Stock Research

Wall Street traders are embracing a new market catchphrase as investors increasingly lose confidence that tensions in the Strait of Hormuz will ease in the near future. The latest acronym making the rounds on trading desks is “NACHO” — short for “Not A Chance Hormuz Opens” — a term that reflects growing doubts that repeated… Continue reading Forget TACO: Wall Street bets on ‘NACHO’ as Hormuz peace hopes vanish

Intesa Sanpaolo beat first-quarter expectations, with stronger fees and a sharp rise in trading income helping Italy’s biggest bank offset softer lending trends and keep its annual profit target intact. ISP stock fell about 2% after the results as investors weighed the outlook for lending income in a lower-rate environment. The lender reported net income… Continue reading Intesa stock falls 2% after earnings beat: should investors worry?

Memory chips have quietly become one of the market’s hottest AI trades. Micron Technology (NASDAQ: MU) is now worth about $738 billion, while SanDisk (NASDAQ: SNDK), which completed its separation from Western Digital in February, has a market value of roughly $210 billion. Both stocks have ripped higher because AI data centers need more than… Continue reading Micron up 600%, SanDisk up 3,350%: which stock should you buy?

US equity futures pointed to a firmer open on Friday, as investors weighed a deliberately restrained American military response to Iran’s downing of a US drone against the prospect of a significant slowdown in April hiring. S&P 500 and Nasdaq 100 futures edged higher, while Dow futures gained 156 points in early trading. The White… Continue reading Dow futures rise 156 points: 5 things to know before market opens

The UK’s benchmark FTSE 100 index edged lower on Friday as renewed tensions in the Gulf unsettled global markets, while investors also assessed early local election results that showed heavy losses for Prime Minister ⁠Keir Starmer’s Labour Party. The blue-chip FTSE 100 index fell 0.1% to 10,261.38 points by 0947 GMT and was on track… Continue reading London stocks slip as Middle East ceasefire doubts hit sentiment

Amazon’s cloud computing division experienced an outage at one of its northern Virginia data centre zones on Thursday, disrupting services for several major platforms, including cryptocurrency exchange Coinbase and derivatives marketplace CME Group. While it was not immediately clear whether the issues affecting AWS and CME were directly connected, Coinbase confirmed that problems on its… Continue reading Amazon cloud outage impacts crypto and derivatives trading services

Titan Company Ltd reported fourth-quarter profit below market expectations on Tuesday, as rising costs offset strong demand for gold ornaments and coins during the quarter ended March 31. The company, which operates jewellery brands including Tanishq and CaratLane, posted a profit of 11.79 billion rupees ($124.60 million), compared with 8.71 billion rupees reported a year… Continue reading Titan reports lower-than-expected Q4 profit amid higher gold prices

China’s software sector is likely to emerge as a major beneficiary of the rapid adoption of artificial intelligence, according to analysts at HSBC, who said concerns that AI could undermine traditional software firms now appear overdone. In a research note released Thursday, HSBC analysts Yiran Liu and Heng Zhang argued that fears surrounding large language… Continue reading HSBC says China software stocks will benefit from AI adoption: here’s top picks

RBC Capital Markets raised its year-end target for the S&P 500 on Friday, citing resilient earnings growth and continued strength in artificial intelligence-linked sectors. The Canadian brokerage increased its target for the benchmark index to 7,900 from 7,750. The revised forecast implies a 7.7% upside from Thursday’s closing level of 7,335.66. The move comes as… Continue reading RBC lifts year-end S&P 500 forecast as AI sectors fuel rally