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Apple Stock Boosted by Robust iPhone 17 Demand; BofA Reiterates Buy Rating with a PT of $270
BofA Securities has restated its Buy recommendation for Apple, maintaining a price target of $270.00, due to the extended shipping times for Apple's iPhone 17 series compared to its predecessors from the previous year.The tracking data from BofA has revealed that the base model of iPhone 17 shows a ...
Tiger News
18 minutes ago
BREAKINGVIEWS-Freakish credit markets could get weirder still
By Neil UnmackLONDON, Sept 24 (Reuters Breakingviews) - In the long history of global debt markets, one core principle has been taken as read: governments borrow at cheaper rates than companies. Yet the gap between those two numbers, known as the credit spread, has narrowed to freakishly low levels ...
Reuters
19 minutes ago
India's cement sector earnings likely to be resilient after tax cuts, Goldman Sachs says
** "The cement sector could prove to be resilient in the upcoming earnings season," analysts at Goldman Sachs said in a note** Costs remained largely stable in the quarter, says brokerage** Adds, price hikes in April-June have corrected only marginally in the ongoing quarter, which came as &...
Reuters
20 minutes ago
Swiss stocks - Factors to watch on September 24
ZURICH/GDANSK, Sept 24 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: NOVARTIS AG NOVN.S Drugmakers Novartis and Abbvie ABBV.N lost a bid to block Maine law on federal drug discount program. ANALYSTS' VIEWSSWISS RE AG SRENH.S: JP Morgan cuts to neu...
Reuters
26 minutes ago
Australia's Charter Hall Long WALE REIT falls, Citi downgrades to 'neutral'
** Shares of Australia's Charter Hall Long WALE REIT CLW.AX fall 1% to A$4.545** Analysts at Citi Research downgrade co to "Neutral" from "Buy", based on a muted growth outlook** Expect operational earnings to grow at around ~3% over the next few years, as CPI decreases to normal...
Reuters
44 minutes ago
MORNING BID EUROPE-'Tis the season to be choppy
A look at the day ahead in European and global markets from Gregor Stuart Hunter:Having passed through the autumn equinox to pumpkin-spiced latte season, it's a little mysterious that markets have yet to encounter any of the weakness historically found this time of year. Until today, that is.Sto...
Reuters
49 minutes ago
Trump’s ‘National Capital’ Strategy Targets Lithium with 10% Stake Bid
TradingKey - Shares of pure-play lithium producer Lithium Americas surged more than 80% in after-hours trading on Tuesday, breaking past $5.60 per share. The rally followed market reports that the Trump administration is actively seeking to acquire up to a 10% equity stake in the company.
Lithium Americas Corp
TradingKey
an hour ago
Alibaba Shares as Apsara Conference Kicks Off
The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from September 24 to 26, 2025.Alibaba shares jumped about 4% in Hong Kong and U.S. overnight trading.
Alibaba Group Holding Ltd
Tiger News
an hour ago
HK Movers | Semiconductor Stocks Rise. Hua Hong Semi, SMIC up 7%; Shanghai Fudan up 5%
Hong Kong’s semiconductor stocks rose on Wednesday. Hua Hong Semi, SMIC up 7%; Shanghai Fudan up 5%; Batelab up 2%; CE Huada Tech up 1%.
Tiger News
2 hours ago
Australia's DroneShield extends gains on US expansion plans
** Shares of DroneShield DRO.AX rise 6.9% to A$3.785, extending gains from the previous session** Stock top gainer on the benchmark .AXJO for a second day; AXJO down nearly 1% ** Defence tech firm on Sept 22 announced expansion of its R&D operations in the U.S. with a second location to its US...
Reuters
2 hours ago
Supply Crunch, Record Profits, Profit Focus: Micron’s Q4 Earnings Defy the Memory Cycle
TradingKey - Micron Technology (MU), the sole U.S.-based memory chipmaker, delivered a stunning Q4 FY2025 earnings report and issued first-quarter FY2026 guidance far above market expectations. Fueled by AI and data center demand, High Bandwidth Memory (HBM) products are in severe shortage, and
Micron Technology Inc
TradingKey
2 hours ago
Japan's Nikkei comes off record close as overheated tech shares slip
TOKYO, Sept 24 (Reuters) - Japan's Nikkei share average edged lower on Wednesday, weighed down by profit-taking in high-flying tech shares.
Reuters
3 hours ago
GLOBAL MARKETS-Asian stocks slip as growth concerns cloud outlook
SINGAPORE, Sept 24 (Reuters) - Stocks in Asia fell on Wednesday, following declines on Wall Street as remarks by Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates and economic data fuelled concerns about slowing growth.
Reuters
3 hours ago
Reminder: HKEX Market Closed on Oct 1 for National Day and Oct 7 for Mid-Autumn Festival
Chinese National Day and Mid-Autumn Festival are around the corner. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.The Hong Kong market will be closed on Wednesday, 1st October, 2025 local time for National Day and will be closed...
Tiger News
3 hours ago
Zijin Gold Delays $3.2 Billion IPO as Typhoon Pummels Hong Kong
Zijin Gold International Co. delayed its $3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a standstill and disrupting the company’s ability to take orders for its initial public offering.
Tiger News
3 hours ago
South Korea's drug watchdog to review U.S. Tylenol claim
SEOUL, Sept 24 (Reuters) - South Korea's drug watchdog said on Tuesday it would seek information from relevant companies after a U.S. government announcement on Tylenol, adding that it planned to review opinions and documents they provided. On Monday, President Donald Trump linked autism to chil...
Reuters
3 hours ago
GLOBAL MARKETS-Asian stocks ease after Wall Street's overnight dip
Shares down following declines on Wall Street Fed chair speech provides few clues to tradersSoft US economic data renews growth concernsBy Gregor Stuart Hunter SINGAPORE, Sept 24 (Reuters) - Stocks began the day on the back foot on Wednesday in Asia after declines on Wall Street overnight followi...
Reuters
4 hours ago
Where Will XRP Be in 5 Years?
Key PointsXRP has been on a big winning streak, and ranks as the third-largest cryptocurrency by market cap. The cryptocurrency has seen gains in conjunction with token-specific catalysts and tailwinds for the broader crypto market. XRP's longevity and adoption trends bode well for future performanc...
The Motley Fool
4 hours ago
24H|Lithium Companies Jump as U.S. Proposes Equity Stake; Micron Edges up Afrer Earnings
The Trump administration is seeking an equity stake of as much as 10% in Lithium Americas as it renegotiates terms of the company's $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors, two people familiar with the discussions told Reuters.Lithium Americas sh...
Tiger News
5 hours ago
Stocks break AI-driven rally; Powell's caution tempers U.S. yields
NEW YORK Sept 23 (Reuters) - Wall Street stock indexes broke a three-day string of artificial intelligence-fuelled records on Tuesday, and U.S. Treasury yields slid after Federal Reserve Chair Jerome Powell indicated a cautious approach to the next U.S. interest rate decision.
Reuters
5 hours ago
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