Nikkei 225 Index nears crucial price as Kioxia, Tokyo Electron, Softbank stocks surge
The Nikkei 225 Index jumped and neared its all-time high as memory and semiconductor companies like Kioxia, Tokyo Electron, Advantest, and Keyence Corporation soared. It jumped by over 5% to…
Hang Seng Index forms death cross as Anthropic accuses Alibaba of distilling
The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days and is…
Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
The S&P 500 Index has surged more than 21% over the past 12 months and is up 7% year to date, adding trillions of dollars in market value. The rally…
Soaring Western Digital stock faces some major risks: is a reversal coming?
Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960%…
What’s the point of investing in Cathie Wood’s ARKK ETF anyway?
Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68…
UK retail sales fall sharply in June amid weak consumer sentiment
UK retail sales weakened further in June, with volumes falling at a sharper pace and sales performing below seasonal norms to the greatest extent in more than two years, according…
US PCE inflation hits 4.1%, core inflation rate comes at 3.4%
US inflation accelerated further in May, with a key measure of price pressures climbing above 4% for the first time in more than three years as higher energy prices stemming…
What’s the point of investing in Cathie Wood’s ARKK ETF anyway?
Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68…
Micron briefly overtakes Meta, Tesla on AI chip demand surge
Micron Technology (MU) briefly moved ahead of Meta Platforms (META) and Tesla (TSLA) in market capitalization on Thursday, after a strong outlook from the memory chipmaker extended its rally driven…
Apple stock falls as memory shortage forces company to hike Mac and iPad prices
Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models, becoming one of the latest consumer technology companies to pass on soaring…