Stocks

29 August 2024
Asian shares fall as Nvidia’s earnings disappoint; investors focus on U.S. jobless claims

Key points: Asian shares followed Wall Street futures lower, with Nvidia’s stock dropping 7.6% after earnings missed bullish expectations. Investors are closely watching U.S. jobless claims and inflation data for potential shifts in Fed policy. Asian shares declined on Thursday, …

28 August 2024
S&P 500 retraces as the markets eye Nvidia earnings for AI demand insights

The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount …

27 August 2024
Japan’s Nikkei falls after Wall Street’s tech stocks drop

Japan’s Nikkei index edged down 0.5% in early trading on Tuesday, hitting 37,936.68 by 0009 GMT. This decline mirrors the losses seen on Wall Street, where technology stocks led the way downward. The broader Topix index also experienced a 0.2% …

26 August 2024
Nvidia earnings to gauge the strength of AI-driven market rally

The upcoming earnings report from Nvidia on August 28 is poised to be a critical event for the U.S. stock market, especially as the chipmaker has been a driving force behind the market’s rally throughout 2024. -vtmarkets.com

23 August 2024
Google appoints Noam Shazeer to lead the Gemini AI project

Google appoints former Character.AI founder Noam Shazeer to co-lead its Gemini AI project. Explore the market implications and short-term trading outlook.

22 August 2024
Netflix stock hits new high as ad revenue soars

Netflix (Symbol: NFLX) continues to assert its dominance in the streaming industry, with its stock reaching new heights, consistent with its increase in advertising revenue.

22 August 2024
Nvidia challenged by the AMD strategic acquisition in AI

Key Points: The dominance of Nvidia in AI infrastructure faces a potential challenge as AMD acquired ZT Systems for $4.9 billion in a bid. The stock price of Nvidia mellowed down as a commercial threat is likely from this acquisition. …

21 August 2024
Nikkei declines as yen gains strength and US jobs data approaches

Key points: Nikkei 225 falls 0.7% as yen strengthens against the dollar, impacting exporter shares. Investors await U.S. employment data revisions, which could drive market volatility if job figures are weaker than expected. Japan’s Nikkei 225 fell 0.7% to 37,805.35 …

20 August 2024
Japan’s Nikkei rises on weaker yen and tech sector gains

The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a …

16 August 2024
Nikkei continues the rally on strong US retail sales data 

The Japanese stock market index, Nikkei share average (Symbol: Nikkei225) climbed close to 3%, setting the stage for its best weekly performance in over four years.  

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