ASML Holdings (NASDAQ: ASML), the Dutch semiconductor equipment giant, experienced a dramatic stock price crash on Tuesday, falling by 16% in one of its steepest declines in 20 years.This sharp drop, which erased over $55 billion from its market value, occurred after the company accidentally published its third-quarter financial results a day early. The results revealed a disappointing outlook for 2025, with significantly lower-than-expected new orders, sending shockwaves across the semiconductor sector. AS ...

Though Tesla’s (NASDAQ: TSLA) history with Bitcoin (BTC) mostly ended in July 2022, when the electric vehicle (EV) maker sold about 75% of its cryptocurrency, it experienced an unexpected revival on October 15 and 16, 2024.Specifically, Tesla started moving vast quantities of BTC to previously unknown addresses on the afternoon of October 15 and had, across a total of 26 transactions, transferred some $760 million worth of the coin, per the data retrieved from Arkham Intelligence.Tesla’s BTC transfers. Sour ...

After appearing to be on the verge of a new record high, Nvidia’s (NASDAQ: NVDA) stock price is showing weakness, stemming from reactions to a possible policy change that could impact the company’s future outlook.The NVDA share price is struggling to maintain its valuation above the $130 support level, just a day after the equity attempted to breach the $140 resistance. As of press time, Nvidia was trading at $130, down over 5%. These losses have extended on Nvidia’s weekly chart, where the equity is down 2 ...

Qualcomm's (NASDAQ: QCOM) stock is expected to have a strong finish in 2024, driven by key innovations and strategic initiatives. At the forefront of this growth is the highly anticipated Snapdragon 8 Gen 4 (SD8G4), Qualcomm's most profitable mobile chipset to date, which is forecast to significantly boost Q4 earnings. According to TF International Securities analyst Ming-Chi Kuo, SD8G4 shipments are expected to grow by 50% year-over-year, accompanied by a 15% rise in the average selling price. This puts Qu ...

Though Nvidia (NASDAQ: NVDA) faced a period of intermingled corrections and sideways trading during the summer, even seeing its market capitalization collapse by $1 trillion at one point, it has, since the start of October, reclaimed its upward momentum.Indeed, thanks to numerous factors, including the ‘insane’ demand for the Blackwell chip, the semiconductor firm’s role in the $100 billion artificial intelligence (AI) infrastructure project, and the success of the October AI event, NVDA stock has rallied 1 ...

Boeing’s (NYSE: BA) long-haul flight to the bottom of the stock price chart doesn’t look like it will end any time soon — on October 14, a week before the company’s October 23, Q3 2024 earnings report, three equity researchers from major Wall Street firms revised their price targets downward.At press time, BA stock is trading at $148.89 — with a 4.28% decrease over the last thirty days bringing year-to-date (YTD) losses up to 40.86%.Boeing stock price YTD chart. Source: FinboldBA’s systemic issuesBA share p ...

A cynic would look at Elon Musk's April 5 tweet announcing the 'Robotaxi' event and at Tesla's (NASDAQ: TSLA) stock price at the time and conclude the post was an ill-conceived marketing ploy, not too dissimilar to how the Twitter acquisition played out. In fact, following an upturn in February, TSLA shares collapsed from over $202 to under $165 just ahead of the announcement, and Musk's post triggered another small rally that sent them back up toward $177 before a more decisive plummet on April 10. TSLA st ...

Goldman Sachs (NYSE: GS) analyst has raised the price target for Nvidia (NASDAQ: NVDA) stock, citing the company’s strong competitive position in the artificial intelligence (AI) sector.The investment banking giant lifted the price target from $135 to $150, driven by expectations that the chipmaker will benefit from the increasing complexity of artificial intelligence (AI) workloads.In a note on October 14, analyst Toshiya Hari stated that the stock has more upside potential due to its ability to capitalize ...

Core Viewpoint - Xpeng Inc's stock price has dropped significantly amid a broader selloff in the Chinese market, despite a recent rally and positive company performance indicators [1][3][5]. Market Context - Xpeng's share price fell by 7.08% during premarket trading on October 14, following a broader market correction in China after disappointing stimulus measures [1][3]. - The CSI 300 index experienced its worst day since 1997, following a period of rapid growth driven by initial stimulus measures [1][3]. Company Performance - Over the last six months, Xpeng's stock has increased by 65.69%, recovering much of its year-to-date losses, which currently stand at 15.03% [1]. - The company recently opened presales for its P7+ model, which is priced $10,000 lower than Tesla's Model 3, potentially serving as a strong bullish catalyst [5]. - Xpeng's vehicle deliveries rose by 30.2% year-over-year, and revenues increased by 60.2% compared to the previous year [6]. - In Q3 2024, Xpeng achieved a record delivery of 21,352 units in a single month, indicating strong operational performance [8]. Investor Sentiment - Major institutions, such as JPMorgan Chase, have increased their stakes in Xpeng, reflecting confidence in the company's future prospects [5]. - Conversely, Alibaba reduced its stake from 10.2% to 7.5%, which was characterized as a profit-taking move rather than a negative outlook on the company [5].

Though commonly overlooked by companies like Nvidia (NASDAQ: NVDA ) and Advanced Micro Devices (NASDAQ: AMD), the Taiwan Semicondustor Manufacturing Company (NYSE: TSM) is arguably the most important semiconductor company in the world. ® Specifically, Taiwanese foundries manufacture nearly 70% of the world's chips, and TSMC alone holds more than half of the global market. Additionally, Nvidia and AMD use the company as their supplier. As a result, TSM stock has been one of the major winners of the 2024 stoc ...