103997262
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The market once again speculated a rate cut by the Fed, as the US PCE inflation last month was in line, shoring up the DJIA by 654 pts or 1.6% last Friday (26th). The Hong Kong stock market opened higher this morning, echoing the external market. $Hang Seng Index (800000.HK)$ opened 175 pts or 1% higher at 17,196; $Hang Seng China Enterprises Index (800100.HK)$ opened 64 pts or 1.1% higher at 6,074; and $Hang Seng TECH Index (800700.HK)$ opened 48 pts or 1.4% higher at 3,491.
For techs, $BABA-W (09988.HK)$ and ...
For techs, $BABA-W (09988.HK)$ and ...
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103997262
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Goldman Sachs' upgrade on Shopify's stock rating and the increase in its price target fueled a surge in call options volume.
Shopify's stock rating was raised to buy from neutral, The Fly reported. Goldman noted the company's "significant technology moat" in e-commerce software as it boosted the price target to $74 from $67, according to the report. It cited Goldman's optimism that Shopify's investments will fuel mo...
Shopify's stock rating was raised to buy from neutral, The Fly reported. Goldman noted the company's "significant technology moat" in e-commerce software as it boosted the price target to $74 from $67, according to the report. It cited Goldman's optimism that Shopify's investments will fuel mo...
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