financials
Coverage of financials in the Nexus archive.
- Mainland China markets follow US in embracing tech stock dominance
Mainland China’s stock markets are aligning with US markets in tech stock concentration, with technology stocks now representing 27% of the CSI 300 Index—double the weight from a year ago and the largest sector in the benchmark.
- Micron’s stock is still dirt cheap. Some analysts say that’s about to change.
Micron’s stock remains low, but analysts anticipate an improvement due to new long-term customer agreements that may enhance financial predictability and address sustainability concerns.
- OpenAI's leaked financials reveal soaring losses as it prepares to go public
OpenAI's leaked financials show a $34 billion expenditure against $13 billion in revenue last year, resulting in significant year-over-year losses as the company prepares for an initial public offering.
- Dow soars 900 points to all-time high, while chipmaker Broadcom sends tech sector stumbling
The Dow Jones Industrial Average rose 900 points to an all-time high, driven by gains in UnitedHealth and financial sector stocks. Meanwhile, chipmaker Broadcom contributed to a decline in the Nasdaq as the tech sector underperformed.