Pre-Bell | Trump Media Stock Soars 20%; Crypto Shares, Chinese ADRs Shine
U.S. stock index futures were little changed on Tuesday as investors prepared for a bevy of corporate results, most notably from Alphabet $(GOOGL)$ to gauge the strength of the technology sector.Marke
SG Morning Call | Singapore Stocks Opened Higher on Thursday; SIA Rose 1.3% After Record Profit
Stocks to WatchSingapore Airlines (SIA): The national carrier is said to be rewarding eligible employees with a profit-sharing bonus of 7.94 months for FY2024, following the group’s record earnings, T
The price of the primary cryptocurrency slightly increased after the US Bureau of Labor Statistics released the latest Consumer Price Index data. It spiked to aove $64,000, witnessing a 5% surge on a 24-hour scale.Crypto stocks climbed in morning trading. Canaan rose 11%; Bitfarms, The9 and MicroStrategy rose 7%; Coinbase rose 5%; Marathon Digital and Bitcoin Depot rose 4%; Riot Platforms and Block rose 2%.
Semiconductor Shares Rallied in Morning Trading, With Micron Rising 5%
Semiconductor shares rallied in morning trading.Micron rose 5%; Arm Holdings rose 4.5%; Nvidia, AMD rose about 3%; Marvell, Broadcom rose over 1%.Baird analyst Tristan Gerra upgrading $Micron Technology$’s stock. He admitted the call is “a bit late” but noted that Micron shares have pulled back recently — they’re down just over 10% from their record-high close in early April.“We see meaningful upside opportunities ahead for Micronnotably given the stock’s recent pullback, in discrepancy with inc