Ferrari stock tanks 7% as analysts split on $640K electric gamble

Ferrari stock fell sharply on Tuesday after the company unveiled the Luce, its first fully electric car, turning a milestone product launch into a test of investor confidence. The Milan-listed stock lost about 7%, putting it on course for its biggest daily drop since October, as markets questioned whether even Ferrari can make the jump… Continue reading Ferrari stock tanks 7% as analysts split on $640K electric gamble

SEBI reviews stricter disclosure norms for listed debt securities

India’s market regulator is reviewing whether listed debt securities should face disclosure requirements similar to those imposed on listed equities, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said at an event on Tuesday. The move is aimed at improving transparency and investor protection in India’s debt market as policymakers push to… Continue reading SEBI reviews stricter disclosure norms for listed debt securities

SoftBank surges 13% to new all-time high: here’s why analysts see more upside

SoftBank Group stock surged nearly 13% on Tuesday, hitting a record intraday high of 8,000 yen and emerging as the best performer on the Nikkei 225. The move extended the stock’s winning run to a fourth straight session, turning Masayoshi Son’s technology investment group into one of the clearest market winners from the latest wave… Continue reading SoftBank surges 13% to new all-time high: here’s why analysts see more upside

Nikkei 225, Kospi indices soar as Japan, South Korea bond yields plunge

Asian stocks jumped sharply, with top indices hitting their all-time highs, as their bond yields retreated. South Korea’s Kospi Index rose to a record high of 8,105 KRW, bringing its 12-month gains to 208%. Japan’s Nikkei 225 Index soared to ¥65,000, up by 75% in this period. Japan and South Korean bond yields retreat Asian… Continue reading Nikkei 225, Kospi indices soar as Japan, South Korea bond yields plunge

SK Hynix stock soars 7%, drives KOSPI to all-time high above 8,000

SK Hynix stock surged nearly 7% on Tuesday, powering South Korea’s benchmark KOSPI index above the 8,000 mark for the first time as investors doubled down on the artificial intelligence trade. The rally had two engines: Nvidia’s latest blowout quarter, which reset expectations for AI hardware demand, and renewed hopes that a draft US-Iran framework… Continue reading SK Hynix stock soars 7%, drives KOSPI to all-time high above 8,000

Brent crude oil price may crash to $58, rare chart pattern suggests

Brent crude oil price rose a bit on Tuesday as the US launched strikes against some Iranian targets and as Israel’s Benjamin Netanyahu urged the military to strike Hezbollah targets in Lebanon. It was trading at $95, a few points above this week’s low of $93.45, and a double-top pattern points to an eventual drop… Continue reading Brent crude oil price may crash to $58, rare chart pattern suggests

Three Chinese tech stocks to own despite macro volatility

China’s economy is sending mixed signals – retail sales growth in April hit its weakest level since the Covid-19 era, and broader consumer sentiment remains subdued. Yet within that fog, a sharper picture is emerging for equity investors: artificial intelligence is the one theme cutting cleanly through the noise. From chipmakers to cloud platforms, a… Continue reading Three Chinese tech stocks to own despite macro volatility

137 Ventures founder reveals ‘one simple reason’ to invest in SpaceX IPO

SpaceX remains the front and center of all financial debates ahead of its “much-anticipated” initial public offering (IPO) on June 12th at a valuation of a whopping $1.7 trillion plus. For many, the valuation itself screams “caution”; after all, this AI and infrastructure firm is seeking to raise about $75 billion via the offering –… Continue reading 137 Ventures founder reveals ‘one simple reason’ to invest in SpaceX IPO