Author: Divyadeep Singh

Why Remitly Global (RELY) Is Drawing Attention Now Remitly Global (RELY) is back on investor watchlists after a recent share price move, with the stock closing at US$16.02 and near term returns showing a mix of gains and pullbacks. See our latest analysis for Remitly Global. The recent 7 day share price return of 6.73% and 90 day share price return of 22.20% contrast with a 1 year total shareholder return of a 14.15% decline. This suggests momentum has picked up after a tougher year for…Read More

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The international smartphone market is bracing for a potential 31% slump in shipments over the coming year, a consequence of escalating memory chip costs fueled by the demand from AI hyperscalers, according to Jeffries. The firm noted a 70% quarter-on-quarter price surge in memory chips, driven by server-making companies’ increasing demand. The prices are projected to rise by an additional 50% in Q2 2026, Fortune reported on Wednesday. Edison Lee, the China Head of Tech & Apple at Jefferies, shaRead More

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