Brown Brothers Harriman’s (BBH) Elias Haddad reports that USD/CNH is falling toward support at its June multi-year low as broad Dollar weakness combines with China’s stronger-than-expected trade surplus, driven by AI-related exports and semiconductor imports.
@media (max-width: 768px) { .image-container { width: 100% !important; float: none !important; m
Shopify Inc (SHOP) moved up by 5.40%. The Software & IT Services sector is up by 2.86%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSFT) down 0.13%;
KLA Corp (KLAC) moved up by 6.27%. The Technology Equipment sector is up by 1.07%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU) up 2.12%; N
Applied Materials Inc (AMAT) moved up by 5.85%. The Technology Equipment sector is up by 1.07%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU
ASML Holding NV (ASML) moved up by 4.18%. The Technology Equipment sector is up by 1.07%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU) up 2
Amphenol Corp (APH) moved up by 6.87%. The Technology Equipment sector is up by 1.07%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU) up 2.12
Tradingkey - On June 9, media reports cited White House officials stating that negotiations on the nuclear issue are achieving positive results. Impacted by this news, the two major crude oil futures
Key PointsMicron has seen its value soar past $1 trillion this year, as memory chip shortages drive prices higher.The memory chip earnings cycle is set to peak in early 2028 as mor
Commerzbank’s Charlie Lay explains that Korean authorities announced new measures to support the Korean Won, including tighter oversight of offshore FX derivatives, scrutiny of suspected misconduct, and expanded FX hedging by the National Pension Service via USD forward selling.
Key PointsAfter changing analysts, J.P. Morgan upgraded Tesla on the potential for future opportunities. The stock still trades at a lofty valuation based largely on hopes and drea
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Tuesday as easing tensions in the Middle East support risk-sensitive assets, while the Japanese Yen comes under pressure after Reuters reported that the Bank of Japan (BoJ) is considering pausing its bond-tapering program.
Scotiabank’s Analyst Team describes USD/CAD as little changed near the top of its year-to-date range, with conditions favouring at least a minor Canadian Dollar rebound as risk sentiment improves.
SanDisk Corporation (SNDK) opened up by 4.08%. The Technology Equipment sector is up by 2.84%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU)
Micron Technology Inc (MU) opened up by 3.63%. The Technology Equipment sector is up by 2.84%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU)
ServiceNow Inc (NOW) opened down by 3.39%. The Software & IT Services sector is up by 0.40%. The company underperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSFT) down
Western Digital Corp (WDC) opened up by 3.01%. The Technology Equipment sector is up by 2.84%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU)
Lam Research Corp (LRCX) opened up by 3.99%. The Technology Equipment sector is up by 2.84%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU) u
Key PointsCostco posted strong Q3 earnings and excellent May sales numbers. Investors may view the numbers as inflated because of soaring gas prices. Costco stock may be overvalued
TradingKey - Amid the booming artificial intelligence industry, Nvidia ( NVDA) is undoubtedly the brightest star. The tech giant's market capitalization has surpassed the $5 trillion mark, becoming th
National Bank Canada's (NBC) Stéfane Marion and Kyle Dahms observe that the Euro has softened alongside the broader USD rally, even as Eurozone inflation has reaccelerated and pushed the ECB toward a more hawkish stance.
TradingKey - Recently, following a strong rally in U.S. stocks driven by AI, semiconductors, and mega-cap tech stocks, market divergence is widening significantly. Bank of America ( BAC) recently warn
Key PointsA $2 million nest egg could give you $80,000 a year of income or more if you follow a popular withdrawal convention.Combined with Social Security, your annual retirement
TradingKey - British pharmaceutical giant GlaxoSmithKline ( GSK) announced on June 9 that it would acquire U.S. biotechnology company Nuvalent in an all-cash deal worth $10.6 billion ( NUVL) to bolste
Rabobank's Senior FX Strategist Jane Foley discusses how prospective Bank of Japan (BoJ) policy shifts on JGB purchases and rate hikes could influence the Japanese Yen (JPY).