Kospi slides 2.8%, Nikkei 1.4% as Trump Iran warning jolts Asian markets

Asian markets opened on the back foot on Thursday, as investors across the region absorbed the fallout from Donald Trump’s overnight address. In his address to the American people, the US President vowed to hit Iran “extremely hard” in the coming two to three weeks, remarks that infused a fresh bout of caution among investors.… Continue reading Kospi slides 2.8%, Nikkei 1.4% as Trump Iran warning jolts Asian markets

RH stock: 4 under the surface updates that warrant buying the dip

RH (NYSE: RH) tanked 19.29% on Apr. 1 after the luxury home furnishings retailer posted disappointing Q4 earnings and issued muted guidance for the current quarter. In its press release, the company said its gross margin contracted by 180-basis-points to 42.9% due to tariff-related costs and adverse weather conditions toward the end of the quarter.… Continue reading RH stock: 4 under the surface updates that warrant buying the dip

Dow ends up 220 points as Trump signals Iran exit, oil falls

Wall Street ended higher on Wednesday, extending a two-day rally as investors grew increasingly optimistic that the US-Iran conflict could be nearing an end. Gains were led by technology heavyweights, while oil prices declined sharply, reflecting easing concerns over supply disruptions. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.17%. The Dow Jones… Continue reading Dow ends up 220 points as Trump signals Iran exit, oil falls

Lumentum stock surges as AI demand and hyperscaler spending soar

Shares of Lumentum Holdings extended their strong run on Wednesday, climbing as much as 11.7% intraday as investor enthusiasm around artificial intelligence infrastructure continued to build. The stock was trading at $766.85, up 9.1% at the time of writing, putting it on track for its largest percentage gain since March 24, when it rose 10%,… Continue reading Lumentum stock surges as AI demand and hyperscaler spending soar

Why Nvidia stock may rebound after recent losses

Shares of NVIDIA Corporation moved higher on Wednesday, rising as much as 1.67% before paring gains to trade about 0.6% higher. The advance came after the chipmaker closed the first quarter on a stronger note, even as it logged its second consecutive quarterly decline. The stock has fallen 6.5% over the past three months through… Continue reading Why Nvidia stock may rebound after recent losses

Space stocks jump as SpaceX IPO buzz sparks sector-wide rally

Shares of space and aerospace companies rallied on Wednesday after a Reuters report said SpaceX confidentially filed for a US initial public offering, fueling optimism that the sector could be entering a new phase of growth. The IPO, which could value the company at more than [MONEY value=”1,700,000,000,000″ currency=”usd” notation=”long” replace=”false”], has drawn significant attention… Continue reading Space stocks jump as SpaceX IPO buzz sparks sector-wide rally

Deep dive: why Tilray stock sell-off despite record revenue makes sense

Tilray Brands (NASDAQ: TLRY) is seeing pressure this morning even after reporting an 11% year on year increase in revenue to a record $207 million for its third financial quarter. The price action may be puzzling to some, given the release signalled improving profitability and strong international cannabis growth as well. But a deeper dive… Continue reading Deep dive: why Tilray stock sell-off despite record revenue makes sense

Elon Musk’s SpaceX files confidentially for IPO: report

SpaceX, the private aerospace firm founded by Elon Musk, has confidentially filed for an initial public offering (IPO), according to a report by Bloomberg. The company submitted a draft IPO registration statement to the US Securities and Exchange Commission through a confidential filing. This process allows companies to receive feedback from the regulator and make… Continue reading Elon Musk’s SpaceX files confidentially for IPO: report

Tesla stock is surging 2.5% ahead Q1 sales data: what to expect

Tesla shares rose 2.6% to $381.52 in early trading on Wednesday, tracking a broader market rally. The S&P 500 advanced around 1%, while the Dow Jones Industrial Average gained 0.9%. The Nasdaq Composite rose 1.6%. Markets moved higher as oil prices declined and expectations grew that the US-Iran conflict could ease. Donald Trump said Iran’s… Continue reading Tesla stock is surging 2.5% ahead Q1 sales data: what to expect