Nvidia Steals the Spotlight Nvidia with a 7% bump after a stellar quarter that surpassed Wall Street’s predictions, it’s no wonder investors are buzzing. Plus, they’re not just looking good now; they’ve got their eyes on the horizon, forecasting a whopping 170% sales leap! Delivering $2.70 per share, they left the $2.09 analysts’ guess in…
Roark Capital has bagged itself as a sandwich giant, bringing Subway into its fold and ending over 50 years of the chain’s family reign. This marks a fresh chapter for Subway, which has seen its fair share of challenges. The buzz about Subway’s sale started making the rounds in February, and they had a hefty…
In a recent rendezvous in Johannesburg, Brazil’s President threw a curveball. He pitched for a collective BRICS trade currency to minimize the dollar’s whimsy dance on their economies. Yep, that’s Luiz Inacio Lula da Silva for you, always mixing it up. Now, why’s Lula batting for this? Simple. If you’re not trading in dollars, why…
Michael Burry, played by Christian Bale in the movie ‘The Big Short’, is putting his money on another financial disaster. A man who was the subject of the movie “The Big Short “, after he correctly predicted the housing market’s collapse in 2008, indicated that a Wall Street crash would occur before the end of the year….
As its growth slows, China’s prospects are still being determined. We should be thankful that the changes aren’t sudden,The Chinese economy is experiencing an upswing. Its growth is lagging, and its housing bubble has wholly ruptured. The unemployment rate is increasing.What do you suggest? Every country experiences difficult times where past excesses get caught up…
TOKYO, The exports of Japan decreased in July for the first time in more than two years, brought down by sluggish demand for chip-making and light oil equipment, highlighting concerns over the possibility of a global recession as demands for key markets such as China declines. Japanese exports declined by 0.3 percent in July year-on-year,…
The price of gold (XAU/USD) has been battling with the vital support of $1,900 as investors wait for minutes from the Federal Open Market Committee (FOMC) minutes to get guidelines on inflation and the rate of interest at its peak. The precious metal can still get offers from investors since the US Dollar and Treasury…
AUD/JPY traded at a higher level of 94.10 in the early European trading hours on Wednesday. The pair is recovering from the loss recorded on Tuesday, and the resiliency that the Australian Dollar (AUD) is potentially due to the fall in US bonds’ yields. However, China’s declining economic outlook raises fears of a possible decrease…
The data confirms that the health of the US economy, and the Industrial Production report and FOMC Minutes can only fuel the flame. According to economists from ING, it’s clear that the US Dollar is the clear winner. More volunteers are needed to help the USD. Following an 0.5 % MoM decrease in June, industrial…
Stocks climbed on Thursday after an important inflation report revealed slightly lower year-over-year inflation than was expected. The Dow Jones Industrial Average gained 131 points, 0.4 per cent. The S&P 500 The index climbed 0.3 per cent, as did the Nasdaq Composite. It gained 0.2 0.2%. The three indexes all gained more than 1% earlier…
