What’s behind Apple’s strong iPhone growth in China market?
Apple recorded a robust 20% increase in iPhone shipments in China during the first quarter, outperforming the wider market, as per Counterpoint Research data, cited in a Reuters report. The…
London’s FTSE 100 dips as utilities and miners drag index
The UK’s benchmark FTSE 100 index slipped on Friday, pressured by declines in utilities and mining stocks. The index was also on track to break its three-week winning streak.The FTSE…
Dow futures climb 175 points: 5 things to know before market opens
US stock futures edged higher on Friday as investors headed into the final session of the week hoping the worst of the Middle East shock may be passing, even if…
Is the S&P 500 surge built on conditioning, plumbing, and illusion?
We are in the middle of the largest oil supply shock in history. A war is still raging. Consumer confidence is at record lows. But somehow, the S&P 500 is…
Wall Street banks ride trading boom, but flag risks to deals and growth
Global financial markets were jolted by a volatile first quarter shaped by geopolitical tensions, energy shocks and shifting expectations around artificial intelligence — a backdrop that delivered a windfall for…
US stocks extend rally as earnings season unfolds
Investors are turning their attention to a busy week of corporate earnings, as US stock markets stage a sharp rebound and climb to record levels despite lingering geopolitical concerns.Hopes of…
Hedge fund equity inflows hit $86B as Iran tensions ease
Systematic hedge funds have ramped up their equity exposure at an unprecedented pace, adding $86 billion worth of stocks over the last five trading sessions, according to a Goldman Sachs…
Dow Jones jumps 680 points as ceasefire hopes fuel stock rally
US stocks rose on Friday, extending a recent rally, as investors welcomed fresh signs of de-escalation in the Middle East conflict and improving prospects for a ceasefire.The Dow Jones Industrial…
Netflix stock slumps 10%: why analysts see a buying opportunity
Shares of Netflix tumbled on Friday after the streaming giant issued weaker-than-expected guidance for the current quarter, overshadowing a strong first-quarter earnings beat and triggering a sharp selloff in premarket…
Tesla stock continues to rally ahead of earnings: what’s driving the rebound?
Shares of Tesla advanced in early trading on Friday, putting the stock on track to end an extended losing streak as investor sentiment improved ahead of earnings and on easing…