Dow falls nearly 400 points as chip selloff deepens, Wall Street posts weekly loss
US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed concerns over artificial intelligence spending weighed on investor…
Bloom Energy stock has suffered a $40 billion wipeout: what next?
Bloom Energy stock is moving from bad to worse as it crashed to $206, its lowest level since April last year. BE has slumped by over 40% from its all-time…
Here’s why Tokyo Electron, Advantest, and Kioxia stocks are plunging today
The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now moved into a technical correction after falling by…
Here’s why Tokyo Electron, Advantest, and Kioxia stocks are plunging today
The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now moved into a technical correction after falling by…
Kioxia stock: Why Japan’s memory giant is sliding despite record demand
Kioxia’s stock price has plunged since reaching a record high in late June, falling from ¥112,750 to ¥63,100 today. The shares have dropped to their lowest level since May 29,…
Kioxia stock: Why Japan’s memory giant is sliding despite record demand
Kioxia’s stock price has plunged since reaching a record high in late June, falling from ¥112,750 to ¥63,100 today. The shares have dropped to their lowest level since May 29,…
Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground
Xiaomi stock retreated for two consecutive days after a report confirmed that the company was losing market share in the smartphone industry. It slipped to H$25.82 in Hong Kong, a…
Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground
Xiaomi stock retreated for two consecutive days after a report confirmed that the company was losing market share in the smartphone industry. It slipped to H$25.82 in Hong Kong, a…
Nikkei 225 crashes as oil shock and war fears rip through Asia
Asian stocks fell on Tuesday as a fresh escalation in the US-Iran conflict pushed oil to a one-month high and revived fears that an energy shock could force central banks…
Shell, BP, and other energy stocks jump as crude oil prices rebound
BP and Shell shares have staged a strong comeback this week, helped by rising crude oil prices. BP jumped to 505p, its highest point since June 22, and 12.2% above…