Texas Stock Exchange is now operational to compete with NYSE and Nasdaq

Texas Stock Exchange is now operational to compete with NYSE and Nasdaq

Texas Stock Exchange Launches, Aiming to Compete with Major Markets The Texas Stock Exchange made its official debut on Friday, launching trading across all listed tickers for the first time. Based in Dallas, this marks the first major stock exchange opening in the U.S. in several decades. Known as “Tex-ee,” the TXSE is gearing up […]

Meta stock drops 10% as Mark Zuckerberg’s AI investments surprise Wall Street

Meta stock drops 10% as Mark Zuckerberg's AI investments surprise Wall Street

Meta’s Financial Update Metaplatforms announced a striking 91% decline in free cash flow for the second quarter, reflecting the financial pressure of investing heavily in AI development, all amidst uncertain outcomes. The parent company of Facebook reported a free cash flow of $784 million for the second quarter ending June 30, a significant drop from […]

South Korea’s Kospi stock index declines by almost 7%, and most other Asian stocks are down too.

South Korea's Kospi stock index declines by almost 7%, and most other Asian stocks are down too.

Asian Stock Markets Show Divergent Trends TOKYO — Asian stock markets experienced a mixed performance, highlighted by South Korea’s Kospi index dropping 6% on Wednesday amid skepticism regarding significant investments in the region. Investors offloaded semiconductor stocks once again. U.S. futures remained relatively stable. The recent decline in Seoul was largely due to a substantial […]

Japan’s Yen remains steady during a regional stock market decline

USD/JPY Price Outlook: Continues upward trend approaching 162.70 as US bond yields rise

The yen hovered below 164.00 on Tuesday, marking a slight decline for the day. However, it remained above 163.50, with fluctuations limited to about 30 pips, just shy of the significant cyclical low. This low is noteworthy as it’s the lowest the dollar has dipped in 40 years, and it has struggled to drop further […]

Midday stock movements to watch: Boeing, Amkor, Corning, Sandisk, Iqvia, and others.

Midday stock movements to watch: Boeing, Amkor, Corning, Sandisk, Iqvia, and others.

Here’s a look at some companies making waves in intraday trading today. Boeing’s stock saw a rise of about 5% after its second-quarter revenue marginally exceeded expectations. The revenue came in at $24.56 billion, surpassing the consensus estimate of $24.25 billion. However, the adjusted loss was 76 cents per share, which was worse than the […]

Jim Cramer’s key 10 topics to observe in the stock market on Tuesday

Jim Cramer's key 10 topics to observe in the stock market on Tuesday

Top Market Insights for Tuesday, July 28 1. Chip stocks are facing challenges as South Korea’s key Kospi Index dropped nearly 11% overnight. SK Hynix’s shares fell by 4% in the U.S., which pulled down other semiconductor companies with it. There’s a bit of a market split; while SK Hynix is down (not great), crude […]