The US economy expanded at a stronger-than-expected pace in the third quarter, according to a long-delayed government report that showed growth accelerating even as inflation pressures lingered and markets remained cautious. Gross domestic product grew at an annualised rate of 4.3% between July and September, the Commerce Department said, exceeding the 3.2% forecast in a […]
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Shopify stock price has had a strong performance this year as it jumped from the April low of $70 to the current $166. This growth happened as the company’s growth trajectory accelerated. So, is the highly overvalued company a good investment today? Shopify revenue and profitability growth have continued Shopify is a top company that […]
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South Korean satellite launch company Innospace attempted to achieve its first commercial rocket launch mission from Brazil’s Alcantara Space Centre on Monday, but the launch led to a failure, a setback for both the company and Brazil’s aerospace aspirations. Five days after its initial target timeline, the launch of Innospace’s HANBIT-Nano vehicle occurred at 10:13 p.m. […]
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US stocks rose sharply on Thursday as investors digested a lighter-than-expected inflation report, easing concerns about persistent price pressures and helping spark a rebound in technology shares after a bruising run. The Dow Jones Industrial Average traded 339 points higher, or 0.8%, while the S&P 500 advanced 1.1%. The Nasdaq Composite outperformed, gaining 1.5%, as […]
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For years, the UK government has signaled its ambition to become a global crypto hub, but for those building the infrastructure, the pace of progress tells a different story. While the EU implements MiCA and offshore jurisdictions attract talent with favorable tax regimes, London remains stuck in the consultation phase. To understand the real impact […]
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Lucid Group stock price had a difficult performance this year as it continued falling due to major headwinds. It has dropped by 65% this year, with its market capitalization dropping from over $10.47 billion to the current $3.83 billion. So, is LCID a good company to buy today? Lucid Group is doing well despite major […]
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AppLovin stock price has had a strong performance this year, continuing a bull run that started a few years ago when it was trading at $9.20. It has jumped to $720, giving it a market capitalization of over $243 billion, up sharply from less than $1 billion. So, will this advertising company continue its bull […]
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Britain’s government has announced a significant change to its inheritance tax plans for farmers, scaling back a policy that triggered months of protests across the country. As per a Reuters report, the decision follows sustained opposition from agricultural groups after an inheritance tax charge on farms was announced in 2024, ending a long-standing exemption for […]
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Mexico’s lower house on Wednesday approved a sweeping tariff package that would sharply raise import and export duties on goods from China and several other Asian nations, marking one of the government’s most aggressive moves in recent years to bolster domestic industry and narrow its trade deficit. The measure, which still requires Senate approval, passed […]
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Microsoft stock (NASDAQ: MSFT) dropped sharply on Wednesday amid investor concerns about whether the company’s commanding position in enterprise AI is genuinely unassailable. While the company has poured $80 billion into AI infrastructure through 2025, the sell-off suggests markets are beginning to question whether massive capex translates into a durable competitive advantage. The development comes […]
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