Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68 and $82.35 since April. It has risen by 9% in the last 12 months, while the Nasdaq 100 Index has soared by 28%. ARKK has
The Kospi Index retreated sharply this week, reaching its lowest level since June 12, as technology stocks plunged. The KOSPI fell nearly 10% on Tuesday, before rebounding on June 24 as investors reassessed the sharp tech-led selloff. Sentiment, however, remains fragile and could come under renewed pressure if Micron (MU) disappoints investors with its earnings
The Nikkei 225 Index has slumped over the past two consecutive days, reaching a low of 68,863 as fears of a technology bubble intensify. It has slipped by 5.5% from its high this week, with key technology companies in the red. Kioxia stock nears a bear market The Nikkei 225 Index has dropped sharply in
Scottish Mortgage Trust share price has retreated sharply this week, continuing a downward trend that started on June 3. SMT stock has slumped to 1,357p, its lowest level since April 14, and 13% below its highest level this year. This retreat has coincided with the ongoing SpaceX sell-off that has erased billions of dollars in
St. James Place share price held steady on Wednesday, reaching a high of 1,172p, much higher than this month’s low of 1,114p. It has slowly formed a highly bullish pattern, pointing to an eventual rebound, despite the AI disruption fears. St. James Place share price technical analysis The daily chart shows that the STJ stock
The Roundhill Memory ETF (DRAM) stock price dropped sharply this week as investors waited for the financial results of one of its biggest constituent companies. It also reacted to a new report about SK Hynix, the second-biggest company in South Korea. It was trading at $70 on Wednesday, a few points above this week’s low
Zeta Global stock price jumped on Tuesday after the company intensified its pivot towards artificial intelligence (AI) by partnering with Palantir Technologies. It jumped to $20.50, and then pared back some of those gains to close at $19.50. So, will this partnership boost ZETA shares in the near future? Zeta Global inks key partnership with
China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects. Nio stock slipped to $5 on Friday, down nearly 30% from its May high, and is hovering at its lowest level since March 9. Xpeng stock has tumbled to $13.21 in New York, down 53% from its
Brent crude oil price continued its strong downward trend today, June 23, reaching its lowest level since March 2nd as investors focused on the ongoing US-Iran talks. It has now slumped by over 35% from its highest point this year, and this trend may continue as supply jumps. Crude oil supply to surge as demand
Cardano price has been in a prolonged downward spiral since peaking at $3 in 2021. The decline has erased more than $85 billion in market value, with its market capitalization falling from over $91 billion to about $5.7 billion today. ADA was trading at $0.1590, down more than 95% from its all-time high. Cardano price