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JPMorgan posts Q2 record profit as trading, investment banking revenue surge

JPMorgan Chase reported record second-quarter profit on Tuesday, helped by robust investment banking activity and a sharp jump in trading revenue as…
Stock

Figma stock forms a rare double-bottom pattern: is a rebound coming?

Figma stock has staged a modest comeback in the past few days, moving from a record low of $16.80 to the current…
Stock

IBM shares fall 23%: CEO says Q2 earnings fell short as customers spent more on AI

International Business Machines shares plunged more than 23% on Tuesday, marking their steepest single-day decline in decades after the technology company released…
Stock

Netflix stock has crashed ahead of earnings: a bargain or value trap?

Netflix stock has been in a sharp downtrend over the past 12 months, erasing billions of dollars in market capitalization. It dropped…
Stock

Why Apple sued OpenAI: everything to know about the AI trade secrets lawsuit

Apple’s decision to sue OpenAI marks one of the biggest legal confrontations yet in the artificial intelligence industry, transforming what was once…
Stock

Goldman Sachs stock forms a risky pattern ahead of earnings

Goldman Sachs stock has pulled back more than 6% from its year-to-date high and has gradually formed a risky chart pattern ahead…
Stock

DRAM: Here’s why this SK Hynix, Micron, Samsung ETF is falling today

The Roundhill Memory ETF (DRAM) slumped by over 8% in the pre-market session as the volatility in the industry escalated. It dropped…
Stock

BTIG says this semiconductor stocks index is flashing warning signs

The Philadelphia Stock Exchange Semiconductor Index (SOX) is exhibiting “severe” technical turbulence, signaling a potential drawdown of up to 17%, according to…
Stock

Dow rises as S&P 500 nears record, SK Hynix debut boosts AI chip stocks

US stocks ended higher on Friday, with the S&P 500 closing just shy of a record high as enthusiasm around artificial intelligence…
Stock

Top catalysts for South Korea’s Kospi Index this week

The Kospi Index is stuck in a local bear market after falling 21% from its year-to-date high. It ended the week at…
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