Japan stocks surged on Monday morning as investors embraced a risk-on sentiment following the deal between the US and Iran. The Nikkei 225 surged to a record high of ¥69,593, while the Topix soared to ¥4,023. This article looks at the top catalysts for Japanese stocks this week.Nikkei 225 and…
SoftBank Group stock surged nearly 13% in Tokyo trading on Monday, extending one of the most closely watched AI rallies in global markets.The move reflects a deeper re-rating of Masayoshi Son’s sprawling investment group, whose biggest AI bets, including Arm, OpenAI, data centres, and robotics, are now moving in the…
Sigma Healthcare stock jumped on Monday after the Australian pharmacy group walked away from a potential deal to buy UK pharmacy chain Boots.The development looks like a rare case of investors rewarding a company for saying no to expansion.The stock rose 8% to A$2.85 after Sigma said it would immediately…
The Kospi Index jumped sharply on Monday as Asian stocks welcomed the new deal between the United States and Iran. It rose to 8,570 KRW, its highest point since June 4, and much higher than this month’s low of 7,373 KRW. South Korean stocks and bonds are jumping todayThe Kospi Index…
Europe’s benchmark stock index rose to a record high on Monday as investors welcomed a preliminary US-Iran agreement that could end the war and reopen the Strait of Hormuz. The Stoxx Europe 600 moved beyond its previous peak as oil prices fell sharply, reducing fears that another energy shock would…
Scottish Mortgage Trust share price jumped by over 1% on Friday, paring back some of the losses made earlier that week as investors cheered the SpaceX IPO, which marked a major milestone for the fund. It jumped to a high of 1,497p before paring back the gains to close at…
Zhipu AI shares surged 33% after a US restriction on Anthropic’s most advanced models unexpectedly became a rallying point for Chinese artificial intelligence stocks.The Trump administration’s order requiring Anthropic to block access to Fable 5 and Mythos 5 for foreign nationals has sharpened a new fault line in the AI…
SpaceX stock climbed in premarket trading on Monday after the Elon Musk-led company delivered a strong debut on the Nasdaq, with investors betting that upcoming index inclusions could provide another catalyst for gains.The stock rose about 6.7% before the opening bell, exceeding the $170 mark after ending its first trading…
Global stocks and cryptocurrencies are rallying today, with top Asian indices like the Nikkei 225, Kospi, and Topix jumping by over 5%, after the US and Iran confirmed that they had reached an agreement. The two sides, however, did not provide more details on the memorandum of understanding (MoU). This…
Goldman Sachs stock price is doing well this year, helped by the ongoing trends in the financial services industry. GS jumped to a high of $1,062 on Friday, up by 20% this year and 70% in the last 12 months. This surge may continue as key catalysts remain.Goldman Sachs has…