The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee
The Tesco share price pulled back and moved into a correction, falling by 11% from its highest level in November last year. It was trading at 425p on Wednesday, down from the all-time high of 481p. This article explains what to expect as technicals point to more downside in the near term. Tesco share price
PayPal stock price continued its strong downward trend this week as it plunged to the lowest level since November 2023. It lost a crucial support level as sellers remained in control and the short interest rose to 4.8%. PayPal has become a fallen angel PayPal stock price has crashed in the past few years, mirroring
Peloton stock price has come under intense pressure in the past few months as its growth trajectory waned and as insiders dumped shares. PTON dropped by over 7% on Tuesday, reaching a low of $5.85, its lowest level since May last year. It has tumbled by 35% from its October highs and formed a risky
Lululemon stock price has suffered a harsh reversal in the past few months, moving from a record high of $516 in 2024 to the current $188. This crash has brought its market capitalization from a record high of over $68.27 billion to the current $23 billion. This article explores whether the stock has more downside
EVgo stock price has suffered a major reversal, falling by 40% from its highest level in October last year. It was trading at $3.05, with its market capitalization falling from $1.55 billion to $942 million today. EVgo’s performance mirrors the performance of other electric vehicle charging companies. Blink Charging stock dropped from a high of
The Nikkei 225 Index retreated by over 1.2% on Tuesday, continuing a downtrend that has been going on in the past few days. It retreated to a low of ¥52,930, down from the year-to-date high of ¥54,515. This retreat may continue if the Bank of Japan (BoJ) maintains a highly hawkish tone as Citi expects.
Pop Mart’s share price jumped by over 8% on Tuesday, its best performance in five months, as investors cheered its new share buyback program. It rose to an intraday high of H$ 198, up substantially from this month’s low of H$174. It remains 42% below its highest point this year. Pop Mart share price jumps
Robinhood stock price has crashed into a bear market this year as sellers remained on the sidelines. HOOD dropped to a low of $108.75, its lowest level since November 24, and ~30% below the highest level in October last year. This article explores whether the stock will rebound or continue falling this year. Robinhood stock
Wise share price rose sharply on Tuesday after the British fintech giant published encouraging financial results and maintained its focus on executing a dual-listing. It rose by nearly 13%, reaching its highest level since November 25. Wise business is doing well despite rising competition Wise, formerly known as TransferWise, is a top British company that