The Hang Seng Tech Index has crashed into a bear market as concerns about the industry continued. It plunged to H$5,390, its lowest level since August 4 and 20% below its highest point this year. This article explains the reasons behind the drop. EV stocks like Nio, Li Auto, XPeng, and Leapmotor lead the sell-off
The FTSE 100 Index jumped by 20% in 2025, reaching its all-time high of £9,945. It has soared by nearly 30% from its lowest level in April, a performance that has mirrored that of other global indices like the S&P 500 and the Nasdaq 100. This article looks at the top stocks that fueled this
Lululemon stock price has had another bad year as it crashed by 45%, even as the S&P 500 and Nasdaq 100 indices jumped to record highs. It has dropped from the all-time high of $516 in December 2023 to the current $207, bringing its market cap from $68 billion to $25 billion. So, will the
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