Stock Research

KuCoin, a cryptocurrency exchange, has announced a partnership with UAE Team Emirates–XRG, a professional cycling team. The partnership will make its public debut at the 2026 Tour de France, with KuCoin branding displayed on the team’s buses, support vehicles, and fleet cars throughout the three-week race. Under the agreement, KuCoin will become the team’s exclusive… Continue reading KuCoin partners with UAE Team Emirates–XRG ahead of 2026 Tour de France

Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics. SanDisk shares declined 8% after falling 23% over the previous three trading sessions. The stock has been one of the strongest performers in… Continue reading SanDisk stock drops as Samsung-led chip selloff hits memory sector

Dow Jones opened higher on Tuesday even as the Nasdaq came under pressure from another broad selloff in semiconductor stocks, highlighting a divergence in US equity markets ahead of the second-quarter earnings season. The Dow Jones Industrial Average gained about 160 points, or 0.3%, while the Nasdaq Composite fell around 0.7%. The S&P 500 slipped… Continue reading Dow gains 160 points as chip selloff drags Nasdaq ahead of earnings season

Crinetics Pharmaceuticals shares surged after Vertex Pharmaceuticals announced an agreement to acquire the endocrinology-focused biotech companyin a deal valued at approximately $10 billion. The all-cash transaction values Crinetics at $85 per share and is expected to close during the current quarter, subject to customary conditions. The acquisition sparked a sharp rally in CRNX stock. CRNX… Continue reading Crinetics stocks surge after Vertex agrees to $10B cash buyout

Shares of Fiserv climbed more than 6% in premarket trading on Tuesday after a report said several of the largest US banks had explored acquiring one of the fintech company’s debit-card networks, highlighting the growing strategic importance of payments infrastructure as banks compete with fintech firms and crypto players. According to The Wall Street Journal,… Continue reading Fiserv stock rises 6% as top US banks reportedly consider buying its card network

The Bank of England has warned that artificial intelligence is emerging as a growing threat to financial stability, citing heightened market expectations, rising leverage and increasing cyber risks linked to the technology. In its half-yearly assessment of risks to Britain’s financial system, released on Tuesday, the central bank said earlier concerns over elevated share price… Continue reading Bank of England warns AI could amplify market and cyber risks

Asia’s chip rally finally met a stronger earnings number it could not celebrate. Samsung Electronics delivered a forecast that would normally electrify the market, pointing to another record quarter as AI demand keeps memory supply tight. Yet regional equities fell on Tuesday, a sign that investors are no longer rewarding the sector simply for beating… Continue reading Kospi tumbles as Asian markets ask if Samsung’s AI boom is priced in

Samsung stock plunged over 8% on Tuesday even after the company flagged what could be its most profitable quarter ever. The shares fell as much as 7.9%, despite Samsung guiding for second-quarter operating profit of 89.4 trillion won, a 19-fold jump from a year earlier. The reaction was not about weak numbers but about whether… Continue reading Samsung stock plunges 8% despite record Q2 profit outlook: what’s worrying investors

On Monday, Broadcom shares rallied after the chipmaker extended its long-term partnership with Apple through 2031, reinforcing its position in the iPhone maker’s supply chain. Strategy disclosed that it sold $216 million worth of Bitcoin under its newly introduced treasury framework while reporting a sharp quarterly loss on its digital assets. Oil prices were little… Continue reading Evening digest: Broadcom extends Apple deal, Strategy sells $216M worth of Bitcoin