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TSMC stock rises after Q2 revenue beat: can earnings keep the rally alive?

TSMC’s second-quarter revenue beat market expectations, giving investors another sign that demand for AI chips remains strong heading into the semiconductor earnings season. The world’s largest contract chipmaker reported April-June…

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Investing

Top 4 catalysts that will drive the Hang Seng Index this week

The Hang Seng Index has stalled at a key resistance level as the recent momentum in China’s technology sector fades. The index was little changed on Monday, trading at around…

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Stock

Why retail investors are ditching broader index bets for selective trades

Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities…

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Investing

WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz

West Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73, with its 24-hour volume and…

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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…

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Investing

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…

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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…

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Investing

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…

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Stock

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…

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Investing

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…

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