24/06/2024
Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms

Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms

Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms The price of gold is holding firm above $2,300, rebounding from $2,315 as the US […]
15/06/2024

The Dutchman Bringing Nike and Lego to Wartime Russia

The Dutchman Bringing Nike and Lego to Wartime Russia By Tassilo Hummel, Gleb Stolyarov, Polina Nikolskaya, and David Gauthier-Villars Nike (NYSE:NKE) halted its sales to Russia […]
23/05/2024
NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies

NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies

NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies NVIDIA has reported an unprecedented quarterly revenue of $26 billion for Q1 2024, an increase […]
26/04/2024
Alphabet and Microsoft Earnings Surge; Key PCE Data on the Horizon: Market Movers

Alphabet (Google) and Microsoft Earnings Surge; Key PCE Data on the Horizon: Market Movers

U.S. Stock Market Set to Rally on Earnings and Inflation Data As the week draws to a close, U.S. stock market futures are showing positive movement, […]
25/04/2024
Google invests $640 million in new data centre in Netherlands

Google invests $640 million in new data centre in Netherlands

Google Announces $641 Million Investment in New Dutch Data Center AMSTERDAM – Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL), has committed to investing 600 million euros […]
24/04/2024
IBM Reports Mixed Q1 Earnings, Announces HashiCorp Acquisition; Stock Declines

IBM Reports Mixed Q1 Earnings, Announces HashiCorp Acquisition; Stock Declines

IBM Reports Q1 2024 Earnings Beat, Plans $6.4 Billion HashiCorp Acquisition; Shares Dip in After-Hours IBM (NYSE: IBM) has outperformed earnings expectations for the first quarter […]
24/04/2024
Meta Platforms Forecasts Lower Q2 Revenue Amid Increased AI Investment Plans

Meta Platforms Forecasts Lower Q2 Revenue Amid Increased AI Investment Plans

Meta Platforms Adjusts Revenue Expectations Amid AI Investment Surge Meta Platforms announced on Wednesday a revision in its revenue forecast for the second quarter, projecting lower-than-expected […]
23/04/2024
Visa Card Surpasses Earnings and Revenue Forecasts for Q2, Shares Jump

Visa Card Surpasses Earnings and Revenue Forecasts for Q2, Shares Jump

Visa Inc. (NYSE:V) experienced a notable increase of over 3% in its share price during post-market trading on Tuesday. This surge came following the company’s announcement […]
22/04/2024

Stock Market Update: S&P 500 Gains Momentum with Tech Sector Surge Ahead of Major Tech Earnings

Tech Stocks Fuel S&P 500 Surge; Key Earnings on the Horizon Monday witnessed a robust rebound in the S&P 500, driven by a resurgence in technology […]
20/04/2024

Five Key Market Trends to Monitor This Coming Week – NASDAQ

Upcoming Economic Indicators and Tech Earnings to Shape Market Trend As the momentum of the recent rally in U.S. stocks begins to wane, driven by concerns […]
09/04/2024
Australian billionaire Rinehart's firm takes stake in US miner MP Materials

Australian billionaire Rinehart’s firm takes stake in US miner MP Materials

(Reuters) – MP Materials announced that Hancock Prospecting, a mining company owned by Australian billionaire Gina Rinehart, has acquired a 5.3% stake in the company, further […]
30/03/2024
Powell speech: PCE inflation in line with expectations, no hurry to cut rates

Powell speech: PCE inflation in line with expectations, no hurry to cut rates

Federal Reserve Chair Jerome Powell participates in a discussion at the Macroeconomics and Monetary Policy Conference, in San Francisco. Key quotes: My first thought on PCE […]
30/03/2024
Investors eye Fed rate cut, earnings as key to sustaining market rally

Investors eye Fed rate cut, earnings as key to sustaining market rally

NEW YORK (Reuters) – After an impressive start to the year for stocks, investors are bracing themselves for potential challenges in the second quarter as they […]
28/03/2024
Brazil central bank's June decisions will be more data dependent, says governor

Brazil central bank’s June decisions will be more data dependent, says governor

BRASILIA (Reuters) – Brazil’s central bank is facing uncertainty regarding its policy decisions at the upcoming June meeting, with governor Roberto Campos Neto stating on Thursday […]
28/03/2024
Torrid’s (NYSE:CURV) Q4 Sales Beat Estimates, Stock Jumps 22.4%

Torrid’s (NYSE:CURV) Q4 Sales Beat Estimates, Stock Jumps 22.4%

Torrid Holdings (NYSE: CURV), a retailer specializing in women’s plus-size apparel, reported its Q4 CY2023 results, exceeding analysts’ expectations in several key areas. While revenue for […]
25/03/2024
Luxury EV maker Lucid to raise $1 bln from Saudi's PIF affiliate

Luxury EV maker Lucid to raise $1 bln from Saudi’s PIF affiliate

March 25 (Reuters) – Lucid (LCID.O) announced on Monday that it is securing $1 billion in funding from a subsidiary of Saudi Arabia’s Public Investment Fund […]
25/03/2024
Small investor group seeks seat on Telecom Italia's revamped board

Small investor group seeks seat on Telecom Italia’s revamped board

MILAN, March 25 (Reuters) – ASATI, an association representing small investors in Italian telecommunications company Telecom Italia (TIM) (TLIT.MI), announced on Monday its submission of a […]
25/03/2024
Asian stocks skittish ahead of data packed-week, Japan’s Nikkei falls

Asian stocks skittish ahead of data packed-week, Japan’s Nikkei falls

Most Asian stocks traded within a flat-to-lower range on Monday, reflecting cautious sentiment ahead of key economic indicators scheduled for release this week. Japan’s Nikkei 225 […]