Tag Archives: Stocks

Key points:  The latest financial results of Nike (Symbol: NKE) revealed a challenging quarter marked by a decline in revenue and significant drops in sales within its key North American footwear market. The stock price fell 5.5% in post-market trading, reaching $89.00 per share, and has declined 14% since the beginning of the year. ThisContinue Reading

Key points: Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes as the yen’s slide past the closely watched 160 per dollar level put traders on high alert for potential intervention. The Nikkei closed down 0.82% at 39,341.54. Tech shares drag down Topix after U.S.Continue Reading

Key points Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly against the Japanese yen. Nvidia’s stock (NVDA) ended up 6.8%. The Nasdaq jumped more than 1%, also ending a three-day losing streak, while the S&P 500 technology (S5INFT) and communicationContinue Reading

Key points: Japan’s Nikkei share average closed on Tuesday at its highest level in more than two months, marking a significant rally to 39,173.15, a 0.95% increase. The broader Topix climbed 1.72% to 2,787.37. This upswing reflects a shift in investor focus towards value stocks, moving away from semiconductor and other high-tech shares. The rallyContinue Reading

Key points: Japan’s Nikkei share average ended higher on Wednesday, following an overnight rally in Wall Street’s semiconductor stocks. Nvidia’s impressive performance helped push Japan’s technology shares upward in the morning. Nvidia, which surpassed Microsoft to become the world’s most valuable company overnight, had a observable impact. The Philadelphia Semiconductor Index also climbed over 1%,Continue Reading

Key points: Japan’s Nikkei share average saw a recovery on Tuesday, rising 1% to 38,482.11 as investors took advantage of lower stock prices after Monday’s sharp decline. The index had fallen 1.8% in the previous session, slipping below the psychologically important 38,000 level for the first time this month. See: Rebound expected for Nikkei225. DownloadContinue Reading

Key points:  This article is a follow-up to: Nvidia soars to record highs  Nvidia (Symbol: NVDA) has experienced a phenomenal rise in 2024, with its stock price soaring over 140% and its market capitalisation surpassing $3 trillion. This performance has positioned Nvidia as a key player in the artificial intelligence (AI) and semiconductor markets. However,Continue Reading

Key points:  The US stock market rocketed higher as the latest report from the US Federal Reserve was released, with a positive reaction to the latest inflation data. The Fed has decided to keep its benchmark interest rate steady at 5.50%, contrary to prior expectations of three rate cuts for the year, now projecting only oneContinue Reading

Key points: Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This shift occurred ahead of the Bank of Japan’s (BOJ) policy decision due on Friday. Earlier in the session, the Nikkei had risen nearly 1%, crossing the 39,000 mark, supported by gains in chip-related stocks. Picture:Continue Reading

Key points: South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. This uptick came after inflation data and the Federal Reserve’s policy decision were released. Chipmakers drive KOSPI surge as U.S. markets hit record highs The benchmark KOSPI index increased by 42.76 points, or 1.55%,Continue Reading