Stocks

8 July 2024
Japan’s Nikkei edges higher with profit-taking and market adjustments

The Nikkei share average saw modest gains on Monday, tempered by profit-taking following last week’s record highs. Market sentiment remains cautious with key economic data on the horizon.

5 July 2024
Tesla stock surges on strong Q2: Musk reclaims title of wealthiest person 

Stock price of Tesla rebounds by 75%, driven by strong Q2 delivery figures. Elon Musk reclaims the top spot among the rich in the world, with a net worth of $252 billion.

4 July 2024
Asian stocks reach 27-month high, dollar falls on rate cut speculation

Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …

3 July 2024
Nasdaq composite hits record high with AI optimism and strong earnings prospects 

Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.

3 July 2024
Japan’s Nikkei climbs as tech stocks follow US growth shares

Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.

2 July 2024
Apple and Tesla boost stocks in pre-holiday trading

Key points: Apple and Tesla drive S&P 500 higher. Manufacturing PMI weakens in June. Chewy drops despite Keith Gill’s stake disclosure. The stock market experienced gains on Monday, driven by strong performances from Apple and Tesla. Despite light pre-holiday trading, …

28 June 2024
Stocks edge up, bond yields dip; inflation data ahead

Key points: US stocks finish slightly higher Yen inches up vs US dollar US presidential debate set for late Thursday Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports …

28 June 2024
Q4 revenue of Nike falls following decrease in North American footwear sales 

Key points:  The net profit of Nike for the quarter ended May 31 exceeded expectations by 15.11%.  Revenue fell 1.7% to $12.61 billion, missing the expected $12.86 billion.  Footwear sales in North America dropped 6% to $3.59 billion, contributing to …

27 June 2024
Japan’s Nikkei dips on yen intervention fears

Key points: Nikkei closed down 0.82% at 39,341.54, with technology shares dragging. Yen touched 160.88 per dollar overnight, raising intervention concerns. Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes …

26 June 2024
Nvidia boosts stock gains; Dollar edges higher against yen

Key points S&P 500, Nasdaq end higher, Dow down U.S. dollar index edges up, dollar up vs yen Nvidia shares bounce after recent losses Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a …

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