Tag: us

S&P, Dow open flat as Mideast jitters ease, Netflix weighs on Nasdaq

 stock analyst  04/19/2024  0 Comments on S&P, Dow open flat as Mideast jitters ease, Netflix weighs on Nasdaq

The Dow Jones Industrial Average rose 26.60 points, or 0.07%, at the open to 37,801.98.

US stocks edge higher, rebounding ahead of key Netflix earnings

 stock analyst  04/18/2024  0 Comments on US stocks edge higher, rebounding ahead of key Netflix earnings

Investing.com– U.S. stocks edged higher Thursday, rebounding after another negative session as investors digested more quarterly earnings, including from streaming giant Netflix.

Micron set to get $6.1 billion in chip grants from US

 stock analyst  04/18/2024  0 Comments on Micron set to get $6.1 billion in chip grants from US

(Reuters) -Memory chip maker Micron Technology (NASDAQ:MU) is set to receive $6.1 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Senator Chuck Schumer said on Thursday.

US market opens higher as some chip stocks bounce back after selloff

 stock analyst  04/18/2024  0 Comments on US market opens higher as some chip stocks bounce back after selloff

The Dow Jones Industrial Average rose 93.90 points, or 0.25%, at the open to 37,847.21.

Australia stocks higher at close of trade; S&P/ASX 200 up 0.48%

 stock analyst  04/18/2024  0 Comments on Australia stocks higher at close of trade; S&P/ASX 200 up 0.48%

Investing.com – Australia stocks were higher after the close on Thursday, as gains in the Metals & Mining, IT and Materials sectors led shares higher.

Japan stocks higher at close of trade; Nikkei 225 up 0.14%

 stock analyst  04/18/2024  0 Comments on Japan stocks higher at close of trade; Nikkei 225 up 0.14%

Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Transportation Equipment, Pharmaceutical Industry and Marine Transport sectors led shares higher.

Ashmore counters consensus with big bet on China over India

 stock analyst  04/18/2024  0 Comments on Ashmore counters consensus with big bet on China over India

With $6.5 billion invested in emerging equities, the fund has allocated 26% of its EM equity fund to China, while reducing India to less than half that, according to Edward Evans, a London-based EM equities portfolio manager. He cites a divergence in valuations as the main reason for the decision.

Adani bull GQG spends another billion dollars on 6 stocks

 stock analyst  04/18/2024  0 Comments on Adani bull GQG spends another billion dollars on 6 stocks

The latest shareholding pattern shows that GQG\’s ownership rose 202 basis points (bps) from 2.51% in December to 4.53% in the March quarter. In the case of Adani Power, the FII\’s stake rose from 1.33% to 5.2% sequentially.