The USD/JPY exchange rate has dropped to the crucial support level of 155.20, its lowest level since May 6, as the Japanese yen continues to outperform most major currencies this year. The pair has retreated by more than 4% from its year-to-date high, highlighting the dollar’s recent weakness. This article explores why the Trump administration
AMC Entertainment stock extended its impressive rally, approaching a key resistance level as investors cheered the continued recovery of the blockbuster movie industry. The shares climbed to a high of $3.02, their highest level since October 2025, and have surged more than 200% from their lowest point this year. The key question now is whether
The Roundhill Memory ETF (DRAM) has come under intense selling pressure recently as concerns about the memory and technology sectors escalated. It dropped to $50 on Friday, down over 33% from its year-high. This article looks at some of the top DRAM ETF stocks to watch this week, including Western Digital (WDC), SanDisk (SNDK), and
Wix (NASDAQ: WIX) stock has come under intense pressure this year as investors grew concerned that the rise of AI-powered “vibe coding” could disrupt its website-building business. After peaking at $246 in January last year, the stock has tumbled 77% to around $55. Against this backdrop, the company will need to reassure investors that its
Brent and WTI crude oil prices slipped sharply on Hyperliquid after President Donald Trump halted the planned attacks against Iran, citing requests from Iran and other Middle East countries. WTI dropped to $81, with its 24-hour volume hitting $181 million. Brent, the global benchmark, dropped to $83, down sharply from last month’s high of $100.
The USD/JPY exchange rate tumbled to its lowest level since May 14 as investors reacted to last week’s Federal Reserve and Bank of Japan (BoJ) interest rate decisions and the latest interventions by the US and Japanese authorities. It plunged to 157.45, down by over 4% from the year-to-date high. Japanese yen surges on US
Tesla stock rose by over 3.5% on Thursday and continued those gains in the extended hours after details of the potential merger with SpaceX emerged. TSLA hit a high of $315, up modestly from this week’s low of $296. Still, the question is whether a Tesla and SpaceX merger would be a good deal in
The FTSE 100 Index jumped to a record high this week as several important companies like IAG, NatWest, Lloyds, and Rolls-Royce published their financial reports and the Bank of England (BoE) delivered its interest rate decision. It soared to 10,976, up by 13.4% from its lowest level this year. This article looks at some of
The DAX Index jumped to a record high of €82,883 as several important German companies like BMW, Deutsche Bank, Mercedes-Benz, and BASF published mixed financial results and as investors rotated to non-AI firms. It has jumped by nearly 20% from its lowest level this year as focus now shifts to some key companies like Bayer,
Taylor Wimpey share price plunged today, July 31, reaching a low of 76.42p, its lowest level since July 8, after the management slashed its payouts to investors amid woes in the UK housebuilding sector. TW stock was trading at 79.16, down by 25% from where it started the year. Taylor Wimpey has slashed its payouts