Asia’s main stock index was trading within a narrow range on Monday, while gold reached a record high due to heightened tensions in the Middle East, leading to increased demand for the precious metal as a safe haven. Australian stocks saw gains, while Japanese equities slipped and Hong Kong equity futures indicated potential declines. Meanwhile, … Read more
Spirit Airlines is facing financial challenges as it approaches a deadline to refinance over $1.1 billion in debt. The airline’s shares closed at a new low on Friday, falling by approximately 3% to less than $1.50 per share. The company had extended the deadline with U.S. Bank to Monday, after initially setting it for September. … Read more
Wall Street remained close to its record highs but ended the day with minimal changes compared to Tuesday. In contrast, China’s stock market experienced a decline due to a disappointing housing stimulus announcement, while Japan’s market was impacted by weak export data. Despite this, Taiwan’s TSMC continued to perform well, along with companies like Nvidia … Read more
Nvidia’s surge to a new all-time high on Thursday briefly pushed the S&P 500 into uncharted territory, leaving investors wondering what the future holds for the artificial intelligence sector. At one point, the chipmaker’s shares rose as much as 3.8% in Thursday’s trading session, reaching above $140. This marked the first new intraday high for … Read more