South Korea’s Kospi Index pulled back modestly on Monday, even as a risk-on sentiment spread in the financial market. It dropped to 6,650, down sharply from the year-to-date high of 9,387 as traders focused on the upcoming Samsung Electronics and SK Hynix earnings. Samsung stock drops despite a $200 billion order Samsung Electronics, the biggest
Silver surged towards $60 an ounce on Monday as a sharp retreat in oil prices gave precious-metals traders a reason to look beyond the immediate geopolitical risk and refocus on interest rates. Spot silver climbed 2.8% to $59.81 in early Asian trading, extending a broader metals rally as gold moved above $4,100. The move followed
The Nikkei 225 Index tilted upwards on Monday, even as top technology stocks declined. It rose by 27 basis points to 64,780, up a bit from this month’s low of 62,646. This article highlights some of the most important catalysts that will drive Japanese stocks this week. Top Nikkei 225 companies will publish their earnings
PUMP price has climbed nearly 10% over the past 24 hours as traders have responded to Pump.fun’s new BOOST mechanism, with technical indicators now pointing to the next resistance zone around $0.00215–$0.00224. According to CoinGecko data, Pump.fun’s native token traded around $0.0020 on Monday after gaining about 9.2% over the previous 24 hours. The rally
AAVE has returned above $100 after gaining nearly 12% in the past week, putting the token at a technical crossroads as multiple fundamental catalysts continue to support buying demand. CoinGecko data showed the decentralised finance token trading near $100.52 at the time of writing, up 8.7% over 24 hours and 11.8% across seven days. AAVE
Nvidia’s expanded partnership with SK Hynix has given investors a reason to look for a breakout, although the agreement has not yet produced a measurable market reaction. NVDA closed Friday at $206.84, down 0.92%, before details of the SK Group initiative were absorbed. Nvidia already dominates AI accelerators, but its processors cannot be delivered as
Shares of South Korea’s Naver Corp rose 8% on Monday after the internet company announced that Nvidia Corporation will acquire $1 billion of newly issued shares. The investment is part of a partnership between the companies to develop an artificial intelligence data center. At the time of writing Naver shares were up 8.43%. They reached
European shares climbed nearly 1% on Monday as a pause in US-Iran hostilities over the weekend pushed oil prices lower. The move also improved risk appetite across financial markets. Investors were also preparing for a closely watched week of corporate earnings from major US technology companies. The pan-European STOXX 600 index was up 0.8%. The
Micron faces a longer-term competitive challenge after CXMT’s Shanghai debut gave the Chinese memory-chip maker access to billions that could fund a rapid expansion in conventional DRAM. MU closed at $920.95 on Friday, down 6.9%, before CXMT started trading on Monday. CXMT opened 470% higher at 49.50 yuan, against an IPO price of 8.66 yuan,
Financial markets turned risk-positive at the beginning of the new week as investors reacted positively to news that the United States and Iran had halted strikes. The development improved market sentiment and prompted a broad move toward riskier assets. Investors also turned their attention to a busy economic and central bank calendar, with several key