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Japan stocks are thriving as demand from locals and foreigners rose and as the economic activity rebounded. The Nikkei 225 index was trading at ¥30,950, the highest level since 1990. In all, the index has soared by over 352% from the lowest point during the Global Financial Crisis and by ~18% this year. Topix, another… Continue reading Nikkei 225 index is in a relentless bull run: is it a good buy now?

Micron Technology Inc (NASDAQ: MU) lost about 3.0% on Monday after China told its companies engaged with critical information systems to no longer buy chips from the Boise-headquartered firm. Micron to take a $3.0 billion hit Its Cyberspace Administration cited a significant security threat as it announced the ban. Today’s development marks the most meaningful… Continue reading China bans Micron chips: Cramer says it’s ‘just the beginning’

Shares of Apple Inc (NASDAQ: AAPL) are trading slightly down on Monday after the tech behemoth received a rare downgrade from a Loop Capital Markets analyst. Apple stock now lacks a meaningful upside Ananda Baruah lowered his rating on the iPhone maker today to “hold”. His price target remained unchanged at $180 but that no… Continue reading Apple stock gets a rare downgrade: explore why

Meta Platforms Inc (NASDAQ: META) is in focus today after European privacy regulators announced a €1.2 billion ($1.3 billion) penalty on the tech behemoth. Meta has violated the region’s GDPR On Monday, the Irish Data Protection Commission found the Nasdaq-listed firm in contempt of GDPR – the General Data Protection Regulation of the European Union.… Continue reading EU regulator slaps Meta Platforms with highest-ever fine

U.S. stocks were briefly spooked this morning following social media reports of an explosion near the Pentagon. Images have been confirmed to be fake Interestingly, the social platforms even flooded with images of the said explosion that resulted in a significant albeit not durable market sell-off. S&P 500 has now recovered and stabilised, though, since… Continue reading U.S. stocks briefly spooked on fake images of explosion near Pentagon

Tesla Inc (NASDAQ: TSLA) opened in the green this morning after Cathie Wood said it was a top name for exposure to artificial intelligence. Wood’s bull case for Tesla stock In particular, the influential investor is convinced that autonomous vehicles will be transformative for the Austin-headquartered firm. We think Tesla Inc is the biggest AI… Continue reading Tesla stock is ‘biggest beneficiary’ of artificial intelligence: Cathie Wood

The SPDR S&P 500 ETF Trust (SPY) ETF is hovering near the highest point since August last year despite the rising risks in the market. The SPY stock was trading at $420, which was 21% above the lowest level in 2021. Similarly, Invesco QQQ and Dow Jones ETF have also soared by over 20% in… Continue reading SPDR S&P 500 ETF (SPY): Return of the raging bull?

ZIM Integrated (NYSE: ZIM) results missed its revenue and profitability guidance as shipping rates continued weakening. The company also swung into a net loss in the first quarter of this year.  In a statement, ZIM Integrated’s revenue plunged by 68% from the same period in 2022. Its revenue dropped to $1.37 billion as its carried… Continue reading ZIM Integrated swings into a loss as demand eases: stock retreats

The Canoo (NASDAQ: GOEV) stock price is hovering near the lowest level on record as concerns about the company’s future continue. The shares were trading at $0.6700 on Friday, a few points above the all-time low of $0.50. It has crashed by more than 97% from its highest point in December 2020. How long can… Continue reading Canoo stock price forecast: don’t buy the dip as risks rise