stock price has sold off this year as investors watch its investments in artificial intelligence and its rumoured talks to acquire Informatica. CRM dropped to $273 last week, down by 25% from its highest point this year, meaning that it is in a deep bear market. Salesforce in talks to…
Costco stock price will be in focus this week as it publishes its financial results, which will provide more color on its performance and impact on tariffs. COST share price was trading at $1,000, down a bit from its all-time high of $1,075.This article explores what to expect when Costco…
The USD/ZAR exchange rate continues to soar after last week’s meeting between Donald Trump and Cyril Ramaphosa in Washington. It plunged from a high of 19.93 on April 9 to a low of 17.80 this week as investors focus on the upcoming South African Reserve Bank (SARB) interest rate decision.This…
The Dow Jones and the S&P 500 indices dropped last week as concerns about the American economy rose following Moody’s decision to downgrade US credit rating. They also dropped after the House passed the Big Beautiful Bill which will grow the deficit. This article explores the top catalysts that will…
Nio stock price retreated in Hong Kong as investors expressed concerns about the intensifying competition in China’s electric vehicle industry. The stock dropped to a low of H$29.15, its lowest level since April 23, and 52% below the highest point in 2024. BYD price cuts continueNio’s share price dropped after BYD,…