The signs of a mania in Asia are even worse than you think.For instance, the CSOP SK Hynix Daily 2x Leveraged ETF was launched in Hong Kong in October. It's now...
The S&P 500 and Nasdaq are both now negative on the day as technology and computer chips in particular sag.The fear is that Micron will report some sort of ...
A year ago, when Micron reported Q3 FY2025 results, it posted revenue of $9.30B and non-GAAP EPS of $1.91 per share. The stock was trading around ~$120-130/shar...
There was a sense of "how far will this selloff run" as tech shares in the US stumbled yesterday. Memory chipmakers bore the brunt of the selloff as both Micron...
It was a rough day in the stock market as a selloff in South Korea left that market down 9.9% and raised concerns about the ongoing mania in chip stocks, partic...
Shares of Wendy's are down 78% from the June 2021 peak and it's now valued at 0.6% of McDonald's by market cap. It was once right in the race for fast food domi...
Taiwan's stock market has doubled in the past year and it's led to an incredible retail frenzy.Bloomberg today writes about the market, which could be a stand-i...
Cruise ship demand is a good proxy for economic comfort and a way to gauge the impact of the war in Iran on consumer behaviour. Carnival also sits on the lower-...
There are two categories of stocks in the AI boom: 1) The innovators2) The incidentalsThe innovators are the companies that created artificial intelligence. Tho...
It wasn't a good day for tech shares as we saw more of a rotation play in Wall Street to start the week. The S&P 500 closed down by 0.4%, despite seeing 7 o...
US safety regulator NHTSA has opened a special crash investigation into a fatal Tesla Model 3 incident near Houston, where a driver using an assistance system s...
The NASDAQ index fell sharply with a decline of -1.32%. Some big names including Alphabet (-5.02%), Microsoft (-3.18%), Amazon (-4.75%), Netflix (-5.82%) all fe...