Samsung’s Preliminary Quarterly Profit Just Jumped 19-Fold — and Micron Stock Fell on the News. Here’s Why.
Key Points Samsung estimated a record second-quarter operating profit of about 89.4 trillion won — a more than 19-fold increase…
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Why Netflix Stock Lost 17% in June
Key Points Netflix co-founder and longtime CEO Reed Hastings left the board at the beginning of the month. Media outlets…
Hang Seng Index rallies as Alibaba, Tencent, Lenovo shares surge
The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards…
Should You Buy SpaceX Stock Right Now?
Key Points SpaceX trades above a 100 price-to-sales ratio and continues to burn through cash. Elon Musk is aiming for…
Nikkei 225: bullish pattern emerges as Kioxia stock, Japan bond yields jump
The Nikkei 225 Index traded sideways on July 8 as artificial intelligence (AI) stocks rebounded after Tuesday’s sharp sell-off. The…
Asian Markets Track Wall Street Lower
(RTTNews) – Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight,…
Australian Market Trims Early Losses In Mid-market
(RTTNews) – The Australian stock market is trimming its early losses in mid-market moves on Wednesday, but extending the losses…
Indian Shares Open Lower Amid US-Iran Tensions
(RTTNews) – Indian shares fell in early trade on Wednesday, as a global tech sell-off deepened and the United States…
KOSPI rebound puts Samsung, SK Hynix back in focus after brutal chip rout
The KOSPI’s rebound on Wednesday showed that investors are not ready to walk away from South Korea’s chip trade, even…