The S&P 500 Index continued rising and neared its all-time high on Friday as some big tech companies like Nvidia and AMD rebounded. It ended the week at 7,575, with its perpetual futures on Hyperliquid ticking downwards today. This article explains some of the top catalysts for the SPX Index…

SK Hynix’s record-breaking Wall Street debut was followed by a sharp reality check on Monday, as its Seoul-listed shares fell more than 10% at one stage.The pullback came after the chipmaker’s new American depositary receipts surged 12.8% in their first Nasdaq session on Friday.Importantly, the decline was in the Korean…

The Kospi Index moved deeper into correction as the biggest South Korean stocks resumed their freefall. It plunged to 6,806, its lowest level since May 4, and 26% below its highest point this year. This sell-off will likely continue this week as the South Korean Central Bank is expected to…

Asian stocks fell on Monday as renewed fighting in the Gulf pushed oil sharply higher and pulled investors back from risk. Iran said it had closed the Strait of Hormuz, while US officials said some vessels were still being escorted through the waterway, leaving traders to price the risk of…

The Hang Seng Index has stalled at a key resistance level as the recent momentum in China’s technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its lowest level of the year. This article examines the key catalysts expected to drive Hong…

TSMC’s second-quarter revenue beat market expectations, giving investors another sign that demand for AI chips remains strong heading into the semiconductor earnings season. The world’s largest contract chipmaker reported April-June revenue of NT$1.27 trillion, or about $39.63 billion, up 36% from a year earlier and slightly ahead of the NT$1.264…

Investors may be entering a second phase of the artificial-intelligence trade as enthusiasm begins to spread beyond the companies supplying chips and memory for data centres.Semiconductor stocks surged in June while Alphabet, Amazon and Meta came under pressure over the cost of building AI infrastructure. Morgan Stanley strategists now expect…

Nvidia stock’s (NASDAQ: NVDA) latest movement has little evidence that the AI infrastructure boom is losing momentum.NVDA jumped 4% on Friday to close at $210.96, extending their weekly gain to about 8.3% as investors returned to the AI-chip leader following a period of relative underperformance. The advance left the stock…

London’s FTSE 100 was little changed on Monday as gains in oil majors helped offset weakness in financial shares, leaving investors to weigh the market impact of renewed US-Iran military exchanges.The blue-chip index edged up 0.03% to 10,499.88 points by 0927 GMT, while the domestically focused FTSE 250 slipped 0.1%.…