Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in…
SHANGHAI/HONG KONG (Reuters) -China’s stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the economic recovery struggles to gather pace. The benchmark Shanghai Composite (000888.SS) Index is up by a quarter since April and at…
Something doesn’t make sense about the current stock market boom. U.S. big caps keep soaring while the economic outlook keeps getting worse. Right now, the atmospherics, Big Momentum and AI euphoria, are winning over the negative news flow and daunting market metrics. But sooner or later the fundamentals will take charge, and then, watch out…
By Andrea Shalal WASHINGTON (Reuters) -Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices, the International Monetary Fund said in a report on Monday. That in turn can generate market volatility which can threaten financial stability, it said in a chapter from its forthcoming Global Financial Stability Report. The IMF…
NEW YORK, NEW YORK – MARCH 16: People walk past the New York Stock Exchange (NYSE) on March 16, 2023 … More in New York City. Stocks fell again in morning trading as investors continue to show concerns over the stability of global banks following the collapse last week of Silicon Valley Bank. (Photo by…
We recently published a list of 10 Most Oversold S&P 500 Stocks in 2024. In this article, we are going to take a look at where ON Semiconductor Corporation (NASDAQ:ON) stands against other most oversold S&P 500 stocks in 2024. Strong economic growth and the prospect of declining interest rates continue to support gains in global…
Worries about President Donald Trump’s tariffs are hurting U.S. stocks Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in early trading following similar losses for stock markets across Asia and Europe. The Dow Jones Industrial Average was down 435 points, or 1%, as of 9:35…
A version of this post first appeared on TKer.co After hitting a few bumps over the past month, the bull market resumed and stocks hit record highs last week. This happened despite some notable headwinds intensifying in recent months. Long-term interest rates, while off their highs, remain above levels we’ve experienced in recent years. This…
Why Goldman Sachs Analysts See Risk Of A Massive 30% Correction In The Stock Market In 2025 Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. There is a saying in Vegas that “everyone loves a gambler until they lose,” and if you’ve ever seen crowds gather…
Trump Is in Office, but Volatility Remains Lower President Donald Trump’s first day in office has produced a flurry of headlines, but it hasn’t yet caused stock prices to fluctuate more than usual. The CBOE Volatility Index, or VIX, also known as the fear gauge, was down slightly at 15. Source link