Tag Archives: Stocks
Nasdaq 100 hits 7-week lows during tech rout
The Nasdaq composite falls to its lowest level since early June, marking its worst two-day drop since September 2022. Read more to find out about the market implications and outlook.
Tesla stock drops as Q2 profits halve
Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.
S&P 500 rebounds as tech shares lead market recovery
The S&P 500 rallied with tech shares like Nvidia surging. Biden’s decision not to seek re-election adds volatility. Read more on the latest market trends and forecasts.
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally
Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.
Nikkei rebounds as chipmakers and shippers lead rally
Japan’s Nikkei 225 index rebounds from a three-week low, driven by gains in chipmakers and shippers. Explore market implications and short-term trading opportunities.
Netflix stock stagnates as quarterly revenue disappoints
Netflix reports underwhelming quarterly revenue despite new subscriber gains, causing its stock to flatline. Read more about the market implications and forecasts.
Taiwan dollar hits 8-year low on chip sell-off
The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in U.S. policy if Donald Trump wins the presidency.
Nvidia shares plunge in the face of geopolitical tensions
Nvidia stock prices drop as geopolitical tensions and regulatory concerns spook the market. Explore the implications and forecasts.
Japan’s Nikkei drops 2% on global chip sell-off and surging yen
Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since July 2.
Google eyes $23 billion acquisition of cybersecurity firm Wiz
Key Points: Google (Symbol: GOOG) is reportedly in discussions to acquire cybersecurity firm Wiz for $23 billion. This acquisition, if completed, will mark the largest ever purchase of Google, surpassing its $12.5 billion acquisition of Motorola Mobility in 2012. The deal highlights a strategic push from Google to enhance its cloud computing and cybersecurity offerings,Continue Reading
