Hang Seng jumps as healthcare and biotech stocks rally despite weak China GDP data
The Hang Seng Index jumped to its highest level since June 15, even after China published a weak macro report. It soared to 24,692, up by 9.7% from its lowest…
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Category: Investing
Kospi Index rebounds as Samsung and SK Hynix rally: is the tide finally turning?
The Kospi Index continued its strong recovery as technology companies like Samsung and SK Hynix soared. It jumped to 7,377, up by 15% from its lowest point this month. Still,…
Xiaomi stock at risk as phone market share slips while Samsung, Apple gain ground
Xiaomi stock retreated for two consecutive days after a report confirmed that the company was losing market share in the smartphone industry. It slipped to H$25.82 in Hong Kong, a…
Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley
Morgan Stanley has identified three stocks that could outperform as the second-quarter earnings season gets underway. The Wall Street bank highlighted GE Vernova (NYSE: GEV), Lam Research (NASDAQ: LRCX), and…
Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?
Lucid Group stock is attempting to rebound today, July 15, after plunging more than 40% in the previous session. LCID rose by about 2% in premarket trading to $4.73, recovering…
Planet Labs dives as space stocks reverse after the SpaceX IPO: buy the dip?
Planet Labs stock continued its strong downward trend last week, reaching its lowest level since March 19. PL has dropped by 50% from its highest point this year, with the…
Shell, BP, and other energy stocks jump as crude oil prices rebound
BP and Shell shares have staged a strong comeback this week, helped by rising crude oil prices. BP jumped to 505p, its highest point since June 22, and 12.2% above…
Here’s why Nio stock is pumping in the premarket today
Nio stock has pulled back sharply in the past two months, moving from a high of $6.98 in May to a low of $4.66. It has stabilized recently, rising to…
Figma stock forms a rare double-bottom pattern: is a rebound coming?
Figma stock has staged a modest comeback in the past few days, moving from a record low of $16.80 to the current $23.65. This rebound may continue in the coming…