Sunday, June 16, 2024

Stock Market

The stock market refers to the collection of markets and exchanges. It is where regular activities of buying, selling, and issuance of shares of publicly-held companies take place.

Asian stocks

Asian Stocks Decline Amid Tech Concerns and Earnings Reports

Asian stocks experienced a downturn on Wednesday, despite positive expectations that the US Federal Reserve would soon end its prolonged inflation campaign. The market sentiment was overshadowed by disappointing earnings reports, tech-related worries, and ongoing uncertainties regarding China's post-Covid recovery....

Asian Stock Markets Closed Higher (10/23)

Stock markets in major Asian countries closed higher on the 23rd as they failed to significantly dampen investor sentiment despite unstable factors such as pressure on soaring U.S. Treasury yields and concerns over an economic downturn. China's Shanghai Composite Index...

Tesla Stock Plunged 15% Over the Week

Tesla, which plunged nearly 10% the previous day, plunged nearly 4% today. This has caused Tesla to plunge 15% over the past week. Tesla plunged 3.69% to $211.99 on the New York Stock Exchange on the 20th (local time) from...

AMD and NVIDIA Rallied in NYSE

Micron, the largest U.S. memory chipmaker, plunged more than 4% due to disappointment in earnings, but most semiconductor stocks rallied, with AMD, called the "second NVIDIA," soaring nearly 5%, sending the Philadelphia Semiconductor Index, a semiconductor gathering, soaring nearly 2%....

NVIDIA Leads Semiconductor Stocks Rally

Philadelphia Semiconductor Index, a semiconductor group, also surged nearly 3%, as semiconductor stocks rallied in unison, with NVIDIA, the largest beneficiary of generative artificial intelligence (AI), soaring more than 8%. On the 21st (local time), the Philadelphia Semiconductor Index jumped...

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