Stocks were little changed on Tuesday as investors paused following a strong rally in the previous session and weighed a wave of fresh corporate earnings. The Dow Jones Industrial Average rose 49 points, or 0.1%, while the S&P 500 also added 0.1%. The Nasdaq Composite slipped 0.1%. A series of stronger-than-expected earnings from major companies […]
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The South African rand had a strong performance in August, even as the US implemented tariffs against the country. The USD/ZAR exchange rate tumbled to a low of 17.4, its lowest level since November 2024, and 12.6% from its highest level this month. Why the South African rand has surged The USD/ZAR exchange rate retreated […]
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Vodafone and AST SpaceMobile are collaborating to create a satellite constellation that will deliver mobile broadband directly to smartphones across Europe. The project aims to close connectivity gaps for both commercial and governmental users, offering uninterrupted communication in remote regions. The European operations centre will be located in Germany, with potential sites near Munich or […]
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The South African rand is having a great performance this year even as the country’s economy face substantial risks. The USD/ZAR exchange rate was trading at 17.30, its lowest level since November last year. It has plunged by over 13% from its highest level this year, making it one of the top gainers in the […]
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The Nasdaq 100 Index has been in a strong bull run this year and is hovering near its all-time high. It was trading at $24,817 on Friday, up by over 50% from its lowest point this year. This article highlights some of the top Nasdaq 100 Index and QQQ ETF stocks to watch this week. […]
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The Japanese yen retreated on Friday as investors watched the new political developments in Japan’s political environment. The USD/JPY exchange rate dropped to 152.62, down from this week’s high of $153.45. Japanese yen rebounds as ruling coalition collapses The USD/JPY exchange rate has been in a strong uptrend this week as investors cheered to the […]
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Visual messaging app Snapchat’s owner Snap saw its shares soaring by more than 20% during pre-market trading on Thursday after its third quarter earnings results beat Wall Street estimates, while the company also announced a $400 million partnership with Perplexity AI. The company reported adjusted earnings per share of 10 cents, doubling Wall Street’s expectation […]
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Tesla stock (Nasdaq: TSLA) tumbled around 6% at open on Thursday, following a disappointing third-quarter earnings report that revealed a significant profit decline despite achieving record revenue. The company reported adjusted earnings of 50 cents per share, below Wall Street’s estimate of 54 cents, making it the fourth quarter in a row that it has […]
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The IAG share price sank by over 8% today, Nov. 7, as the company published its financial results for the third quarter. It plunged to a low of 373p, down sharply from the year-to-date high of 428p. IAG share price crashes amid weak US demand IAG, the parent company of companies like British Airways and […]
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A flurry of political and corporate developments shaped the US and global landscape on Tuesday, as diplomatic tensions between Washington and Moscow disrupted summit plans, Warner Bros. Discovery (WBD) explored a possible sale amid strategic shifts, and General Motors (GM) shares surged following robust quarterly results. Meanwhile, US President Donald Trump renewed attacks on Democrats […]
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