TSMC’s second-quarter revenue beat market expectations, giving investors another sign that demand for AI chips remains strong heading into the semiconductor earnings season. The world’s largest contract chipmaker reported April-June revenue of NT$1.27 trillion, or about $39.63 billion, up 36% from a year earlier and slightly ahead of the NT$1.264 trillion expected by analysts. TSMC… Continue reading TSMC stock rises after Q2 revenue beat: can earnings keep the rally alive?
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Top 4 catalysts that will drive the Hang Seng Index this week
The Hang Seng Index has stalled at a key resistance level as the recent momentum in China’s technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its lowest level of the year. This article examines the key catalysts expected to drive Hong Kong stocks this week. Hang… Continue reading Top 4 catalysts that will drive the Hang Seng Index this week
Asian stocks plunge as oil shock rattles chips and bond markets
Asian stocks fell on Monday as renewed fighting in the Gulf pushed oil sharply higher and pulled investors back from risk. Iran said it had closed the Strait of Hormuz, while US officials said some vessels were still being escorted through the waterway, leaving traders to price the risk of disruption rather than a confirmed… Continue reading Asian stocks plunge as oil shock rattles chips and bond markets
Here’s why the Kospi Index is in a freefall today (July 13)
The Kospi Index moved deeper into correction as the biggest South Korean stocks resumed their freefall. It plunged to 6,560, its lowest level since May 4, and 26% below its highest point this year. This sell-off will likely continue this week as the South Korean Central Bank hikes rates and geopolitical tensions rise. Kospi Index… Continue reading Here’s why the Kospi Index is in a freefall today (July 13)
SK Hynix stock plunges 10% after record Nasdaq debut: here’s what went wrong
SK Hynix’s record-breaking Wall Street debut was followed by a sharp reality check on Monday, as its Seoul-listed shares fell more than 10% at one stage. The pullback came after the chipmaker’s new American depositary receipts surged 12.8% in their first Nasdaq session on Friday. Importantly, the decline was in the Korean stock, not the… Continue reading SK Hynix stock plunges 10% after record Nasdaq debut: here’s what went wrong
S&P 500, SPY, VOO ETF: The 4 catalysts that could move markets this week
The S&P 500 Index continued rising and neared its all-time high on Friday as some big tech companies like Nvidia and AMD rebounded. It ended the week at 7,575, with its perpetual futures on Hyperliquid ticking downwards today. This article explains some of the top catalysts for the SPX Index and key ETFs like VOO… Continue reading S&P 500, SPY, VOO ETF: The 4 catalysts that could move markets this week
Top catalysts for South Korea’s Kospi Index this week
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply from the year-to-date high of 9,387. This article highlights some of the top catalysts for South Korean stocks this week. Kospi Index chart | Source: TradingView Kospi Index to react… Continue reading Top catalysts for South Korea’s Kospi Index this week
WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz
West Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73, with its 24-hour volume and open interest rising to $113 million and $222 million, respectively. Brent rose to $78, with a trading volume of $63 million. Iran closes Strait of… Continue reading WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz
Why retail investors are ditching broader index bets for selective trades
Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities gain traction. Recent data suggest individual investors are rotating between themes rather than making broad-based bets on the stock market. At the same time, a… Continue reading Why retail investors are ditching broader index bets for selective trades