Asian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US Federal Reserve would soon begin cutting interest rates. Gains across the region, however, were tempered by escalating trade tensions between Washington and Beijing. China and Hong Kong stocks feel jitters China’s Shanghai Composite Index fluctuated through
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Asian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US Federal Reserve would soon begin cutting interest rates. Gains across the region, however, were tempered by escalating trade tensions between Washington and Beijing. China and Hong Kong stocks feel jitters China’s Shanghai Composite Index fluctuated through
2.8KDow futures rose nearly 150 points on Thursday, reflecting cautious optimism among investors following strong earnings from major banks. A similar pattern was visible across other Wall Street indices like the S&P, futures were up 0.1% and Nasdaq 100 futures increased 0.2% today. Amid increased uncertainty over escalating US-China trade tensions and government shutdown, the
Dow futures rose nearly 150 points on Thursday, reflecting cautious optimism among investors following strong earnings from major banks. A similar pattern was visible across other Wall Street indices like the S&P, futures were up 0.1% and Nasdaq 100 futures increased 0.2% today. Amid increased uncertainty over escalating US-China trade tensions and government shutdown, the
3.5KEven as gold prices continue to hit new record highs every trading day, the rally might still have some legs, according to the World Gold Council. Gold hit a new high of $4,258.76 per ounce on Thursday. Its future trajectory hinges on investor reactions to tactical and fundamental elements. “In our view, comparisons to 1979
Even as gold prices continue to hit new record highs every trading day, the rally might still have some legs, according to the World Gold Council. Gold hit a new high of $4,258.76 per ounce on Thursday. Its future trajectory hinges on investor reactions to tactical and fundamental elements. “In our view, comparisons to 1979
2.1KThis week was marked by sweeping moves from the White House, sharp turbulence in cryptocurrency markets, and a controversial shift in US health policy. Here’s a breakdown of the key events that transpired in the week. Trump signs executive order on TikTok deal President Donald Trump signed an executive order approving a restructuring of TikTok’s
This week was marked by sweeping moves from the White House, sharp turbulence in cryptocurrency markets, and a controversial shift in US health policy. Here’s a breakdown of the key events that transpired in the week. Trump signs executive order on TikTok deal President Donald Trump signed an executive order approving a restructuring of TikTok’s
4.2KWall Street analysts are growing increasingly optimistic about Meta stock, highlighting a potential $25 billion revenue gain that could come from the company’s evolving advertising approach on WhatsApp, Threads, and AI-driven platforms. This forecast has investors taking note, as Meta’s ability to monetize its messaging apps and integrate advanced AI tools signals a promising evolution
Wall Street analysts are growing increasingly optimistic about Meta stock, highlighting a potential $25 billion revenue gain that could come from the company’s evolving advertising approach on WhatsApp, Threads, and AI-driven platforms. This forecast has investors taking note, as Meta’s ability to monetize its messaging apps and integrate advanced AI tools signals a promising evolution
3.6KThe S&P 500 Index has been in a strong bull run this year, and is now hovering at its highest level on record. It was trading at $6,643 on Friday, a few points below the all-time high of $6,693. The index reacted to several important news events last week, with a speech by Jerome Powell
The S&P 500 Index has been in a strong bull run this year, and is now hovering at its highest level on record. It was trading at $6,643 on Friday, a few points below the all-time high of $6,693. The index reacted to several important news events last week, with a speech by Jerome Powell
2.5KBitcoin treasury stocks have plunged this year, shedding billions of dollars in value. The MSTR stock price has plunged to $300, down from the all-time high of $543. This article explores why these stocks have plummeted this year. Bitcoin treasury stocks have plummeted this year MSTR stock has plunged by about 31% from its highest
Bitcoin treasury stocks have plunged this year, shedding billions of dollars in value. The MSTR stock price has plunged to $300, down from the all-time high of $543. This article explores why these stocks have plummeted this year. Bitcoin treasury stocks have plummeted this year MSTR stock has plunged by about 31% from its highest
2.7KMicron Technology’s stock could see further upside, according to UBS, as the semiconductor market faces a widening supply-demand imbalance. The investment bank reiterated its “buy” rating on the chipmaker and raised its 12-month price target to $245 per share, up from $225. The new forecast implies a potential 28% rally from Micron’s Wednesday closing price
Micron Technology’s stock could see further upside, according to UBS, as the semiconductor market faces a widening supply-demand imbalance. The investment bank reiterated its “buy” rating on the chipmaker and raised its 12-month price target to $245 per share, up from $225. The new forecast implies a potential 28% rally from Micron’s Wednesday closing price
3.2KFoxconn shares experienced a significant rise on Thursday after its Chairman confirmed the meetings with OpenAI, deepening its commitment to artificial intelligence by expanding collaborations. The company is signalling a strategic shift from traditional contract manufacturing to a pivotal role in AI hardware infrastructure. Following a high-profile meeting between Foxconn’s chairman, Young Liu, and OpenAI
Foxconn shares experienced a significant rise on Thursday after its Chairman confirmed the meetings with OpenAI, deepening its commitment to artificial intelligence by expanding collaborations. The company is signalling a strategic shift from traditional contract manufacturing to a pivotal role in AI hardware infrastructure. Following a high-profile meeting between Foxconn’s chairman, Young Liu, and OpenAI
2.5KUS consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University of Michigan’s final Consumer Sentiment Index fell to 55.1 from 58.2 in August, marking a 5.3% monthly decline and a 21.6% drop compared with a year earlier. The index was revised further down from the
US consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University of Michigan’s final Consumer Sentiment Index fell to 55.1 from 58.2 in August, marking a 5.3% monthly decline and a 21.6% drop compared with a year earlier. The index was revised further down from the
