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Finance News — Page 42

South Korea's NPS Seeks Indian Government Bond Licence

South Korea's NPS Seeks Indian Government Bond Licence

South Korea's National Pension Service, the world's third-largest pension fund with over $1.3 trillion in assets, is in advanced stages of applying for a SEBI licence to invest exclusively in Indian g

Channel News Asia · 17d ago
Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq

Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq

India's National Stock Exchange drew over $10 billion in bids for its $2.3 billion IPO on Monday, pricing the exchange at a P/E ratio of 42.9x — nearly double Nasdaq and Intercontinental Exchange.

CNBC · 17d ago
Taiwan Taiex Hits Record High on Tech Rally

Taiwan Taiex Hits Record High on Tech Rally

Taiwan's Taiex index hit a record intraday high of 48,601.53 on Tuesday, lifted by semiconductor heavyweights TSMC, MediaTek, and Delta Electronics amid an AI-driven global tech rally.

CNBC · 17d ago
Meta's Muse AI Triggers Chip Stock Rally, AMD Hits $1T

Meta's Muse AI Triggers Chip Stock Rally, AMD Hits $1T

Meta's Muse AI agent announcement sparked a broad chip stock rally, lifting Korean chip makers, Intel, and Arm, while Barron's reports AMD reached $1 trillion in market capitalization.

Google News Business · 17d ago
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Meta's Muse AI Agent Lifts Korean Chip Stocks

Tech stocks rose on renewed AI enthusiasm, with Meta's Muse AI Agent specifically driving Korean chip stocks higher, though rising oil prices and bond yields tempered the broader rally.

Google News Business · 17d ago
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SoftBank’s $50bn data centre group slows IPO - Financial Times

SoftBank has slowed the IPO of its $50bn data centre group as Wall Street's skepticism toward the data-center boom deepens and the deal's notable OpenAI exposure adds a twist, according to FT and othe

Google News Business · 17d ago
Bitcoin hits an 8-month high — and sends a clear message about risk appetite right now

Bitcoin hits an 8-month high — and sends a clear message about risk appetite right now

Bitcoin surged above $86,000 on Monday to its highest level since late January, staging a comeback after months of steep declines and coinciding with a broader revival of risk appetite across markets.

MarketWatch · 17d ago
Stocks had a great day on the surface. But something alarming occurred not seen since 1999

Stocks had a great day on the surface. But something alarming occurred not seen since 1999

The Nasdaq set a record and the S&P 500 climbed within 1% of a new high on Monday, yet 30 S&P 500 stocks fell to fresh 52-week lows versus just 7 hitting new highs — a divergence pattern last seen in

CNBC · 17d ago
Meta's Muse AI Sparks Chip Rally; AMD Hits $1T

Meta's Muse AI Sparks Chip Rally; AMD Hits $1T

Meta's newly unveiled Muse AI Agent ignited a broad chip stock rally, pushing AMD past $1 trillion in market value and lifting Intel, Qualcomm, Arm, and Korean chipmakers in unison.

Google News Business · 17d ago
Investors discover their new favorite consumer AI play in Meta. Options volume is surging

Investors discover their new favorite consumer AI play in Meta. Options volume is surging

Meta shares jumped 12% Monday as options traders piled in at roughly 4.5 times normal volume, treating the two-week-old Muse AI assistant as Wall Street's next marquee consumer AI play.

CNBC · 17d ago
Nasdaq Hits Record as Oil Drops, Yields Fall

Nasdaq Hits Record as Oil Drops, Yields Fall

Tech stocks powered a broad rally as the Nasdaq closed at a record high, with the S&P 500 close behind on falling oil prices and cooling bond yields.

Google News Business · 17d ago
Wendy's franchisee behind 314 US locations files for bankruptcy

Wendy's franchisee behind 314 US locations files for bankruptcy

A major Wendy's franchisee operating 314 US restaurant locations has filed for bankruptcy protection, with one outlet reporting the operator blames weak marketing and rising beef costs.

Google News Business · 18d ago
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Zuckerberg Adds $25 Billion To Fortune In Single Day—Here’s Why - Forbes

Meta stock surged 11% in a single session, adding $25 billion to Mark Zuckerberg's personal fortune, as analysts raised price targets and traders piled in following strong Muse AI download numbers.

Google News Business · 18d ago
AMD Crosses $1 Trillion Market Cap on AI Rally

AMD Crosses $1 Trillion Market Cap on AI Rally

AMD crossed $1 trillion in market capitalization for the first time, joining an elite club as chipmakers rallied on AI-driven demand and broader markets climbed on falling oil.

Google News Business · 18d ago
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Micron Beats Market as Chip Supply Lags Demand

Micron beat the broader market's upswing and rallied as memory-chip supply failed to keep pace with demand, even as one analyst labeled the stock 'likely dead money from here.'

Google News Business · 18d ago
Meta Stock Jumps 10% on AI Momentum

Meta Stock Jumps 10% on AI Momentum

Meta stock surged roughly 10% in a single session on AI-driven enthusiasm, with an analyst price target increase and growing buzz around Muse AI downloads cited as catalysts, adding an estimated $25 b

Google News Business · 18d ago
Micron Stock Rises as Memory Supply Tightens

Micron Stock Rises as Memory Supply Tightens

Micron heads into its biggest earnings test of the AI memory cycle as multiple outlets frame tightening memory-chip supply and booming demand as potential catalysts for significant stock upside.

Google News Business · 18d ago
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Micron Stock Pops on Memory-Chip Supply Shortage

Micron's stock rose as memory-chip demand outstrips supply, with at least one Wall Street analyst projecting roughly 110% upside and another suggesting the shares could double.

Google News Business · 18d ago
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Wall Street Sees 110%+ Upside for Micron Stock

Multiple Wall Street analysts are making bullish calls on Micron stock, with one projecting 110% upside and another saying it 'could easily double' ahead of the company's Sept. 30 catalyst.

Google News Business · 18d ago
Long-Duration Funds Yield 7.8% as Bond Yields Hit 7.07%

Long-Duration Funds Yield 7.8% as Bond Yields Hit 7.07%

As India's 10-year bond yield climbs to ~7.07% and long-duration debt funds advertise 7.5-7.8% running yields, one wealth expert warns further rate hikes could trigger mark-to-market losses, steering

Mint · recently

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