Analysis

(Reuters) - Foreigners pulled out of Japanese stocks for a sixth successive week through Sept. 21, due to lingering concerns over a stronger yen and increased caution ahead of the Bank of Japan's monetary policy decision.

Nvidia (NASDAQ: NVDA) has been on a monster run since the start of 2023, but so has peer AMD (NASDAQ: AMD). While AMD is up a respectable 140% since 2023 began, Nvidia has dwarfed its run by rising around 700%.

India equities were higher at the close on Thursday, as gains in the Auto, Metals and Banking sectors propelled shares higher.

(Reuters) - ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors.

SINGAPORE/LONDON (Reuters) - European shares followed Asia higher on Thursday, driven by news of aggressive economic stimulus from China and a fall in oil prices on a report that Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel.

Investors remained bullish on emerging markets, an HSBC (LON:HSBA) survey showed, with Asian currencies being the most preferred asset class in the sector in the face of falling U.S. interest rates and yields. 

Investing.com – U.S. equities were mixed at the close on Wednesday, as gains in the Utilities, Technology and Telecoms sectors propelled shares higher while losses in the Oil&Gas, Healthcare and Basic Materials sectors led shares lower.

At the market open in London, the FTSE 100 Index dropped 0.20%.

Citi hiked its price targets on two Chinese electric vehicle makers, forecasting stronger sales on resilient domestic conditions, despite broader headwinds for the Chinese economy. 

Investing.com -- Bank of America (NYSE:BAC) double-downgraded Triumph Group (NYSE:TGI) to Underperform from Buy, citing concerns about the company's reliance on uncertain production rates from Boeing (NYSE:BA) and Airbus.

Investing.com -- Tesla's (NASDAQ:TSLA) latest version of its Full Self-Driving software is "suspect" and still requires improvement to ensure Robotaxi operations can be safely undertaken, independent automotive research firm AMCI Testing said in a Tuesday statement.   

U.K. equities started mixed on Tuesday, with rises in Industrial Metals & Mining, Personal Goods, Life Insurance; and losses in General Industrials, Electricity, Food & Drug Retailers sectors.

Chinese stocks are primed for a rebound in the coming months, Gavekal Research said in a note, stating that they were undervalued after prolonged underperformance, and that Beijing was likely to unveil more stimulus measures. 

Investing.com - Bank of America (NYSE:BAC) Securities has taken a look at European luxury goods, and expects the sectorial slowdown to continue into the second half of 2024 and also next year.

Investing.com -- Analysts at Truist Securities cut their ratings on two popular chip stocks, Microchip Technology (NASDAQ:MCHP), and Analog Devices (NASDAQ:ADI), citing valuation concerns and a less optimistic outlook on the broader semiconductor sector.

India equities were higher at the close on Monday, as gains in the Oil&Gas, Real Estate and Public Sector Undertakings sectors propelled shares higher.

Most Asian stocks rose slightly on Monday amid persistent cheer over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face of an antitrust lawsuit. 

EQS Newswire / 19/09/2024 / 09:30 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that the Board of Directors has approved the construction of green energy power plants at Varvara mine.“Our path to net zero along with Kazakhstan’s decarbonisation efforts underpin Sol

Nike (NYSE:NKE) announced that Elliott Hill will take the helm as President and Chief Executive Officer effective October 14, 2024. Following the news, the company's shares gained nearly 8% in after-hours trade.

Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Industrials and Basic Materials sectors propelled shares higher.