The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has grown to become one of the biggest active funds in the United States, with over $39 billion in assets under management (AUM). Its assets have jumped because of the elevated inflows and its performance over time. Investors have flocked to JEPQ because of its strong performance,
The Roundhill Memory ETF (DRAM) has been in a free fall this week, reaching its lowest level since May 7 this year. It has plunged by over 43% from its highest point this year. This retreat may continue after the latest SK Hynix earnings, which pushed its stock to its lowest level since April 30th.
Qualcomm stock price continued its strong downward trend this week, reaching its lowest level since April 30. QCOM has plunged by over 37% from its highest point this year, with its market capitalization falling from $265 billion to $171 billion. Qualcomm’s crash has coincided with the ongoing sell-off among other semiconductor companies. The VanEck Semiconductor
Robinhood stock price has fallen in the past few weeks, moving from the year-to-date high of $119.87 to a low of $87.93. This retreat will be put to the test as the company publishes its financial results, which will provide more color about its business. Robinhood to publish its quarterly results today HOOD stock will
Asian stocks are in a strong freefall today, July 28, with most technology companies being in the red. The Nikkei 225 Index plunged to 62,385, down by 14.6% from its highest point this year. In South Korea, the Kospi Index moved deeper into the bear market after falling by over 35% from its peak. Nikkei
Kioxia Holdings stock continued its steep decline today, reaching its lowest level since May 15. It has plunged by over 60% from its year-to-date high, erasing billions of dollars in value. It has fallen from the most valuable Japanese company to fourth after Mitsubishi UFJ, Softbank, and Toyota. So, will the stock continue falling ahead
The FTSE 100 Index continued rising this week, reaching its highest level since March 2nd, as investors reacted to key corporate earnings and the upcoming Bank of England (BoE) interest rate decision. It jumped to 10,782, up by 12% from its lowest level in March this year. Top FTSE 100 Index companies to publish its
Corning stock plunged by over 12% in the premarket session after the company published the latest earnings report. GLW dropped by 12% to $122.92, its lowest level since March 9 this year. It has plunged by 54% from the year-to-date high of $271, with its valuation falling from $219 billion to $123 billion. Corning stock
Duolingo stock price has slumped this year as concerns about disruption by artificial intelligence tools and as investors watch its turnaround strategy. DUOL was trading at $132 after falling by 25% this year and 64% in the last 12 months. It has slumped by 75% from its all-time high, with its market capitalization falling from
SanDisk stock continued its strong retreat as investors continued selling memory shares. SNDK dropped to $1,204 in the premarket, reaching its lowest level since May 1. It has slumped by 45% from its all-time high, and the Wyckoff Theory suggests that it has more downside to go. SanDisk stock technicals point to a retreat SNDK