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Asian shares are mixed as chipmaker shares rally in Tokyo and Seoul
Associated Press13d agobullish
Asian shares are mixed as chipmaker shares rally in Tokyo and Seoul

Asian shares were trading mixed on Monday, with benchmarks in Tokyo and Seoul leading gains thanks to buying of computer chipmakers' stocks. Japan's benchmark Nikkei 225 added 1.7% to 66,104.93, while South Korea’s Kospi jumped 3.3% to 6,907.53. Shares in Samsung Electronics jumped 4.5% and memory chipmaker SK Hynix surged 6.2%.

NetApp Raised Guidance as Ciena’s Revenue Jumped 37%. Are AI Networks and Storage Finally Converting Into Earnings?
Insider Monkey15d agobullish
NetApp Raised Guidance as Ciena’s Revenue Jumped 37%. Are AI Networks and Storage Finally Converting Into Earnings?

NetApp and Ciena delivered unusually strong results within a day of each other. NetApp’s fiscal Q1 revenue rose 30% to $2.03 billion, all-flash array sales grew 47% to $1.3 billion, and management raised full-year guidance. Ciena’s fiscal Q3 revenue climbed 37% to $1.67 billion, while adjusted earnings per share rose 215% to $2.11. NetApp, Inc. […]

Fed Fears Overpower Chip Jump, Sending Stock Market Lower
Barrons.com15d agobullish
Fed Fears Overpower Chip Jump, Sending Stock Market Lower

Stocks slipped on Friday, as worries mounted that the Federal Reserve will hike rates later this month. Chip stocks were a bright spot with the PHLX Semiconductor Index rising 3.4%, but it wasn't enough to offset broader market weakness. Odds that the Fed will raise rates rose to 58% after the August jobs report was released Friday, according to the CME FedWatch tool.

Coinbase Slides as Hot Jobs Report Dents 10% Rally
Benzinga Prediction Markets15d agobullish
Coinbase Slides as Hot Jobs Report Dents 10% Rally

Coinbase Global Inc. (NASDAQ:COIN) shares fell roughly 4% Friday, eroding part of Thursday’s 10.1% surge after a stronger-than-expected jobs report revived bets on a Federal Reserve rate hike and knocked Bitcoin (CRYPTO: BTC) below $80,000. The stock closed at $192.70...

Planet Labs Rallies 10% as Record Revenue Overrides Soft Q3 Guidance
24/7 Wall St.15d agobullish
Planet Labs Rallies 10% as Record Revenue Overrides Soft Q3 Guidance

Planet Labs (NYSE:PL) stock is rallying 10% to $20.10 in early Friday trading after the Earth-observation company posted a record Q2 FY2027 revenue beat that overshadowed a softer third-quarter revenue outlook. The reversal stands out because the stock closed at $18.35 on Thursday, falling 8% into the report. Planet Labs stock was up 185% over […]

Yields Climb After Jobs Data Beats Expectations
The Wall Street Journal15d agobullish
Yields Climb After Jobs Data Beats Expectations

Treasury yields are climbing after a hotter-than-expected jobs report that analysts said increases the chances the Federal Reserve will lift short-term rates at its next meeting. The 2-year yield, which often rises and falls with traders' expectations for short-term rates set by the central bank, was recently trading around 4.