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News
Kospi Drops Below 7,000, Nikkei Slumps 1.7%; Kioxia, Samsung and SK Hynix Retreat From Highs as SoftBank Surges Over 5%
6+ day, 9+ hour ago (476+ words) During Asian trading hours on September 8, Japanese and South Korean stock markets initially surged before reversing to close lower amid soaring oil prices driven by US-Iran tensions. The KOSPI dropped 0.58% to 6,954.52 after breaking 7,000 earlier, while the Nikkei 225 tumbled 1.7% to 65,269.33. Brent…...
NVIDIA Stock Rebounds as AI Demand Holds: Can NVDA Break $230?
1+ week, 4+ day ago (670+ words) NVIDIA reported a jump of 106% year over year (YoY) for the current fiscal quarter ending in Q2 of 2027, as reported on August 26. During the same reporting period, Data Center revenue was up an impressive 117%. GAAP operating income rose by 124% to $63.73 billion…...
US Stocks Close Lower, Dow Drops 110 Points as Resilient PCE Inflation Reignites Rate-Hike Expectations; Fed Chair Warsh to Speak Friday
2+ week, 4+ day ago (260+ words) TradingKey - U.S. core PCE inflation for July met expectations, but resilient inflation reignited expectations of Fed rate hikes, sending the three major U.S. stock indices slightly lower. Markets are focusing on Fed Chair Kevin Warsh's speech at the Jackson Hole annual symposium…...
Marvell Strikes Custom Chip Deal With Google: Why Broadcom Fell and Why Goldman Sachs Thinks Market May Be Overly Worried
3+ week, 5+ day ago (671+ words) On August 19, Eastern Time, Broadcom fell for a fourth consecutive day toward $360 following Marvell and Google's custom chip partnership. This alliance threatens Broadcom's traditional scarcity in Google's AI supply chain, sparking fears over future order allocation and repricing its core…...