Rolls-Royce share price in focus as it eyes narrow-body engine entry
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Rolls-Royce share price has wavered in the past few days as demand for UK stocks has waned. After soaring to a record high of 1,531p last week, it ended the…
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Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising…
Here’s why the booming Kospi Index may suffer a harsh reversal soon
South Korean stocks have soared in the past few months, with the KOSPI Index doubling this year, helped by the strong performance of Samsung and SK Hynix. It peaked at…
Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in…
Dow ends lower as AI selloff drags Nasdaq, defensive stocks gain
The Dow Jones Industrial Average and the broader US stock market closed lower on Friday as investors continued rotating out of technology and semiconductor stocks while shifting into more defensive…
Quantum Cyber jumps 24% on plans to acquire strategic stake in SpaceX
Shares of Quantum Cyber (NASDAQ: QUCY) surged 24% on Friday after the company announced that its board had approved pursuing the acquisition of an equity stake in SpaceX (NASDAQ: SPCX).…
From SpaceX to Apple: how the tech-led AI rally suffered many blows this week and why
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort. A selloff that began on Monday gathered…
AMD stock: why analysts are suddenly raising their price targets
Advanced Micro Devices (NASDAQ: AMD) stock has surged more than 130% this year, but Wall Street is still chasing the stock higher. In June alone, Barclays, UBS, Mizuho and Bernstein…
Global markets remain under pressure as tech selloff weighs on investor sentiment
Global financial markets remained under pressure during the European morning on Friday as investors continued to adopt a cautious approach following steep declines across Asian equity markets. A sustained selloff…
Apple stock falls as memory shortage forces company to hike Mac and iPad prices
Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models, becoming one of the latest consumer technology companies to pass on soaring…