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Space X drops below $135 IPO price for first time

On July 15, local time, SpaceX's intraday share price fell 2.9% to US$132.15, falling below the issue price of US$135 per share. This was the first time it fell below the issue price since its listing. As of the close of the U.S. stock market, the company's st…

Nikkei falls 2.1% on AI-related concerns

Japanese stocks fell in early trade, hurt by Technology and other U.S. memory chip concept stocks fell on Wednesday due to concerns related to artificial intelligence (AI). The Nikkei fell 2.1% to 67332.70 points. Chris Beauchamp, chief market analyst at IG, s…

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What are preferred shares?

Preferred Stock Preferred stock, also known as Preferred Stock in English, is a stock with preferential rights issued by a joint-stock company. Shareholders holding preferred shares have priority in the company's profit distribution and liquidation, usually pr…

late at night! Chinese assets exploded collectively! Tech giants soar

China’s asset explosion! Tonight, the three major U.S. stock indexes rose collectively, large technology stocks rose collectively, and Apple rose more than 3%. However, memory chip concept stocks collectively adjusted, with SanDisk falling by more than 11%, Mi…