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Stock market rally that shocked everyone is broadening beyond tech
'We're a little bit more optimistic about the economy than we were three and four months ago.'
July 02, 2023
Tech
Apple eyes historic US$3 trillion valuation amid big tech surge
Apple briefly rose above the US$3 trillion level in early 2022 but it failed to close above it
June 30, 2023
Company in the news
Grab Holdings retires US$600 mil in 2026 debt with extra cash
Shares of Grab are down 2.5% this year, trailing a 12% increase in the Nasdaq Composite Index.
March 07, 2023
Tech
Tech stocks' big day tarnished as Microsoft, Alphabet disappoint
It’s an about-face for the group after the Nasdaq 100 Index jumped to its highest level in a month during regular trading.
October 26, 2022
Tech
US tech stocks face another 10% drop or more as strong dollar hits profits
Tech’s earnings are projected to lag the S&P 500 in the third and fourth quarters.
September 26, 2022
IPO
Euda seeks Nasdaq listing via spac to gain better opportunities in healthcare market
Euda Health is listing on Nasdaq to revolutionise the traditional healthcare industry.
June 15, 2022
Global Markets
A cathartic and healthy correction for US tech?
There is ongoing digital transformation strength even in the face of macro pressures.
June 09, 2022
US stocks
After meltdown, tech-bottom signals have yet to scream 'buy now'
"It’s hard to be patient when there's been so much carnage. But the pain should end, possibly soon."
May 22, 2022
Results
Grab narrows loss by 35% to US$435 million in 1QFY2022
Revenue in 1QFY2022 stood at US$228 million, a 6% growth y-o-y and 87% growth q-o-q.
May 19, 2022
Global Markets
U.S. Stocks Extend Losses in Late Session Selloff: Markets Wrap
Nasdaq and S&P500 continued to fall on Monday May 16
May 17, 2022