News
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Adobe Beats Earnings Across the Board — Why Did Shares Only Rise 2%?
TradingKey - On September 11 (U.S. Eastern Time), software giant Adobe（ADBE.US） released its fiscal third-quarter 2024 results, delivering strong beats on all key metrics. The stock initially surged 8% in after-hours trading, but quickly pared gains to close up just 2.77%, reflecting cautious market
TradingKey
3 minutes ago
China investors seen looking past Cambricon index rebalance, staying bullish on AI
By Li Gu and Jiaxing Li SHANGHAI/HONG KONG, Sept 12 (Reuters) - Investors are expected to remain hungry for China's Cambricon shares 688256.SS, with a looming reshuffle in a key tech index that could lead to over $1 billion worth of passive selling unlikely to shake their confidence in the AI...Reuters
23 minutes ago
SK Hynix Smashes HBM4 Performance Ceiling, Sending Stock to All-Time High
TradingKey - SK Hynix announced on Friday that it has completed the development of its fourth-generation High Bandwidth Memory (HBM4) and is fully prepared for mass production. The company's stock price surged as much as 7% intraday.TradingKey
26 minutes ago
LIVE MARKETS-Europe before the bell: Europe futures rise on bets for Fed cuts
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: EUROPE FUTURES RISE ON BETS FOR FED CUTSEuropean futures rose on Thursday as a surge in U.S. jobless claims and...Reuters
29 minutes ago
LIVE MARKETS-Markets to Fed: We'll take five to go, please
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comMARKETS TO FED: WE'LL TAKE FIVE TO GO, PLEASE Well, that was a relief. U.S. CPI was on the firmer side but not so much that you&...Reuters
an hour ago
Asian shares ride Fed easing hopes to record highs
SYDNEY, Sept 12 (Reuters) - Asian share markets followed Wall Street higher on Friday as expectations for rapid-fire U.S. rate cuts promised to lower borrowing costs globally, a relief to stressed bond markets and a drag on the dollar.Reuters
an hour ago
Jefferies weighs impact of possible options expiry changes on Nuvama, BSE
** Jefferies says speculation over shifting index expiries to fortnightly or monthly and aligning them on the same day could have varied impacts on India's BSE BSEL.NS and Nuvama Wealth NUVA.NS.Potential Options Expiry scenarios Impact on BSE Impact on Nuvama Fortnightly with separate day expiry...Reuters
an hour ago
Crypto Daily | Bitcoin Tops $116K, Ether Gains as Fed Rate Cut Bets Firm Up; Crypto Exchange Gemini Raises $425M In Heavily Oversubscribed IPO
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin Tops $116K, Ether Gains as Fed Rate Cut Bets Firm UpBitcoin briefly rose above $116,000 on Friday after fresh US inflation data fueled expectations of a Fed...Tiger News
an hour ago
HK Movers | Pop Mart Stock Jumps over 3% as Accessories Brand popop Reported to Launch Pure Gold Series Products
Pop Mart's accessories brand popop is venturing into the gold market, planning to launch its first pure gold series products, sources divulged. The most expensive item is a gold ornament weighing approximately 41 grams, priced over RMB56,000.Shares of Pop Mart jumped over 3% on the news.The first ph...Tiger News
2 hours ago
Australia's Locate Technologies rises on New Zealand listing intention
** Locate Technologies LOC.AX had surged as much as 33%, its biggest intraday gain since July 14, before trimming to trade 7.4% higher at A$0.058** Tracking software provider plans arrangement with an unidentified NZ incorporated entity to move listing from ASX to NZX main board** Under deal, co'...Reuters
2 hours ago
NLC India set for best week in 6 months on critical minerals project, China supply optimism
