Stocks

22 August 2024
Nvidia challenged by the AMD strategic acquisition in AI

Key Points: The dominance of Nvidia in AI infrastructure faces a potential challenge as AMD acquired ZT Systems for $4.9 billion in a bid. The stock price of Nvidia mellowed down as a commercial threat is likely from this acquisition. …

21 August 2024
Nikkei declines as yen gains strength and US jobs data approaches

Key points: Nikkei 225 falls 0.7% as yen strengthens against the dollar, impacting exporter shares. Investors await U.S. employment data revisions, which could drive market volatility if job figures are weaker than expected. Japan’s Nikkei 225 fell 0.7% to 37,805.35 …

20 August 2024
Japan’s Nikkei rises on weaker yen and tech sector gains

The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a …

16 August 2024
Nikkei continues the rally on strong US retail sales data 

The Japanese stock market index, Nikkei share average (Symbol: Nikkei225) climbed close to 3%, setting the stage for its best weekly performance in over four years.  

15 August 2024
Nikkei rises on strong economic growth and positive U.S. signals

Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an …

14 August 2024
Google may break up as the US DOJ weighs options 

Explore the potential market impacts of a potential Google breakup as the DOJ considers divesting key assets like Android and Chrome.

13 August 2024
Nikkei rises as Japanese yen stabilises, with tech shares leading gains

The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.

7 August 2024
Airbnb Q2 2024 earnings with EPS miss and revenue beat 

Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.

7 August 2024
Asia stocks rise, yen retreats after BOJ rules out rate hikes

Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall …

7 August 2024
US stock market rebound after major market selloff during recession fears

US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.

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