The Nikkei 225 Index retreated by over 1.25% on August 6, as technology companies such as Softbank, Kioxia Holdings, Tokyo Electron, and Advantest pulled back. It also dropped as the Japanese yen resumed its downtrend despite the Bank of Japan (BoJ) and the US government’s rescue. It retreated to 65,455…
Kioxia Holdings stock has suffered a big reversal this year, moving from a high of ¥112,750 in June to the current ¥49,280. This retreat happened despite its strong revenue and profit growth, and mirrors the performance of other memory companies. So, is it safe to buy the dip or sell…
Rolls-Royce share price continued its strong rally this week and is now sitting at a record high of 1,570p. It has jumped by over 46% from its lowest level this year and by 1,295% in the last five years, making it one of the best-performing companies in the FTSE 100…
US President Donald Trump on Monday accused ExxonMobil and Chevron of making excessive profits from elevated fuel prices and urged the country’s largest oil companies to lower gasoline prices for American consumers, marking a rare public rebuke of an industry that has largely backed his energy agenda.“Based on a shortage,…
Top analysts are warning that PresidentTrump risks getting drawn into a forever war, as his options on Iran narrow following his recent flip-flop.These analysts are arguing that Trump lacks any viable options in a war that is now in its sixth month.In an interview with Tucker Carlson, Darryl Cooper, a…
US job openings declined in June, largely reflecting weaker demand in the healthcare and social assistance sector, although stronger hiring and subdued layoffs suggested the labor market remained on stable footing.The Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey (JOLTS) released Tuesday that…
The S&P 500 Index and its top ETFs like VOO and SPY jumped on Monday and are nearing their record highs. It jumped to 7,600 points, its highest level since June 3 of this year. This article explains several reasons why the index and its ETFs have more gains to…
Lumentum stock jumped by over 13% in the premarket session after a highly bullish statement from Mizuho. LITE soared to $881, continuing a recovery that started on July 29 when it bottomed at $594. So, will this rally continue amid the rising valuation concerns?Lumentum stock jumps after crucial upgradeLITE stock…
SpaceX stock will be in focus later today as the company reports its first earnings since going public. Shares rose to $114.45 on Monday, recovering modestly from their record low of $104. Investors are now watching closely to see whether the inaugural earnings report will provide the catalyst for the…
Marvell Technology stock has tumbled sharply in recent weeks, mirroring the broader selloff across leading semiconductor stocks. After soaring to a record high of $329.48, the shares have fallen by more than 40%. Despite the steep correction, Wall Street analysts remain overwhelmingly bullish on the company, with investors now turning their…