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SK Hynix Stock, Samsung Surge as Memory Frenzy Drives KOSPI Rebound
Barrons.com46d agobullish
SK Hynix Stock, Samsung Surge as Memory Frenzy Drives KOSPI Rebound

It followed a brutal tech rout in the previous session, which mimicked the chip-stocks selloff in U.S. markets where the tech-heavy finished 0.8% lower to end a holiday-shortened week. Trading was halted on the KOSPI Thursday as the slump triggered a sell-side regulatory halt, or “circuit breaker,” very early in the morning session for 15 minutes. The Seoul market is a hostage to the benchmark index’s two largest constituents—memory-chip titans SK Hynix and Samsung Electronics —and the pair again drove the recovery Friday, surging 10.9%, and 8.2%, respectively.

3 Market-Beating Stocks Worth Investigating
StockStory46d agobullish
3 Market-Beating Stocks Worth Investigating

The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital, and those that can maintain this trifecta year in and year out often become the legends of the investing world.

Rivian stock spikes following latest update
TheStreet46d agobullish
Rivian stock spikes following latest update

BNP Paribas has been one of the few Wall Street firms that is bearish on EV industry leader Tesla. Late last year, the firm initiated coverage with an underperform rating and a $280 price target. BNPP cited unrealistic goals and a bloated valuation as the reasons for the bearish outlook on the ...

Morgan Stanley (MS) Wins Conditional OCC Approval For A National Digital Asset Trust Bank
Simply Wall St.47d agobullish
Morgan Stanley (MS) Wins Conditional OCC Approval For A National Digital Asset Trust Bank

Morgan Stanley received conditional approval from the Office of the Comptroller of the Currency to establish a national digital asset trust bank. The new federally supervised entity is intended to offer digital asset custody and related services to institutional clients. The development marks an expansion of Morgan Stanley’s regulated crypto capabilities within the US banking framework. Morgan Stanley (NYSE:MS), which last closed at $213.93, is already a large player in global wealth...

Tesla beat the Street and was still punished. Here's why
Proactive47d agobullish
Tesla beat the Street and was still punished. Here's why

Tesla Inc (NASDAQ:TSLA) delivered 480,126 vehicles in the second quarter, a 25% jump on a year earlier and a decisive beat against a consensus of roughly 406,000. On any conventional reading, it was the rebound the company badly needed after a bruising start to the year. The stock fell about...

Does On’s Revenue Beat Signal Durable Brand Strength or Just Short-Term Momentum for ONON?
Simply Wall St.47d agobullish
Does On’s Revenue Beat Signal Durable Brand Strength or Just Short-Term Momentum for ONON?

In recent days, On Holding AG reported revenue that exceeded market expectations, reflecting stronger-than-anticipated demand across its athletic footwear and performance apparel offerings. This outperformance highlights how the company’s brand resonance and product mix are translating into higher sales levels than analysts had built into their models. We’ll now examine how this revenue beat, and what it suggests about On Holding’s demand profile, could influence its existing investment...

Charter (CHTR) Is In Talks With SpaceX On Consumer Mobile Partnership
Simply Wall St.47d agobullish
Charter (CHTR) Is In Talks With SpaceX On Consumer Mobile Partnership

Charter Communications (NasdaqGS:CHTR) is reported to be in executive-level talks with SpaceX about a partnership for consumer mobile services. The discussions focus on using Charter's ground internet infrastructure to support SpaceX's direct-to-cell mobile offering. The potential alliance could extend mobile coverage into more remote areas while adding new revenue opportunities for both companies. Charter Communications operates as a major cable and broadband provider in the U.S., with a...

VEON (VEON) Backs Bangladesh Digital Push And Expands Mastercard Fintech Partnership
Simply Wall St.47d agobullish
VEON (VEON) Backs Bangladesh Digital Push And Expands Mastercard Fintech Partnership

VEON (NasdaqGS:VEON) announced a sizeable anchor investment aimed at attracting additional foreign direct investment into Bangladesh’s digital and financial infrastructure. The company reported progress on digital infrastructure partnerships in Bangladesh and Kazakhstan, focused on advancing national connectivity and digital services. VEON also disclosed a new collaboration with Mastercard to roll out digital financial services and AI-powered solutions across several emerging markets. VEON...