KOSPI surges 3% as AI optimism returns and Goldman backs 12,000 target
South Korea’s KOSPI surged about 3% on Monday, leading gains across Asia as investors piled back into semiconductor stocks on renewed optimism over artificial intelligence demand. The benchmark opened 3.34%…
Nikkei 225 Index outlook: top catalysts that will move Japan stocks this week
The Nikkei 225 Index rose on Monday, helped by the ongoing technology stocks rebound. It jumped by 1.65%, reaching a high of 66.130, its highest level since August 28, and…
Software stocks are back from the dead as AI fuels growth: can the rally continue?
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins…
ARB price prediction: How Robinhood Chain growth is boosting Arbitrum
Arbitrum price has made a strong bullish breakout, reaching its highest level since January this year. ARB jumped to $0.1950, up by 175% from its lowest level this year, making…
Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average…
AMD stock forecast: why this Nvidia rival is on the cusp of a breakout
AMD stock has pulled back over the past few months, falling from a high of $584.90 in June to around $456 currently. During this correction, the stock has gradually formed…
Why is the Nikkei 225 surging even as a soaring yen threatens Japan exporters?
Japan’s Nikkei 225 rebounded on Friday as easing fears of an imminent US rate increase helped technology shares recover, even as a sharp rally in the yen created a fresh…
Kospi Index nears an inflection point as South Korean won jumps
The Kospi Index rose by over 1% on Friday as a sense of calm emerged ahead of the upcoming US nonfarm payroll (NFP) data. It rose to 6,663 points even…
Why Jim Cramer thinks Nvidia needs an Apple-style $500 billion stock buyback
Jim Cramer thinks Nvidia should make a bigger bet on its own shares. The CNBC host has urged the chipmaker to launch a $500 billion stock-buyback programme, arguing that Nvidia…
Crude oil price forecast as Iran ramps up attacks on Kuwait
Crude oil price jumped to a crucial resistance level as the crisis in the Middle East continued. Brent, the global benchmark, jumped to $95.3, while the West Texas Intermediate (WTI)…