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GLOBAL MARKETS-Asia markets rise on better AI sentiment, Trump speech awaited
By Scott Murdoch SYDNEY, Feb 25 (Reuters) - Asia's financial markets were higher on Wednesday with Korean chipmakers leading gains, as investors double down on what they see as the safest bet on artificial intelligence (AI), while the yen remained in focus.Investors rocked by volatility in re...
Reuters
8 minutes ago
ETF Daily | CIFG Soars 26%; WULX Surges 23%; SOXL Gains 4%; DAMD Sinks 17%; Semis Lead Risk-On Rotation
Market OverviewU.S. stocks advanced on Tuesday, with the S&P 500 adding 0.77% and the Nasdaq Composite firming 1.04%, while the Dow Jones Industrial Average increased 0.76%, keeping major indices near record territory.Across ETFs, flows tilted decisively toward growth and cyclicals; equity index and...
Tiger News
12 minutes ago
Some HK AI App Stocks Tumbled. MiniMax Down 16%; Knowledge Atlas Down 8%; Haizhi Tech Down 7%
Some HK AI App Stocks Tumbled. MiniMax down 16%; Knowledge Atlas down 8%; Haizhi Tech down 7%.
Tiger News
18 minutes ago
HK Electrical Components & Equipment Stocks Rally. Boer Power Up 9%; Time Intercon Up 6%; CNGR Up 4%; Leach And JLMag Up 3%
HK electrical components & equipment stocks rally. Boer Power up 9%; Time Intercon up 6%; CNGR up 4%; Leach and JLMag up 3%.
Tiger News
33 minutes ago
Warner Bros reopens door to Paramount, putting Netflix deal in doubt
Paramount's new bid is for $31 per shareNetflix will have a chance to match Paramount's offerActivist investor Ancora Holdings has pressured Warner Bros, criticized Netflix dealBy Dawn Chmielewski Feb 24 (Reuters) - Warner Bros Discovery WBD.O opened the door on Tuesday to Paramount Skyda...
Reuters
33 minutes ago
24H | Axon Enterprise Surges 16%; CAVA Group Jumps 9%; Lucid Falls 4%; HP Drops 5%; First Solar Sinks 12%
Taser-maker Axon Enterprise beat Wall Street estimates for fourth-quarter profit, driven by strong demand for its security devices and software products. Shares of the Arizona-based company were up 15.7% in overnight trading.CAVA Group forecast annual same-store sales above Wall Street estimates, be...
Tiger News
39 minutes ago
24H|Crypto Stocks Jump As Bitcoin Rises Above $66,000; Upexi up 8%; Canaan up 5%; BMNR up 4%; Circle, Strategy, Coinbase up 3%
Crypto stocks jumped in overnight trading as Bitcoin rose above $66,000 and Ethereum rose to $1,913.Upexi up 8%; Canaan up 5%; BMNR up 4%; Circle, Strategy, Coinbase up 3%; SBET, Robinhood up 2%.
Tiger News
41 minutes ago
Axon Enterprise Jumps 16% on Q4 Results, Upbeat Guidance
Axon Enterprise, Inc. shares rose 16% in overnight trading after the maker of tasers and body cameras reported quarterly results that topped Wall Street expectations and issued a 2026 outlook calling for 27% to 30% revenue growth.Fourth-quarter revenue was $797 million, up 39% from a year earlier a...
Tiger News
an hour ago
Newmark Appoints Shanting Wong as Head of Research in Singapore
SINGAPORE, Feb. 25, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the appoin...
PR Newswire
an hour ago
MercadoLibre misses quarterly profit estimates but revenue exceeds expectations
Profit decline due to credit and logistics investments, says VPRevenue boosted by Brazil and Mexico, up 45% year-on-yearShares down over 6% after positive initial reaction SAO PAULO, Feb 24 (Reuters) - MercadoLibre MELI.O on Tuesday posted a 12.5% decline in quarterly profit, missing analysts'...
Reuters
an hour ago
HP reckons memory chip crunch will linger next year, warns of PC sales slump
HP does not expect immediate impact from new tariffsExpects double-digit decline in PC unit shipments in 2026Company upbeat on AI-powered PCsBy Jaspreet Singh Feb 24 (Reuters) - HP Inc HPQ.N said on Tuesday it expected volatility in memory chips to persist even into next year and forecast a slump...
