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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Business
Samsung, SK Hynix are changing fortunes of Koreans, but also widening inequality
by adminby adminSouth Korea’s dominance in artificial intelligence memory chips is no longer just driving stock market gains. The country’s semiconductor boom is now reshaping its economy, consumer spending, labour market and …
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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 …
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Investing
Bloom Energy stock has slumped: buy the dip or sell the rip ahead of earnings?
by adminby adminBloom Energy stock has retreated into a bear market, falling by 33% from its highest point this year. It dropped to $234 today, continuing a trend that started on June …
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SpaceX (SPCX) shares fell more than 2% on Friday, extending a volatile stretch that has erased the stock’s post-IPO gains as investors continue debating whether Elon Musk’s AI and space …
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The number of Americans filing new applications for unemployment benefits declined last week, pointing to continued resilience in the US labour market even as hiring slowed sharply in June. Initial …
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Investing
Is the 3.2% yielding SCHD ETF a buy as one-year Treasury yields hit 4.06%?
by adminby adminThe Schwab US Dividend Equity ETF (SCHD) has moved sideways in the past few days. It has remained inside the key support and resistance levels of $31.60 and $32.90 since …
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Virax Biolabs (VRAX) shares exploded higher on Thursday morning after management announced a lucrative cross-border commercial breakthrough. In a press release dated July 9th, the company said its UK subsidiary …
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Business
Trump wants to cut trade with Spain: the reasons go beyond NATO’s defence spending
by adminby adminUS President Donald Trump has reignited his long-running dispute with Spain by threatening to cut off trade with the country over its refusal to back NATO’s new defence spending target. …