Despite a notable pullback in global oil prices, the chip-stock rebound lost steam on Tuesday, dragging the S&P 500 and Nasdaq back into the red. Over 160 tankers remain stranded in the Persian Gulf as the conflict exceeds 100 days. Broadcom, Apollo, and B...
US stock index futures advanced in pre-market trading Tuesday, tracking a sustained recovery into a second consecutive opening session as hostile geopolitical frictions in the Middle East cooled noticeably over the past 24 hours. As of press time, Nasdaq 100 I...
Mainland China: Benchmarks staged a powerful rally. The Shanghai Composite advanced 1.28% to close at 4,010.03, the Shenzhen Component surged 3.02% to 15,268.71, and the ChiNext index jumped 3.93% to 3,961.75. High-growth sectors including semiconductors, tele...
Index provider MSCI Inc. confirmed Monday that it will leverage its existing regulatory framework to permit mega-cap IPOs to be fast-tracked into its global standard indices. The decision is highly likely to clear the path for a rapid inclusion of SpaceX, trig...
U.S. stocks ended mostly higher Monday, led by a sharp rebound in chipmakers as investors sought bargains following Friday's selloff. Relieved by a halt in Iran-Israel hostilities, the Nasdaq jumped 0.86% while the S&P 500 rose 0.30%. Intel surged 11% on G...
Mainland China: Benchmarks suffered deep pullbacks. The Shanghai Composite dropped 1.70% to 3,959.34, and the Shenzhen Component plummeted 3.22% to 14,821.19, while the ChiNext tumbled 3.69% to 3,811.79. High-growth sectors including semiconductors, telecommun...
Timothy Moe, Chief Asia-Pacific Equity Strategist at Goldman Sachs, stated in a media interview that South Korean equities are projected to rebound and print fresh all-time highs following Monday’s (June 8) spectacular drop. "In the long run, this will p...
SpaceX's historic "IPO of the century" is scheduled to launch this Friday (June 12). Yet, despite intense market anticipation, investors are growing increasingly skeptical of whether the aerospace pioneer's targeted $1.77 trillion valuation holds water. The la...
U.S. stocks suffered their steepest single-day losses of the year on Friday, as a blowout May jobs report stoked fears of a more hawkish Federal Reserve. The Nasdaq posted its worst daily decline since April 2025, falling over 4%. The S&P 500 snapped a nin...
Carsten Fritsch, a senior commodity analyst at Commerzbank, noted Thursday that while gold prices have remained depressed due to a structural hawkish shift in US monetary policy expectations since the outbreak of the war with Iran, the precious metal is ultima...
A violent semiconductor sell-off on Thursday forced Broadcom Inc. and Micron Technology Inc. to simultaneously register their largest single-day market capitalization losses on record. Together, the two semiconductor behemoths bled approximately $3800 billion...
U.S. stocks closed mixed Thursday as Middle East peace optimism lifted the Dow to a record high, while Broadcom’s disappointing earnings triggered a sharp chip-sector selloff that dragged the Nasdaq modestly lower. Lululemon cut its full-year revenue gui...
US stock index futures tied to the tech-heavy Nasdaq tumbled over 1% in pre-market trading Thursday (June 4) as traders aggressively unloaded semiconductor equities following a disappointing earnings report from Broadcom. As of press time, Dow Jones Industrial...
Chinese Mainland Market As of close, the Shanghai Composite Index rose 0.96% to 4,152.57 points; the Shenzhen Component Index gained 1.66% to 15,856.61 points; the ChiNext Index climbed 2.10% to 4,021.16 points. By sector, growth sectors including semiconducto...
TSMC CEO C.C. Wei stated Thursday at the firm’s annual shareholders' meeting that the world's largest dedicated foundry remains highly confident in its multi-year growth trajectory. The optimistic outlook is underpinned by robust global appetite for comp...
U.S. stocks pulled back from record highs on Wednesday as investors took profits amid escalating Middle East tensions and rising crude oil prices. Broadcom’s Q3 AI chip guidance of $16B missed the $17.2B consensus, cooling near-term AI hardware sentiment...
US stock index futures drifted lower Wednesday, aligning with a broad-based consolidation across major European equity benchmarks. Pre-market economic indicators revealed that US ADP National Employment added 122,000 jobs in May, running ahead of consensus est...
As of early June, South Korea’s benchmark Kospi index has rallied from roughly 4,300 points at the start of the year to clear the 8,800 threshold, securing a blistering year-to-date advance of over 100% and effectively doubling in 2026. However, a select...
The US stock market has just staged a rare rally seen only four times since World War II. Despite the ongoing war with Iran, the S&P 500 Index has registered one of its strongest two-month performances on record. While this is a remarkable milestone, it al...
U.S. equities edged higher Tuesday, with all three major indices posting modest gains and continuing to set fresh records. Marvell Technology surged 32.5% after Nvidia CEO Jensen Huang called it the next “trillion-dollar company.” The S&P 500 c...
