BING-JHEN HONG Nvidia (NASDAQ:NVDA) was in focus on Monday as Morgan Stanley raised its earnings estimates and price target on the semiconductor giant, citing “robust” data checks. Shares fell fractionally in premarket trading. Recent checks from Taiwan and China were more than enough to keep the firm confident on near-termContinue Reading
Investing.com– Bitcoin price rose on Monday, recovering a measure of recent losses, although sentiment towards the token and broader crypto markets remained largely negative. Markets were on edge over a potential, major liquidation event with the now defunct exchange Mt Gox set to begin distributions of stolen tokens from thisContinue Reading
Hywin Holdings (NASDAQ:HYW) announces updates on its plan for strategic business transformation, which includes completely exiting the wealth management and asset management businesses by terminating the China VIE Agreements. The company’s other plans include shifting its business focus towards the technology sector and changing the company’s name to Santech HoldingsContinue Reading
Nikada Asia-Pacific equity markets advanced on Friday as investors assessed stronger-than-expected industrial production data in Japan for May while awaiting a key US inflation reading due later today. The Japanese yen weakened to around 161 per dollar as the Ministry of Finance appointed Atsushi Mimura as Japan’s top currency diplomat,Continue Reading
BlackBerry (NYSE:BB) is set to post first quarter results on Wednesday and investors will keep an eye on guidance, along with updates on ongoing restructuring and cost reduction. Wall Street expects the Waterloo, Canada-based company to post EPS of -$0.03, while revenue is expected to be $134.05 million, representing aContinue Reading
Peach_iStock Hyzon (NASDAQ:HYZN) announced late on Monday that it will realign its strategic priorities after a comprehensive review of the company’s business operations. The key part of the reset is that Hyzon (HYZN) will focus on several lines of the company’s core North American markets and the refuse industry. InContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.14% Germany (DAX:IND) +0.35% Germany June Ifo business climate index 88.6 vs 89.7 expected France (CAC:IND) +0.25% Switzerland’s current account surplus widened to CHF16.1B in Q1 2024. The consumer confidence indicator in the Czech Republic decreased further to 101 in June 2024. The pan-EuropeanContinue Reading
Thitima Uthaiburom/iStock via Getty Images Individual investors have been moving more capital into chip stocks, in particular Nvidia (NASDAQ:NVDA) and levered tech exchange-traded funds, but an overall lull in purchases of stocks and ETFs by that cohort has continued through Q2, according to Vanda Research. Vanda in a mid-week noteContinue Reading
