Samsung captured over 80% of the smartphone market in South Korea during Q3 2023, with the popularity of its Galaxy Z Flip 5 and Galaxy Z Fold 5 models contributing to its dominance, while Apple's market share increased by 15%.
Coinbase is generating positive free cash flow during the crypto winter, positioning the company well for future growth.
Mark Spitznagel, the hedge-funder known for his pessimism, predicts that a major financial crash is looming due to the current credit bubble and excessive monetary intervention by central banks, although he believes the Federal Reserve will continue to suppress fires and lower interest rates to prevent a complete economic collapse. However, he recommends investors hold positions that they can withstand in the event of a 50% market decline. He also dismisses Bitcoin as a safe haven and considers it a speculative risk asset.
Commodity markets, including crude oil, metals, and grain, are expected to experience significant fluctuations in 2024 due to supply problems and resurgent demand.
Apple's Vision Pro headset, offering a combination of virtual reality and mixed reality, is set to compete with rivals such as Meta (formerly Facebook) in the growing market, although sales are expected to be limited initially due to supply constraints and the high price tag, with the success of the device depending on developers finding compelling use cases for the technology.
Wedbush tech analysts believe that a new tech bull market has begun due to a surge in AI spending, with the tech sector set for an acceleration of cloud and AI-driven spending that is being underestimated by the market.
Stock futures indicate a slightly lower start for Wall Street as investors anticipate U.S. inflation data and the potential for a government shutdown.
The equity and bond markets are targeting companies with weak balance sheets, as shown by the rise in bankruptcies, and tech companies are particularly vulnerable due to high inventory levels and potential EPS surprises in the event of a recession.
Moody's has reduced its outlook for the US credit rating to negative, citing concerns over political polarization and the country's rising debt, posing economic threats during a period of volatility in the Treasury-bond market.
OPEC raises its forecast for global oil demand growth in 2023 and maintains its high prediction for 2024, citing strong market fundamentals and blaming speculators for recent price drops.
Venture funds with available capital are experiencing a surge in demand from early-stage startups and mid- to late-stage companies, leading to a deal-flow challenge, particularly for later-stage companies that need to demonstrate capital efficiency and growth to secure financing.
Higher short-term interest rates may not be as detrimental to consumers and companies as the Federal Reserve believes, as many have already locked in low long-term rates; additionally, the scarcity of homes available for sale due to low mortgage rates is contributing to higher housing prices, which further fuels inflation, according to a report from Voss Capital.
Stock futures are signaling a retreat as investors prepare for a key US inflation reading and remain cautious about the state of the US economy.
The global polyurethane spray foam insulation market is estimated to reach $11 billion by 2031, driven by construction activity in Eastern European developing nations and the increasing emphasis on energy-efficient construction practices.
Bitcoin and ether remain steady in Asia as market optimism grows, with narrowing discounts on Grayscale Bitcoin Trust and the anticipation of spot bitcoin and ether ETF approvals contributing to investor inflows surpassing $1 billion this year.
The article examines the US sectoral flows for October 2023 and assesses the likely impact on markets as we advance further into November 2023, suggesting that the financial balances in the private domestic sector have fallen overall month over month, indicating a potential flat to lower market trend for the SPX.
U.S. stock markets open in the red as traders prepare for a data-heavy week focused on inflation and government shutdown concerns, with the release of the consumer price index and earnings reports from big retailers.
Most major Gulf stock markets are subdued due to falling oil prices, mixed signals from the US Federal Reserve, and geopolitical tensions over the Israel-Hamas war.
Asking prices for homes in Britain have fallen at their fastest pace in five years, with new seller asking prices dropping by 1.7% this month to an average of £362,143, according to property website Rightmove. Despite the challenging year for the housing market, average asking prices are only 3% below May's peak, indicating that forced sales are not widespread.
The global active pharmaceutical ingredients (API) market is projected to grow at a CAGR of 6.4% from 2023 to 2031, reaching a valuation of $331.3 billion in 2031, driven by increasing healthcare spending and the prevalence of chronic diseases.
Citadel Securities is considering establishing a licensed onshore business in China, making it the first foreign firm to enter the market-making sector in the country, as Chinese authorities promote the development of market makers and aim to boost liquidity and attract long-term capital.
Asian chip stocks lift equity markets while US yields and the dollar remain subdued, with China's lackluster retail sales data and Moody's downgrade having more impact than the US sovereign debt rating outlook.
The dollar reaches a one-year high against the yen due to an increase in US Treasury yields, leading to a halt in the early tech-led equity rally.
The conflict between Israel and Hamas is not only taking a toll on lives but is also becoming more costly than predicted, with the government facing a reckoning over controversial handouts to ultra-orthodox schools and settlement development, which are causing a national debate and keeping markets on edge.
Investors seek to understand the impact of Veterans Day on the markets.
Protean eGov Technologies shares ended at a premium of 11.49% over the IPO price, closing at Rs 883 apiece.
Shares in Asian markets edge lower ahead of meeting between US President Joe Biden and Chinese leader Xi Jinping, with oil prices falling amid concerns about supply-demand balance and expectations for an interest rate hike by the US Federal Reserve in December.
