Hang Seng jumps as healthcare and biotech stocks rally despite weak China GDP data
The Hang Seng Index jumped to its highest level since June 15, even after China published a weak macro report. It soared to 24,692, up…
Kospi Index rebounds as Samsung and SK Hynix rally: is the tide finally turning?
The Kospi Index continued its strong recovery as technology companies like Samsung and SK Hynix soared. It jumped to 7,377, up by 15% from its…
Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground
Xiaomi stock retreated for two consecutive days after a report confirmed that the company was losing market share in the smartphone industry. It slipped to…
Planet Labs dives as space stocks reverse after the SpaceX IPO: buy the dip?
Planet Labs stock continued its strong downward trend last week, reaching its lowest level since March 19. PL has dropped by 50% from its highest…
Shell, BP, and other energy stocks jump as crude oil prices rebound
BP and Shell shares have staged a strong comeback this week, helped by rising crude oil prices. BP jumped to 505p, its highest point since…
Here’s why Nio stock is pumping in the premarket today
Nio stock has pulled back sharply in the past two months, moving from a high of $6.98 in May to a low of $4.66. It…
Here’s why the Kospi Index is in a freefall today (July 13)
The Kospi Index moved deeper into correction as the biggest South Korean stocks resumed their freefall. It plunged to 6,806, its lowest level since May…
Top 4 catalysts that will drive the Hang Seng Index this week
The Hang Seng Index has stalled at a key resistance level as the recent momentum in China’s technology sector fades. The index was little changed…
WTI and Brent oil prices tick up on Hyperliquid as Iran closes the Strait of Hormuz
West Texas Intermediate (WTI) and Brent crude oil benchmarks rose slightly on Hyperliquid as tensions between the US and Iran escalated. WTI rose to $73,…
Top catalysts for South Korea’s Kospi Index this week
The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at 7,475, down sharply…
ITW stock: New dividend king slowly forms a highly bullish pattern
Illinois Tool Works (NYSE: ITW) stock has pulled back in the past few days as investors position themselves for the upcoming earnings report that will…
SoFi stock is crawling back: will it surge ahead of Q2 earnings?
SoFi stock has rebounded in recent weeks, climbing from its year-to-date low of about $15 to around $19 today. Even so, the shares remain roughly…