Hong Kong’s Hang Seng Index is underperforming its global peers this year as most Chinese technology giants struggle. It has dropped by over 8.4% from its highest point this year, while most indices like the Hang Seng, S&P 500, and the Dow Jones are hovering at their record highs. Hang Seng Index lags as top
Brent crude oil price retreated for three consecutive days as traders watched the ongoing negotiations between the US and Iran. It also slipped after the United Arab Emirates (UAE) confirmed that its new oil pipeline was 70% complete. It dropped to $104.25, down by 13% from its highest point this year. UAE oil pipeline 70%
Top AI tokens in the crypto industry are in a strong rally today, May 22nd, with Near Protocol, Worldcoin (WLD), Venice Token (VVV), Artificial Superintelligence Alliance (FET), and Internet Computer (ICP) being the top gainers. Their rally happened even as the broad crypto market pulled back amid the waning demand in Wall Street. Top AI
The FTSE 100 Index did relatively well this week, rising for four consecutive days and reaching its highest point since May 6 this year. It rose to £10,445 on Thursday, up slightly from the key support of £10,160. So, will the index continue rising as UK gilt yields drop? UK released mixed macro data this
Lenovo Group stock price went parabolic today, reaching its highest point on record as its artificial intelligence business fueled its growth momentum. It jumped to $15.72 in Hong Kong, up by 85% from its lowest point this year, making it the best gainer in the Hang Seng Index this year. Lenovo Group revenue surges amid
Workday (NASDAQ: WDAY) stock price surged by over 10% in the pre-market session as investors bought the dip following its better-than-estimated results. It rose to $136, modestly higher than the year-to-date low of $110. Workday stock is soaring after earnings report WDAY stock has been under pressure in the past few years, moving from a
Plug Power stock price jumped by over 14% on Thurday, paring back some of the losses made in the past two weeks. It jumped to $3.78, a few points below the year-to-date high of $4.10. This rally happened as Bloom Energy boosted sentiment in the industry. Plug Power stock jumped as Bloom surged The main
The Nikkei 225 Index surged by over 3.5% today, May 21, its best day in weeks, helped by numerous catalysts, including the potential US-Iran deal, foreign buying of Japanese stocks, and the soaring Softbank stock. It jumped to ¥61,940, higher than this week’s low of ¥59,460. Nikkei 225 Index is rising amid a soaring Softbank
The Indian rupee rose slightly on Thursday after reports that the country’s central bank was considering all options, including hiking interest rates amid the slump. The USD/INR pair retreated to 96.4050, a few points below the record high of 96.97. RBI considers rate hikes and interventions The Reserve Bank of India has come under intense
BT Group share price slipped and then pared back those losses after the telecommunications company published results of the last financial year. It dropped to 222p, down sharply from 6.95% from its highest point this year. So, is it safe to buy the dip? BT Group published its annual results today BT Group, the biggest