Here’s why South Korea’s KOSPI Composite Index is soaring
The KOSPI Composite Index has embarked on a strong rally in the past few months as South Korean shares surged. The index, which tracks the biggest South Korean companies, rose to KRW 2,720, its highest point since August 26, and
Asian markets close: Hong Kong leads gains, Nikkei flat; Sensex falls over 630 pts
Asia-Pacific stock markets concluded Tuesday’s trading session with a varied performance as investors digested a sharp contraction in China’s manufacturing activity and continued to grapple with the implications of escalating US trade protectionism. While some regional bourses managed gains, Indian
UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars
A decade ago, a trio of nimble fintech upstarts — Starling, Monzo, and Revolut — charged into the British banking scene with bold ambitions.Their mission: to reimagine financial services through cutting-edge technology, superior customer experience, and sleek mobile interfaces.Early success
Will the ECB rate cut drive the DAX Index to an all-time high?
The DAX Index has jumped in the past few weeks and is hovering at its highest point on record. It rose to a record high of €24,320, up by over 30% from the lowest point in April this year. This
Why experts say SpaceX is one of the world’s most important companies
Shaun Maguire, partner at Sequoia Capital, has expressed resounding confidence in SpaceX, calling it a once-in-a-generation company that is pushing the boundaries of what’s possible in aerospace.In a recent conversation with CNBC, Maguire reflected on Sequoia’s high-conviction investment in Elon
Wedbush reveals best AI stock picks for the second half of 2025
Wedbush analyst Dan Ives believes the AI boom will charge ahead at full throttle in the back half of 2025.Trump tariffs and their potential impact on the global economy have sparked concerns of a potential artificial intelligence slowdown in recent
China’s manufacturing PMI edges up despite ongoing trade tensions
China’s manufacturing PMI improved somewhat in May due to the resumption and frontloading of shipments to the US amid the 90-day tariff truce which will end in mid-August, Commerzbank AG said. May saw an increase in the official manufacturing PMI to
Consolidation in the markets
While there is still over a month to go before we reach the halfway mark, it has already been an eventful year for financial markets. President Trump can take credit/blame for a significantly large proportion of this eventfulness. He has
Adobe stock price is cheap: is it a good buy?
Adobe stock price has underperformed the broader market and other companies in the software-as-a-service (SaaS) industry like Microsoft, ServiceNow, and Salesforce. It has dropped by over 35% from its highest point last year as concerns about competition and impact of
Looking for 75% return within a year? Buy this solar stock today
Sunrun Inc (NASDAQ: RUN) has been a major disappointment for investors in recent weeks, but a senior analyst at UBS remains convinced that the ongoing sell-off in this solar stock has gone a bit too far.According to Jon Windham, Sunrun’s
Intel stock dubbed ‘dead money’, analyst reveals a ‘viable path forward for INTC
Intel has announced plans to lower its global headcount by more than 20% under the leadership of Lip-Bu Tan, who has been at the helm for a couple of months only.In its latest reported quarter, the semiconductor giant came in
Is it time to pull out of high-flying German stocks?
German stocks have been on a tear in 2025, vastly outperforming both their European peers and U.S. counterparts.The DAX index, Germany’s flagship benchmark, is up over 20% year-to-date, outshining the broader Stoxx 600, which has posted a more modest 8%
Analyst explains why ‘market is wrong’ in selling Gap stock on tariff warning
Gap Inc (NYSE: GAP) shares plunged some 20% on Friday, rattled by concerns over tariffs and their potential impact on profit margins.However, according to Matt Boss, a retail analyst at JPMorgan and an Extel Analyst Hall of Famer, the market
US stocks could still rally 20% in the second half of 2025: find out more
U.S. equities may be poised for a significant rally in the second half of 2025, according to Chris Harvey, head of equity strategy at Wells Fargo Securities.Despite persistent trade tensions and policy uncertainty, Harvey believes that much of the tariff
Nvidia warns of formidable Chinese AI rivals as market dynamics shift
Nvidia Corporation’s CEO, Jensen Huang, gave a warning about the growing prowess of Chinese AI competitors. Speaking at a recent event, Huang highlighted that Chinese companies are rapidly filling the void left by US firms in the Chinese market due