Bernstein analysts expect the wafer fab equipment market to remain “flat-ish” next year after an estimated 10% growth on the back of continued demand from China in 2024. Still, the investment firm likes two European semiconductor stocks: BE Semiconductor Industries NV and Infineon Technologies AG for the coming year. Here’s…
Rigetti Computing (RGTI) continued to rise spectacularly on Friday, with shares seen increasing by more than 13% to $17.53 during morning trading. The gain follows a record close at $15.44 on Thursday, marking the fifth consecutive session of gains for the quantum-computing services company. Rigetti’s shares have skyrocketed more than…
Shocking news emerged recently as labour officials in Brazil revealed that employees from China working at a construction site linked to BYD Electric Vehicle company are believed to be victims of human trafficking activities. According to a Reuters report, these revelations have sparked controversy and raised concerns for BYD and…
Luminar Technologies Inc (NASDAQ: LAZR) has managed to increase its sales by about five times over the past four years. But that may still not be enough for investors as the company’s revenue growth has, nonetheless, fallen significantly short of the pace its management guided for in 2020. LAZR ended…
2024 has been a challenging year for Indian steelmakers as India’s finished steel imports from China reached an all-time high during the first eight months of FY25, and India became a net importer of steel during the period. India shipped in 6.5 million metric tons of finished steel, a 26.6%…
The GoPro stock price continued declining in 2024, fueled by concerns about its viability. During the year, it crashed by 68%, valuing the company at just $171 million, much lower than its all-time high of $2.6 billion. So, what’s next for the GPRO shares? GoPro’s business is struggling GoPro, a…
Similarweb’s stock price performed well in 2024 as the company’s business gained momentum. SMWB rose by over 170%, bringing its valuation to over $1.2 billion. It outperformed most companies and key indices like the S&P 500 and Nasdaq 100. So, is Similarweb a good company to buy in 2025? Similarweb’s…
The iShares 20+ Year Treasury Bond ETF (TLT) continued retreating this week, falling from the year-to-date high of $100.2 to the current $87.82. It has plunged to its lowest level since May 31st and formed a death cross pattern. So, what next for the blue-chip bond ETF as outflows surge?…
Asian markets continue to show resilience, with traders remaining cautiously optimistic as they navigate year-end trading amidst mixed global cues and expectations of a more accommodative monetary policy environment in 2025. However, trading volumes remain subdued as investors approach the end of a holiday-shortened week. Nikkei breaches 40,000 mark In…
The Indian stock market galloped on Thursday morning showing strong signs of recovery. The Sensex advanced 531.45 points, or 0.68%, at 79,009.03, while the Nifty gained 172.15 points, or 0.72%, at 23,924. Foreign institutional investors (FIIs) offloaded equities worth ₹2,376.67 crore on December 26, while domestic institutional investors (DIIs) stepped…