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Chip, Storage Shares Rebound. Western Digital, Seagate Tech Surge over 5%; Micron, Qualcomm up over 3%; SOXL, Wolfspeed, SanDisk Around up 2%
Chip, storage shares rebounded in premarket trading. Western Digital, Seagate Tech surged over 5%; Micron, Qualcomm up over 3%; SOXL, Wolfspeed, SanDisk up around 2%.Tiger News
Tue, Jun 16
Premarket Movers | Western Digital Soars Another 4% While Seagate Tech Gains over 2% on Analyst Upgrades; Chinese ADRs and ETFs Fall with YINN Down 5%; Baidu, Alibaba Down Around 3%
Western Digital stock jumped another 4% in premarket trading, while Seagate Technology rose 2.56%.Western Digital’s stock was the biggest gainer in the S&P 500 on Monday, up 16%, and Seagate Technology shares rose 9%, the index’s fourth-best gainer.That was after Morgan Stanley analyst Erik Woodring...Tiger News
Tue, Jun 16
Alibaba's QoderWork Launches 'Consciousness' Feature
Alibaba's desktop AI assistant QoderWork has launched a 'Consciousness' feature combining memory, reflection and skill-evolution modules. In addition to saving conversations, the feature can proactively organize and purge redundant information and convert high-frequency tasks into reusable skills.Tiger News
Tue, Jun 16
Crypto Daily｜Kraken Debuts U.S. Perpetual Futures as Crypto Derivatives Move Onshore; Strategy Raises Cash Reserves to $1.1 Billion, Buys More Bitcoin
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsKraken debuts U.S. perpetual futures as crypto derivatives move onshoreKraken began offering regulated perpetual futures to U.S. customers, marking a significant st...Tiger News
Tue, Jun 16
Hang Seng Tech Index Drops 2% as HSI Falls 1.42%;
Hang Seng Tech Index fell more than 2% in afternoon trade; HSI down 1.42%. HUA HONG SEMI , CHINAHONGQIAO and CHINA RES MIXC slid over 5%; BILIBILI-W and KUAISHOU-W dropped more than 4%; BIDU-SW , MEITUAN-W , HORIZONROBOT-W and SenseTime (00020.HK) fell over 3.5%.Tiger News
Tue, Jun 16
Hong Kong Stocks Drop; Semiconductors Stocks Dip; Andre Juice Surges 34%
1. Market OverviewThe Hang Seng Index (HSI) retreated 1.59% to 24,446.77 in afternoon trading, while the China Enterprises Index (HSCEI) slipped 1.71% to 8,232.31. Technology counters underperformed as the Hang Seng Tech Index fell 2.35% to 4,653.58, staying above—but edging toward—the psychological...Tiger News
Tue, Jun 16
Hong Kong Optical Communications Sector Extended Yesterday’S Gains, LENS Rose Nearly 7%
Hong Kong optical communications sector extended yesterday’s gains: LENS rose nearly 7%; Junzhi Group (01300.HK) and Huiju Technology (01729.HK) each climbed over 4%; Yangtze Optical Fibre and Cable (06869.HK) gained more than 3%; Sunny Optical Technology (02382.HK) and peers also advanced.Tiger News
Tue, Jun 16
May Retail Sales: Dark Before Dawn?
Dolphin Research’s earlier concerns have unfortunately materialized: May’s retail sales came in even weaker than Apr., marking the first negative YoY print (-0.6%) in the post-Covid period. Even before the Sep-24 ‘reversal’, domestic retail sales had not looked this soft.From two angles: by channel,...Dolphin Research
Tue, Jun 16
SG Morning Brief | Nasdaq Jumps 3% on Iran Peace Rally, Dow Hits Record; Warsh FOMC Wednesday Night
US OvernightThe Nasdaq surged 3.07% to 26,683.94, its best day since March 31. The S&P 500 gained 1.65% to 7,554.29, and the Dow rose 468.77 points (+0.92%) to a record 51,671.03, also hitting a new intraday all-time high. The rally was broad and conviction-driven as Wall Street priced in the US-Ira...Longport
Tue, Jun 16
SOFI in Muddy Waters' Crosshairs: Fintech Newcomer or High-Tech Hype?
$SoFi Tech(SOFI.US) has been public for five years, cycling through labels from the next Lending Club to a growing digital bank, and even a high-volatility financial meme stock. Since its 2021 listing, the share price has repeatedly stumbled, hitting as low as 60% of its IPO valuation at the trough ...Dolphin Research
Tue, Jun 16
24H | SpaceX Extends Gains, Surging Over 8% Overnight As Chip And Storage Stocks Slump Broadly
Stock futures slip in overnight trading Tuesday following a winning session for major averages.SpaceX extend gains, rising over 8% in overnight trading. SpaceX has raised $85.7 billion in its U.S. initial public offering after underwriters exercised the "greenshoe" option, the rocket, AI and inter...Tiger News
Tue, Jun 16
Top 5 CDRs Gainers/Losers (>100M) (6.15)
NASDAQ Composite Index has rose 3.07%, with a year-to-date rose 14.8%; S&P 500 has rose 1.65%, with a year-to-date rose 10.4%; Dow Jones Industrial Average has rose 0.92%, with a year-to-date rose 7.5%.EHang(EH) rose 14.63%, with a trading turnover 15.3 Million USD, and a year-to-date fell 42.3%.Mic...Longport
Mon, Jun 15
Top 10 US Stock Gainers (6.15)
NASDAQ Composite Index has rose 3.07%, with a year-to-date rose 14.8%; S&P 500 has rose 1.65%, with a year-to-date rose 10.4%; Dow Jones Industrial Average has rose 0.92%, with a year-to-date rose 7.5%.Horizon Quantum(HQ) rose 63.34%, with a trading turnover 98.9 Million USD, and a year-to-date rose...Longport
Mon, Jun 15
Top 10 US Stock Losers (6.15)
NASDAQ Composite Index has rose 3.07%, with a year-to-date rose 14.8%; S&P 500 has rose 1.65%, with a year-to-date rose 10.4%; Dow Jones Industrial Average has rose 0.92%, with a year-to-date rose 7.5%.Bandwidth(BAND) fell 19.15%, with a trading turnover 181.3 Million USD, and a year-to-date rose 24...Longport
Mon, Jun 15
Top 5 US Stock Gainers/Losers (>100B) (6.15)
NASDAQ Composite Index has rose 3.07%, with a year-to-date rose 14.8%; S&P 500 has rose 1.65%, with a year-to-date rose 10.4%; Dow Jones Industrial Average has rose 0.92%, with a year-to-date rose 7.5%.SpaceX(SPCX) rose 19.6%, with a trading turnover 44.7 Billion USD, and a year-to-date rose 42.6%.W...Longport
Mon, Jun 15
Top Calls on Wall Street: Nvidia, Micron, Ferrari, Rocket Lab, DataDog & More
Here are Monday’s biggest calls on Wall Street:Morgan Stanley initiates Onto Innovation as OverweightThe firm said the semis company has upside to consensus.“We think there is upside to street estimates as well as scope for multiple re-rating for ONTO, a process control SPE [special purpose entity] ...Tiger News
Mon, Jun 15
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