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Why coherent stock dropped this week

The stock's rally has made shares more susceptible to short-term swings. Coherent hasn't yet established a strong track record for annual earnings....

June 23, 2023, 10:27 am

Anglo american, glencore, rio tinto share prices tumble as commodities sink

The commodities supercycle that happened during the pandemic has faded as concerns about China's recovery ease. As a result, most commodiy prices have...

June 23, 2023, 9:55 am

Uk pmi manufacturing down to 46.2, services down to 53.7

UK PMI Manufacturing fell from 47.1 to 46.2 in June, a 6-month low. PMI Services dropped from 55.2 to 5...

June 23, 2023, 8:44 am

Eurozone pmi manufacturing down to 43.6, services down to 52.4

Eurozone PMI Manufacturing fell from 44.8 to 43.6 in June, a 37-month low. PMI Services dropped from 52...

June 23, 2023, 8:34 am

Crypto price today: bitcoin holds $30,000; ethereum slips below $1,900; bnb, solana & xrp fall up to 5%

Bitcoin dropped about a per cent but managed to hold $30,000 mark, while Ethereum was also trading lowe...

June 23, 2023, 4:59 am

Japan pmi manufacturing fell to 49.8, services down to 54.2

Japan PMI Manufacturing declined from 50.6 to 49.8 in June, below expectation of 50.2. PMI Manufacturing Output fell from 50.9 to 48.3. PMI Services <...

June 23, 2023, 4:27 am

Top ships: proposed suezmax tanker spin-off represents an interesting speculation

Top Ships' stock price has dropped by 98% since my last update on the company as the vicious circle of ...

June 22, 2023, 11:01 pm

Virgin galactic stock drops more than 9% after space-tourism company seeks to raise $400 million

Shares of Virgin Galactic Holdings Inc. dropped more than 9% in the aftermarket Thursday after the spac...

June 22, 2023, 6:03 pm

Why virgin galactic stock dropped on thursday

Virgin Galactic's shares jumped earlier this week on news that it would be taking flight next week. That pop in the stock has slowly faded, and that c...

June 22, 2023, 3:52 pm

Usd/jpy remains supported by favorable fundamentals but needs break of key fibo barrier to resume larger rally

Res: 142.50; 143.00; 144.56; 145.10. Sup: 141.61; 140.93; 140.30; 140.00. GBP/USD extended its daily slide and ...

June 22, 2023, 2:29 pm

Tyson foods: cheap entry point, meat market still growing

Tyson Foods' stock price has dropped recently, providing a buying opportunity for investors due to the ...

June 22, 2023, 12:49 pm

Us initial jobless claims unchanged at 264k

US initial jobless claims was unchanged at 264k in the week ending June 17, above expectation of 256k. Four-week moving average of initial claims rose...

June 22, 2023, 12:40 pm

Why algoma steel stock dropped today

Analysts were expecting Algoma to report a loss last night -- but not a loss as big as this one. On the plus side, the company beat sales expectations...

June 22, 2023, 12:24 pm

Why lucid stock dropped today

Lucid hasn't joined in adopting Tesla's charging platform. The personal relationship between Peter Rawlinson and Elon Musk may be part of the reason....

June 22, 2023, 11:50 am

Accenture stock falls after earnings beat expectations but revenue outlook was a bit downbeat

Shares of Accenture PLC ACN, -1.32% dropped 2.3% toward a fourth-straight loss after the management con...

June 22, 2023, 7:07 am

Gold rate today: gold prices fall on powell’s hawkish testimony. check price of yellow metal in delhi, ahmedabad and other indian cities

Gold prices fell for the fourth consecutive day due to remarks by Federal Reserve Chairman Jerome Powell regarding potential interest rate rises. Gold...

June 22, 2023, 6:29 am

Peloton interactive stock plunges on a well-deserved downgrade

Peloton Interactive's stock plunged 8.2% after a downgrade by Wolfe Research, with concerns over the company's profitability and growth opportunities....

June 22, 2023, 6:18 am

Pound sterling price news and forecast: gbp/usd fluctuates in volatile session on uk cpi data

GBP/USD reversed its direction and advanced to the 1.2750 area after having dropped below 1.2700 in the...

June 21, 2023, 8:44 pm

Coda octopus: valuation is now reasonable, but growth remains a concern

Coda Octopus Group's stock rose after Q1 2023 earnings results but dropped after Q2 2023 report, provid...

June 21, 2023, 8:41 pm

Why lumen technologies stock dropped by more than 8% today

An analyst cut her price target on the telecom. Actually, "chopped down" might be a better way to describe her move....

June 21, 2023, 6:52 pm


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