Stocks Category

Topix and Nikkei Hit Record Highs in Japan Stock Rally Japan’s Topix stock index surged past its bubble-era peak to reach a record high, signaling a broad-based rally beyond just a few stocks. The benchmark index rose as much as 0.6% to 2,890.52, exceeding the previous intraday record set in December 1989. Most of the

Asian Shares and US Futures Fall on Tech Losses Asian shares fell alongside European and US stock-index futures after Micron Technology Inc.’s sales outlook missed the highest forecasts, impacting major tech companies in late Wall Street trading. Stocks in Japan, Hong Kong, South Korea, and China all declined, pushing the MSCI Asia Pacific gauge toward

Asian Stocks Climb Following Wall Street, Nvidia Falls Amid Cooling AI Hype Asian stocks experienced a rise on Tuesday, even as mixed results were observed on Wall Street, primarily due to a further decline in Nvidia amid cooling enthusiasm for artificial intelligence (AI) stocks. Despite the fall of this tech giant, the majority of U.S.

Amid an unprecedented boom in bond issuance as borrowing costs plummet to record lows, a state-owned Chinese firm is contemplating an unprecedented offering of a 50-year note. This potential issuance would mark the nation’s longest corporate debt tenor if it comes to fruition. Wuxi Industry Development Group Co., which is owned by the Wuxi city

Nvidia Overtakes Apple in $71 Billion ETF Reshuffle One of the most significant technology ETFs, the $71 billion Technology Select Sector SPDR Fund (XLK), managed by State Street Global Advisors, is expected to undergo a major rebalancing that will significantly increase its exposure to Nvidia Corp. (NVDA) at the expense of Apple Inc. (AAPL). This