Tech stocks lost momentum on Tuesday as investors took profits in semiconductor names following a record quarter for Samsung (005930.KS). Shares in the memory chip giant fell by nearly 7% in Seoul after it delivered a 19-fold jump in operating profit. Despite Samsung’s impressive results, the run-up in its profits and stock this year led…
Tech stocks were mixed on Friday, ahead of Korean memory chip maker SK Hynix’s debut on the Nasdaq. Chip stocks rose in early trading after selling off earlier this week, while Meta rose more than 5% after CEO Mark Zuckerberg told Bloomberg that he is looking at selling the company’s excess computing capacity. Elsewhere, the…
Silver (SI=F) September futures opened at $62.92 per ounce on Monday, July 6, 2026, 3% higher than Friday’s closing price of $61.06. The price of silver moved just lower this morning to $62.63 by 8:28 a.m. ET. The price of silver moved up following Thursday’s June jobs report. Analysts expected the economy to add over…
Frankfurter Leben is preparing an offer for Athora Holding’s business in Germany, reported Bloomberg, citing sources. The German unit is also attracting interest from IKAV, an asset manager, the sources said. The latest suitor is a life insurance run-off specialist controlled by Fosun International. Final-round bids from both parties are expected soon, the sources said,…
Seven core members of OPEC+ agreed Sunday to raise collective output targets by 188,000 barrels per day starting in August, marking a fifth consecutive monthly increase as the group continues rolling back production cuts introduced in 2023. The countries involved are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, OPEC said in a statement….
Gold (GC=F) August futures opened at $4,187.50 per troy ounce on Monday, July 6, 2026, up 1.5% from Thursday’s closing price of $4,125.70. As of 8:10 a.m. ET, the price of gold was down to $4,165.80. Gold prices moved upward following the latest jobs report last Thursday. Analysts expected the economy to add well over…
By Anushree Mukherjee July 6 (Reuters) – Oil prices fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. Brent crude futures fell 23 cents, or 0.32%, to $71.89 a barrel at 1140 GMT…
By Wayne Cole and Harry Robertson SYDNEY/LONDON, July 6 (Reuters) – U.S. futures ticked higher and European stocks traded near record highs on Monday as the potential for increased energy supplies pulled down oil prices, while investors awaited a crucial earnings season for the AI sector. While there were no new developments in the fractious…
Summary The markets soared in the first half of 2026, with the S&P 500 up 9%. Can the momentum continue? At Argus, we think the bull still has some life. In fact, in our “base case” for the second half of the year, we see the S&P 500 gaining another 5%-7%. We also have a…
Summary We have different ways of looking at market valuations. Most are signaling that stocks are reasonably valued, but not bargains. Our asset-allocation model, the Stock/Bond Barometer, suggests that the two major portfolio asset classes are near parity for valuation. The model goes back to 1960 and takes into account the likes of real-time price…
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