Global Market - Angel One

Similarities to the Dot-Com Bubble The recent surge in US AI related stock prices, particularly in the technology sector, has evoked comparisons to the dot-com bubble of the late 1990s. This era witnessed a rapid rise in internet-related stocks, followed by a dramatic crash in early 2000. The current rally is fuelled by excitement over …

A $500 Billion Meltdown in the Semiconductor Market On Wednesday, Wall Street’s semiconductor index experienced a catastrophic loss of over $500 billion in stock market value, marking its worst session since 2020. This dramatic downturn was triggered by a report suggesting that the United States is considering implementing stricter export controls on advanced semiconductor technology …

Amazon’s Remarkable Stock Performance Shares of Amazon (AMZN) surged nearly 4% on Wednesday, closing at $193.61 and propelling the company to a market capitalization of over $2 trillion for the first time. This milestone makes Amazon the fifth U.S. company to reach this impressive valuation, joining tech giants like Apple, Microsoft, Nvidia, and Alphabet. Amazon’s …

IPO Filing Triggers Positive Investor Response Hyundai Motor India (HMIL), the Indian arm of South Korean auto giant Hyundai Motor Company, filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in June 2024. This DRHP outlined plans for an initial public offering (IPO) where HMIL would offer around …

In a notable development, the total market capitalization of all companies listed on the Bombay Stock Exchange (BSE) has once again surpassed Hong Kong, making India’s BSE the fourth largest equity market globally. Market Cap Comparison The market cap of BSE-listed companies stands at $5.19 trillion, slightly edging out Hong Kong’s $5.17 trillion. This positions …

Apple has once again claimed the crown as the world’s most valuable company, surpassing Microsoft in a significant market move. This milestone was reached on Wednesday when Apple’s shares surged over 2%, hitting $211.75 and elevating its market valuation to an impressive $3.25 trillion. In contrast, Microsoft’s market capitalization dropped to $3.24 trillion, marking the …

Record-Breaking Milestone On June 5, Nvidia achieved a significant milestone as its shares surged by 5.2%, closing at a record USD 1,224.40. This remarkable rise pushed the chip maker’s market value above USD 3 trillion, allowing it to surpass Apple and become the second-largest company in the US market, with Microsoft retaining the top spot. …

Nvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. It is a software and fabless company that designs and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing as well as system-on-a-chip units (SoCs) for the mobile computing and …

Apple announced first-quarter revenue of USD 90.8 billion, down 4% compared to the same period last year, indicating ongoing growth challenges, especially in China. The tech giant’s net income dropped to USD 23.6 billion from USD 25 billion the previous year. CEO Tim Cook cited the global economic climate and rising competition as contributing factors. …

Elon Musk is no stranger to making headlines, but this time it’s not about rockets or electric cars. The Tesla CEO recently postponed his much-anticipated trip to India, citing “very heavy Tesla obligations.” However, the timing is curious, given that Tesla is about to announce its quarterly results, addressing challenges like competitive pressure from Chinese …