Most Asian stocks surge on Thursday, tracking overnight record highs on Wall Street. Softer consumer inflation readings in the U.S. have increased bets on interest rate cuts in 2024, providing a boost to the markets. Wall Street Leads the Way The strong performance of Wall Street helped Asian markets overlook headwinds from China and Japan. …
INV Inc, a company operating Australia-based ASIC-licensed prime services provider 26 Degrees Global Markets, underwent delisting from the Tokyo Stock Exchange. Here’s what led to this development: INV Inc primarily operates 26 Degrees Global Markets, formerly known as Invast Global, contributing significantly to its revenue. Additionally, the company manages Japanese businesses including online brokerage Invast …
INV Inc, The 26 Degrees Operator, Has Been Delisted From The Tokyo Stock Exchange Read More »
Palantir shares drops during extended trading on Monday. Despite having tripled its stock value over the past year, the market appeared unimpressed by the company’s outlook for annual sales. Palantir shares drops Although Palantir slightly raised its annual revenue forecast to a range of $2.68 billion to $2.69 billion, analysts’ expectations were not fully met. …
Palantir Shares Drops After A Disappointing Annual Sales Forecast Read More »
Oil prices surge Oil prices surge heading for heavy losses this week as indications of strong U.S. output and stocks shattered hopes for tight crude markets in the upcoming months. They had slightly increased from near seven-week lows in Asian trade on Friday. Prior to the announcement of significant U.S. nonfarm payrolls data later in …
Oil Prices Surge After Falling Sharply For Seven Weeks Read More »
Asian Stocks Skittish In the fast-paced world of finance, keeping abreast of market movements is crucial. Let’s delve into the latest developments shaping Asian stock markets this week. Mixed Signals Amidst U.S. Interest Rate Concerns This Thursday, Asian stocks found themselves in a state of flux, grappling with uncertainties surrounding U.S. interest rates. Despite Federal …
Asian Stocks Skittish As Rate Fears Persist; Hong Kong Up On Property Cheer Read More »
U.S. oil Jumps 2% Tuesday, surpassing $83 a barrel, buoyed by hopes that weakening manufacturing data could prompt interest rate cuts. Manufacturing Contraction and Market Sentiment At the heart of the recent oil price surge lies the weakening pulse of manufacturing activity in the United States. The S&P Global Flash U.S. Composite PMI’s revelation of …
Gold prices in Asian trade saw a notable decline on Tuesday, extending losses from the previous session. The decrease comes as concerns over geopolitical tensions in the Middle East ease, reducing demand for the precious metal as a safe haven. Vulnerability to Dollar Strength and Rate Outlook Spot gold experienced a 0.9% slide to $2,305.14 …
Gold Prices Decline, Almost Reaching $2,300 As Demand For Safe Haven Assets Declines. Read More »
Tesla Stock Falls Amid Staff Reductions Tesla stock falls 2.7% on Tuesday, marking their lowest closing level in nearly a year. The slump extended to an 8.3% decrease since the company’s announcement of a “more than 10%” staff reduction early Monday. Deeper Cuts and Strategic Shifts The recent decline in Tesla’s stock falls reflects broader …
Tesla Stock Falls As Musk Pushes Deeper Into Robotics Read More »
Asian Stocks Dip Amid Global Uncertainty Geopolitical Tensions and Interest Rate Worries Asian stock markets took a hit on Tuesday, echoing the downward spiral witnessed on Wall Street, fueled by persistent concerns over geopolitical tensions in the Middle East and lingering fears of rising U.S. interest rates. Chinese Resilience Amid Economic Growth Although the broader …
In the realm of technology, Apple has once again captured the spotlight with its announcement of an AI-focused Mac refresh. This strategic move has not only sparked excitement among consumers but has also set the stock market abuzz with anticipation. Let’s delve deeper into the implications of Apple’s AI Mac refresh on its stock performance …
Apple Stock Rises On News About AI Mac. Shares Seek to Recapture Crucial Stage. Read More »
