April 23, 2024
stock
April 22, 2024
US stock futures rise after two weeks of bruising losses
Investing.com– U.S. stock index futures rose in evening deals on Sunday, as Wall Street attempted a recovery after clocking two straight weeks of steep losses on a technology rout and waning expectations of interest rate cuts.
April 22, 2024
China state fund pours $41 billion into stock market in Q1, reports show
SHANGHAI (Reuters) – Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion in the first quarter in a bid to shore up the sliding stock market, funds\’ latest quarterly reports show.
April 22, 2024
China sovereign fund injected $41bn into ETFs in Q1 to prop up the stock market
In the first quarter, China\’s sovereign fund, Central Huijin Investment, made significant purchases of blue-chip stocks to support the country\’s faltering stock market, buying over 300 billion yuan ($41.42 billion) worth of exchange-traded funds (ETFs).
April 19, 2024
Shopify stock rating raised at Morgan Stanley
On Friday, Morgan Stanley raised its rating on Shopify (NYSE:SHOP) shares to Overweight from Equal-Weight, accompanied by an increase in the price target to $85 from $74. The firm\’s confidence in Shopify\’s growth durability is bolstered by the company\’s success in capturing more upmarket share and a disciplined approach to headcount management.
April 19, 2024
SMCI stock just dropped 13%. This could be the reason why
Super Micro Computer, Inc. (NASDAQ:SMCI) stock has experienced a notable pullback today, declining by more than 13% from Thursday’s close. This downturn comes amidst broader movements in the semiconductor sector, influenced by recent reports and guidance from key industry players.
April 19, 2024
L'Oreal stock jumps as Q1 sales rise after dermatological beauty outperformance
(Updated – April 19, 2024 6:38 AM EDT)L\’oreal Co. (LRLCY) shares jumped more than 5% after the company revealed a strong rise in quarterly sales.
April 19, 2024
TSMC's soft forecast means that you should avoid this chip stock
Analysts at Citi said in a note this week that the negative results from Taiwan Semi (TSM) and Continental will negatively impact one stock due to its exposure to a certain market.
April 19, 2024
Nestle India's Stock Faces Overvaluation Risks Amid Baby Food Controversy
The share price of Nestle (NS:NEST) India has recently remained in the limelight for the wrong reason. As per reports by the International Baby Food Action Network (IBFAN), Nestle India’s baby food products contain high levels of added sugar, especially in India when the same products in other developed nations such as the United Kingdom, Germany, etc. are sold without any added sugar.
April 19, 2024
Buy weakness in TSMC stock – Needham
Research analysts at Needham & Company encouraged investors to buy the weakness in Taiwan Semiconductor Manufacturing (TSM), saying the sell-off in the stock was “overdone given the solid” earnings report for the fiscal Q1 2024. TSMC stock is still up 27% year-to-date.