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Asian shares showed mixed results following a record-setting day for the Nasdaq, as investors await the Federal Reserve's interest rate decision. Tokyo's Nikkei 225 rose 0.2%, buoyed by technology stocks, while Chinese markets declined amid disappointing economic data. South Korea's Kospi fell 1% amid political turmoil, while Australia's S&P/ASX 200 gained 0.8%. The Fed is expected to cut rates for the third consecutive time, with projections for future rate changes and economic indicators to be revealed post-meeting.
AMD's stock has seen significant growth over the past decade, rising 5,110% as it gained market share against Intel and Nvidia. Despite a flat performance in the last year due to a cooling PC market, AMD's revenue is expected to rise 22% year-over-year in Q4, driven by its expanding data center business and new product launches. Analysts project strong growth for 2025, making AMD an attractive investment compared to its competitors.
Asian shares fell as China reported disappointing economic data for November, while bitcoin surged to new highs, exceeding $106,000. Japan's Nikkei 225 and Hong Kong's Hang Seng both declined, reflecting broader market unease ahead of the U.S. Federal Reserve's upcoming meeting, where further interest rate cuts are anticipated. Oil prices also dropped, with U.S. crude at $70.82 per barrel.
Asian shares fell on Monday following disappointing economic data from China, with retail sales slowing and factory output growth flat. Meanwhile, bitcoin surged to new highs, surpassing $106,000, driven by optimism over a lighter regulatory approach under U.S. President-elect Donald Trump. In the stock market, Japan's Nikkei 225 dipped 0.1%, while Hong Kong's Hang Seng lost 0.8%. The S&P 500 ended nearly flat, marking its first weekly loss after three consecutive gains, despite a significant rise in Broadcom's shares following strong earnings.
Shutterstock, with a stock price of $31.90 and a PE ratio of 31, has recently acquired Envato, enhancing its offerings. The company is experiencing growth, particularly in its data business, which has surged 40% year-to-date, benefiting from AI licensing deals worth $238 million. As AI adoption accelerates, companies like Nvidia and Taiwan Semiconductor are positioned for significant growth, with Nvidia's stock reflecting a high PE ratio of 52 and an impressive EPS growth outlook of 48.9%.
TSMC, Broadcom, and AMD are positioned as strong long-term investments in the semiconductor market, with TSMC expected to grow revenue by nearly 30% in 2024, driven by AI demand. Broadcom's AI chip sales surged, while AMD anticipates significant growth as the PC market stabilizes. Analysts project robust earnings growth for all three companies, highlighting their resilience amid market fluctuations.
UBS predicts that AI will evolve into a trillion-dollar industry by the decade's end, driven by significant investments from major tech firms. The bank advises investors to diversify their portfolios by adjusting AI allocations, investing in supporting infrastructure, and balancing large companies with emerging players, while being cautious of risks in private markets. Key sectors poised for growth include healthcare, cybersecurity, and fintech, alongside rising energy demands due to AI's intensive nature.
The Global Bromhexine Tablet market is projected to grow from USD 875.5 million in 2023 to USD 1,131.7 million by 2032, with a CAGR of 3.7% from 2024 to 2032. This growth is driven by the rising prevalence of respiratory disorders and increasing demand for expectorants. Key players include Sanofi, Teva, and Boehringer Ingelheim, with market segmentation covering applications, types, and distribution channels across various regions.
Stocks ended little changed on Friday, with the S&P 500 and Dow posting weekly losses, marking the Dow's longest losing streak since February 2020. Broadcom surged 24% to surpass a $1 trillion market cap, driven by a bullish AI sales forecast, while Tesla hit a record high. The Dow struggled amid a significant drop in UnitedHealth shares following the CEO's fatal shooting, as economic data suggests a potential rate cut from the Federal Reserve next week.
Dow Jones, S&P 500, and Nasdaq futures showed little change after hours, with Broadcom and Costco reporting earnings. Broadcom's results indicated a potential breakout, while Arm Holdings flashed a buy signal. The stock market rally faced modest losses, particularly among small caps, as the Nasdaq remains near record highs despite a decline in major tech stocks like Nvidia and Adobe.
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