Tag: #stocks

KOSPI Rockets 5.8% as U.S.-Iran Two-Week Ceasefire Eases Oil Fears

Seoul’s KOSPI surged 5.8% after a U.S.-Iran two-week pause in fighting drove oil prices lower and strengthened the won, triggering a broad relief rally.

#southkorea, #kospi, #oil, #iran, #stocks

NIO Posts First-Ever Quarterly Profit as China’s EV Price War Intensifies

NIO reports its first quarterly net profit, driven by higher deliveries, richer mix and cost cuts—though full-year losses and a strained balance sheet persist.

#nio, #electricvehicles, #china, #earnings, #stocks

S&P 500 Briefly Tops 7,000 as Big Tech and AI Tighten Grip on U.S. Stocks

The S&P 500 briefly crossed 7,000 for the first time, highlighting how a handful of AI and tech giants are driving gains as the Fed stays on hold.

#sp500, #stocks, #bigtech, #ai, #federalreserve