Kospi Index slides as foreigners dump ahead of Samsung earnings
The Kospi Index retreated by over 1.5% today, July 6, as foreign investors continued to sell their shares ahead of Samsung Electronics’ preliminary earnings report. It was trading at 7,947,…
Here’s why BAE Systems, St. James Place, and IAG shares are rising as FTSE 100 stalls
Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point…
Dow Jones index hits record high as these stocks lead the rally
The Dow Jones Index jumped to a record high last week, helped by strong performance of some traditional companies. It jumped to a high of 52,905, up by 17% from…
Micron stock has lost momentum on AI bubble fears: buy, sell, or hold?
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since…
Sandisk stock forms a bearish divergence, enters a risky Wyckoff phase
Sandisk stock price has suffered a harsh reversal recently as the recent bull run hits a wall. SNDK dropped by 14% on Friday, reaching its lowest level since June 11.…
Is UK falling behind amid political uncertainty? Zero Sum finds out
Britain has had six prime ministers in under a decade, yet financial markets have grown remarkably unfazed by the political churn.Does that mean investors have become desensitised to Westminster, or…
Broadcom extends Apple chip partnership through 2031, stock climbs 5%
Broadcom Inc. AVGO shares rose 5.3% in trading on Monday after the semiconductor company announced an extension of its long-standing partnership with Apple Inc. through 2031.The agreement reinforces Broadcom’s position…
Oracle shares rose as investors reassess AI-driven sell-off
Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment.The recovery also came as broader market…
Tesla stock up 3% today after Thursday’s selloff: what’s behind the rebound?
Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report.The rebound came as the electric-vehicle maker…
MU, AMD, other chip stocks gain, but Morgan Stanley sees pivot away from chipmakers
Semiconductor stocks were in the green on Monday, but Morgan Stanley says recent weakness in the category suggests investors are increasingly looking beyond chipmakers and toward a broader set of…