** Shares of NLC India NLCI.NS rise 1.65% to 260.50 rupees** NLCI up about 13.7% this week, on course for best week in about six months** NLC shares gain on optimism around rare earth supply, as easing curbs in China boost sector sentiment, says SBICaps ** Co signs MoU with Khanij Bidesh India Li...Reuters
2 hours ago
EMERGING MARKETS-Fed rate cut fever propels Asian stocks to record levels
Taiwan, S.Korea and Singapore equities near record levelsMSCI EM Asia index gains for 6th dayMost regional indexes set for best weekly gains in monthsIndonesia stocks up 1%, rupiah edges higherBy Sameer Manekar and Roushni Nair Sept 12 (Reuters) - Equities in Asian emerging markets traded around ...Reuters
3 hours ago
MORNING BID EUROPE-Markets to Fed: We'll take five to go, please
Sept 12 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.Well, that was a relief. U.S. CPI was on the firmer side but not so much that you'd notice. Some of the prices that feed into core PCE were surprisingly benign, leading analysts to trim their forecasts to ...Reuters
3 hours ago
JP Morgan starts on India's Astral, Supreme Industries; shares climb
** JP Morgan initiates coverage on Indian pipe makers Astral ASTL.NS and Supreme Industries SUPI.NS with "overweight," price targets at 1,700 rupees and 4,930 rupees, respectively ** Shares of ASTL up 2.1% to 1,470.1 rupees, SUPI climbs 2.2% to 4,448.1 rupees ** PTs at ~18%, ~13% premium on ...Reuters
3 hours ago
Via Announces Pricing Of Initial Public Offering At $46.00 Per Share
Sept 11 (Reuters) - Via Transportation Inc VIA.N:VIA ANNOUNCES PRICING OF INITIAL PUBLIC OFFERINGVIA TRANSPORTATION INC - PRICES IPO AT $46.00 PER SHAREVIA TRANSPORTATION INC - OFFERING 7,142,857 SHARES IN IPOVIA TRANSPORTATION INC - PRICES IPO AT $46.00 PER SHAREReuters
4 hours ago
US SEC Chairman Atkins: The Era Of Crypto Has Fully Arrived, And The US Will Lead Crypto And AI Innovation
In his keynote speech at the inaugural OECD Roundtable on Global Financial Markets, SEC Chairman Paul S. Atkins declared that the era of cryptocurrency is upon us and highlighted the U.S.'s position to spearhead innovation in both cryptocurrency and artificial intelligence. Atkins stressed that the ...Tiger News
4 hours ago
ASX AGM Season Is Coming. Here's What to Expect
The ASX reporting season for 2025 has only just finished up, but ASX-listed companies have already turned their attention to the next major event: the AGM (annual general meeting) season.When is the ASX AGM season?In Australia, the AGM season is typically a two-month period from October to November....Tiger News
4 hours ago
New Zealand’s Consumer Spending Decline Suggests Shrinking Economy
New Zealand consumer spending decreased in the three months through June, indicating that the country's economy experienced a downturn during this period.Debit and credit card spending per person slipped to NZ$5,045 ($3,014) in the second quarter, marking the lowest level since the first three month...Tiger News
4 hours ago
HK Movers | Nonferrous Stocks Rally. Breton up over 20%; Jiangxi Copper, MMG up over 7%; Chalco, China Hongqiao up 6%; Chinf Mining, Chi Silver up 5%
Nonferrous stocks rallied in Hong Kong. Breton up over 20%; Jiangxi Copper, MMG up over 7%; Chalco, China Hongqiao up 6%; Chinf Mining, Chi Silver up 5%; CMOC Zhaojin Mining up around 4%.Tiger News
5 hours ago
Japan's Nikkei hits record high, overheating caution limits gains
By Junko FujitaTOKYO, Sept 12 (Reuters) - Japan's Nikkei share average hit a record high on Friday, tracking Wall Street's strong finish overnight, but the gains were limited as the market turned cautious about the rally.As of 0152 GMT, the Nikkei .N225 rose 0.7% to 44,668.23, after gaining ...Reuters
5 hours ago
