Mainland China: Benchmarks closed firmly in positive territory. The Shanghai Composite gained 0.96% to 4,152.57, and the Shenzhen Component advanced 1.66% to 15,856.61, while the ChiNext rallied 2.10% to 4,021.16. Semiconductors and telecom equipment spearhead...
SK Group Chairman Chey Tae-won stated Tuesday that the conglomerate’s memory chip subsidiary, SK Hynix, plans to double its wafer production capacity over the next five years. Chey disclosed the target at the Computex tech exposition in Taipei, a premier...
Blackstone Inc. announced Tuesday the final close of its latest Asian private equity vehicle at $13.1 billion, marking the firm’s largest-ever fundraise in the region. The Alternative asset management company stated that its Blackstone Capital Partners A...
U.S. equities edged higher Monday, with all three major indices closing at fresh records, as Nvidia surged 6.3% after unveiling a new AI PC chip — a three-year collaboration with Microsoft to “redefine the PC for the AI era.” Trump said an Ir...
US stock index futures advanced Monday as Wall Street looked to kick off June trading on a strong footing. Market sentiment was buoyed by Nvidia’s unveiling of its next-generation PC processors, which catalyzed broad-based gains across tech stock ecosyst...
South Korea’s export growth accelerated at its fastest year-over-year clip in nearly 40 years in May, handily beating market consensus, according to preliminary government data released Monday. The blockbuster performance was driven primarily by record-b...
While the market has rallied fervently, defying geopolitical conflicts and valuation concerns, growing unease surrounds the AI-driven bull run. However, for some Wall Street bulls, these fears born of the unknown are simply groundless anxiety. Steve Chiavarone...
U.S. equities drifted higher Friday, with all three major indices setting fresh closing records. Dell surged 32.76% on record AI server revenue (+757% YoY to $16.1B); Okta jumped 30% post-earnings. The S&P 500 logged its ninth consecutive weekly advance &m...
Spot gold staged a modest rebound during Friday’s Asian trading session, reclaiming psychological support near the $4,500 threshold after slumping to a two-month low in the prior session. Despite a growing list of macroeconomic headwinds, one prominent f...
Riding a continuous wave of unprecedented demand for artificial intelligence infrastructure, U.S. server and personal computer manufacturer Dell Technologies Inc. delivered a powerhouse quarterly report Thursday that handily shattered market expectations, send...
All three major U.S. indices rallied Thursday on reports that U.S. and Iranian negotiators had agreed on a 60-day ceasefire extension MOU, pending President Trump’s approval. Iran later pushed back, but traders continued to price in a durable resolution....
US stock index futures drifted lower Thursday as a minor rebound in crude pricing cooled risk appetite, tracking broad-based pullbacks across major European benchmarks. Pre-market data showed the Federal Reserve’s preferred inflation metric, the Personal...
On the eve of SpaceX’s highly anticipated, epoch-making initial public offering, financial markets are buzzing with speculation over a potential blockbuster merger with Tesla Inc. The structural probability of such a combination was further bolstered by...
Micron Technology Inc. is on track to lock in its strongest monthly performance since 1987, yet Wall Street analysts continue to classify the memory titan as a pure value play—arguing that its equity remains deeply discounted relative to forward earnings...
Nearly half a century ago, an Idaho potato tycoon who famously couldn't type became the first major backer to bet big on Micron. Today, the rest of the global investment community is scrambling to follow suit. The Boise, Idaho-based memory manufacturer crossed...
U.S. equities returned from the Memorial Day holiday with a broad semiconductor and AI rally, pushing both the S&P 500 and the Nasdaq Composite to fresh all-time highs. Micron surged 19.29% to cross a $1 trillion market cap — the first time in its hi...
Global financial markets are currently overestimating the probability of further central bank rate hikes, creating a tactical entry point for a rebound in low-volatility sectors such as consumer staples and utilities, according to JPMorgan Chase & Co. Whil...
US stock index futures ticked higher Tuesday as market participants weighed the prospects of a potential diplomatic breakthrough to end the conflict in Iran, offsetting broad down-ticks across major European indices. The risk-on tone follows comments from US P...
China Equity Markets: The Shanghai Composite ticked down 0.17% to 4,145.37, the Shenzhen Component shed 0.32% to 15,805.00, and the tech-heavy ChiNext Index slipped 0.51% to 4,000.00. High-flying sectors including semiconductors, AI computing power, and teleco...
Driven by strong gains in artificial intelligence and chip stocks, several economies have quickly moved up the global market rankings. As of Monday’s close, Taiwan’s stock market surpassed India to become the world’s fifth-largest equity mark...
