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09/02/2026
Spot gold fell below $4970 per ounce, rising by 0.13% intraday.
Latest
6 m ago
Morgan Stanley raises rating of China's three major airlines to overweight.
7 m ago
It has been reported that Samsung Electronics is soon to start mass-producing HBM4 storage chips for building artificial intelligence infrastructure, and as a result, the company's stock price has risen by 6.4%. According to the Korean news agency Yonhap, this South Korean tech giant plans to ship the semiconductor to the leader in artificial intelligence accelerators, Nvidia, as early as the third week of February. Industry sources suggest that these HBM chips will be used to power the upcoming Vera Rubin AI accelerator from the American company. Samsung's progress in high-bandwidth memory development indicates that it is narrowing the gap with domestic competitors. As of last Friday's closing, Samsung's stock price has risen by over 30% this year due to the increase in storage chip prices benefiting all major players in the industry. Samsung may also benefit from the rise in the US stock market related to data center construction and artificial intelligence. The four largest hyperscale companies plan to spend about $650 billion this year, driving Nvidia's stock price to rise by nearly 8% last Friday.
9 m ago
As Japanese Prime Minister Sanae Takai won a historic victory in Sunday's election, the Tokyo stock market soared significantly amid market expectations that the government will increase spending on key industries such as national defense and artificial intelligence. The Nikkei 225 index surged 5% at one point, setting a new record; the broader Topix index also rose 2.6% to reach a new high. Electronic products and bank stocks led the gains. Andrew Jackson, head of Japanese equities strategy at Ortus Advisors, wrote in a report that Takai's victory "far exceeded" initial expectations and "could open the floodgates for her expansionary policies." He expects stocks related to national defense such as Mitsubishi Heavy Industries, as well as aerospace, financial, and food-related stocks, to rise as Takai promises to increase security spending.
9 m ago
China Galaxy Securities: it is expected that the Hong Kong stock market will fluctuate and rise before and after the Spring Festival.
10 m ago
Shuanghuan Technology: Recently produced the first batch of products in the test base for the cathode materials of sodium-ion batteries.
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