Pixelbizz/iStock Editorial via Getty Images Shares of ASML Holdings (NASDAQ:ASML) hit an all-time high of over $1000 and €1000 across both the exchanges where it trades, seemingly benefiting from optimism around its key customer, Taiwan Semiconductor (NYSE:TSM). The semiconductor equipment maker’s shares are up around 7% in trading so farContinue Reading
U.Today – In a remarkable development, wallets holding 10,000 (BTC) or more have reached their highest levels of coin accumulation in the last six years. According to data from Santiment, these substantial wallets now exceed 3.19 million coins, a milestone last achieved in November 2018. Over the past six weeks,Continue Reading
hxdbzxy/iStock via Getty Images The S&P 500 communication services sector has witnessed strong growth this year, driven by positive earnings and enthusiasm over the promise of artificial intelligence. Communication services (SP500-50) emerged as the second-best performing segment among the 11 S&P 500 sectors, gaining 26% in the first half ofContinue Reading
Asia-Pacific Images Studio Asia-Pacific equity markets mostly advance on Thursday as market participants assessed business activity data in Hong Kong and trade figures in Australia, which both missed expectations; and taking cues from a strong lead on Wall Street. Japan (NKY:IND) +0.89%. The Nikkei 225 Index rose 0.3% to aroundContinue Reading
Wall Street’s benchmark S&P 500 (SP500) gauge on Wednesday scaled a new intraday all-time high, after fresh economic data supported a scenario where the Federal Reserve would be able to start easing monetary policy. Traders will see a truncated session ahead of the Independence Day holiday, with equity and bondContinue Reading
mirsad sarajlic/iStock via Getty Images The S&P 500 (SP500)(SPY)(VOO) is not the world’s only equity index that’s top-heavy and soaring to new heights. Apollo Global Management noted Wednesday that Japan’s Topix index, which tracks +2100 corporate issues, is being dominated by the biggest 30 stocks. The biggest stocks – whichContinue Reading
primeimages UBS analysts came up with a list of high-quality stocks — compared to their peers — that pay a dividend that seems unlikely to be cut. Analysts forecast a 21.8% probability of a dividend cut across regions and sectors, but U.S. stocks have the lowest probability of a dividendContinue Reading
jetcityimage Tesla (NASDAQ:TSLA) is being sized up by analysts and investors are reporting 443,956 deliveries for Q2 to beat the consensus estimate for a tally of 439,302 vehicles. Notably, most of Tesla’s (TSLA) sales came from the smaller and cheaper Models 3 and Y lines, with the company selling onlyContinue Reading
bfk92/E+ via Getty Images The Baltic Exchange’s main sea freight index surged to its highest level in nearly two months on Monday, as spot rates for capesize vessels spiked to break through the $30K/day level. The overall Baltic Dry index (BDIY:IND), which factors in rates for capesize, panamax and supramaxContinue Reading
LPETTET/E+ via Getty Images High Tide (NASDAQ:HITI) has entered into a definitive asset purchase agreement to buy a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia, for $600,000. For the trailing three months ended May 31, 2024, the store generated annualized revenue of $2.3 million and annualized adjustedContinue Reading
