As Lumentum gears up for earnings, here’s a sign the optical trade is clawing back
A photonics-themed ETF saw better demand in its first trading day than a popular memory ETF did at the same point in its life cycle.
A photonics-themed ETF saw better demand in its first trading day than a popular memory ETF did at the same point in its life cycle.
ING economists Deepali Bhargava and Lynn Song warn that upside inflation risks are re-emerging for the Philippine Peso (PHP), driven by recovering Oil prices and expectations of a strong El Niño that could spark a food-price shock. Rising global rice and fertiliser prices add to pressures. They expect another 50bp of tightening in 2026, but…
There aren’t any major expiries to take note of on the day, with the full list seen below. The market mood as we look towards European trading later is more defensive with all eyes on the rout in tech shares. It is a bloodbath in Asia and while European indices may not be as tech…
Today’s Change (8.39%) $1.86 Current Price $24.03 Key Data Points Market Cap $11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary. Day’s Range $21.89 – $24.14 52wk Range $20.46 – $48.78 Volume 37.7M Avg Vol 12.9M Gross Margin 41.79% DraftKings (DKNG…
Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw the future clearly. In a sprawling, 165-page essay that became required reading in Silicon Valley, the former OpenAI researcher positioned himself as a kind of prophet for the coming age of artificial super…
US and the UK planning on having a meeting on protecting shipping in the Strait of Hormuz !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Commerzbank’s Dr. Henry Hao argues China’s housing market remains in structural stagnation five years after the Evergrande crisis. National prices follow an L-shaped path, with a K-shaped divergence between Tier-1 and lower-tier cities. Weak demand, tighter funding and demographics mean real estate will no longer be China’s primary growth engine as Beijing redirects capital to…