Stocks News

15.10.2024 - Nvidia's (NVDA) record close on Monday comes as AI hardware stocks continue a recent tear fueled by investor enthusiasm over surging artificial intelligence demand. Nvidia shares are up 8% from last week, pushing the chipmaker closer to unseating Apple (AAPL) as Wall Street's most valuable company. The stock's rally follows recent comments from CEO Jensen Huang and the chipmaker's partners touting an intense need for the company's AI chips. Other AI chip and hardware stocks Arm (ARM), Qualcomm (QCOM), Broadcom (AVGO), Super Micro Computer (SMCI), Astera Labs (ALAB), and Micron (MU) have risen, too, as the companies have given separate indications of strong demand for their products, thanks to the AI boom. TSMC (TSM) stock...

KUALA LUMPUR, 15 Okt (Bernama) -- Bursa Malaysia memulakan dagangan Selasa dengan lebih meningkat, didorong oleh prestasi semalaman saham-saham Amerika Syarikat (AS) yang memberangsangkan, kata penganalisis. Pada 9.06 am, indeks petunjuk utama FTSE Bursa Malaysia KLCI (FBM KLCI) meraih 2.13 mata kepada 1,638.67 daripada 1,636.54 pada akhir dagangan semalam. Indeks penanda aras itu dibuka menokok 2.02 mata pada 1,638.56. Sentimen pasaran hampir tidak berubah dengan kaunter untung mengatasi rugi iaitu 132 berbanding 130 manakala 243 kaunter tidak berubah, sebanyak 1,972 tidak diniagakan dan sembilan lain digantung dagangannya. Jumlah dagangan sebanyak 137.68 juta unit yang bernilai RM81.41 juta. Naib Presiden Ekuiti Rakuten Trade Sdn...

26.04.2024 - Global shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. France's CAC 40 edged up 0.3% in early trading to 8,044.04, while Germany's DAX added 0.8% to 18,052.68. Britain's FTSE 100 rose nearly 0.4% to 8,108.91. U.S. shares were set to drift higher with Dow futures gaining 0.2% to 38,348.00. S&P 500 futures rose 0.8% to 5,121.75. The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it raised the key rate from minus 0.1%, citing signs that inflation had reached the central bank’s target of about 2%. Japan's benchmark Nikkei 225 added 0.8% to 37,934.76, while the U.S. dollar...

28.12.2023 - European stocks hovered around the highest levels since January 2022 and US equity futures edged higher as investors position themselves for Federal Reserve interest-rate cuts next year. Gold traded near a record high struck earlier this month. The Stoxx Europe 600 index was little changed after erasing an early advance in thin holiday trading, on track for a gain of about 13% this year. Oil majors declined as crude prices retreated. Nasdaq 100 futures climbed 0.2% and S&P 500 contracts fluctuated following Wednesday’s gains on Wall Street. Bonds dipped after Wednesday’s strong rally which saw yields on five- to 30-year Treasuries falling at least 10 basis points and Germany’s 10-year yield hitting a fresh 2023 low. The...

27.12.2023 - In less than a week, Wall Street will turn the page on what's been a stellar year for optimists. The 30-component Dow Jones Industrial Average climbed to a record high, while the growth-driven Nasdaq Composite has surged 43% year to date, as of the closing bell on Dec. 22. Though a lot of credit for this rally goes to the "Magnificent Seven," it was an overall strong year for growth stocks. The U.S. economy continuing to chug along, coupled with the prospect of the Federal Reserve reducing interest rates in 2024, has investors incredibly bullish on fast-paced companies as a whole. But no two growth stocks are cut from the same cloth. Based on the consensus price targets of Wall Street analysts, three growth stocks are...

27.12.2023 - You might be a regular customer of Coca-Cola (NYSE: KO), but are you a shareholder as well? If so, you know at least one of the several reasons to own it. If not, here's a rundown of the top four reasons (in no particular order) you might want to become a shareholder sooner rather than later. 1. Its Dividend Pedigree Is Second To None The stock's forward-looking dividend yield of 3.2% is respectable but far from jaw-dropping. You can certainly find higher-yielding stocks. Look beyond the current yield, though. Coca-Cola has paid dividends like clockwork for decades and has raised its payment every year for the past 61 years. And it looks like there's no end in sight for these increases. These aren't pittance...

27.12.2023 - Investors scored big-time on the biggest S&P 500 stocks this year. But those who picked the wrong stocks suffered mightily. Investors lost $462 billion holding just eight stocks dropping the most market value this year, including ailing vaccine maker Pfizer (PFE), struggling oil giant Chevron (CVX) and Johnson & Johnson (JNJ). Each of these stocks shed more than $30 billion apiece just this year — more than any other in the S&P 500, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. Such a division between the losers and winners is stark this year. "This year's excellent S&P 500 returns have been concentrated in just three Big Tech-heavy sectors," said Nick Colas of...

23.11.2023 - Stocks in Europe struggled for traction on Thursday and bonds fell as activity surveys showed a recession in the euro area is looking increasingly likely. S&P Global’s purchasing managers’ index was in contraction again in November, hitting 47.1, data showed. While that’s a bigger uptick than anticipated by economists, it marks the sixth consecutive month below the 50 level that indicates expansion. “It is still too early to become constructive on the euro and eurozone economy, which is now likely experiencing a shallower recession and not the beginning of a period of re-acceleration,” said Simon Harvey, head of FX analysis at Monex Europe. Dutch firms were among the biggest decliners in the Stoxx Europe 600 index after...