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FXI News30 articles
Dow Edges Up as Tech Drags S&P 500 and Nasdaq Lower
The Dow Jones Industrial Average gained 0.34% as tech stocks declined, dragging the S&P 500 and Nasdaq lower. Attention turns to Micron's earnings after the bell, with AI spending and inflation data in focus.
Tech Selloff Drags US Futures Lower; South Korea's KOSPI Plunges 10%
US stock futures fell sharply Tuesday as a tech selloff erased optimism over US-Iran talks. South Korea's KOSPI plunged nearly 10% on regulatory ETF warnings.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Asian Markets Surge on US-Iran Strait of Hormuz Deal, Oil Plunges
Asian markets surged Monday on a preliminary US-Iran deal to reopen the Strait of Hormuz, sending oil prices down 5% and easing inflation concerns. The Nikkei 225 hit a record close, while the Kospi jumped 5.2%.
Asian Markets Rally on Oil Plunge, Central Bank Decisions Ahead
Asian equities opened higher on a sharp drop in oil prices following a US-Iran agreement, but caution remains ahead of BOJ and Fed policy decisions.
Tesla Shares Rally on China Sales Rebound, Robotaxi Progress in Focus
Tesla shares rallied on a strong rebound in China retail sales, but the stock faces a test as U.S. inflation data and the small size of its robotaxi fleet loom.
Oil Surge, Global Selloff Drive Indian Markets Down 1%
Indian stock markets dropped about 1% on Monday as Brent crude climbed above $97 after Israel struck an Iranian plant, triggering fears over energy supply and inflation.
Goldman Sachs Tumbles 4.9% on Rate-Hike Fears Ahead of SpaceX IPO
Goldman Sachs dropped 4.9% Friday after a hot jobs report fueled rate-hike fears, pressuring its lead role in the SpaceX IPO. Market focus shifts to May CPI data.
EchoStar shares slide ahead of pivotal week with SpaceX IPO, spectrum deal in focus
EchoStar shares fell 6.7% Friday, closing at $116.28, as traders assess the SpaceX IPO, AT&T spectrum deal, and a missed interest payment with a 30-day grace period.
Oil Surges as Iran Talks Collapse, Strait of Hormuz Threat Returns
Brent crude surged 6.6% to $97.14 as Iran suspended indirect talks with the US, reviving fears of a Strait of Hormuz blockade and supply disruptions.
Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips
Asian markets closed mixed on Friday, with Japan's Nikkei surging 2.53% on AI optimism, while India's Sensex fell 1.44% amid inflation concerns. Taiwan raised its 2026 GDP forecast to 9.64%.
Wall Street Futures Slide as Iran Tensions Rattle Markets
U.S. stock futures declined Thursday as escalating U.S.-Iran tensions lifted oil prices, pulling Wall Street from record highs ahead of key PCE inflation data.
Asia Markets Dip as Oil Rally, AI Slowdown Weigh
Asian stocks fell Thursday as rising oil prices from U.S.-Iran tensions and a cooling AI trade pressured markets, with Japan's Nikkei down 0.47% and Hong Kong's Hang Seng off 1.32%.
NIO Shares Surge on ES9 SUV Debut with Yao Ming; Delivery Targets in Focus
NIO shares jumped 8.6% to $5.71 after unveiling the ES9 SUV with Yao Ming as brand ambassador. The company targets Q2 deliveries of 110,000-115,000 vehicles.
Safepoint IPO Roadshow Targets $1.16 Billion Valuation Amid Strong Earnings Growth
Safepoint, a Florida-based specialty insurer, has begun its IPO roadshow targeting a $1.16 billion valuation, seeking to raise up to $283.3 million.
T1 Energy Surges on Solar Tax Credit Optimism
T1 Energy surged $2.61 to $10.69 on heavy volume, driven by investor focus on solar tax credits. The company faces scrutiny over China links but defends its eligibility.
Oil Surges on Renewed US-Iran Strikes, Asia Markets Mixed
Brent crude rose 2.39% to $98.44 after new US strikes in Iran dimmed hopes for a quick peace deal. Hong Kong's Hang Seng gained 0.37% on chip stocks, while other Asian markets slipped.
Nikkei Breaks 65,000 Barrier as Asian Markets Rally on Oil Slide
Japan's Nikkei closed above 65,000 for the first time, surging 2.87% as Asian stocks rallied on hopes of revived U.S.-Iran talks and falling oil prices. Taiwan hit a record, while Shanghai, Australia, and India gained.
Futu Holdings Faces $271M Proposed Fine in China
China's securities regulator proposed a 1.85 billion yuan ($271 million) penalty against Futu Holdings for alleged unlicensed brokerage in mainland China, sending shares down 27.5%.
Asian Markets Brace for Key Week as Oil, Yields, and AI Dominate
Asian markets enter a crucial week with oil above $103, US yields at 4.558%, and AI optimism from Nvidia and Lenovo. China cracks down on cross-border brokers, while key data includes US PCE and Tokyo CPI.
UP Fintech Plunges After China Crackdown on Cross-Border Brokerage
UP Fintech shares fell 34% in premarket trading after China's securities regulator said its Tiger Brokers unit and two peers operated unlicensed cross-border securities businesses for mainland investors.
Quantum Stocks Surge as US Government Commits $2 Billion in CHIPS Act Funding
Quantum computing stocks rallied sharply on Thursday after the U.S. Commerce Department unveiled $2 billion in preliminary CHIPS Act funding agreements, with D-Wave, Rigetti, and Infleqtion all surging over 30%.
Asian Markets Rally on US-Iran Talks, Nikkei Nears Record
Asian shares advanced Friday, with Japan's Nikkei jumping 2.8% toward a record high, fueled by hopes for US-Iran diplomacy, while oil remained near $105 and the yen stayed weak.
Indian Markets Edge Higher as Banking Gains Counter Oil and Rupee Risks
Indian shares rose Friday, led by private banks, as the Nifty 50 gained 0.69% to 23,818.25. Gains were capped by high oil prices and a weak rupee.
Lloyds, SpaceX IPO, and Market Divergence Lead Today's Financial News
Lloyds Banking Group shares have risen 22% in the past year, showcasing strong dividend power. SpaceX files for a landmark IPO, while market divergence highlights tech optimism versus inflation concerns.
Nike Stock Rises on Macro Tailwinds, But Analysts Remain Wary of Turnaround
Nike shares climbed on macro tailwinds, but analysts remain cautious as quarterly revenue was flat, net income fell 35%, and market share slipped to 22.9%.
T1 Energy Surges 26% as Roth Defense Overcomes Short-Seller Attack
T1 Energy shares surged 26.45% to $8.70 as a Roth Capital analyst defended the company against a short-seller report alleging hidden Chinese ties and tax-credit risks, with a large institutional stake adding bullish momentum.
Fed Officials Signal Possible Rate Hikes Amid Sticky Inflation
Fed minutes show most officials may hike rates if inflation stays above 2%, shifting market expectations from cuts to possible increases.
T1 Energy Surges on Hedge Fund Stake and Short Seller Allegations
T1 Energy shares surged 17% as a hedge fund disclosed a new stake, while a short-seller report questioned the company's tax-credit eligibility and China-linked supply chain.
Navitas Semiconductor Faces Crucial Week After Volatile AI Rally
Navitas Semiconductor closed at $21.32, down 4.48% on Friday but up 17.14% for the week after raising $122M via an at-the-market stock sale. Investors await the May 19 J.P. Morgan tech conference.