Asian stocks are in a strong freefall today, July 28, with most technology companies being in the red. The Nikkei 225 Index plunged to 62,385, down by 14.6% from its highest point this year. In South Korea, the Kospi Index moved deeper into the bear market after falling by over 35% from its peak. Nikkei… Continue reading Here’s why the Nikkei 225 and Kospi indices are slumping today
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Why are SK Hynix and Samsung stocks crashing more than 10% today?
SK Hynix and Samsung stock plunged more than 10% in Seoul on Tuesday as investors reassessed the risks surrounding the artificial intelligence boom and China’s accelerating semiconductor ambitions. The memory-chip maker fell as much as 11.1% on July 28, while Samsung Electronics lost nearly 10%. The KOSPI dropped 7.41%, triggering temporary restrictions on programme trading… Continue reading Why are SK Hynix and Samsung stocks crashing more than 10% today?
Top 3 stocks that could rally if oil settles above $100
Oil prices remain at the forefront of all financial debates as the US-Iran conflict and the related friction in the Strait of Hormuz continue. While rising energy prices often create widespread macroeconomic headwinds, if oil settles above $100 per barrel, it will represent a cash-generation windfall for the established upstream producers. Firms with low breakeven… Continue reading Top 3 stocks that could rally if oil settles above $100
Dow rises as S&P 500 edges higher, chip stocks remain under pressure
The Dow Jones Industrial Average and the S&P 500 ended higher on Monday, while the Nasdaq Composite closed lower as weakness in semiconductor stocks offset gains in other sectors ahead of a pivotal week for corporate earnings, inflation data and the Federal Reserve’s interest rate decision. The Dow gained 262.83 points, or 0.51%, to close… Continue reading Dow rises as S&P 500 edges higher, chip stocks remain under pressure
Options data reveals how MSFT stock may react to earnings on July 29
Microsoft (MSFT) shares are inching higher heading into the giant’s fiscal Q4 earnings scheduled to be released after market close on Wednesday, July 29th. Wall Street has set a high bar for MSFT, with consensus estimates set at $87.42 billion for revenue, representing a 14.4% year-on-year increase – and $4.21 per share for earnings, reflecting… Continue reading Options data reveals how MSFT stock may react to earnings on July 29
Evening digest: CXMT debuts with 465% surge, Nvidia eyes OpenAI deal
China’s memory-chip maker CXMT made a blockbuster stock market debut with shares surging 465%, while Nvidia remained in focus amid reports of a potential financing role in OpenAI’s data center expansion. US President Donald Trump said the United States and Iran were engaged in talks to end the conflict despite continued regional tensions, and gold… Continue reading Evening digest: CXMT debuts with 465% surge, Nvidia eyes OpenAI deal
Tesla stock falls as post-earnings selloff continues
Tesla TSLA shares extended their decline on Monday despite broader market optimism following easing tensions between the United States and Iran. The electric vehicle maker’s stock traded as high as $317 before falling to around $307.58 in trading, down about 1.74%. The decline came even as Wall Street showed signs of recovery, with the Dow… Continue reading Tesla stock falls as post-earnings selloff continues
General Motors stock rises 3%: why the stock is a top pick for this analyst
General Motors GM shares rose about 3% on Monday after Jefferies upgraded the automaker to Buy from Hold and raised its price target to $99 from $90, citing growing confidence in the company’s long-term earnings and cash flow prospects. The brokerage increased its earnings estimates for 2026 through 2028 by about 6% after GM’s second-quarter… Continue reading General Motors stock rises 3%: why the stock is a top pick for this analyst
Why are Micron, Sandisk, and SK Hynix stocks falling today?
Memory and storage stocks came under heavy selling pressure on Monday after Chinese memory chipmaker ChangXin Technology Group (CXMT) made a blockbuster stock market debut, and reports emerged that China has begun manufacturing domestically developed deep ultraviolet (DUV) lithography machines. The twin developments heightened investor concerns that China’s semiconductor industry is rapidly closing the technology… Continue reading Why are Micron, Sandisk, and SK Hynix stocks falling today?