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KOSPI Index Turns Positive Through 2024 After 2.44% Gains This Week
After adding 2.44% to the index value this week, the KOSPI has turned green on the year, now trading up 1.98% after earlier struggles. The index looks set to remain within the emerging markets bracket, as the previous issues
Nvidia 10-for-1 Stock Split (NVDA) Comes After Close, Ex Dividend Date Looms
Nvidia (NASDAQ: NVDA) is set to execute a 10-for-1 stock split after the market closes today, with the resumption of trading on Mond
VIX Index Gains in Recent Sessions – Levels Still Within Usual Range
A noteworthy rise in the CBOE Volatility Index (VIX Index) has taken place over the past couple of weeks following a significant decline. The VIX, often referred to as the market's "fear gauge," has seen an increase of 7.8% o
Robinhood (NASDAQ: HOOD) Pops To 52 Week Highs On Bitstamp Crypto Acquisition News
In a move indicative of the burgeoning interest in cryptocurrency markets, Robinhood Markets Inc has disclosed its intentions to acquire Bitstamp, one of the oldest global cryptocurrency exchanges. With a transactional value
UK House Prices ‘Static’ in May, But Stability Should Instil Confidence – Halifax
Halifax said May 2024 house prices were "static," edging slightly lower from April. In its House Price Index, Halifax revealed average house prices were stable during the month, down just -0.1% to £288,688, from £288,862 the
Bellway Shares (LON: BWY) Up Early As Firm Raises Average Selling Price Outlook
Bellway plc (LON: BWY) reported a positive trading update for the period from February 1 to June 2, 2024, indicating stronger demand and an improved outlook for the housebuilder. The Bellway share price has traded up on the g
B&M Revenue Rises 10%, ‘Volume Driving Profitable Growth’
Discount retailer B&M European Value Retail (LON: BME) reported Wednesday that FY24 revenue rose 10.1% to £5.5 billion for the financial year ending March 30th, 2024.
Why were Riot Platforms Shares (NASDAQ: RIOT) Down?
Kerrisdale Capital, a well-known short seller, announced early yesterday that it had taken a bearish stance on Riot Platforms (NAS
Amazon Expands in India with MX Player Acquisition
Amazon (NASDAQ:AMZN), the global e-commerce and cloud computing giant, has announced it has entered into an agreement to acquire specific assets of MX Player, an Indian video streaming service. This strategic move aims to bol
Meta Shares Look Set To Take Out $500 But Facing EU Backlash Over AI Data Practices
Coming off the back of a very strong day for Meta stock (NASDAQ: META), adding 3.79% on the day, comes further scrutiny from Europe. Shareholders will be hoping that this does not derail the momentum that has seen the stock a
Deutsche Bank Optimistic on Rio Tinto Amid Copper Rally
In a recent update, Deutsche Bank has adjusted its target for shares in global mining giant Rio Tinto (LON : RIO), as copper prices experience a robust surge. The target for
LON: BPT – Bridgepoint Chair William Jackson to Exit
Bridgepoint Group (LON: BPT), a prominent asset manager, has announced a significant shift in its leadership as founder and outgoing chair William Jackson prepares to step down from his role on the board this summer. Jackson,
Fever-Tree Shares Jump as Brand Continues to Drive Market Share Gains
Fever-Tree (LON: FEVR), the premium drink mixer brand, saw its stock rise 3% at Thursday's opening bell, fuelled by continued market share growth.
BHP Group Has ‘Attractive Valuation’ Says Goldman Sachs
Investment bank Goldman Sachs has identified BHP Group as having an "attractive valuation" in a note this week.
Supermicro Stock (NASDAQ: SMCI) Heats Up On Liquid-Cooled AI Innovation
Super Micro Computer Inc stocks (NASDAQ: SMCI) are trading high today, up 5.59% as news of a a new AI innovation hits. The SMCI share price is heating up, after a period o
Shorted Stocks in the UK – Which Names Make The Most ‘Unwanted’ List
Short-selling is a controversial topic but one that investors need to know about. The practice involves selling shares in a company that you don’t already own, in the expectation that at some later date, the price will have f
Elections Stir Global Market Uncertainty
Recent electoral outcomes across several countries have triggered notable financial market movements, with investors displaying acute sensitivity to political shifts. In
CrowdStrike Stock Surges on Strong Q2 Outlook
Shares of CrowdStrike Holdings (NASDAQ: CRWD), a prominent cybersecurity firm, experienced a significant premarket surge as the company’s second-quarter revenue forecast exceeded Wall Street expectations.
SSE Index Dips With Chinese Stocks Despite Service Sector Acceleration
Chinese equity markets closed lower on Wednesday, despite a notable uptick in service sector growth. The Shanghai Composite (SSE index) faced a downturn, shedding 0.83% to end at 3,065.40, while the broader blue-chip CSI300 i
FTSE 250 Dips Slightly As 100 Gains – Rate Cut Expectations Growing
London stocks have endured a mixed start to Wednesday, following a weaker-than-expected report on US jobs. The FTSE 100 index was up 0.288% at 8,255 as speculation over upcoming rate cuts by major central banks, yet the FTSE