Artificial intelligence infrastructure spending is accelerating as technology companies race to build the computing backbone required for advanced AI systems. Nvidia strengthened its position in this growing market after announcing a $2 billion investment in AI cloud firm Nebius Group. The announcement sent Nebius shares up 15% on Wednesday and highlighted Nvidia’s strategy of supporting […]
Read More
Li Auto stock price remains in a technical bear market after falling from its 2023 high of $47.3 to the current $17.15. It has slumped by 62%, erasing its market capitalization from $48 billion to $18 billion. What next for the stock ahead of its earnings? Li Auto growth has stalled amid rising competition Li […]
Read More
Futu Holdings stock price jumped by over 7% on Tuesday. This rebound could continue this week as the company releases its earnings, which are expected to demonstrate strong revenue and profitability growth. It was trading at $153, down by 25% from its highest point in 2025. Futu Holdings to publish financial results Futu is a […]
Read More
The GBP/USD exchange rate dropped by 0.75% on Wednesday after the UK published encouraging consumer inflation data. Sterling dropped to a low of 1.3327, down from this week’s high of 1.3460. Bank of England to cut rates as UK inflation falls The GBP/USD exchange rate pulled back and erased some of the recent gains as […]
Read More
The Brazilian real was little changed against the US dollar on Tuesday as investors balanced local monetary policy signals with new labour market data in the United States. Meanwhile, market actors focused on the minutes from the Central Bank’s most recent policy meeting, as well as the US report for November jobs, which combined to […]
Read More
The EUR/USD exchange rate held steady in the past few months, a trend that may continue in the coming months as top analysts predict a return to US dollar slide amid a divergence between the Federal Reserve and the European Central (ECB). It was trading at 1.1740, much higher than last month’s low of 1.1463. […]
Read More
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision. SNB interest rate decision ahead The USD/CHF exchange […]
Read More
US job openings were little changed in October, offering another sign of a cooling labour market as policymakers grapple with the economic impact of tariffs, stubborn inflation and delayed federal data. The Labor Department reported on Tuesday that vacancies stood at 7.67 million, almost unchanged from September’s 7.66 million. Economists had expected a sharper downturn, […]
Read More
India’s central bank lowered its benchmark policy rate by 25 basis points to 5.25% on Wednesday, matching expectations from economists. The Reserve Bank of India’s monetary policy committee delivered the reduction unanimously, citing “weakness in some key economic indicators,” according to RBI governor Sanjay Malhotra. The decision comes as headline inflation remains subdued and is […]
Read More
The NZD/USD exchange rate continued rising, crossing an important resistance level as a new Central Bank governor takes charge. The New Zealand dollar rose for six consecutive days, moving from a low of 0.5581 on November 20 to the current 0.5735. New Zealand signals end of cuts The NZD/USD pair has rebounded in the past […]
Read More