Hang Seng Index rallies as Alibaba, Tencent, Lenovo shares surge
The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards Chinese technology companies that have been left behind in the…
Nvidia stock hits key support, forms bullish pattern as key valuation metric dips
Nvidia stock remains under pressure this week as the recent sell-off continues. It dropped to $189, down by 18% from its highest point this year, with its valuation falling by…
Nio stock crashes on weak outlook despite EV delivery surge: now what?
Nio stock price dropped below a crucial support level as demand for Chinese electric vehicle shares fell. It dropped to a multi-month low of $4.88 in New York, down by…
Celestica stock is up 125% in 12 months: more upside ahead?
Celestica stock has done well in the past few years, helped by the ongoing artificial intelligence (AI) boom. Its US stock has jumped by 125% in the last 12 months…
Plug Power stock sinks even as turnaround story builds, short interest hits 27.4%
Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have…
ECB gives eurozone banks four months to counter AI risks
The European Central Bank has given eurozone banks four months to develop plans aimed at countering artificial intelligence (AI)-enabled cyber threats that could undermine confidence in the financial system and…
Bank of England warns AI could amplify market and cyber risks
The Bank of England has warned that artificial intelligence is emerging as a growing threat to financial stability, citing heightened market expectations, rising leverage and increasing cyber risks linked to…
Dow falls 500 points as Trump’s Iran remarks send oil prices higher
US stocks opened lower on Wednesday after President Donald Trump said an interim agreement aimed at ending the conflict with Iran was “over,” triggering a broad risk-off move across global…
Celestica stock is up 125% in 12 months: more upside ahead?
Celestica stock has done well in the past few years, helped by the ongoing artificial intelligence (AI) boom. Its US stock has jumped by 125% in the last 12 months…
Plug Power stock sinks even as turnaround story builds, short interest hits 27.4%
Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have…