China’s upcoming index rebalancing is expected to trigger more than $48 billion in gross two-way passive flows, according to Goldman Sachs, setting up a wave of mechanical buying and selling across some of the country’s biggest onshore benchmarks. The semi-annual changes affect major CSI and CNI indexes and will be implemented in mid-June. Constituents of… Continue reading China index reshuffle to trigger $48B in passive flows, Goldman says
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China’s tech transfer crackdown puts global dealmakers on notice
China has issued new rules expanding state oversight of overseas transactions involving Chinese investors, technology, data and national security, underscoring Beijing’s efforts to tighten control over sensitive assets as artificial intelligence becomes a bigger strategic concern. The measures, published by the State Council, will take effect on 1 July. They introduce authorisation requirements for exports… Continue reading China’s tech transfer crackdown puts global dealmakers on notice
Nikkei tops 67,000 as SoftBank overtakes Toyota in market value
Japan’s Nikkei 225 rose above 67,000 for the first time on Monday, as a surge in SoftBank Group turned the technology investor into the country’s most valuable listed company and underlined the growing force of the artificial intelligence trade in Tokyo. The blue-chip gauge climbed as much as 1.4% to an intraday record of 67,231.28… Continue reading Nikkei tops 67,000 as SoftBank overtakes Toyota in market value
Samsung hits record high as markets price in Jensen Huang’s Seoul arrival
Samsung stock jumped nearly 10% on Monday, adding another sharp leg to a rally that has turned the Korean chipmaker into one of the biggest listed plays on artificial intelligence infrastructure. The move came as investors looked ahead to Nvidia CEO Jensen Huang’s expected visit to South Korea, where meetings with major Korean technology groups… Continue reading Samsung hits record high as markets price in Jensen Huang’s Seoul arrival
S&P 500 Index forecast: Goldman Sachs, Citi, Yardeni, Morgan Stanley
The S&P 500 Index is having a strong performance this year as it continues to reach new all-time highs each day. It soared to a record high of $7,580 last week, up by 20% from its lowest point this year, meaning that it is now in a bull market. Wall Street analysts are bullish on… Continue reading S&P 500 Index forecast: Goldman Sachs, Citi, Yardeni, Morgan Stanley
KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?
The KOSPI Index has entered the longest bull market in decades. After bottoming at KRW 2,132 in 2022, it has jumped by 295% to the current KRW 8,476. It has jumped by 100% this year and by 215% in the last 12 months. So, the question is whether the blue-chip index will continue the bull… Continue reading KOSPI Index at a crossroads: Can South Korea’s bull run reach 10,000?
Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal
Brent crude oil price remained in a tight range on Hyperliquid as investors waited for President Donald Trump’s “final determination” on the Iran deal. It was trading at $92.40 on Sunday, down from last week’s high of $108. Donald Trump requests edits to his ceasefire deal Brent, the global benchmark, dropped to $92.40, with a… Continue reading Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal
The new AI king: how Anthropic eclipsed OpenAI’s valuation and leapt to $965B
Anthropic’s rise to become Silicon Valley’s most valuable artificial intelligence company marks a dramatic turning point in the AI race and signals a broader shift in how investors are beginning to evaluate the future of the industry. For nearly two years, OpenAI appeared firmly positioned as the dominant force in generative artificial intelligence after ChatGPT… Continue reading The new AI king: how Anthropic eclipsed OpenAI’s valuation and leapt to $965B
Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks
Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely. The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett’s retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks instead. His latest 13F… Continue reading Stanley Druckenmiller just sold Google shares to load up on five AI hardware stocks