Reuters
2 hours ago
Japan's Nikkei share average sets record high as AI disruption fear eased
TOKYO, Feb 25 (Reuters) - Japan's Nikkei share price average set a record high on Wednesday as investor apprehension over artificial intelligence disruption eased while the yen weakened.The benchmark Nikkei 225 index .N225 rose 1.1% to 57,956.92 in early trade after touching an intraday peak of ...
Reuters
2 hours ago
RPT-ROI-Squaring 'Sell America' with record foreign inflows: McGeever
By Jamie McGeever ORLANDO, Florida, Feb 24 (Reuters) - With the fog of uncertainty around U.S. President Donald Trump's tariffs suddenly thickening again, foreign investors' appetite for U.S. assets is under renewed scrutiny. Yet capital from overseas keeps flowing into U.S. markets at a ...
Reuters
2 hours ago
Post-Bell | Nasdaq Rises 1%; Software Stocks Rise with Figma up 11%; AMD Soars 9%; TSMC Jumps 4%; Tesla, Apple up 2%; SanDisk Drops 4%
01 Stock MarketWall Street closed higher on Tuesday, with tech stocks leading the charge as renewed enthusiasm for artificial intelligence offset concerns over potential disruptions caused by the nascent technology.Speculation regarding AI's possible impact on a wide variety of sectors has prompted ...
Tiger News
2 hours ago
Lucid sees slower 2026 production growth as fear of supply-chain snags lingers
Lucid expects to produce 25,000-27,000 vehicles in 2026 vs 17,840 in 2025Production of midsize platform to start in Saudi Arabia — CEOSupply-chain disruption led to bigger-than-expected Q4 loss2026 capex projected between $1.2 bln and $1.4 bln By Abhirup Roy and Jaspreet Singh Feb 24 (Reuters) - ...
Reuters
2 hours ago
Art Technology Acquisition Announces The Separate Trading Of Its Class A Ordinary Shares And Warrants
Feb 24 (Reuters) - Art Technology Acquisition Corp ARTCU.O:ART TECHNOLOGY ACQUISITION CORP. ANNOUNCES THE SEPARATE TRADING OF ITS CLASS A ORDINARY SHARES AND WARRANTS, COMMENCING FEBRUARY 27, 2026ART TECHNOLOGY ACQUISITION CORP: CLASS A ORDINARY SHARES & WARRANTS WILL TRADE ON NASDAQ GLOBAL MARK...
Reuters
3 hours ago
Investors look for signs of bottom in software rout after Anthropic announcement
Anthropic partners with companies for AI tools in investment banking, HRSoftware stocks rise after Anthropic announcement, trimming recent declinesMarket views AI disruption as long-term, not immediate, analyst says Feb 24 (Reuters) - Investors were looking anew for signs of a bottom in beleague...
Reuters
3 hours ago
Workday forecasts 2027 subscription revenue below estimates, shares fall
Feb 24 (Reuters) - Workday WDAY.O on Tuesday forecast fiscal 2027 subscription revenue below Wall Street estimates, signaling slower new client wins as corporations scrutinize large software purchases amid economic uncertainty. Shares of the enterprise software maker fell more than 8% in extended...
Reuters
3 hours ago
Boston Beer down after decline in quarterly revenue, hurt by tariff impact
Shares of Sam Adams-owner Boston Beer SAM.N down 1.6% at $223.80 after the bellCo reports decline in quarterly sales from last year hurt by increased inflationary, tariff costs and shortfall feesReports Q4 net revenue of $385.7 million, a 4.1% decline YoYQuarterly gross margin of 43.5% includes $13....
Reuters
4 hours ago
CoStar's quarterly results forecast fails to impress investors, shares fall
Feb 24 (Reuters) - CoStar Group CSGP.O forecast first-quarter profit and revenue below Wall Street expectations on Tuesday, as broader economic uncertainty weighed on demand across its commercial property platforms.Shares of the Arlington, Virginia-based company were down over 4% in extended trading...
Reuters
4 hours ago
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