Stock Market

The tech-heavy index posted its worst week of the year and re-entered correction territory after a negative reaction to the NFPs, as markets await Wednesday’s inflation update

Yesterday, the S&P 500 fell for a third consecutive session as markets await today's key August jobs report, which could influence the Federal Reserve’s upcoming interest rate decision. Broadcom’s disappointing revenue guidance and concerns over the AI rally added to market jitters.

The tech-heavy index is on the verge of correction, as Nvidia suffered heavy losses and weak PMIs reignite recession fears, ahead of Friday’s jobs report

Biotech stocks are showing signs of recovery, supported by expected rate cuts and bullish technical indicators. The sector's improving fundamentals could provide a strong boost to the broader healthcare market.

Intel is at a crossroads, exploring major strategic shifts like splitting its design and manufacturing units and scaling back factory projects. After a severe stock drop and ongoing losses, CEO Pat Gelsinger has announced significant cost-cutting measures and the suspension of dividends. Despite challenges and a key board member’s resignation, Intel remains hopeful about its upcoming Lunar Lake product. The company’s next moves will be crucial for its recovery and…

Despite the AI bellwether's blockbuster results, guidance created concerns, but NAS100 regains its footing as markets focus on Fed rate cut prospects

Nvidia's upcoming earnings report is crucial, as its AI chip dominance and recent stock volatility could significantly impact market sentiment. Despite potential delays in its Blackwell chips, analysts remain confident in Nvidia's growth prospects, driven by strong demand for its current Hopper series. The company’s position in the AI infrastructure space keeps it well-placed against rising competition.

The revenue surge of Xiaomi partly due to the successful EV entry provides support to HKG33 and helps it look overcome the Walmart JD stake sale, but technical hurdles loom

Last week saw significant market volatility due to worries over economic growth, yen carry trade issues, and a tech stock selloff. The S&P 500 initially dropped but recovered slightly, ending the week down 0.04% while maintaining a 12.04% gain for the year. Oil prices rose on geopolitical tensions, copper fell due to growth concerns, and gold slipped as traders took profits. Key upcoming data, including July’s CPI and Retail Sales,…

A severe downturn hit U.S. tech megacaps on Monday, with Nvidia, Apple, and Amazon leading a $1 trillion loss in market capitalisation. Japan's Nikkei 225 suffered its worst drop since 1987, while Bitcoin declined by 11%. The yen's unexpected strength and recession fears contributed to market instability. However, Japanese markets rebounded strongly on Tuesday, recovering over 9%, supported by a recent Bank of Japan rate hike. Other Asia-Pacific markets also…

Global markets are volatile, with the Nasdaq and Nikkei experiencing significant drops. Weak U.S. jobs data and central bank policies are fueling recession fears. Safe-haven assets are rising, and analysts caution that while recent market corrections may offer opportunities, the situation remains uncertain.