Dow gains 160 points as chip selloff drags Nasdaq ahead of earnings season
Dow Jones opened higher on Tuesday even as the Nasdaq came under pressure from another broad selloff in semiconductor stocks, highlighting a divergence
Business
Business
SanDisk stock drops as Samsung-led chip selloff hits memory sector
Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to
Business
KuCoin partners with UAE Team Emirates–XRG ahead of 2026 Tour de France
KuCoin, a cryptocurrency exchange, has announced a partnership with UAE Team Emirates–XRG, a professional cycling team. The partnership will make its public debut
Stocks
Bitcoin ETF Outflows Stretch to 8 Weeks: Are Bears Tightening Their Grip?
Bitcoin ETFs saw $526.64 million in net outflows. BTC is currently trading at around the $63.1K mark. U.S. spot Bitcoin ETFs have posted
Investing
NZD/USD forecast: bearish signals emerge ahead of RBNZ decision
The NZD/USD exchange rate pulled back a bit on Tuesday, reacting to more weak US macro data, and as traders refocused on the
Investing
Markets stay cautious as Middle East developments and Fed signals hold focus
Markets remained cautious on Tuesday as investors closely monitored developments in the Middle East while awaiting fresh economic data from the United States.
Economy
Dow tops 53,000 as S&P 500, Nasdaq gain on AI chip rally
The Dow Jones Industrial Average briefly climbed above the 53,000 mark for the first time on Monday, while the S&P 500 and Nasdaq
Economy
Samsung stock plunges 8% despite record Q2 profit outlook: what’s worrying investors
Samsung stock plunged over 8% on Tuesday even after the company flagged what could be its most profitable quarter ever. The shares fell
Economy
Oil rises as tanker fire near Hormuz offsets bearish Saudi supply signal
Oil prices edged higher on Tuesday as a tanker fire near the Strait of Hormuz revived geopolitical nerves, offsetting another wave of bearish
Economy
Kospi tumbles as Asian markets ask if Samsung’s AI boom is priced in
Asia’s chip rally finally met a stronger earnings number it could not celebrate. Samsung Electronics delivered a forecast that would normally electrify the