XPeng stock price has nosedived in the past few weeks as investors have dumped Chinese EV companies. XPEV dropped to $18 in New York, down by 35% from its highest point this year. This article explores why it has crashed despite its strong numbers. Why the Xpeng stock price has crashed Xpeng stock price has
The MSTR stock price continued its downward trend as Bitcoin and other coins plunged on Monday. Strategy dropped by 8.15% on Monday, reaching a low of $162, which was slightly above the year-to-date low of $155. Strategy is at risk of mNAV crashing below 1 The MSTR share price crashed by nearly 10% on the
The KOSPI Index has pulled back in the past few days as the recent bull run stalled at its all-time high. It was trading at KRW 4,027, a few points below the year-to-date high of KRW 4,212. Why the KOSPI Composite Index is falling KOSPI, the index tracking the biggest companies in South Korea, has
The embattled Indian rupee roared back to life on Wednesday as the country’s central bank boosted its interventions. The USD/INR exchange rate tumbled from a record high of 91.07 to a low of 90.28, its biggest drop in months. So, will the rupee gains hold? Indian rupee rebounds amid RBI intervention The USD/INR exchange rate
The BT share price has pulled back in the past few months, undoing some of the gains it made earlier this year. It was trading at 182.40p, down by 16% from its highest point in August this year. This price is still much higher than the year-to-date low of 133p. BT Group is facing major
The Dow Jones Index dropped for three consecutive days as jitters surrounding the artificial intelligence (AI) industry continued. It dropped to $48,115, down modestly from the year-to-date high of $48,847. Dow Jones Index has pulled back amid AI jitters One main reason why the Dow Jones Index has pulled back in the past few days
Affirm stock price popped by over 10% on Tuesday as investors cheered the company’s presentation at its event. It jumped to a high of $73.40, up sharply from last month’s low of $60.40. It remains up by 135% from its lowest level this year, with its market capitalization rising to over $25 billion. Affirm reaffirmed
Copper price continues to move in tandem with the current supply/demand dynamics. While supply tightness has offered it steady support in recent weeks, signs of slowing demand have curbed its upside potential. In the new week, the Comex copper price is set to react to the release of crucial economic data from the two top
Micron stock price tanked in the past few days, erasing some of the gains made earlier this month, as investors reacted to the recent Oracle and Broadcom earnings. It dropped to a low of $240, down sharply from the year-to-date high of $264.46. It remains up by 152% from where it started the year. Micron
The Nvidia stock price has crashed in the past few weeks as investors remain concerned about the artificial intelligence industry after last week’s Oracle and Broadcom earnings. NVDA dropped to $175, down sharply from the year-to-date high of $211, meaning it has erased over $750 billion in value. Why the Nvidia stock price has crashed