Super Micro stock surges
Digest more
Coinbase’s stock pops
Digest more
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday.
Risky assets were again popping on Tuesday afternoon, as markets returned to risk-on mode after April consumer-price-index report showed inflation came in cooler than expected. "The softer \[inflation\] figures are adding to confidence that the Trump policy mix won’t produce much inflation,
Amazon and Meta stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce.
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and commodities ... noting that the recent surge in bearish sentiment among investors ...
Despite this recent downturn, AVGO stock has achieved considerable long-term growth, rising over 300% since the beginning of 2023.
Taiwan's stock market soared over 450 points, bolstered by TSMC's gains amid rising US tech stocks. AI-related shares, shipping industry, and easing US-China trade tensions contributed to market boost.
Grasim Industries is nearly at its 52-week high, trading at ₹2,738. The recent market surge, influenced by geopolitical developments and trade agreements, has lifted investor sentiment, with several stocks nearing their highs.
IonQ has some overlap in the artificial intelligence (AI) space because quantum computers can be used to do things like AI model training. IonQ said recently that its quantum computers were used to train large language models (LLMs), and they enhanced the LLMs' understanding of the sentiment being communicated in sentences.
The bearish trend comes ahead of CPI and IIP data scheduled on Tuesday. Also, Sensex and Nifty toppled when Asian cues were in green, following a surge on Wall Street overnight.