Tokyo jumped 1.9 per cent and Hong Kong was up 0.5 per cent, while Shanghai was flat.
The Nikkei rise came despite struggling Japanese auto giant Nissan issuing a stark profit warning on Thursday, forecasting a huge loss of up to US$5.3 billion in the 2024 to 25 financial year.
The markets see that the company “is moving ahead toward turnaround”,
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The broad market sell-off this year has weighed heavily on technology stocks. While the S&P 500 is down by about 11% from its peak,
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CNBC personality Jim Cramer is credited with coming up with the popular FANG acronym to describe mega-cap tech growth stocks Facebook, Amazon, Netflix and Google back in 2013. Cramer expanded FANG to FAANG in 2017 when he added Apple to the mix.
While all the original FAANG stocks continued to perform well,
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Here’s a look at some trending tickers as stock futures slipped after a three-day rally and earnings drove individual stock moves:
Alphabet (GOOG) shares jumped nearly 4% after the Google parent company reported solid first quarter results,
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Investors in Sarepta Therapeutics Inc (Symbol: SRPT) saw new options begin trading this week, for the June 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down …
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| Stock | Price ($) | Change Percent |
|---|---|---|
| T-Mobile Us | 233.64 | -10.79% |
| Intel | 19.89 | -7.49% |
| Old Dominion Freight Line | 148.31 | -6.64% |
| Gilead Sciences | 102.97 | -2.89% |
| Xcel Energy | 68.67 | -2.38% |
» Read more about: US Stock Markets Live: Dow Jones falls, while Nasdaq rises in today's session »