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Foxconn’s Q1 Profit Jumps 91%, Share Price Climbs 2.63% to T$62.4

May 14, 2025 8:29 am
Key Moments: Foxconn’s Q1 net profit surged 91% YoY, reaching T$42.12 billion ($1.39 billion). Its stock rose by 2.63% on Wednesday. The company projected high double-digit growth for AI server sales in Q2. Record Q1 Profit Beats Expectations Nvidia partner Foxconn, officially known as Hon Hai Precision Industry, reported a dramatic 91% increase in net […] Read more

Nasdaq 100 Futures Up 0.20% as Wall Street Stocks Edge Higher

May 14, 2025 6:44 am
Key Moments: Stock futures rose slightly on Wednesday. Nasdaq 100 e-minis went up 0.20%, while S&P 500 and Dow Jones futures remained relatively flat with marginal gains. April’s cooler inflation data and a pause in US-China tariffs buoyed investor sentiment. Futures Open Quiet as Markets Attempt to Build Momentum US stock futures signaled modest gains […] Read more

Coinbase Secures S&P 500 Inclusion, Stock Soars 9.62%

May 13, 2025 9:44 am
Key Moments: Coinbase shares surged 9.62% in pre-market trading following the announcement that the company will have a spot on the S&P 500. Coinbase is set to replace Discover Financial Services on the index next Monday. The news follows Coinbase’s latest financial report, which disclosed a revenue increase of 24%. Major Milestone for Digital Assets […] Read more

UK Markets Hold Firm Despite Unemployment Rate’s Jump to 4.5%

May 13, 2025 8:59 am
Key Moments: The UK’s jobless rate climbed to 4.5% in 2025’s first three months to March. Annual pay growth (excluding bonuses) slowed to 5.6%. UK equities rose on Tuesday, although the FTSE 100 in particular struggled to stay on an upward trajectory and returned to flat levels after an earlier climb. UK Labor Data Disappoints, […] Read more

ASX 200 Advances 0.43% on Tariff Relief and Consumer Sentiment Rebound

May 13, 2025 8:11 am
Key Moments: The S&P/ASX 200 Index rose 0.43% to 8,269 at Tuesday’s close. US and China agreed to reduce tariffs, boosting optimism in Australian equities. Life360 surged 14% after posting a profit for the first quarter Australian Equities Gain Australian stocks ended higher on Tuesday, bucking broader weakness across other Asian markets. Investor sentiment was […] Read more

China Clears Path for Boeing Aircraft Deliveries, Shares Rise 1.17% in Europe

May 13, 2025 7:23 am
Key Moments: Boeing plane deliveries can resume in China following a major de-escalation of trade tensions. US and Chinese officials agreed to reduce import tariffs for 90 days, enabling Boeing to bypass the pricing disadvantage it previously faced. Tuesday witnessed Boeing’s Gettex-listed shares climb 1.17%. Trade Truce Unlocks Stalled Aircraft Deliveries China has lifted its […] Read more

Nvidia Shares Up 3.53% Amid Semiconductor Stock Rally, Dow Jumps 1000 Points

May 12, 2025 2:52 pm
Key Moments: Nvidia’s stock rose 3.53% after US markets opened, as chipmakers in America and China Nvidia is part of a broader rally as investors cheered today’s surprise tariff rollback announcement. Dow soared by 100 points, while the Nasdaq Composite rose by 3.14%. The tariff on Chinese goods was reduced from 125% to 10% for […] Read more

Nokia Equips Marine Corps With Cutting-Edge Tactical Wireless Solutions, Share Price Climbs 3.8%

May 12, 2025 2:10 pm
Key Moments: Nokia Corporation delivered Banshee tactical private wireless units to the US Marine Corps Tactical Systems Support Activity (MCTSSA). In early 2025, MCTSSA acquired multiple Banshee units and received hands-on deployment training. The tech giant’s stock rose by 3.8% to 4.647 on Monday. Banshee Enhances Tactical Connectivity for the US Marine Corps Nokia’s stock […] Read more

Weir Partners With CiDRA to Advance Mineral Processing Innovation, Stock Bounces Over 2%

May 12, 2025 9:46 am
Key Moments: Weir Group PLC has entered a partnership with CiDRA Minerals Processing Inc., including an investment in CiDRA’s mining business, The agreement aims to accelerate the deployment of CiDRA’s P29 technology to improve mineral processing efficiency and sustainability. Weir’s shares advanced on Monday, climbing by 2.17%. Weir Group Stock Surges on Alliance With CiDRA […] Read more