Amkor Technology has been upgraded from a hold to a buy rating due to its strong growth prospects, low debt-to-equity ratio, and expanding global supply chain. The company has shown earnings improvement, opened a new facility in Arizona, and experienced rising demand across multiple business segments. Despite Fitch rating it just below investment grade, Amkor's valuation is considered fair relative to its fundamentals and future potential. This upgrade reflects confidence in Amkor's ability to capitalize on industry growth trends moving forward.
The global beadlets capsule market is projected to grow from $467.26 million in 2025 to $968.45 million by 2035, at a compound annual growth rate of 6.85%. Growth is driven by rising demand in pharmaceutical and nutraceutical sectors, fueled by advan...
Ether surged about 12% over the past week, leading major cryptocurrencies higher while Bitcoin held steady above $63,000, recovering from late June losses. This resilience in crypto prices contrasts with a stalling rally in AI and chip stocks and a s...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows last week, extending their losing streak to eight consecutive weeks, the longest since these ETFs began trading. Spot Ethereum ETFs also posted $13.67 million in outflows, reflecting ...
China, the world's largest crude oil importer, has significantly reduced its oil purchases, including from Iran, amid the ongoing Middle East conflict and a strategic shift towards green energy. In May, China's crude imports fell 29% year-on-year to ...
Bitcoin climbed to $63,700, its highest in two weeks, driven by a 2.7% weekend gain as traders prepare for a week packed with important U.S. economic data. The Federal Reserve's meeting minutes, the first under new Chairman Kevin Warsh, along with jo...
