The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond.SeongJoon Cho | Bloomberg | Getty ImagesAsia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500Nasdaq Composite reach new record highs.Investors assessed trade data out of South Korea, which showed a trade surplus of $6.7 billion in September, up from $3.7 billion in the previous month.South Korea’s Kospi opened 0.05% higher, while the small-cap Kosdaq was up 0.4%.Australia’s S&P/ASX…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAdam Turnquist. LPL FInancial chief technical strategist, joins ‘Fast Money’ to talk what’s ahead for the financial sector and the technical analysis on Nvidia. Source link
The S&P 500 and Dow Industrials rose to fresh records on Monday. Here’s what CNBC is watching going into Tuesday. Source link
NEW YORK — It all looked kinda familiar, almost as if we’d seen it before …There they were, that where’d-they-come-from wild-card team dancing and hugging in the infield, as fireworks popped and 44,000 people obliterated what was left of their vocal cords …While across the field, but in another universe, those famous dudes from that latest, fallen 95-win behemoth sat frozen in their dugout, trying to process The End of their World Series dreams …Yep, we’ve seen that one before. And we saw it again last Wednesday at Citi Field, as the Mets were sending the mighty Phillies off to the driving…
Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Investment bank Stifel examined both stocks and found that one has significant upside amid a fiercely competitive “winner-takes-all” market. Shares of both companies are traded in the U.S. and across Europe. DHER-DE JET-GB 5Y line The online food delivery industry has dramatically transformed over the past decade, with companies pursuing aggressive growth strategies to gain market dominance. Stifel noted that this approach, dubbed “Blitzscaling,” aimed to create “first-scaler advantages” by reaching critical mass and generating positive feedback loops…
‘Fast Money’ trader Tim Seymour joined SNY’s ‘SportsNite’ to ‘chart’ the Mets 2024 run. Source link
The popularity of anime — or animation produced in Japan — has boomed in recent years, and several global entertainment companies are leading in, according to Jefferies. “Many companies are now positioning anime-related businesses as core to their growth strategies,” the investment bank’s analysts said in an Oct. 9 equity research note. The key driver, they said, is overseas expansion. “The size of the overseas market has expanded rapidly over the past 10 years at a CAGR (compound annual growth rate) of 20%, and since Covid-19, it has grown to the same size as the Japanese market,” the analysts explained.…
By Brendan Marks, Justin Williams and Mark CooperFor the second consecutive season, Kansas will begin the year as the No. 1 team in men’s college basketball. This time, the Jayhawks hope to stay there.Kansas received 30 of 60 first-place votes to top the preseason AP Top 25 on Monday, putting it narrowly ahead of No. 2 Alabama (14 first-place votes) and two-time defending champion Connecticut, which was ranked third. The Huskies received 11 first-place votes.Houston (four first-place votes) and Iowa State rounded out the top five. Gonzaga, which received one first-place vote, was sixth, followed by Duke, Baylor, North Carolina…
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty ImagesDow Jones Industrial Average futures are near flat Monday night after the blue-chip index closed at a record.Futures tied to the 30-stock average added 43 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures also both traded near their flatlines.Those moves come after a winning day on Wall Street that propelled the S&P 500 and Dow to new intraday highs and record closes. Notably, the Dow added more than 200 points to finish above the 43,000 mark…
Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner’s dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump’s on-paper net worth.The recent DJT surge came as multiple online election betting markets appeared to show betting odds shifting in Trump’s favor, after weeks of tilting toward the Democratic nominee, Vice President Kamala Harris.Monday’s surge also coincided with Trump Media’s launch of a new site for its TV streaming app, Truth+.Trump Media was trading above $30 per share at its intraday peak, and closed at $29.95.The stock has experienced a…
