Dow rises as S&P 500 nears record, SK Hynix debut boosts AI chip stocks
US stocks ended higher on Friday, with the S&P 500 closing just shy of a record high as enthusiasm around artificial intelligence and semiconductor stocks offset concerns over renewed tensions…
Bloom Energy stock has slumped: buy the dip or sell the rip ahead of earnings?
Bloom Energy stock has retreated into a bear market, falling by 33% from its highest point this year. It dropped to $234 today, continuing a trend that started on June…
Wall Street banks hit a $260 million jackpot on SK Hynix’s mega deal
SK Hynix’s banks earned nearly $260 million in fees from the South Korean chipmaker’s US share sale, giving Wall Street a richer payday by percentage than last month’s record SpaceX…
Kospi Index jumps as Samsung, SK Hynix lead, but beware of key risks
South Korea’s Kospi Index jumped by over 4% on Friday, capping a highly volatile week that saw it plunge to 7,060, its lowest level since May 20. It remains in…
Hang Seng Index rally has stalled: what next for Hong Kong stocks?
The Hang Seng Index retreated to 24,011 on Thursday, paring back some of the gains made a day earlier. This drop mirrored developments in key markets like in the United…
USD/ZAR forecast: falling wedge points to a South African rand pullback
The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the Middle East. It jumped to 16.50 on…
Hang Seng Index rallies as Alibaba, Tencent, Lenovo shares surge
The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards Chinese technology companies that have been left behind in the…
Hang Seng Index rallies as Alibaba, Tencent, Lenovo shares surge
The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards Chinese technology companies that have been left behind in the…
Kospi tumbles as Asian markets ask if Samsung’s AI boom is priced in
Asia’s chip rally finally met a stronger earnings number it could not celebrate. Samsung Electronics delivered a forecast that would normally electrify the market, pointing to another record quarter as…
NZD/USD forecast: bearish signals emerge ahead of RBNZ decision
The NZD/USD exchange rate pulled back a bit on Tuesday, reacting to more weak US macro data, and as traders refocused on the upcoming Reserve Bank of New Zealand (RBNZ)…