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Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?

Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?

Figma's stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly traded company. FIG dropped to

Business
Prop trading is the side hustle most retail investors haven’t heard of

Prop trading is the side hustle most retail investors haven’t heard of

Retail investing has become more accessible than ever. Commission-free brokerages, crypto exchanges, and social trading platforms have made it possible for almost anyone to participate in financial markets with just a smartphone and a modest

Business
DAX Index nears crucial price after key Volkswagen, Rheinmetall, Bayer news

DAX Index nears crucial price after key Volkswagen, Rheinmetall, Bayer news

The German DAX Index experienced some volatility this week, as investors reacted to some notable news from key constituents like Rheinmetall, Volkswagen, and Bayer. It was trading at 25,000, up by nearly 5% from its

Business
Nikkei 225 Index nears crucial price as Kioxia, Tokyo Electron, Softbank stocks surge

Nikkei 225 Index nears crucial price as Kioxia, Tokyo Electron, Softbank stocks surge

The Nikkei 225 Index jumped and neared its all-time high as memory and semiconductor companies like Kioxia, Tokyo Electron, Advantest, and Keyence Corporation soared. It jumped by over 5% to 71,950, a few points below

Business
Hang Seng Index forms death cross as Anthropic accuses Alibaba of distilling

Hang Seng Index forms death cross as Anthropic accuses Alibaba of distilling

The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days and is down by nearly 20% from

Business
It’s not just SpaceX: These top Scottish Mortgage Trust stocks are in trouble

It’s not just SpaceX: These top Scottish Mortgage Trust stocks are in trouble

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

Business
St. James’s Place share price forms a bullish pattern, signaling a potential rebound

St. James’s Place share price forms a bullish pattern, signaling a potential rebound

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,

Business
Here’s why Pi Network has become a top fallen angel in crypto

Here’s why Pi Network has become a top fallen angel in crypto

Pi Network price has stalled close to its all-time low this month despite having some major bullish catalysts, including the ongoing upgrades, pivot to artificial intelligence, and the upcoming launches of Pi tokens. It was

Business
Xiaomi stock analysis: why ‘China’s Apple’ is in a freefall

Xiaomi stock analysis: why ‘China’s Apple’ is in a freefall

Xiaomi stock price has suffered a major reversal in the last 12 months, moving from a high of H$61.55 to H$22.62 today, its lowest level since September 2024, with its market cap falling from H$1.53

Business
Japan’s Kioxia stock is beating Micron, Sandisk, SK Hynix: here’s why

Japan’s Kioxia stock is beating Micron, Sandisk, SK Hynix: here’s why

Global investors have focused on the performance of top memory stocks like Micron (MU), Sandisk (SNDK), and SK Hynix this year as they surpass their all-time highs each week. However, Kioxia stock, a top competitor,