Marvell Technology stock has tumbled sharply in recent weeks, mirroring the broader selloff across leading semiconductor stocks. After soaring to a record high of $329.48, the shares have fallen by more than 40%. Despite the steep correction, Wall Street analysts remain overwhelmingly bullish on the company, with investors now turning their attention to its upcoming
The Nikkei 225 Index retreated by over 1.52% on Monday as investors reacted to several events, including the Japanese yen rescue and the upcoming corporate earnings. It dropped to 63,390, down by 12.9% from its peak this year. This article highlights some of the top catalysts for the index this week. Nikkei 225 Index to
The USD/JPY exchange rate has dropped to the crucial support level of 155.20, its lowest level since May 6, as the Japanese yen continues to outperform most major currencies this year. The pair has retreated by more than 4% from its year-to-date high, highlighting the dollar’s recent weakness. This article explores why the Trump administration
AMC Entertainment stock extended its impressive rally, approaching a key resistance level as investors cheered the continued recovery of the blockbuster movie industry. The shares climbed to a high of $3.02, their highest level since October 2025, and have surged more than 200% from their lowest point this year. The key question now is whether
The Roundhill Memory ETF (DRAM) has come under intense selling pressure recently as concerns about the memory and technology sectors escalated. It dropped to $50 on Friday, down over 33% from its year-high. This article looks at some of the top DRAM ETF stocks to watch this week, including Western Digital (WDC), SanDisk (SNDK), and
Wix (NASDAQ: WIX) stock has come under intense pressure this year as investors grew concerned that the rise of AI-powered “vibe coding” could disrupt its website-building business. After peaking at $246 in January last year, the stock has tumbled 77% to around $55. Against this backdrop, the company will need to reassure investors that its
Brent and WTI crude oil prices slipped sharply on Hyperliquid after President Donald Trump halted the planned attacks against Iran, citing requests from Iran and other Middle East countries. WTI dropped to $81, with its 24-hour volume hitting $181 million. Brent, the global benchmark, dropped to $83, down sharply from last month’s high of $100.
The USD/JPY exchange rate tumbled to its lowest level since May 14 as investors reacted to last week’s Federal Reserve and Bank of Japan (BoJ) interest rate decisions and the latest interventions by the US and Japanese authorities. It plunged to 157.45, down by over 4% from the year-to-date high. Japanese yen surges on US
Tesla stock rose by over 3.5% on Thursday and continued those gains in the extended hours after details of the potential merger with SpaceX emerged. TSLA hit a high of $315, up modestly from this week’s low of $296. Still, the question is whether a Tesla and SpaceX merger would be a good deal in
The FTSE 100 Index jumped to a record high this week as several important companies like IAG, NatWest, Lloyds, and Rolls-Royce published their financial reports and the Bank of England (BoE) delivered its interest rate decision. It soared to 10,976, up by 13.4% from its lowest level this year. This article looks at some of