Wood’s Ark Innovation ETF has dropped more than 10% from its peak in early February, while the Nasdaq 100 Stock Index has climbed up by 12% in the same time frame.
Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick.
Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck.
Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year.
The 2-year and 10-year Treasury yields dropped Tuesday as investors await the legislative voting outcome on the debt ceiling bill.
The Goldman Sachs analysts believe that the Topix index will touch a high of 2200 points in the short term, a level that will come off as a 3% growth from where it is currently pegged.
China has agreed to work with Japan to promote practical cooperation in key economic and trade areas including advancements in the semiconductor industry.
The high demand for AI stocks has raised concerns about a possible bubble, as many investors are pumping funds into AI technologies. However, renowned economist Jeremy Siegel believes it’s not yet time for a bubble.
European stock markets were higher in pre-trade amid impending Congress vote on the proposed US debt ceiling bill.
Despite China’s uneven economic recovery, Deutsche Bank “remains optimistic” about China for the medium to long term.
BTC, ETH, and many other leading altcoins are all showing positive signs in the past few hours.
The suppression of the lira stems from Erdogan’s core idea that economic growth can be hampered by raising interest rates.
Swedish fintech mainstay Klarna cut its Q1 net loss to $120.7 million while boosting operating income by 22% YoY.
The ongoing negotiations surrounding the US debt ceiling have been a key focal point for investors as the June 1 deadline approaches.
Due to a favorable forecast and AI adoption, Nvidia has seen explosive growth and could soon hit the trillion-dollar market cap.