Here’s why Hong Kong’s Hang Seng Index is falling
The Hang Seng Index retreated by over 1.5% on Friday, erasing some of the gains made earlier this month. It dropped to a low of H$23,220, down from this month’s high of H$23,927. It has also fallen by 6.65% from
Crypto market crash: is this the end of the bull run?
The crypto market has pulled back in the past few days. After soaring to a record high of $111,900 last week, Bitcoin price fell to $106,000 as investors booked profits. Bullish liquidations have risen, and demand for most altcoins has
E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal
E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company looks to expand further into skincare. The acquisition — E.l.f.’s biggest ever, according to FactSet
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact of tit-for-tat tariffs with some of the United
Nvidia results spark global chip rally
Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 6% higher after the company posted better-than-expected earnings and revenue on Wednesday, even as it took a hit
Marvell stock price risky pattern points to a post-earnings MRVL crash
Marvell Technology stock price has come under pressure in the past few months as concerns about its growth and valuation have remained. After peaking at $127.40 in January, it crashed by 62% to a low of $47.29. This crash has
Okta stock price forecast: time to buy the post-earnings dip?
Okta stock price suffered a big reversal this week, making it one of the worst-performing companies. It crashed by over 16% on Wednesday, erasing some of the gains made since April 7. It was trading at $105.23, its lowest level
China will ‘move on’ with or without Nvidia chips, says CEO Jensen Huang
Nvidia Corp (NASDAQ: NVDA) chief executive Jensen Huang says the White House has based its export regulations on the assumption that China is incapable of making its own AI chips.But recent checks confirm this assumption is fundamentally flawed, he argued
Summer demand could support OPEC+ output increases, say analysts
Anticipation is building in the oil market as the OPEC+ meeting approaches, with a production decision expected over the weekend. The eight cartel members who previously implemented voluntary production cuts are now contemplating a substantial rollback of these cuts in July. The
Court blocks Trump tariffs: markets get a lift, but uncertainty prolonged
A US federal court ruling on Wednesday that blocked President Donald Trump’s controversial “Liberation Day” tariffs offered a brief reprieve to markets rattled by months of trade policy turbulence. Investors cheered the legal development, though analysts warned that the long-term
I’d avoid SCHD and buy these dividend ETFs instead
The Schwab US Dividend ETF (SCHD) is often seen as one of the best income funds in the United States. This explains why its inflows continue rising, and currently stand at nearly $70 billion.The SCHD has had good total returns
Toncoin, Mask Network, and Pepe price predictions
Cryptocurrency prices were nixed on Thursday as market participants reflected on the Federal Reserve minutes. Bitcoin was stuck above $107,200, while the market capitalization of all coins rose by 0.45% to $3.4 trillion. This article provides the Toncoin, Mask Network,
Marvell stock price risky pattern points to a post-earnings MRVL crash
Marvell Technology stock price has come under pressure in the past few months as concerns about its growth and valuation have remained. After peaking at $127.40 in January, it crashed by 62% to a low of $47.29. This crash has
Okta stock price forecast: time to buy the post-earnings dip?
Okta stock price suffered a big reversal this week, making it one of the worst-performing companies. It crashed by over 16% on Wednesday, erasing some of the gains made since April 7. It was trading at $105.23, its lowest level
USD/MXN forecast and why Mexican peso surge could continue
The Mexican peso is firing on all cylinders and is on the cusp of more gains in the coming weeks. The USD/MXN exchange rate was trading at 19.38 on Thursday, down by 8.5% from its highest point this year. This
Walmart fined for shipping realistic toy guns to New York, violating state law
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after state Attorney General Letitia James said Tuesday that the retail giant’s online
23andMe to delist from Nasdaq, deregister with SEC
23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after Regeneron Pharmaceuticals said earlier this month that it will acquire “substantially all” of
Macy’s CEO says retailer will hike some prices as tariffs cut into profits
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs. In a news release, the department store operator said