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TOKYO (dpa-AFX) - The Japanese stock market is sharply lower on Monday, extending the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The Nikkei 225 is falling below the 63,050 level, with weakness in index heavyweights and technology stocks partially…
The viral Roundhill Memory ETF (CBOE: DRAM) is losing momentum as its outflows jump. Its top constituent companies also remain in a technical bear market, having fallen more than 20% from their highest levels this year. It ended the week at $59.10, down by 27% from its highest point this year. DRAM ETF Outflows are Ris
Japan stocks are sharply lower Wednesday, extending losses from the prior two sessions. The Nikkei 225 is falling to near the 64,500 level with weakness across most sectors after broadly negative Wall Street cues.
Most American investors have a fairly limited map of Asia. They know Japan because Japanese stocks have finally awakened after several lost decades. They know China because it generates a steady supply of enormous opportunities, political headaches, and alarming headlines. Beyond those two markets, things get fuzzy. Th
MARA Holdings shares are sharply lower Friday afternoon, down 9.94% to $10.69, as Bitcoin weakens and a stronger U.S. dollar adds pressure to crypto-linked miners.
Despite fewer Americans hitting the pumps, 7-Eleven, the U.S. convenience store unit of the Japanese company Seven & i Holdings Co Ltd (OTC: SVNDY ) announced nearly $349 million profit, largely attributed to the recent surge in U.S. gasoline prices. As per the company, surge in gasoline prices contributed nearly half
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
***General Trend and Developments*** - TECH: Shares of Meta rallied by >8% in NY trading. The move came as the co. is said to be building a cloud business to sell excess AI compute, which could ease concerns about the co’s costs [press]. Recent cost reduction news also circulated in The Information related to OpenAI on
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%
Asian markets experience volatility amid concerns over memory pricing power, leveraged retail investors, and currency fluctuations, with Kospi and Nikkei showing mixed performance