The correlation between bitcoin and a US tech stock indicator has hit a two-year high, suggesting that the stock market's reaction to US inflation data due later on Wednesday could set the tone for digital tokens. Data compiled by Bloomberg shows a 30-day correlation coefficient between the largest cryptocurrency and the Nasdaq 100 index of about 0.70. A correlation coefficient of 1 indicates that the asset is moving in the same direction, and a negative 1 indicates that the asset is moving in t...
U.S. technology stocks were generally higher, with NVIDIA (NVDA. O) and Dell (DELL. N) rising more than 3 percent, TSMC (TSM. N) and Amazon (AMZN. O) rising about 2 percent, and Google (GOOG. O) rising 1.7 percent.
Hong Kong technology stocks trend differentiation, Baidu (09888.HK), Kuaishou (01024.HK) fell more than 3%, Tencent Holdings (00700.HK) rose more than 3%, China Literature Limited (00772.HK) rose nearly 2%.
On November 5th, Hong Kong stocks opened lower and higher today. The Composite Index fell more than 1% in early trading, and the Hang Seng Index closed up 2.14% at 21006.97 points. The Hang Seng Technology Index closed up 3.57% at 4693.85 points. As of today's close, the turnover of the Hang Seng Index was 169.91 billion Hong Kong dollars. On the plate, technology stocks were good, Apple concept stocks led the rise, Chinese brokerage stocks and insurance stocks rose, food and beverage stocks ros...
The data shows that some major tech stocks are more volatile than bitcoin. Tesla's stock topped the volatility list with 24% volatility in October, followed by AMD's 16% and Nvidia's 12%, both exceeding bitcoin's 11% volatility range. However, some tech giants are also less volatile than bitcoin. For example, Intel's price volatility is 9%, Meta and Microsoft's price volatility remains around 8%, Amazon's volatility is 7%, Google's is 6%, and Apple's stock is the most stable, with volatility jus...
On October 14, the Nasdaq 100 index rose to 1%, setting a new high since July 16. Arm (ARM. O) rose more than 5%, Adobe (ADBE. O), ASML (ASML. O), NVIDIA (NVDA. O) rose more than 3%.
On October 5th, the US stock market closed, and the three major stock indexes initially closed up. The Dow rose 0.81%, the S & P 500 index rose 0.87%, and the Nasdaq index rose 1.22%. The cryptocurrency concept sector was the top gainer. Star technology stocks and popular Chinese stocks generally rose, AMD (AMD. O) rose about 5%, Tesla (TSLA. O) rose nearly 4%, Miniso (MNSO. N) rose 8.65%, and JD.com (JD. O) rose more than 5%.
Most of the star technology stocks in the United States rose. Intel (INTC. O) rose more than 5%, NVIDIA (NVDA. O) rose 3%, and AMD (AMD. O) Micron Technology (MU. O) rose more than 1.5%. (Golden Ten)
1. Goldman Sachs: Hedge funds increase their selling of large US technology stocks. 2. Citi: The deterioration of the geopolitical situation in the Middle East has led to a rise in oil prices. 3. Deutsche Bank: It is recommended to short the US 10-year Treasury bond because of the resilience of the labor market. 4. Goldman Sachs: It is expected that the S & P 500 index will hit a new high this week, or trigger the market FOMO sentiment. 5. UBS: The narrowing of the US-Swiss interest rate spread ...
On August 26th, the Hong Kong Hang Seng Index closed up 1.06% at 17798.73 points. The Hang Seng Technology Index closed up 0.98% at 3502.96 points. As of today's close, the Hang Seng Index's market turnover 83.586 billion Hong Kong dollars. On the disk, the Federal Reserve's interest rate cut expectations drove real estate stocks higher, automobile stocks, technology stocks were strong throughout the day, pharmaceutical stocks were higher; high-speed rail infrastructure stocks fell. In terms of ...
The investment firms of George Soros and Stanley Druckenmiller cut their holdings in the tech "Big Seven" long before this year's booming tech rally turned into a sharp decline in mid-July. Soros Fund Management sold some of its Alphabet holdings totaling $58 million, and about $15 million in Amazon stock, according to regulatory filings in the three months to June. Druckenmiller was one of the investors who sold off Nvidia. Enthusiasm for artificial intelligence companies has accompanied the ch...
Star technology stocks continued their gains, with Tesla (TSLA. O) up more than 6 percent, Amazon (AMZN. O) up more than 3 percent, and NVIDIA (NVDA. O) up 2.3 percent.
U.S. stocks continued their gains, with the Nasdaq index rising more than 3 percent. Among the star technology stocks, NVIDIA (NVDA. O) rose 6.5 percent, and Qualcomm (QCOM. O) and AMD (AMD. O) rose 5.8 percent.
Hong Kong technology stocks generally lower, Alibaba (09988.HK) fell more than 2%, Baidu (09888.HK) fell 3.71%, JD.com (09618.HK) fell nearly 4%.
July 13 news, U.S. stocks closed on Friday, the Dow preliminary closed up 0.62% or 248 points, the S & P 500 index rose 0.55%, the Nasdaq rose 0.63%. Star technology stocks rebounded, Intel (INTC. O), Tesla (TSLA. O) rose nearly 3%, NVIDIA (NVDA. O) rose 1.44%. The Russell 2000 small-cap index extended its gains, closing up 1.09%. Nasdaq China Golden Dragon index closed up 0.59%, NIO (NIO. N) rose 3.95%. The U.S. stock earnings season kicked off, with banks performing differently. Wells Fargo (W...