The Dow Jones Industrial Average rose to fresh heights on Wednesday, extending its winning streak as optimism built around a potential resolution to the record-breaking US government shutdown. The 30-stock index added 349 points, or 0.73%, hitting a new intraday high during the session. The S&P 500 gained 0.04%, while the Nasdaq Composite slipped 0.34%, […]
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Professional investors are taking profits as the US stock market extends its record-setting run, leaving retail traders to carry much of the momentum in the ongoing bull market. But even the resilience of retail investors is slowing down, said Bank of America (BofA) According to client-flow data from BofA, hedge funds and other institutional clients […]
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House Budget Committee Chairman Jodey Arrington, R-Texas, will not seek re-election in 2026. The senior Republican lawmaker will have finished serving a decade in Congress when he leaves at the end of next year. ‘I have a firm conviction, much like our founders did, that public service is a lifetime commitment, but public office is […]
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Critics once called it isolationist. But national security experts now say Donald Trump’s ‘America First’ strategy is proving to be something else entirely — a hard-nosed policy of deterrence built on strong alliances, especially with Israel. Fred Fleitz, vice chair of the America First Policy Institute’s Center for American Security and former chief of staff […]
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Vodafone share price popped and reached its highest level since August 2022 as the company’s German business returned to growth. VOD soared to a high of 94p, up by about 67% from its lowest level in 2024. Vodafone share price rises after earnings Vodafone Group was one of the best-performing companies in the FTSE 100 […]
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The LVMH share price has been in a strong uptrend in the past few months as concerns about its Chinese business eased. It jumped to a high of €630, its highest level since March and 45% above its lowest level this year. LVMH is betting on China’s recovery There are signs that LVMH’s Chinese business […]
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Wall Street’s most bullish AI darlings are facing a sudden credibility crisis. Despite stellar earnings and record growth, analysts at major brokerages are sounding the alarm on two mega-cap tech giants: Palantir and Nvidia. The culprit? Valuations have become so untethered from reality that several prominent research teams believe the stocks face potential declines of […]
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Microsoft is investing $10 billion to transform Sines, a quiet port town in Portugal, into a critical node in its global AI infrastructure. The town, known more for its fishing heritage than data servers, is now at the centre of a massive shift in how cloud giants are building capacity for artificial intelligence. The project, […]
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The Indian rupee remained near its all-time low this week, even as odds of a trade deal between the United States and India rose. The USD/INR pair was trading at 88.70 today, a few points below the record high of 88.87. It has jumped by 5.90% from its lowest level this year. Analysts are bullish […]
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The cryptocurrency market is having a positive start to the week following the poor performance it recorded last week. The total cryptocurrency market cap has topped $3.5 trillion, up 4% in the last 24 hours. While Bitcoin and Ether are currently in the green, Ripple’s XRP is the best performer in the top 10, up […]
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