Reported 12 months ago
The latest social-media buzz around 'Roaring Kitty' led to significant stock surges after a cartoon featuring a dog was posted, prompting trading halts. Concerns are rising about the influence of retail-trading leaders like Gill on meme stock frenzies and their potential impact on markets. While Gill has had success with GameStop, uncertainty surrounds his involvement with pet companies, sparking questions about the sustainability of meme-driven trading. The recent market volatility suggests a growing weariness towards Roaring Kitty's impact, indicating a shorter-lived influence on stock prices.
Source: YAHOO
Reported 12 months ago
華爾街在不恐懼美國經濟衰退的情況下，在2024年上半年創下了創紀錄的成績，得益於強勁的收益和人工智慧的熱潮。股市在周五輕微下滑，結束了週、月和上半年。但年初至今的表現仍散發樂觀氛圍，分析師預測後段將再創新高。週五觀察到的通脹數據引發了人們對通脹壓力減輕將促使聯儲會於9月早些時候降息的希望。道瓊指數下跌了約0.4%，但上半年累計上漲了近15%。科技股重磅擔當那斯達克綜合指數大約下跌了0.7%，全年上漲近19%。而道瓊工業平均指數在週五下跌了0.1%。到目前為止，道指的漲幅為4%。AI寵兒英偉達的股價今年已飆升了150%。儘管股市上半年取得了驕人的成績，但最近的震盪，尤其是來自英偉達的震盪，引發了人們對今年剩餘時間拉回的恐懼。與此同時，考慮到11月的美國大選是風險清單中的重要因素，投資者紀律觀察總統喬·拜登在與規定的共和黨提名人唐納德·川普的首場辯論中表現不佳。前總統承諾的稅收減免和貿易打壓被認為有望提振股市。但川普媒體與技術集團（DJT）的股價則下跌了10%。
Source: YAHOO
Reported 12 months ago
A Wells Fargo analyst conducted a study by purchasing and weighing 75 Chipotle burrito bowls to address the portion problem debate. They found that the weight of the bowls was inconsistent, with the heaviest bowl weighing 87% more than the lightest in digital orders. Despite Chipotle's denial of portion shrinkage, the analysts discovered variability in bowl sizes, sparking controversy on social media.
Source: YAHOO
Reported 12 months ago
Stocks on Wall Street closed lower as the S&P 500, Nasdaq composite, and Dow dropped, with Nike losing 20% due to missing revenue targets and lowering sales guidance. The S&P 500 fell 0.4%, the Dow slipped 0.1%, and the Nasdaq declined 0.7%. For the week, the S&P 500 is down 0.1%, the Dow is down 0.1%, and the Nasdaq is up 0.2%. Year-to-date, the S&P 500 has gained 14.5%, the Dow 3.8%, the Nasdaq 18.1%, and the Russell 2000 1%.
Source: YAHOO
Reported 12 months ago
The major indexes (^DJI,^GSPC, ^IXIC) closed lower on Friday, marking the end of both the second quarter and the first half of the year. Traders grappled with cooling inflation data and better-than-expected consumer sentiment data. The Dow was down 1/10 of 1%, the S&P 500 down 4/10 of 1%, and the Nasdaq down 7/10 of 1%. Yields remained high despite moderate inflation. Overall, it was a ho hum end to the quarter with some downside movement in the indices.
Source: YAHOO
Reported 12 months ago
Infinera's shares jumped as Nokia agreed to acquire the network provider for $2.3 billion, signaling Nokia's move into artificial intelligence and data centers. This marks Nokia's significant investment since acquiring Alcatel Lucent in 2016, potentially impacting the competitive landscape with companies like Cisco and Sienna in the networking equipment sector.
Source: YAHOO
Reported 12 months ago
Source: BARRONS
Reported 12 months ago
Non-professional investors, particularly retail traders, are now a significant segment of the US options market, with JPMorgan Chase & Co. reporting that retail traders accounted for a record 18.3% of total options activity in June. Their focus is on short-term bets, particularly in technology stocks, with over 60% of their orders expiring in a week or less. Retail traders seem bullish on technology stocks like Nvidia Corp., utilizing options for leverage or as overlays on broad market ETF positions for income and hedging purposes.
Source: YAHOO
Reported 12 months ago
Former House Speaker Nancy Pelosi refused to directly address the calls from Democrats to replace President Biden following a poor debate performance, stating she will make a statement later. Pelosi defended Biden's integrity during the debate in contrast to Trump's dishonesty and dismissed Trump's accusations, calling him a 'fool' and questioning his mental state. Other influential Democrats like Hakeem Jeffries also avoided giving a clear answer regarding replacing Biden, opting to support the Democratic ticket instead.
Source: YAHOO
Reported 12 months ago
To boost Hong Kong tourism and retail industry, China's Ministry of Commerce and other departments announced on June 28 that starting from July 1, the duty-free allowance for mainland residents entering Hong Kong and Macao will be increased from the current 5,000 yuan to 12,000 yuan, though lower than the 30,000 yuan requested by the Hong Kong CPPCC. The new policy is expected to generate up to an additional 17.6 billion HK dollars in annual consumption. This move is part of ongoing efforts by the Chinese government to assist in Hong Kong's economic recovery and promote closer economic and trade relations under the CEPA framework.
