Daily Archives: April 26, 2024
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Snap surged 24% before the market opened. Q1 results exceeded expectations and Q2 guidance beat expectations.
Gelonghui April 26 | Snap, the parent company of the communication app that burns after reading, surged 24.12% to US$14.15 before the market opened.
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TSMC rose more than 1% before the market opened, system-level wafer technology will usher in a major breakthrough
Gelonghui April 26 | TSMC (TSM.US) rose 1.3% to US$138.36 before the market opened.
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Microsoft rose more than 3.8% before the market opened. Q1 results exceeded expectations. AI boosted cloud revenue to accelerate growth.
Gelonghui April 26 | Microsoft (MSFT.US) U.S. stocks rose more than 3.8% before the market opened, at $414.31
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Intel fell more than 7% before opening, Q2 revenue outlook lower than expected
Gelonghui April 26 | Intel (INTC.US) fell more than 7% to US$32.42 before the market opened.
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China\’s new energy vehicle stocks rose before the market opened. The Beijing International Auto Show is in full swing.
Gelonghui, April 26 | China New Energy Automobile stocks all rose before the market opened, with Xpeng Motors (XPEV.US) rising by more than 8%, Li Auto (LI.US) rising by more than 7%, and NIO (NIO.US) ) rose more than 6%
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Bank of Japan holds firm as expected, yen fluctuates sharply
The Bank of Japan kept interest rates unchanged at the end of a two-day policy meeting while simplifying bond purchases and policy language, pushing the yen to a 34-year low.
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Barclays: The U.S. dollar is expected to benefit from global fund managers’ end-of-month rebalancing buying
Barclays foreign exchange strategists said the dollar is expected to be supported by strong buying interest in the end-of-month rebalancing of global fund managers\’ portfolios for the first time since November.
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JPMorgan\’s trading desk says U.S. stocks are ripe for further gains
A JPMorgan indicator is sending a resounding buy signal on U.S. stocks after hitting a threshold that typically leads to above-average gains.
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JNK India IPO oversubscribed over 28 times, receives strong investor interest
The initial public offering of heating equipment maker JNK India Ltd was subscribed over 28 times.
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Nifty could reach 25,810 if NDA government returns, says Prabhudas Lilladher
Prabhudas Lilladher, one of the leading broking firms, expects the equity market to turn cautious in the run-up to the second phase of the General Election and give up some gains closer to the polling date.