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Micron Shares Climb On Strong Q3 Results, Positive Outlook On AI
Shares of Micron Technology Inc. were gaining around 17 percent in the pre-market activity on Nasdaq, after the domestic chipmaker issued positive outlook for the fourth quarter after reporting significantly higher third-quarter results amid the soaring demand for artificial intelligence or AI.
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vor 1 Tagen
European Shares Edge Higher Led By Tech Stocks
European stocks traded higher on Thursday as oil prices dropped to levels last seen before the war in the Middle East on easing geopolitical tensions and technology stocks gained following strong forecasts from U.S. chipmakers Micron and Qualcomm.
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vor 1 Tagen
Asian Shares Mixed; Tech Stocks Surge As AI Fears Ease
Asian stocks ended mixed on Thursday, with technology stocks rallying in South Korea and Japan as robust earnings from Micron and Qualcomm helped ease concerns over AI demand, elevated valuations and the sustainability of the artificial-intelligence trade that has pushed global stocks to record highs.
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vor 1 Tagen
German Consumer Confidence To Improve In July: GfK
German consumer sentiment is set to improve in July driven by the moderate rise in income and economic expectations, latest results of the NIM Consumer Climate powered by GfK showed Thursday. The consumer sentiment index rose to -29.2 in July from -29.7 in the previous month. However, the reading was weaker than economists' forecast of -27.8.
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vor 1 Tagen
European Economic News Preview: German Consumer Sentiment Data Due
Consumer sentiment survey results from Germany and France are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey results. The forward-looking consumer sentiment index is seen rising to -27.8 in July from -29.8 in June.
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vor 1 Tagen
European Shares Seen Mixed As Investors Await Key US Data
European stocks are seen opening mixed on Thursday as investors weigh strong guidance from Micron and Qualcomm against expectations of possible Federal Reserve interest-rate hikes this year.
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vor 1 Tagen
Indian Shares Extend Gains As Oil Prices Fall To Pre-war Levels
Indian shares opened on a positive note on Thursday, extending gains from the previous session as crude oil prices fell to their lowest levels since before the Iran conflict, helping ease worries surrounding inflation, interest rates and economic growth.
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vor 1 Tagen
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Australian Market Maintains Early Losses In Mid-market
The Australian market is maintaining its early losses in mid-market moves on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,800k level, with weakness across most sectors led by gold miners, energy and technology stocks.
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vor 1 Tagen
Asian Markets Trade Mostly Higher
Asian markets are mostly higher on Thursday, following the mixed cues from Wall Street overnight, as falling crude oil prices after the reopening of the Strait of Hormuz following the inking of the U.S.-Iran peace agreement helped ease regional tensions and global inflationary pressure. More tankers stranded in the Gulf since the start of the war are beginning to move through the Strait of Hormuz.
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vor 1 Tagen
Indian Shares Seen Higher At Open As Oil Extends Slide
Indian shares look set to open higher on Thursday despite mixed cues from global markets. Global crude oil prices continued to decline following the U.S.-Iran truce, helping ease concerns over imported inflationary pressure.
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vor 1 Tagen
Thai Stock Market May Hand Back Wednesday's Gains
The Thai stock market has finished higher in two of three trading days since the end of the five-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,550-point plateau although it may head south again on Thursday.
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vor 1 Tagen
Japanese Market Sharply Higher
The Japanese market is trading sharply higher on Thursday, reversing the losses in the two previous sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 71,050 level, with gains across most sectors led by index heavyweights and technology stocks amid renewed optimism around the artificial intelligence sector.
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vor 1 Tagen
Lower Open Expected For Indonesia Stock Market
The Indonesia stock market has finished lower in three straight sessions, slumping almost 300 points or 4.9 percent along the way. The Jakarta Composite Index now sits just above the 5,880-point plateau and it's likely to see continued selling pressure on Thursday.
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vor 1 Tagen
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