Tag Archives: Stocks
stocks
Nvidia challenged by the AMD strategic acquisition in AI
Key Points: The towering presence of Nvidia in the AI and data centre markets is recently challenged by the acquisition of ZT Systems by AMD for $4.9 billion. This acquisition is a clear statement of intent from AMD as it aims to enhance its capabilities in building out the infrastructure layer of artificial intelligence, aContinue Reading
Nikkei declines as yen gains strength and US jobs data approaches
Key points: Japan’s Nikkei 225 fell 0.7% to 37,805.35 in morning trade on Wednesday, with the broader Topix index down 0.6% to 2,655.29. This decline comes as the yen strengthened overnight, trading around 145.36 per dollar after touching a low of 147.34 the previous day. A stronger yen is often unfavourable for Japanese exporters, asContinue Reading
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 softer yen.
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.
Nikkei rises on strong economic growth and positive U.S. signals
Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an annualised growth rate of 3.1%.
Google may break up as the US DOJ weighs options
Explore the potential market impacts of a potential Google breakup as the DOJ considers divesting key assets like Android and Chrome.
Nikkei rises as Japanese yen stabilises, with tech shares leading gains
The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.
Airbnb Q2 2024 earnings with EPS miss and revenue beat
Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.
Asia stocks rise, yen retreats after BOJ rules out rate hikes
Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall in the yen.
US stock market rebound after major market selloff during recession fears
US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.
