Kospi Index jumps as Samsung, SK Hynix lead, but beware of key risks
South Korea’s Kospi Index jumped by over 4% on Friday, capping a highly volatile week that saw it plunge to 7,060, its lowest level since May 20. It remains in…
ITW stock: New dividend king slowly forms a highly bullish pattern
Illinois Tool Works (NYSE: ITW) stock has pulled back in the past few days as investors position themselves for the upcoming earnings report that will provide more color on its…
Dow rises as Wall Street awaits SK Hynix debut, tracks Iran tensions
Wall Street opened in green on Friday as investors awaited the Nasdaq debut of South Korean memory chipmaker SK Hynix while continuing to monitor renewed tensions in the Middle East…
ITW stock: New dividend king slowly forms a highly bullish pattern
Illinois Tool Works (NYSE: ITW) stock has pulled back in the past few days as investors position themselves for the upcoming earnings report that will provide more color on its…
Josh Brown reveals the best bank stock to own heading into Q2 earnings
NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure.However, the narrative has flipped,…
Strategy (MSTR) stock gains as Standard Chartered backs $100K Bitcoin forecast
Strategy Inc. MSTR (formerly known as Microstrategy) gained on Friday after Standard Chartered said recent weakness in bitcoin reflects investor uncertainty over the company’s evolving strategy rather than any deterioration…
Why Nvidia stock is up around 2% on Friday
Nvidia stock (NVDA) traded higher on Friday as investors looked past reports that one of the company’s largest customers is stepping up development of its own artificial intelligence processors.The stock…
Hang Seng Index rally has stalled: what next for Hong Kong stocks?
The Hang Seng Index retreated to 24,011 on Thursday, paring back some of the gains made a day earlier. This drop mirrored developments in key markets like in the United…
USD/ZAR forecast: falling wedge points to a South African rand pullback
The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the Middle East. It jumped to 16.50 on…
Lloyds share price is up 47% in 12 months: why it may soar to 141p
Lloyds share price has pulled back over the past few days, falling from its year-to-date high of 116p to the current 112.10p. Although the stock has surged by 47% over…