Daniel Marsh, Senior Markets Analyst at StockTi — Page 187

Markets Jul 24

Wall Street Split as AI Spending Scrutiny Intensifies; Nasdaq Drops

The Nasdaq Composite dropped 0.6% on Friday as investors scrutinized AI-related expenditures, while the Dow rose 0.2%. Alphabet and Tesla together posted $50.7 billion in capital expenditures with negative free cash flow.

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Markets Jul 24

Dow Edges Higher as Oil Retreats, Widening Gap Over Nasdaq

The Dow Jones Industrial Average gained 0.2% in early Friday trading, while the Nasdaq slipped 0.62%. A drop in oil prices and a slight dip in Treasury yields provided some relief.

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Markets Jul 24

SoftBank Shares Plunge 7% as AI Funding Worries Deepen

SoftBank Group shares dropped 7% on Friday, erasing ¥2.4 trillion in market cap, as investor concerns over AI funding sustainability and a 57.5% valuation gap weighed on sentiment.

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Markets Jul 24

Toyota Shares Dip as Yen Weakness Nears ¥700 Billion Profit Boost Ahead of Central Bank Decisions

Toyota shares slipped 1.8% to 2,897 yen, while a weaker yen could boost annual operating profit by nearly ¥700 billion. Central bank meetings and earnings loom.

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Markets Jul 24

BYD Stock Steady as European Gains Offset Domestic Challenges

BYD shares ended the week flat at HK$88.65, as strong European growth offset a sharp decline in China sales.

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Markets Jul 24

SK Hynix Market Cap Plunges 114 Trillion Won Amid Legal Woes and Tech Sell-Off

SK Hynix shares tumbled 8.34% on Friday, erasing 114 trillion won in market value, as a court order against chairman Chey Tae-won added to a broader tech rout.

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Markets Jul 24

TSMC Shares Dip 2.29% on Friday; ADR Discount Widens to 14.4%

Taiwan Semiconductor Manufacturing Co (TSMC) fell 2.29% to NT$2,350 on Friday, widening the ADR discount to 14.4% as Asian markets declined amid rising oil prices and AI uncertainty.

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Markets Jul 24

Wearable Devices Shares Surge on Massive Trading Volume

Wearable Devices Ltd. saw its stock price surge 50.7% on Thursday, with trading volume reaching 11.5 times the total share count. Premarket activity remains elevated.

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