US stocks opened higher on Wednesday after investors responded to another softer-than-expected inflation report and a fresh round of corporate earnings. Chip stocks fell even after upbeat guidance from ASML.…
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Alibaba stock jumps as Apple integrates Qwen AI into Apple Intelligence in China
by adminby adminAlibaba’s US-listed shares rose more than 6% on Wednesday after the Chinese technology giant confirmed that its Qwen artificial intelligence model will power Apple Intelligence features for users in China.…
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US stocks opened higher on Tuesday after softer-than-expected June inflation data reduced expectations of an immediate Federal Reserve rate hike. Investors also assessed second-quarter earnings from major US banks and…
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Citigroup stock rises after reporting strong Q2 results driven by trading and growth
by adminby adminCitigroup beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as strong trading activity and higher investment banking fees boosted results. The bank…
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The Roundhill Memory ETF (DRAM) slumped by over 8% in the pre-market session as the volatility in the industry escalated. It dropped to $937, down by 25% from its highest…
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The Philadelphia Stock Exchange Semiconductor Index (SOX) is exhibiting “severe” technical turbulence, signaling a potential drawdown of up to 17%, according to investment bank BTIG. While the group maintains a…
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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 from the year-to-date high of…
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The S&P 500 Index continued rising and neared its all-time high on Friday as some big tech companies like Nvidia and AMD rebounded. It ended the week at 7,575, with…
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The US financial landscape is featuring a striking paradox in 2026. Wall Street is sprinting, with major indices flirting with record highs and extending a “multi-year” winning streak. Yet, step…
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Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities…