Previous close | 4.00 |
Open | 5.50 |
Bid | 5.25 |
Ask | 5.45 |
Strike | 120.00 |
Expiry date | 2024-01-19 |
Day's range | 5.50 - 5.64 |
Contract range | N/A |
Volume | |
Open interest | 1.53k |
(Bloomberg) -- Taiwan’s weakening economic outlook could spell the end of a rally for the island’s currency as investors reassess optimistic wagers on China’s reopening and a recovery in global demand for semiconductors.Most Read from BloombergChina Moves From Contrite to Confrontational Over US BalloonDeadly Earthquake Rips Across Turkey-Syria BorderUS Downs Chinese Balloon, Prompting Protests from BeijingTrump Offers $1 Million Bond to Appeal Clinton Suit SanctionsUS Moves to Recover Chinese B
It might not be a case of going from zero to hero, but the tech sector is rebounding smartly in 2023 following its drubbing last year. As investors shifted to more defensive positions, the sector tumbled hard, and many previous highfliers were in the dumps. Sure, the new year is just one month old, but the gains are a welcome reprieve for many investors.
First is cybersecurity firm CrowdStrike (NASDAQ: CRWD). Most businesses' cybersecurity solutions must be beefed up in the coming years, and CrowdStrike will significantly benefit from this spending wave. CrowdStrike also converts a high percentage of its revenue into free cash flow (FCF), posting a 30% margin in Q3 FY 2023 (ending Oct. 31).