Monday.com stock has crashed this year, mirroring the performance of other software companies. It has dropped by 51% this year and 44% in the last six months. This retreat continued today, July 22, when it announced that it would lay off 20% of its employees as it embraced AI in its operations. Monday.com stock has
Brent crude oil price has struggled to break above the key resistance level at $90, even as geopolitical tensions in the Middle East continue to escalate. It was trading at $88.50 on Tuesday, a few dollars below its intraday high on Monday. This raises an important question: Is the oil market becoming too complacent about
Aston Martin Lagonda’s share price remains under pressure this week, hovering at its lowest level since March. AML shares have plunged 44% this year and are down 94% over the past five years. The stock’s decline could continue as the company grapples with persistent losses and mounting pressure on its balance sheet. Aston Martin Lagonda
BlackBerry stock price has pulled back in the past two weeks in New York and Toronto. It dropped to $8.83 on Monday, down by 35% from its highest point this year. Even so, it is one of the best-performing stocks as it jumped by over 130% this year as investors cheer its turnaround and its
Celestica stock has moved into a bear market, mirroring the performance of other artificial intelligence (AI) companies. CLS dropped to $307 in New York, down by over 35% from its highest level this year. This retreat will be put to the test when the company publishes its financial results next week. Celestica stock in focus
BitMine’s stock price has rebounded over the past few days, hovering near its highest level in more than a month. BMNR has surged 32% from its year-to-date low, with the recovery gaining momentum as investors anticipate the company’s transition from a cash-burning business into a potential free cash flow machine. BitMine has continued to accumulate
The Schwab US Dividend Equity ETF (SCHD) has reached a major milestone this year, driven by robust investor inflows and solid market performance. The fund recently surpassed $100 billion in assets under management (AUM), making it the second-largest dividend ETF behind the Vanguard Dividend Appreciation ETF (VIG). With SCHD hitting this landmark, is it still
The Nikkei 225 Index continued its freefall as technology companies like SoftBank, Tokyo Electron, Kioxia, and Advantest plunged ahead of the upcoming big-tech earnings. It plunged by over 4% on Friday, reaching its lowest level since June 11, with the markets being closed today for Marine Day. Japan stocks plunge as US-Iran war escalates The
The Kospi Index retreated by over 4% today, July 20, as concerns on the technology sector coincided with the ongoing US-Iran war. It slumped to 6,525 points, down substantially from the year-to-date high of 9,387. Still, despite this weakness, Barclays and UBS analysts believe that top semiconductor stocks have an upside. Barclays and UBS are
The Hang Seng Index jumped more than 2% on Monday, making it the best-performing major benchmark in Asia as investors bet on fresh Chinese stimulus following a string of weak economic data. The index climbed to 25,103, its highest level since June 5. Hang Seng Index jumps on stimulus hopes Hong Kong stocks continued rising,