Micron stock has plunged since reaching a record high of $1,255 on June 25. Shares have fallen about 30%, mirroring the sharp declines seen across the memory chip sector, including industry leaders Samsung and SK Hynix. So, has Micron reached its peak, or is this pullback a golden buying opportunity? Micron stock is falling despite
SpaceX (SPCX) shares extended their recent decline on Thursday, falling about 2% to around $132. The fall today came as investors weighed the company’s premium valuation, a sharp increase in short selling, and the prospect of a significant increase in shares available for trading following its first quarterly earnings report. The stock entered Thursday down
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 12% from its highest point this year. While most companies dropped, the biggest losers were tech firms like Tokyo Electron, Advantest, and Kioxia. Kioxia stock
Amazon stock has struggled to keep pace with the broader market this year as investor sentiment toward hyperscalers has cooled. AMZN is up about 8% year to date and just 10% over the past 12 months, lagging many large-cap peers. However, the stock could regain momentum later this year if investors rotate back into hyperscalers
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 memory-chip stocks while significantly underperforming the Nikkei 225 Index. Kioxia stock drops despite the memory boom Top memory stocks have
SpaceX (SPCX) shares rose about 1.5% on Tuesday, recovering modestly after a recent selloff that brought the stock close to its initial public offering price, as a broader market rally and a fresh bullish analyst initiation supported sentiment. The stock traded around $141 after falling about 4% on Monday. Despite the rebound, shares remained only
Nvidia stock continued its recovery today, reaching its highest point since June 22 and up 10% from its low in June. This rebound may continue as the stock forms a falling wedge pattern and its revenue and profit growth accelerate. Nvidia stock has become a bargain, which may lead to more repurchases Nvidia (NVDA) stock
CrowdStrike stock continued its recent rally today, July 14, and is slowly nearing its all-time high of $209.55. It has jumped by 80% in the last six months, bringing its valuation to over $212 billion. CRWD and other top cybersecurity companies like Fortinet, SentinelOne, and Palo Alto Networks have also soared. The general thesis is
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 high of H$26.70. Xiaomi is losing market share in the smartphone industry A report released by Omdia showed that Xiaomi’s
PayPal’s stock surged in premarket trading after reports emerged that Stripe and Advent International had offered to acquire the company for over $53 billion. The offer, valued at $60.50 per share, represents roughly a 28% premium over PayPal’s most recent closing price. Shares have traded as low as $38.46 over the past year, a steep