Why are drone stocks soaring today?
Shares of Red Cat Holdings surged over 25% on Monday after news broke of its partnership with Palantir to integrate advanced visual navigation software into its drones. The announcement ignited…
Economy
922 posts
S&P 500 and Nasdaq rise ahead of Fed meeting; shares of Super Micro Computer plunge, while Broadcom surges
The S&P 500 and the Nasdaq Composite rose on Monday as investors waited for the outcome of the US Federal Reserve’s two-day meeting later this week. At the time of…
Gold prices steady as Fed rate cut expectations already priced in
Gold prices were little changed on Tuesday as investors cautiously anticipated further cues from the policy meeting outcome of the US Federal Reserve. Prices have traded in a narrow range…
Indian markets fall ahead of Fed meeting; Dixon surges, Sky Gold hits upper circuit
Indian benchmark indices started the week on a weak note, with the BSE Sensex falling 0.32% to 81,872.77 and the Nifty 50 dropping 0.29% to 24,696.40 as of 10:20 am.…
Can Spain’s economy teach Europe how to succeed?
Spain’s economy is thriving, with 2024 marking one of its best years in recent history. It is projected to grow by 3%, almost four times the eurozone average. The labor…
Brazil’s IBC-Br index reports weakest growth in three months at just 0.1% in October, exceeding forecasts
The IBC-Br Index of Economic Activity in Brazil, a key indicator of economic performance, rose 0.1% month on month in October 2024. This increase comes after a significant revision to…
Argentina’s economy contracts 2.6% in Q3 2024, but shows signs of recovery
Argentina’s economy has just suffered a significant setback, contracting by 2.6% in the third quarter of 2024 as compared to the same period the previous year. This is a noteworthy…
South Korea President Yoon impeached, finance ministry calls emergency meeting
The speaker of South Korea’s National Assembly has officially signed and delivered the impeachment motion against President Yoon Suk Yeol to the Constitutional Court. The historic decision marks the third…
US market outlook for 2025: can the bull run last?
Few could have predicted the remarkable market performance in 2024. Starting the year with low equity valuations, recessionary warnings, and cautious investor sentiment, the stage seemed set for challenges. Yet,…
Dow, S&P 500 slip as investors assess hot producer price index; Adobe plunges, while Riot Platform jumps
Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for November. At the time of writing, the Dow Jones Industrial Average was down…