Kospi Index, South Korean won are slumping: what next?
South Korea’s stocks have retreated sharply in the past few weeks as the impact of the ongoing US-Iran war continued. The Kospi Index dropped by over 3.3% on Tuesday, down…
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Nikkei 225 Index at risk as US-Iran war takes a new twist
The Nikkei 225 Index dropped to a crucial support level on Monday as energy prices soared, with the US-Iran war taking a new twist during the weekend. It retreated to…
Dow Jones plunges nearly 800 points: longest weekly losing streak in 4 years
US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging…
Why is OpenAI shutting down Sora just months after launch?
OpenAI is closing down its video generation platform Sora just months after its launch, marking a sharp shift in priorities at the company behind ChatGPT. The move comes as OpenAI…
Hang Seng Index is rising today: is this a bull trap or start of a rally?
The Hang Seng Index jumped by 1.4% on Tuesday as global stocks soared after the latest developments on the ongoing Iran war. It jumped to H$ 24,630 from this week’s…
Can Iran trigger a US bond market shock? Wall Street is on edge
The global stock markets are already reeling with the escalation of war in the Middle East, and Iran’s latest warnings exacerbated those tensions. Iranian Parliament Speaker Mohammad Bagher Ghalibaf said…
Iran war, credit crunch, and AI: inside the global market meltdown
It’s only March, and investors have already absorbed a hot war in the Middle East, a credit system showing cracks, a brutal tech repricing, and two of the world’s most…
S&P 500 down 1.5%, Dow Jones slip 400 points as Iran conflict lifts oil
US stocks closed sharply lower on Friday, as escalating tensions in the Middle East and surging oil prices weighed on investor sentiment and raised concerns about inflation and interest rates.…
Nifty 50 Index forms a death cross as Bajaj, Tata Motors, HDFC shares tumble
The Nifty 50 Index remains in a deep sell-off this week as concerns about the Indian economy face major challenges amid the ongoing Iran war. It dropped to INR 22,940…
HSBC share price outlook as it eyes another round of layoffs
The HSBC share price has slumped and moved into a correction after falling by 12% from its highest point this year. It has dropped to 1,210p, mirroring the performance of…