US stock quick picks – Sep 16
Notables Notable Earnings Today: Hightide (Nasdaq: HITI), Immunoprecise Antibodies (Nasdaq: IPA), RF Industries (Nasdaq: RFIL), Vince Holding (NYSE: VNCE). Notable IPOs Today: AA Mission Acquisition Corp. (NYSE: AAM), DT Cloud Star Acquisition Corporation Ordinary Shares (Nasdaq: DTSQ), Kairos Pharma, Ltd. (NYSE American: KAPA), Healthy Choice Wellness Corp. (NYSE American: HCWC), Flewber Global Inc. (NYSE American: FLAI), […]
China gloom vs Wall St vroom
Today’s Market News China opposes US tariff hikes, vows steps to defend its firms’ interests China to open anti-dumping probe on halogenated butyl rubber imports from Canada, Japan, India Japan’s PM hopeful Takaichi warns BOJ against raising rates China’s August coal output up on more power, chemical demand Downbeat China factory output, retail sales […]
US stock quick picks – Sep 12
Stock Market News Consumer prices rose 0.2% in August with core inflation higher than expected – CNBC Meme stock GameStop slumps as revenue drop fans turnaround doubts – Reuters OpenAI in talks to raise funds at $150 bln valuation, Bloomberg News reports – Reuters Health Rounds: Once-weekly insulin from Eli Lilly appears effective as daily injections – Reuters Amazon […]
Asia Morning: Sep 12
Today’s Market News India enforcement agency conducts searches in Axis Mutual Fund front-running case China’s Midea Group to price shares at top of range in Hong Kong listing, sources say Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year Vedanta Resources raises $900 million via dollar bonds Key developments on […]
US stock quick picks – Sep 11
Trends to Watch Nothing to Fear: Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert (CoinDesk) A Messy Departure: Goldman’s Credit-Card Exit Hampered by Lax Lending Standards (Wall Street Journal) Big Week: Two key inflation reports this week will help decide the size of the Fed’s interest rate cut (CNBC) Incomes Climbing: US incomes rose last year […]
Asia Morning – Sep 11
Today’s Market News Nomura sees markets revenue beating goal as brokerage courts hedge funds China’s exports up solidly but slowing imports dim trade outlook Gold holds firm above $2,500 level as US inflation data looms S&P 500, Nasdaq rise, crude slides as CPI awaits South Korea’s financial watchdog chief warns of household debt turning […]
US stock quick picks –
Stock Market News Big Lots files for bankruptcy, will sell assets to buyout firm as it blames high inflation – New York Post Goldman Sachs CEO says trading revenue is heading for a 10% slide in 3Q – Reuters Palantir soars 13% on software vendor’s inclusion in S&P 500 – CNBC Apple iPhone 16 event: Key announcements so […]
China trade could disrupt market calm – Sep 10
Today’s Market News Chinese stock exchanges add Alibaba into Stock Connect Scheme Taiwan exports hit record in August on AI, U.S. reaches record again Chinese car sales fall for fifth straight month Indian e-scooter maker Ather Energy files for $536 mln IPO, source says Rupee may dip on risk aversion; Fed uncertainty persists Key on […]
US stock quick picks – Sep 9
Today’s Markets In Asia, Japan -0.5%. Hong Kong -1.4%. China -1.1%. India +0.4%. In Europe, at midday, London +0.7%. Paris +0.7%. Frankfurt +0.7%. Futures at 7:00, Dow +0.7%. S&P +0.7%. Nasdaq +0.8%. Crude +0.9% to $68.30. Gold flat at $2,524.20. Bitcoin +1.4% to $55,373. Ten-year Treasury Yield +3 bps to 3.75%. Today’s Economic Calendar 10:00 AM Wholesale Inventories (Preliminary) 3:00 PM Consumer Credit What else is happening… SA Asks: Which defense stock is […]
Asia shares dragged by Wall St dive, bonds bullish – Sep 9
Today’s Market News Thailand’s PM Paetongtarn vows to stimulate the economy “right away” China’s central bank pauses gold purchases for a fourth month in August China FX reserves rise to highest level since 2015 in August Japan’s revised GDP likely rose in Q2 at same pace as initial estimate, Reuters poll shows Gold drops from […]
