SanDisk stock price has slumped into a bear market after falling by 33% from its highest point this year. It dropped to $1,610, mirroring the performance of other memory and semiconductor companies. Still, despite this retreat, analysts are highly optimistic about the company ahead of its earnings release on August 13. Top analysts are bullish
One of South Korea’s most closely watched legal battles has ended with a record divorce settlement, but the implications stretch well beyond the personal lives of SK Group chairman Chey Tae-won and his former wife Roh Soh-yeong. The ruling has renewed attention on the ownership of one of Asia’s most valuable technology groups at a
US stocks opened mixed on Friday, recovering modestly after Wall Street’s sharp selloff in the previous session, as investors assessed fresh corporate earnings, easing oil prices, escalating geopolitical tensions in the Middle East, and new tariffs announced by the Trump administration. The Dow Jones Industrial Average rose about 40 points, while the S&P 500 gained
Spot gold and silver prices moved higher ahead of the North American market open on Friday. Precious metals steadied after Thursday’s selloff. Traders assessed a stronger signal from the US labor market. They also weighed the European Central Bank’s decision to hold interest rates, elevated crude oil prices and firm US Treasury yields. At the
Bitcoin traded near $64,900 on Friday after another eventful week for the cryptocurrency market. BTC’s price remained close to the $65,000 mark amid corporate selling, fresh signs of stress in the mining sector, and a major options expiry. Treasury companies face tightening financing conditions One of the biggest themes influencing Bitcoin this week has been
The United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South Korea, marking the first major step by President Donald Trump’s administration to rebuild its global tariff regime after the US Supreme Court struck down his previous reciprocal
Tesla stock (NASDAQ: TSLA) sank more than 4% in after-hours trading after second-quarter results exposed the mounting cost of Elon Musk’s push into artificial intelligence, autonomous taxis and humanoid robots. Revenue rose 26% to $28.24 billion, beating Tesla’s company-compiled consensus of $27.58 billion. Adjusted earnings were 33 cents a share, missing the 55-cent consensus. Capital
Asian stocks rose on Thursday as investors looked past mixed reactions to US technology earnings and focused on the scale of spending still flowing into artificial-intelligence infrastructure. South Korea’s Kospi gained more than 3%, led by SK Hynix and Samsung Electronics, while Japan’s Nikkei 225 advanced about 1%. MSCI’s Asia-Pacific index outside Japan also added
Crude oil prices surged on July 23, climbing to their highest level since June 8 as the Middle East crisis intensified, prompting analysts to warn that the rally may be far from over. Brent crude, the global benchmark, rose to $96.16, up 37% from its June low. Meanwhile, West Texas Intermediate (WTI) climbed toward the
The Nikkei 225 Index rose modestly as traders bought the recent dip and as the Japanese yen continued declining against the US dollar. It was trading at 66,550, up by 6.30% from its lowest point this month. Japanese yen and government bonds slip The Nikkei 225 Index rose a bit as investors reacted to the