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Crypto Daily | BlackRock CEO Bullish on Crypto Outlook; Crypto Whale Bets Big Against CXMT; Cathie Wood Trims Robinhood
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBlackRock CEO: Very optimistic about the development prospects of cryptocurrency in the next 12 monthsLarry Fink, CEO of the world's largest asset management compan...Tiger News
Thu, Jul 16
HK Stocks Extend Rally. HSTECH Soars 2.6%; XPeng up 6%; Pop Mart, Xiaomi up About 5%; Meituan up 4%; Tencent, JD up over 2%
Hong Kong stocks continued to jump on Thursday. HSI jumped 1.6%; HSTECH gained 2.6%.XPeng up 6%; Kuaishou, Pop Mart, Bilibili, Xiaomi up about 5%; Meituan, Alibaba up nearly 4%; Baidu, BYD up over 3%; Tencent, JD up over 2%.Tiger News
Thu, Jul 16
SG Morning Brief | Apple Hits ATH on China AI Deal, PPI Confirms Disinflation; TSMC + Netflix Tonight
US OvernightThe S&P 500 rose 0.38% to 7,572.40, the Nasdaq gained 0.62% to 26,269.23, and the Dow added 150.37 points (+0.29%) to 52,658.64, marking a second consecutive advance for all three. The session saw a remarkable split: the Magnificent Seven (ex-Tesla) rallied 3-4% each while the chip secto...Longport
Thu, Jul 16
24H | Storage Shares Fall with SK Hynix Dropping over 3%, SanDisk Down Nearly 2%; ASTS Sinks 12% on Proposed $1B Convertible Notes Offering
Storage shares continued to fall in overnight trading. SK Hynix fell over 3%; Seagate Tech, SanDisk down nearly 2%; Western Digital, DRAM down over 1%.AST SpaceMobile shares fell 12% in overnight trading after the company said it intends to offer $1 billion of convertible senior notes due 2034 in a ...Tiger News
Thu, Jul 16
Top Calls on Wall Street: Nvidia, SpaceX, Tesla, Microsoft, AMD, IBM, Cava & More
Here are Wednesday’s biggest calls on Wall Street:Raymond James reiterates Nvidia as strong buyRaymond James said it’s sticking with the stock.“Server trends cited by channel partners and supply chain continue to reveal strength from accelerated platforms (i.e., AI machines), including incremental d...Tiger News
Wed, Jul 15
Storage Chip and Optical Communication Stocks Drop With SanDisk Down 10%; SK Hynix, AAOI Down 9%; WDC, STX, Corning Down 7%
Storage chip stocks pulled back in market trading. SanDisk Corp. down 10%; SK hynix down 9%; Western Digital, Seagate Technology PLC down 7%; Micron Technology down 6%.optical communication stocks dropped in market trading. Applied Optoelectronics down 9%; Corning down 7%; Lumentum down 6%; Ciena, C...Tiger News
Wed, Jul 15
Chip Stocks Jump with UMC up 7%; SOXL up 6%; ASML up 5%; Intel, LSCC, KLAC, AMAT up 4%; LRCX, WOLF, CRDO up 3%; SMTC, TSM, ARM up 2%; Broadcom up 1%
Chip stocks jumped in premarket trading. United Microelectronics up 7%; Direxion Daily Semiconductors Bull 3x Shares up 6%; ASML Holding NV up 5%; Lattice Semiconductor, Intel, KLA-Tencor, Applied Materials up 4%; Lam Research, Wolfspeed Inc., Credo Technology Group Holding Ltd up 3%; Semtech, Taiwa...Tiger News
Wed, Jul 15
Premarkt Movers | SK Hynix Drops 5%; Aehr Test Systems Soars 31%; PayPal Jumps 12%
SK hynix fell 5% in premarket trading. The ADRs advanced 27% on Tuesday, more than offsetting a 9.3% decline from the prior session, which was influenced by a significant selloff in South Korea that affected US trading. The premium for SK Hynix ADRs compared to their shares listed in Korea has surge...Tiger News