Source: YAHOO
Reported 12 months ago
Chunghwa Telecom announced a partnership with Time Art Multimedia on June 28, 2024, to collaborate on an AR 5G private network. They worked together to create a 5G enterprise network riverside AR application at the Guandu Container Market in Taipei, where visitors can interact with AR dinosaurs and container 3D models using Web AR on their mobile devices, enhancing the market's experience. The project utilized Chunghwa Telecom's 5G MEC edge computing services to reduce data transfer latency and improve security. The innovative application extended to various businesses at the market, integrating AR digital technology with food menus.
Source: YAHOO
Reported 12 months ago
Kunyin (2365) saw its stock price surge under the influence of foreign investors on June 28, 2024, reaching the daily limit up at NT$38.8 with a trading volume of nearly 20,000 shares. The company's revenue for May 2024 increased by 55.65% year-on-year and by 1.99% month-on-month, showing positive growth trends. Kunyin also achieved positive growth in the first quarter of the year for the first time in 12 quarters, attributing the performance to ongoing cost control and product line strengthening efforts to enhance operational quality.
Source: YAHOO
Reported 12 months ago
德微科技董事長張恩傑宣布公司近期併購整合效果明顯，將朝向高階IDM分離式元器件整合供應商的策略目標邁進，以加深產品競爭力及延伸品牌效應。公司在2023年取得亮眼成績，而今年前5個月的合併營收已較去年同期大幅增長29.47％。張恩傑強調隨著整合計劃進入尾聲，德微開始呈現出穩健的獲利能力，準備好邁向2024年的新階段。
Source: YAHOO
Reported 12 months ago
Starting in 2022, Taiwan Power Company has been promoting a ten-year 'Resilient Power Grid Project,' benefiting heavy electrical and wire and cable industry companies and sparking a 'surge stock boom' in Taiwan stock market. Dadi Electric, a 70-year-old player among Taiwan's four suppliers of 345kV ultra-high-voltage power cables, made the decision to enter the emerging stock market in 2024. Chairman Lin Zhiming aims to break away from the family business and traditional industry stereotypes, leading the company on a new path. Known for its quality electrical wires and cables, Dadi Electric secured significant orders from Taiwan Power Company and is strategically positioned to seize opportunities in energy transformation.
Source: YAHOO
Reported 12 months ago
Wu Pao Chun's bakery has unveiled a series of innovative taro-flavored baked goods including 'Taro Pizza' made with highland taro grown by the Siraya tribe, 'Taro Cream Puff' inspired by Hong Kong's layered pastry, and 'Coconut Taro Bun' using taro from Orchid Island. These creations honor Taiwan's indigenous food culture and highlight traditional taro varieties that are unique to the island, aiming to revitalize local culinary traditions through modern baking techniques.
Source: YAHOO
Reported 12 months ago
Taipei, June 28, 2024 - As the first half-year and June stock market activities came to a close, Hui You, a robot concept stock linked to NVIDIA CEO Huang Renxun, saw a significant surge of 186.82% in June, securing the top spot for the month. The top performing stocks in the first half are dominated by smaller companies, with Taiwei leading the pack followed by many others doubling their stock prices. Large-cap stocks also showed impressive gains with TSMC standing out for increasing its market value by 9.675 trillion NT dollars in the first half. Overall, AI-related stocks have driven the market, with companies like NVIDIA, semiconductor, servers, robots, CPO, and Apple concept stocks taking the lead. Looking ahead to the second half of the year, market trends are expected to remain focused on AI stocks, while memory stocks, financial stocks set to pay dividends in the third quarter, and potential growth stocks in biotech, digital cloud, and green energy sectors are also worth keeping an eye on.
Source: YAHOO
Reported 12 months ago
At a forum on June 28, 2024, the potential and application prospects of exosomes in medicine were highlighted by Dr. Kim Seong-Hun, the founder of Zymedi from South Korea. Dr. Kim shared insights on the secretion of a novel bioactive protein by exosomes - Aminoacyl-tRNA synthetases (ARS), which impact biomedical and cosmetic applications. Different ARS enzymes are found to be secreted in specific cells or stress environments, playing roles in various physiological processes like angiogenesis, immune regulation, wound healing, and stem cell activation. Three new drugs utilizing this technology are currently in clinical trials for treating diseases like pulmonary arterial hypertension and pulmonary fibrosis. Collaboration opportunities in exosome technology development with Taiwan companies were noted, along with advancements in cell reprogramming and regeneration techniques. The potential for using exosomes derived from mesenchymal stem cells to reduce eye inflammation and promote corneal repair was also discussed, offering new treatment possibilities for dry eye syndrome patients. The importance of close cooperation and resource integration in Taiwan's exosome research and industrialization process was emphasized by Prof. Li Cai-Kun, the deputy executive director of the Biotechnology Center.
