Kospi Index, EWY ETF jumps after Micron earnings, but major risks remain
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South Korea’s Kospi Index jumped by over 5% on Thursday, and is slowly nearing its all-time high of 9,387. It has soared by 184% in the last 12 months, making…
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Wendy’s shares surge on short-squeeze hopes: Is this the next meme stock?
Wendy’s shares WEN surged more than 30% in early trading on Wednesday as retail investors piled into the fast-food chain, overshadowing the company’s latest executive appointment and reviving memories of…
STOXX 600 opens flat as investors weigh US-Iran talks and ECB outlook
European shares were muted at the open on Wednesday as investors assessed developments in US-Iran negotiations, monitored the outlook for central bank policy, and reacted to sector-specific moves across the…
Amazon Prime Day begins today: Here’s what AMZN investors should know
AMZN kicked off its 12th annual Prime Day event on Tuesday, launching a four-day shopping extravaganza featuring millions of deals across more than 35 countries. For the e-commerce giant, Prime…
Qualcomm eyes modular AI deal as stock falls on tech selloff pressure
Qualcomm Inc. shares moved lower on Tuesday, falling about 6% in trading as a broader technology selloff weighed on sentiment, even as fresh reports pointed to an expansion of its…
CAT stock hits $1,000 on AI demand: Here are two other stocks powering the boom
The artificial intelligence boom has created enormous wealth for chipmakers and cloud computing giants. Yet some of the stock market’s biggest winners this year have been companies selling products that…
Fervo Energy stock jumps on Nvidia AI partnership despite wider-than-expected loss
Shares of Fervo Energy FRVO surged on Monday as investors looked past a wider-than-expected quarterly loss and instead focused on the geothermal company’s new artificial intelligence partnership with Nvidia. The…
Bank of America names Nvidia, Meta and three others top tech stocks for H2
Bank of America has identified a fresh set of technology stocks that it believes are well-positioned heading into the second half of the year, with artificial intelligence and enterprise software…
Top 3 catalysts for the S&P 500 Index this week
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…
Why a hawkish Fed isn’t scaring Wall Street
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…