AT&T stock plunged by over 7% in the premarket session as investors dumped most telecommunications companies after SpaceX announced an agreement to purchase spectrum in the United States. It tumbled to $23, down by 13.3% from its highest point in September this year. Other top telecommunications stocks have also tumbled. Verizon stock dropped by 5.1%,
Oracle stock has wavered in the past few months as investors watch the developments at OpenAI, one of its biggest clients. ORCL was trading at $142.35 on Friday, down by 42% from its highest point this year. On the positive side, there are signs that the stock is bottoming, which may lead to a rebound
T-Mobile stock has been in a steep downtrend since peaking at $268.90 in March last year. The sell-off accelerated today as concerns grew over competition from SpaceX, pushing the shares to a low of $148, their lowest level since December 2023. With the stock down sharply from its high, the question now is whether this
Joby Aviation (JOBY) stock has continued its steep slide, erasing most of the gains it made between 2023 and August 2025, when it surged from $3.10 to $21. The shares have now dropped to a low of $5.27, and the company’s market capitalization has fallen from $15.7 billion to $5.24 billion. With Joby nearing its
Coherent (COHR) stock has wavered since mid-August, in step with the consolidation among leading companies in the artificial intelligence industry. Shares were trading at $309.60 on Friday, about 30% below their high for the year. Even so, the company could benefit from strong demand for its optical solutions, particularly after Lumentum said it was sold
SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down by nearly 80% from its all-time high, a sign that Nvidia’s investment has flopped. Investors are aggressively betting against SoundHound stock SOUN stock has plunged
The Hang Seng Index continues to lag behind its global peers as some of its biggest constituent companies tumble. It dropped to 23,963 on Thursday and is hovering at its lowest level since July 8. It has slumped by over 14% from its highest point this year, even as the S&P 500 Index has jumped
Rolls-Royce stock price has sold off substantially in the past few weeks as the momentum it had earlier this year stalled. It tumbled to 1,404p on Wednesday, down by 11.4% from the highest point this year, meaning that it is in a deep correction. So, is this drop a good buying opportunity? Rolls-Royce Holdings has
IAG’s share price fell 2.6% on Thursday as crude oil prices resumed their rally, raising concerns about higher jet fuel costs. The stock dropped to 420p, its lowest level since September 18 and about 15% below its highest point this year. The retreat could extend in the coming days as major airlines release their earnings
IREN stock has remained under pressure this month as investors have remained cautious of neocloud companies. It dropped to $38.70 on Wednesday, down modestly from the September high of $49.60 and by 50% from its all-time high. IREN stock has fallen despite strong demand for AI data centers IREN, formerly known as Iris Energy, is