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Here’s why IREN, CoreWeave, and Nebius stocks are in free fall

Here’s why IREN, CoreWeave, and Nebius stocks are in free fall

Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge. IREN stock dropped to $33.61, its lowest level since April 7, and 52% below its highest point

Business
Bloom Energy stock has suffered a $40 billion wipeout: what next?

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 high as concerns about its

Business
Top FTSE 100 Index shares to watch next week: Airtel, BT Group, Compass Group

Top FTSE 100 Index shares to watch next week: Airtel, BT Group, Compass Group

The FTSE 100 Index has remained in a narrow range this week as traders reacted to the rising tensions between the US and Iran. It also wavered as the United States earnings season started, with

Business
Burberry share price has dipped after earnings: what next?

Burberry share price has dipped after earnings: what next?

Burberry Group share price slipped by over 3% today as the luxury goods company published a strong trading statement that came out short of expectations. It slipped to 1,052p, inside the range in which it

Business
World Cup boosts beer sales in England’s pubs, but some still face last orders

World Cup boosts beer sales in England’s pubs, but some still face last orders

LONDON — Scotland fans famously drank Boston dry. But while the team’s exploits on the field could not match the success of its supporters, pubs in England — some of which are struggling financially —

Business
Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?

Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?

Lucid Group stock is attempting to rebound today, July 15, after plunging more than 40% in the previous session. LCID rose by about 2% in premarket trading to $4.73, recovering modestly from its lowest level

Business
Kioxia stock: Why Japan’s memory giant is sliding despite record demand

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, mirroring the broader selloff across

Business
Kospi Index rebounds as Samsung and SK Hynix rally: is the tide finally turning?

Kospi Index rebounds as Samsung and SK Hynix rally: is the tide finally turning?

The Kospi Index continued its strong recovery as technology companies like Samsung and SK Hynix soared. It jumped to 7,377, up by 15% from its lowest point this month. Still, technicals suggest that the worst

Business
Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground

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 few points below this month’s

Business
Shell, BP, and other energy stocks jump as crude oil prices rebound

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 its lowest level this year.Similarly,