Nvidia hits $3.17 tn, closes in on Apple’s m-cap after Saudi partnership: can it reshape tech rankings?
Nvidia Corp. came within striking distance of overtaking Apple Inc. as the world’s second most valuable company on Tuesday, as its stock rallied on optimism around chip sales to Saudi Arabia and artificial intelligence infrastructure deals. The company’s shares jumped
Hims & Hers stock price nears crucial level: is it a buy or sell?
Hims & Hers stock price has surged and is nearing its all-time high as investors bet that its strong momentum will continue in the coming years. HIMS shares surged by almost 16% on Tuesday, reaching its highest level since February.
Asia markets open: Hang Seng plunges over 2% in tech sell-off, defying global relief rally
Asian-Pacific financial markets displayed a mixed performance on Tuesday, failing to uniformly sustain the powerful rally seen on Wall Street overnight, which was ignited by news of a trade agreement between the United States and China. While some regional bourses
Indian markets open: Sensex, Nifty set for pullback after May 12’s record 4% surge
Indian stock markets are poised for a subdued, potentially lower opening on Tuesday, May 13, as investors likely look to book profits following a spectacular rally in the previous session. While positive global cues provided some support overnight, domestic factors
China’s e-commerce giants race to dominate instant retail market
Alibaba and JD.com, major Chinese e-commerce companies, are intensifying their competition for market share by heavily investing in instant retail. This strategy focuses on delivery times of 30 to 60 minutes, according to a Reuters report.China’s top online retailers, JD.com and
Red alert: Axon stock price has formed a very risky pattern
Axon stock price has been one of the best performers in the past few years as demand for tasers jumped. The AXN share price has jumped by over 800% in the last five years compared with the S&P 500 Index,
US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit
Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped 2% to reach its highest level since February 25, while
Asia markets open: Hang Seng, CSI 300 lead gains as US, China hint at trade breakthrough
A wave of optimism swept across Asian-Pacific financial markets on Monday, propelling most major stock indices higher following weekend pronouncements from both the United States and China indicating “substantial progress” in their high-stakes trade negotiations. While specific details of any
Indian markets open: Nifty eyes 2% jump; markets cheer India-Pakistan calm, US-China deal signs
Indian equity markets are poised for a significantly higher opening on Monday, as trading resumes after the weekend break on a wave of optimism fueled by two key developments: an apparent de-escalation in military tensions between India and Pakistan, and
Oil prices climb as US-China trade talk progress eases market jitters
Oil prices extended their recent gains in early trading on Monday, buoyed by positive pronouncements from both the United States and China following their weekend trade negotiations. The apparent progress in talks between the world’s two largest crude oil consumers
World’s biggest 2025 IPO? CATL aims for $5.3B in Hong Kong listing
Chinese electric-vehicle battery behemoth Contemporary Amperex Technology Co. Ltd. (CATL) has officially commenced taking investor orders for its highly anticipated Hong Kong stock offering, a deal poised to become the world’s largest listing so far this year. The move signals
Alibaba stock price analysis: gears for a surge as rare pattern forms
Alibaba stock has surged from a low of $55.7 in 2022 to $123 as the company has benefited from several tailwinds like the artificial intelligence theme, the end of a regulatory crackdown by Beijing authorities, and its stock buybacks. This
Inside candy major Ferrero’s plan to woo US consumers
Ferrero is doubling down on its US ambitions with a strategy built around local innovation and manufacturing scale, as per a CNBC report. The Italian-founded, Luxembourg-based confectioner is introducing its first-ever flavour extension of Nutella – Nutella Peanut – and
Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap
The Nikkei 225 Index has rebounded in the past few weeks as optimism on trade prevailed. After bottoming at ¥30,770 in April, it has surged by over 21%, entering a technical bull market. It is now hovering at its highest
Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco
The S&P 500 Index has jumped in the past few weeks and pared back some of the losses it made earlier this year when Donald Trump unveiled his tariffs. After initially falling to a low of $4,840 in April, it