Asian markets were mixed on Monday as traders remained concerned about the possibility of the Federal Reserve raising interest rates again, despite a surge in the tech sector on Wall Street.
Hong Kong stocks erased gains on concerns over China's slowing economy and earnings valuation, leading Goldman Sachs to downgrade Chinese stocks listed outside mainland exchanges, while the Hang Seng Index has slumped about 13% this year, the worst among major global markets.
The prices of petrol and high-speed diesel in Pakistan are expected to decrease by Rs8 to Rs10 per litre due to lower international prices, although the depreciation of the rupee against the dollar will reduce the benefit for consumers; petroleum and electricity prices have been the key drivers of high inflation in the country.
Entertainment giant HYBE, known for managing BTS, is expanding into the Latin American market with the launch of its subsidiary in Mexico, focusing on managing artists' activities and training new musicians while exploring the fusion of Latin music with K-pop's successful business structure.
The explosive growth of stock options trading in India has excited retail traders but raised concerns among regulators about the speculative risks it may bring. The surge in options activity is seen as more speculative than for hedging purposes, increasing the potential for sharp market falls and risk-taking by inexperienced retail investors. Regulators are considering measures to address these risks, such as mandating warnings on market risks and reviewing incentives for large volume traders.
The cyber attack on ICBC's U.S. broker-dealer caused extensive disruption, including the temporary shutdown of corporate email and a temporary debt owed to BNY Mellon of $9 billion, highlighting concerns about the resilience of the financial sector and the Treasury market.
The recent rise in the stock market may be a false signal, leading to potential losses in a bear market as investors fall into a trap of optimistic buying that goes awry when the selloffs suddenly return.
Reverend Al Sharpton and his organization, the National Action Network, are opposing the Biden administration's plan to ban menthol cigarettes, arguing that the ban would lead to an illicit market and potentially deadly interactions with the police, similar to the case of Eric Garner. They also question why menthol cigarettes, which are favored by black smokers, are being targeted for a ban while other cigarettes smoked by white individuals are not.
The starch derivatives market is projected to reach USD 68.4 billion by 2028, driven by increasing demand for processed foods, pharmaceuticals, and sustainable ingredients.
Asian markets are expected to have a strong start to the week following a powerful rally on Wall Street, with a busy schedule including a U.S.-Sino Presidential meeting, economic data releases, and corporate earnings reports.
Hong Kong's art exports surged by nearly 60% in the first quarter, driven by events like Art Basel Hong Kong, reflecting the significant role of art shows and auctions in building the city's international reputation, according to a joint report by UBS and Art Basel.
ANZ, Australia's fourth-largest lender, reported a record annual profit driven by surging demand for institutional banking services, but its profit margin was flattened by an aggressive mortgage-selling campaign, causing its shares to dip.
The air cargo market is expected to grow significantly over the next 20 years, with global air cargo traffic doubling and express air cargo surpassing general cargo in terms of growth, despite the volatility experienced due to the pandemic and disruptions caused by e-commerce platforms.
The upcoming October CPI report could be a critical catalyst for stocks, potentially propelling the market higher on a softer-than-expected number, according to analysts.
Equity markets surged to new multi-week highs, the VIX 'fear gauge' fell, cryptocurrencies experienced a significant increase in volume, the US dollar ended the week on a high, gold prices dropped to a three-week low, and upcoming economic releases include inflation reports from the UK, Eurozone, and the US.
The S&P 500 is close to reaching its record high, indicating the possibility of further gains in the future, and investors should consider investing in the market, particularly in affordable stocks like Shopify and Cloudflare that have strong growth prospects and reasonable valuations.
Home prices continue to rise despite high mortgage rates, but a housing expert warns that prolonged national declines may be imminent.
Traeger, Inc. has a low price-to-sales ratio compared to its industry peers, suggesting potential investor skepticism regarding future revenue stability despite strong revenue growth figures.
Gulf stock markets had a mixed performance due to higher oil prices being offset by concerns of faltering demand from China.
California housing has been predominantly a seller's market for the past 12 years, with supply averaging around 2.8 months and prices rising at a swift 8% annual pace, signaling a challenging environment for buyers.
The IPO market has seen a surge of activity in the third quarter of 2023, with $7.8 billion raised in 30 IPOs, led by Softbank-backed chipmaker Arm Holdings, however, despite solid starts, all three companies mentioned - Arm, Maplebear (Instacart) and Klaviyo - have seen their stock prices decline following their IPOs and subsequent earnings reports.
Dow Jones futures and other major indexes fell slightly due to Moody's warning on the U.S. outlook, while Boeing won a major jet order at the Dubai Air Show; leading stocks are performing well and offering buying opportunities for investors.
Middlesex Water's share price has declined by 24% in the past three months, prompting an analysis of the company's financials, particularly its Return on Equity (ROE), which indicates that while the ROE is similar to the industry average, the company's net income growth and earnings growth are relatively low, suggesting caution in evaluating the company's performance and potential for future growth.