The United States saw major political, legal, and corporate developments on Thursday — from President Donald Trump’s international remarks and a sweeping drug pricing deal to a key federal court ruling and a crucial shareholder vote for Tesla. Here’s a summary of the day’s top stories in the US today. Trump signals potential India visit, […]
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A new analysis from Rystad Energy highlights Latin America’s strong position in the global oil market, forecasting that offshore production from Brazil, Guyana, and Suriname, alongside Argentina’s Vaca Muerta shale, will supply cost-competitive barrels through the end of the decade. Global liquids demand is expected to peak around the early 2030s at approximately 107 million […]
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The GBP/USD exchange rate remained in a tight range this week as investors focused on the recent statements by Jerome Powell and Andrew Bailey, and the recently released UK jobs numbers. It was trading at 1.3342 on Wednesday, down from the year-to-date high of 1.3790. Dovish Federal Reserve statements The GBP/USD exchange rate was under […]
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Argentina is anticipated to ease its foreign exchange policy following this month’s midterm elections, as analysts and investors warn that the peso’s current trading band may not last much longer. According to Reuters, the projected shift follows greater US financial support, which some fear may simply postpone further modifications to the troubled currency. US backing […]
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US stocks declined on Thursday as investors assessed a fresh wave of Big Tech earnings and the outcome of President Donald Trump’s meeting with Chinese President Xi Jinping. The Dow Jones Industrial Average fell 131 points, or 0.3%, while the S&P 500 slipped 0.6% and the Nasdaq Composite dropped 0.8%. Shares of megacap tech companies […]
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US stocks advanced Friday, lifted by strong earnings from major technology companies Amazon and Apple. The S&P 500 rose 0.7%, the Nasdaq Composite gained 1.5%, and the Dow Jones Industrial Average added 83 points, or 0.2%. Amazon shares surged more than 12% after the company reported a 20% jump in cloud revenue during the third […]
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The S&P 500 and Nasdaq 100 indices will be in the spotlight this week as investors watch key corporate earnings. They will also react to the recent Federal Reserve interest rate decision. This article looks at some of the top S&P 500 and Nasdaq 100 Index stocks to watch this week. Palantir Technologies (PLTR) Palantir […]
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Tesla stock was up over 3% at $455.29 in early trading Friday, as investors looked to move past a volatile October and into what has historically been a stronger month for the electric-vehicle maker’s stock. The strong gain came without any clear catalyst. There were no analyst rating changes or major corporate updates overnight, and […]
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The fight over Elon Musk’s unprecedented $1 trillion pay package is intensifying ahead of Tesla’s annual shareholder meeting on November 6 in Austin, Texas. With the potential to make Musk the world’s first trillionaire, the 10-year compensation plan has divided some of Tesla’s largest investors, pension funds, and advisory firms, underscoring the tension between rewarding […]
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This week was packed with historic milestones and high-stakes moves across business and geopolitics. Trump and Xi finally met after six years to pause their trade war, Nvidia shattered records with a $5 trillion valuation, and Pfizer and Novo Nordisk battled for control of Metsera. Big Tech posted blockbuster earnings, while Tesla’s upcoming vote on […]
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