Stocks

18 July 2024
Japan’s Nikkei drops 2% on global chip sell-off and surging yen

Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since …

16 July 2024
Google eyes $23 billion acquisition of cybersecurity firm Wiz

Key Points:  Google is in talks to acquire cybersecurity firm Wiz for $23 billion.  This comes weeks after Google walked away from a $25 billion deal to acquire HubSpot.  The acquisition aims to bolster Google’s cloud-based cybersecurity capabilities.  Google (Symbol: …

15 July 2024
Nasdaq and tech stocks plunge as inflation data spurs sell-off   

Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.

12 July 2024
Yen fluctuates with intervention talks; Asian shares on track for weekly gain

The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.

8 July 2024
Japan’s Nikkei edges higher with profit-taking and market adjustments

The Nikkei share average saw modest gains on Monday, tempered by profit-taking following last week’s record highs. Market sentiment remains cautious with key economic data on the horizon.

5 July 2024
Tesla stock surges on strong Q2: Musk reclaims title of wealthiest person 

Stock price of Tesla rebounds by 75%, driven by strong Q2 delivery figures. Elon Musk reclaims the top spot among the rich in the world, with a net worth of $252 billion.

4 July 2024
Asian stocks reach 27-month high, dollar falls on rate cut speculation

Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …

3 July 2024
Nasdaq composite hits record high with AI optimism and strong earnings prospects 

Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.

3 July 2024
Japan’s Nikkei climbs as tech stocks follow US growth shares

Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.

2 July 2024
Apple and Tesla boost stocks in pre-holiday trading

Key points: Apple and Tesla drive S&P 500 higher. Manufacturing PMI weakens in June. Chewy drops despite Keith Gill’s stake disclosure. The stock market experienced gains on Monday, driven by strong performances from Apple and Tesla. Despite light pre-holiday trading, …

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