Oklo stock has slumped this year as concerns about the small modular reactor (SMR) industry continues. It has fallen to $41.36, down by nearly 80% from its highest point last year, with its market capitalization falling from over $24 billion to $7.6 billion. This retreat may continue as concerns about…
Micron stock price has slumped into a bear market, moving from the year-to-date high of $1,255 in June to the current $940. This retreat has mirrored the performance of other memory companies in the United States, South Korea, and Japan. Still, there are some potential reasons why the stock may…
The Kospi Index and the iShares MSCI South Korea ETF (EWY) rebounded as sentiment in the market improved following the Treasury Department’s intervention in the bond market. It jumped by over 6% on Thursday, reaching a high of 6,874 points, while EWY rose to $180. EWY’s inflows have surged in…
Xiaomi share price has crawled back this week, moving from a low of HKD 25.32 on August 18 to the current HKD 28.45. This rebound happened after the company published its financial results, which demonstrated the lingering weakness in its business.Xiaomi’s revenue and profits dropped in Q2China’s Xiaomi has become…
Lululemon stock continues to underperform the broader market as the company’s and industry’s challenges continue. LULU is down by 44% this year and by 71% in the last five years, a dramatic reversal for a company that was once one of the most popular among retail and institutional investors. LULU’s retreat…
The Vanguard Long-Term Treasury ETF (VGLT) and the iShares 20+ Year Bond ETF (TLT) continued their strong downward trend. TLT dropped to $81.35 and is nearing its all-time low of $80.67. It has dropped by over 55% from its highest point this year. Similarly, the VGLT ETF fell to $52,…
The Vanguard S&P 500 ETF (VOO) and the iShares Russell 200 Index Fund (IWM) have jumped to their record highs this year. IWM has jumped by over 21% this year, while VOO is up by 12.50% in the same period. This article highlights some of the top reasons why these…
Rocket Lab stock has rebounded in the past few weeks, moving from a low of $58.25 to $82, helped by its strong earnings and increasing backlog. It also jumped after the company inked a major deal with Viasat and other organizations. It has formed a giant double-bottom pattern, pointing to…
The Nikkei 225 Index fell sharply on Wednesday, hitting its lowest level since August 10 as Japanese government bond yields surged and technology stocks came under pressure. Investors are also weighing growing expectations for a Bank of Japan rate hike and renewed concerns about US-Iran tensions.The index fell to around…
AeroVironment stock has rebounded to a crucial resistance level as traders waited for the upcoming earnings, which will shed more color on its growth amid the rising competition in the drone industry. AVAV jumped to $200, its highest swing on July 20th this year.AeroVironment stock has bottomedThe daily chart shows…