All three major U.S. indices fell Tuesday as a broad semiconductor selloff swept global markets. Micron plunged 13%, AMD and Qualcomm fell 6–8%, and SK Hynix tumbled 12% in Asia. The VIX surged to 19.49 as markets priced in two Fed rate hikes. Blackstone...
Mainland China: A-shares fell sharply as high-flying growth sectors triggered an aggressive retracement. The Shanghai Composite dropped 1.37% to 4,106.25, and the ChiNext tumbled 3.84% to 4,192.19, with combined turnover tightening to RMB 3.44 trillion as conc...
Recent shifts in hedge fund positioning underscore a highly cautious stance among institutional investors. On Monday (June 22), Goldman Sachs’ Prime Brokerage division reported that hedge funds turned into net sellers of global equities last week for the...
On Tuesday, the Japanese yen sustained its downward trajectory, hovering near its lowest level in almost four decades and reigniting intense market chatter regarding potential currency intervention by Tokyo. During Tuesday's sessions, the yen weakened to as lo...
U.S. equities closed mixed Monday as declines in large-cap tech — including Alphabet — weighed on the S&P 500 and Nasdaq, while strength in healthcare and industrials lifted the Dow to a fresh record close. SpaceX fell 16.4% following its IPO d...
After the US close on June 24, Micron Technology—one of the global memory triumvirates—is scheduled to report its 26FYQ3 financial results and issue forward guidance for the subsequent fiscal quarter. Backed by a relentless run-up in global memory...
US stock index futures advanced modestly Monday as Wall Street parsed early-stage geopolitical commentary out of Switzerland. European benchmarks traded mixed. While preliminary US-Iran negotiations opened to a rocky start, investors maintained baseline optimi...
Mainland China A-shares registered broad-based gains. The Shanghai Composite Index rose 1.78% to 4,163.10; the Shenzhen Component climbed 2.13% to 16,372.50; and the ChiNext Index advanced 2.52% to 4,359.39, touching a fresh historical high. Insurance, brokera...
During Monday's Asian trading session, SK Hynix briefly overtook Samsung Electronics in market capitalization, marking the first time in 26 years that the chipmaker became South Korea's most valuable listed company. The milestone caps a stunning corporate turn...
Goldman Sachs has revised down its global smartphone shipment forecasts for 2026 and 2027, warning that persistently high memory silicon pricing will continue to weigh on consumer demand. Silicon Shortages Crimp Handset Demand The bank trimmed its global smart...
AI bull market reignited as SOXX surged 6.42% and semis led a broad recovery. Iran blockade removal unlocks Hormuz shipping lanes, reducing geopolitical risk premium. Warsh rate-hike risk remains an overhang, keeping sentiment cautious at 44 (Mild Fear). Daily...
Mainland China: A-shares closed highly fragmented. The Shanghai Composite Index fell 0.43% to 4,090.48, while the tech-centric Shenzhen Component gained 0.94% to 16,030.70, and the ChiNext Index surged 2.05% to 4,252.39. Secular growth engines like semiconduct...
Goldman Sachs Vice Chairman and former Dallas Fed President Rob Kaplan stated that the Federal Reserve may need to hike interest rates as early as September if inflation remains sticky. "If inflation doesn't cool between now and September, the balance of risks...
Traders have fully priced in a Federal Reserve rate hike by October after central bank officials signaled that tightening could materialize within the coming months, triggering a violent spike in short-duration Treasury yields. Following Wednesday’s poli...
Warsh’s hawkish debut triggered broad risk-off: all three major indices fell, the 2-year Treasury yield surged 10+ bps to a 14-month high, and rate-hike odds topped 85%. The U.S.–Iran MOU was signed remotely. Crypto sold off across the board. Daily...
US equity index futures traded mixed on Wednesday. Dow futures flirted with the flatline, while S&P 500 and Nasdaq 100 futures captured modest gains, lifted by a broad-based recovery across the semiconductor complex. European benchmarks traded generally hi...
Wells Fargo has raised its year-end 2026 S&P 500 price target to 7,950 from 7,300, citing robust corporate earnings momentum, diminished macroeconomic tail risks following the interim US-Iran peace framework, and a healthy sentiment reset triggered by the...
Following a blockbuster Nasdaq debut, aerospace and artificial intelligence pioneer SpaceX has fueled a frenzy for next-generation AI proxies, triggering a wave of esoteric derivative products across capital markets. Late Monday, two Wall Street asset manageme...
Markets turned cautious as tech sold off ahead of Warsh’s inaugural FOMC press conference. The Dow hit a fresh record while Nasdaq fell 1.15%. Oil slid on Iran MOU supply fears. SpaceX rallied for a third straight session, lifting its market cap to $2.65...
US equity index futures flirted with the flatline Tuesday. Dow futures edged modestly higher, while S&P 500 and Nasdaq 100 futures held near steady. European benchmarks traded broadly higher. In the previous session, the Dow Jones Industrial Average advanc...