Wed, Jul 15
24H | Chip, Storage Shares Extend Rally. SOXL up 7%; ASML Soars 5% on Strong Forecast; Lam Research, AMAT, Wolfspeed, Intel up over 4%
Chip, storage shares extended rally in overnight trading. SOXL up 7%; ASML soars 5%; Lam Research, Applied Materials, Wolfspeed, Intel up over 4%.Dutch semiconductor equipment manufacturer ASML Holding NV has increased its full-year sales forecast for the second time in 2024, driven by robust demand...Tiger News
Wed, Jul 15
Korean Brokers to Tighten Single-Stock Leveraged ETF Rules; Minimum Margin May Rise Fivefold
Korean brokers, convened by the Korea Financial Investment Association on Tuesday, agreed in principle to tighten investor protections for single-stock leveraged ETFs tracking Samsung Electronics and SK Hynix. One proposal under discussion would raise minimum margin requirements from 10 mln won to 5...Tiger News
Wed, Jul 15
Crypto Daily | Cathie Wood Boosts Stakes in Circle and Block as Whale Takes Highly Leveraged Long Position in CXMT
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsArk Invest increased its holdings in Circle stock by $13.9 million and Block stock by $1.5 million on TuesdayCathie Wood's Ark Invest on Tuesday increased its holdi...Tiger News
Wed, Jul 15
SG Morning Brief | CPI Plunges to 3.5%, SK Hynix Soars 27%, IBM Crashes 25%; Rate Hike Odds Collapse
US OvernightThe S&P 500 rose 0.38% to 7,543.59, the Nasdaq gained 0.90% to 26,107.01, and the Dow eked out a 9.63-point gain (+0.02%) at 52,508.27 after IBM's historic 25% plunge offset Goldman Sachs' 9% rally. June CPI was the headline: headline inflation fell to 3.5% from 4.2%, well below the 3.8%...Longport
Wed, Jul 15
24H | Aehr Test Systems Soars over 29% After Swinging to 4Q Profit; SK Hynix Falls 4% After a 27% Rally
Shares of Aehr Test Systems rose over 29% in overnight trading after the semiconductor equipment manufacturer swung to a profit in its fiscal fourth quarter.Aehr reported net income of $1.4 million, or 4 cents a share in the quarter ended on May 29, compared with a loss of $2.9 million, or 10 cents ...Tiger News
Wed, Jul 15
Top Calls on Wall Street: Nvidia, SK Hynix, IBM, SpaceX, Apple, Netflix, AMD, Broadcom & More
Here are Tuesday’s biggest calls on Wall Street:KeyBanc reiterates Nvidia as overweight Key raised its price target on the stock. “NVDA (positive, Overweight, increasing estimates, increasing PT to $330 from $310) – Our takeaways were mixed but mostly positive for NVDA.”Barclays initiates SK Hynix a...Tiger News
Tue, Jul 14
Bank Stocks Jump as Big Banks Post Strong Results
Bank stocks surged in morning trading after major banks reported strong earnings. Goldman Sachs rose 8%; Morgan Stanley and UBS rose 4%; JPMorgan Chase rose 3%; Deutsche Bank, Barclays, Bank of America, and Citigroup rose 2%. JPMorgan Chase reported a record second-quarter profit on Tuesday, as ...Tiger News
Tue, Jul 14
Optical Communication Stocks Jump with AXTI up 10%; Semtech up 9%; Lumentum, AAOI up 8%; POET up 7%; Ciena up 4%
Optical Communication stocks jumped in market trading. AXT Inc up 10%; Semtech up 9%; Lumentum, Applied Optoelectronics up 8%; POET Technologies Inc up 7%; Ciena up 4%; Corning, Credo Technology Group Holding Ltd up 3%; Coherent up 2%; Amphenol up 1%.Tiger News
Tue, Jul 14
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