Core Viewpoint - US equities experienced a significant decline as investors moved away from major technology stocks, leading to a deterioration in sentiment across risk assets [1] Market Performance - The Dow Jones Industrial Average fell by 466 points, representing a 1% decrease [1] - The S&P 500 also decreased by 1%, marking its fourth consecutive day of losses, which is the longest downturn since August [1]

Robinhood stock price has pulled back in the past few days, moving from this month's high of $150 to the current $115. It has formed a risky pattern, pointing to more downside in the coming weeks as t... ...

AkzoNobel and Axalta have agreed to merge in an all-stock deal that will create a global coatings giant valued at $25 billion, including debt, in one of the most significant tie-ups the industry has s... ...

Core Viewpoint - Rio Tinto plans to reduce production at its Yarwun alumina refinery by 40% starting next October to extend the facility's operational life [1] Production Decision - The company has opted not to construct a second waste facility at Yarwun due to the conclusion that the necessary substantial investment is not currently viable [1]

Core Insights - Apple Inc.'s iPhone 17 lineup is experiencing significant success in China, with a 37% increase in smartphone sales in October, highlighting a positive trend in a challenging market [1] Company Summary - The iPhone 17 series has contributed to a notable rise in sales for Apple, indicating strong consumer demand and brand loyalty in a competitive environment [1] Industry Summary - The smartphone market in China has been struggling to recover, making Apple's performance a rare positive development amidst broader industry challenges [1]

Core Viewpoint - XPeng's stock price fell over 10% on Monday, entering a bear market after a decline of over 20% from its peak this year, despite reporting strong financial results [1] Financial Performance - The company published strong financial results, indicating robust performance [1] Market Competition - XPeng warned about its growth prospects due to increasing competition in the Chinese market [1]

Advanced Micro Devices (NASDAQ: AMD stock) tumbled nearly 4 percent on Monday, part of a broader tech selloff that's rattling investor confidence across the semiconductor sector. AMD dropped 3.44 perc... ...

Wall Street took a sharp punch to the gut on Monday as major indices tumbled in midday trading, with the Dow Jones down roughly 400 points and the tech-heavy Nasdaq plunging nearly 2 percent. The broa... ...

Core Viewpoint - Firefly Aerospace's stock (NASDAQ: FLY) has experienced significant volatility since its IPO, with a notable 15% decline following a series of events that impacted investor confidence [1] Group 1: Stock Performance - The stock had a promising start post-IPO but faced a sharp decline of 15% shortly thereafter, indicating potential instability in investor sentiment [1] Group 2: Market Reaction - The decline in stock price suggests that the market is reacting to specific events or news that may have raised concerns about the company's future performance [1]

Core Viewpoint - Dell Technologies Inc is facing significant pressure as a senior Morgan Stanley analyst has double-downgraded the stock to "underweight," indicating potential downside risks ahead [4][7]. Financial Performance - The price objective for Dell has been trimmed to $110, suggesting an approximate 18% downside from its previous close [5]. - Dell's stock has already decreased by over 25% from its year-to-date high of around $167 earlier this month [5][7]. Market Conditions - Rising memory costs, particularly in DRAM and NAND, are expected to shrink Dell's margins moving forward [8]. - Historical patterns indicate that previous memory upcycles (2016 to 2018) led to a significant contraction in Dell's gross margins [9]. Technical Analysis - Dell shares have slipped below their 100-day moving average and are approaching the 200-day moving average at the $119 level, which could signal further downside if breached [11]. - The relative strength index (14-day) is under 30, indicating that bearish sentiment remains strong in the near term [12]. Seasonal Trends - Historically, Dell's stock has ended both December and January in the red over the past four years, suggesting limited near-term catalysts for a rebound [12][13]. Future Outlook - Despite recent long-term forecasts raised due to AI tailwinds, caution is advised until margin visibility improves and technical support stabilizes [14].