Taylor Wimpey share price plunged today, July 31, reaching a low of 76.42p, its lowest level since July 8, after the management slashed its payouts to investors amid woes in the UK housebuilding sector. TW stock was trading at 79.16, down by 25% from where it started the year. Taylor Wimpey…
International Consolidated Airlines (IAG) share price dropped to 414p and then bounced back after the company published mixed financial results amid the ongoing US-Iran war. IAG was trading at 435p at the time of writing, down by 12% from its highest point this year.IAG ditches its growth plansIAG, the parent…
The Federal Reserve left interest rates unchanged for a fifth consecutive meeting while signaling its commitment to bringing inflation back to its 2% target. Meanwhile, President Donald Trump warned Iran would “get a beating” after an attack on a US military base in Jordan, fueling renewed geopolitical tensions. Gold prices…
The US Federal Reserve left interest rates unchanged on Wednesday in one of its most closely watched policy decisions in years, even as three policymakers broke ranks to call for another rate increase, underscoring growing divisions inside the central bank over the path of inflation.The Federal Open Market Committee voted…
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has grown to become one of the biggest active funds in the United States, with over $39 billion in assets under management (AUM). Its assets have jumped because of the elevated inflows and its performance over time. Investors have flocked to JEPQ because…
The Roundhill Memory ETF (DRAM) has been in a free fall this week, reaching its lowest level since May 7 this year. It has plunged by over 43% from its highest point this year. This retreat may continue after the latest SK Hynix earnings, which pushed its stock to its…
Qualcomm stock price continued its strong downward trend this week, reaching its lowest level since April 30. QCOM has plunged by over 37% from its highest point this year, with its market capitalization falling from $265 billion to $171 billion. Qualcomm’s crash has coincided with the ongoing sell-off among other semiconductor…
Robinhood stock price has fallen in the past few weeks, moving from the year-to-date high of $119.87 to a low of $87.93. This retreat will be put to the test as the company publishes its financial results, which will provide more color about its business. Robinhood to publish its quarterly results…
The Kospi Index has plunged this year, moving from a record high of 9,410 in June to the current 5,817. This retreat has made it one of the worst-performing global indices. Similarly, the iShares MSCI South Korea ETF (EWY) has dived to $144.2 from the year-to-date high of $217. This article…
International Consolidated Airlines Group (IAG) share price has hit turbulence and dropped into a technical correction after falling by 14.30% from its peak this year. It retreated as jet fuel prices rose amid the resumption of US-Iran war, with focus now shifting to the upcoming earnings.IAG share price in the…