Source: YAHOO
Reported 12 months ago
劉奕成將於2024年7月1日起擔任中信金控科技長一職。他擁有豐富的金融和科技經驗，曾推出「中國信託LINE Pay卡」，並在電子支付領域獲得卓越成就。中信金指出，原科技長仍將負責IT、資訊、系統，而劉奕成將專注於數位、研發與規劃工作。劉奕成在台灣金融業有著廣泛的影響力，其加入將為中信金控帶來更多發展機會。
Source: YAHOO
Reported 12 months ago
Dr. Wen Xiaowen, CEO of Beauty Line Medical Group, discussed the potential applications of exosomes in medical aesthetics, citing their ability to promote skin repair and their three main advantages: easy absorption due to small size and high biological compatibility, convenient storage with high safety, and precise delivery of repair instructions to abnormal skin cells. Exosomes are used in medical aesthetic treatments either directly through skincare products or in combination with procedures like water light guns, microneedling, or lasers for improving skin quality, treating acne scars, inflammation, liver spots, etc. Clinical cases have shown accelerated skin repair and significant improvement in skin texture when exosomes are combined with treatments like picosecond lasers or water light therapy for challenging conditions such as liver spots, severe acne, eczema, scars, and rosacea.
Source: YAHOO
Reported 12 months ago
According to analysts, the bull market is expected to continue in July, with a focus on AI and semiconductor stocks, Apple concept stocks boosted by new product effects, financially advantageous finance stocks with cash dividends, biotech stocks benefiting from the Biotech Month, and summer power shortage concept stocks, known as the 'five major seasonal stocks.' This includes 18 stocks like King Yuan Electronics, Win Semi, Cathay Financial, Yaoko Pharmaceutical, and Cheng Shing Electronics, which are seen as having the most potential for performance as institutional funds have entered early positions.
Source: YAHOO
Reported 12 months ago
Lin Zhiming's leadership style inherits his father's diligence and seriousness, but recognizing the need for change in the modern era, he steered the company towards automation, systemization, and intelligence starting in 2019, along with energy management in 2021. Emphasizing the importance of standardizing daily work for achieving intelligence, Lin acknowledged the challenges in communication and education during the process, but successfully gained understanding from the employees. Systemization is highlighted as a crucial transformational issue for traditional industries, especially family businesses, requiring professional specialization and goal-setting to combine everyone's efforts towards growth.
Source: YAHOO
Reported 12 months ago
During the shareholders' meeting held by Century Steel (9958) on June 28th, the company approved a cash dividend distribution of 3 yuan per share and re-elected Rong Wenzhang as the chairman. With active development in offshore wind power substructure components, the company expects this year's revenue to surpass last year's, as its production capacity is currently at full load and long-term plans include overseas expansion. Last year, Century Steel's performance was impressive, with a doubling of net profit after tax and earnings per share growth. In the first quarter of this year, revenue increased by 17.72%, and net profit after tax surged from 48 million yuan to 651 million yuan. The company will continue to develop offshore wind power projects internationally, while concurrently maintaining a strong focus on its steel structure business locally.
Source: YAHOO
Reported 12 months ago
On June 28, 2024, the Japanese Yen depreciated over 13% for the year, falling below the 161 mark against the US Dollar and reaching a 38-year low. Atsushi Mimura was appointed to take over international affairs as the Deputy Finance Minister, replacing Masato Kanda. The government aims to stabilize the yen's excessive fluctuations caused by rapid devaluation. Despite verbal warnings from Japanese officials, including intervention plans, the yen remains weak due to significant US-Japan interest rate differentials.
Source: YAHOO
Reported 12 months ago
On June 28, 2024, the KGI Asia Investment Strategy Department recommended investors to pay attention to the 'GUIDE' strategy for global layout in the second half of the year. The strategy comprises five parts: 1. 'Gold': buying gold and related mining stocks on dips; 2. 'Utilities' and 'AI': utilities stocks benefit from electricity demand and rate cuts; 3. 'Investment Grade (IG)': emphasizing investment-grade bond yields; 4. 'Defensive Stocks': increasing holdings in defensive stocks; 5. 'Eastern Regions': capturing Asian growth. This article continues to explore three core strategies focusing on aspects such as investment-grade bonds, defensive stocks, and the potential for overseas business expansion.
Source: YAHOO
Reported 12 months ago
Taiwanese stock market analyst Jiǎn Bóyí provided an economic analysis on June 28, 2024, stating that the economic stimulus signal score for May released by the National Development Council remained at 35 points, signaling a continuous uptrend in the economy. AI applications' strong demand led to red lights across various indicators, indicating a warming economy. However, amidst a slight correction in the short term due to foreign capital outflows and global market consolidation, stocks related to cloud CSP giants like Microsoft and AWS remain promising. With the upcoming Paris Olympics and the Asia Biotech Conference in July, related sectors such as textiles, tourism, and biotech are expected to benefit from the business opportunities presented.
Source: YAHOO