The German DAX Index just hit an all-time high: now what?
The DAX Index jumped to a record high this week as investors remain optimistic that Germany will handle the current trade storm. It also soared as market participants predicted that…
Burberry to cut 18% of global workforce in cost-saving push amid turnaround efforts
Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion house grapples with a challenging luxury retail environment.…
Applied Materials stock: will AMAT shares hit $200 after earnings?
Applied Materials stock price has soared and moved to the highest level since February 21 as investors wait for the upcoming financial results. AMAT shares also jumped as artificial intelligence…
Temporary tariff truce between US-China lifts industrial metal prices
Industrial metals, including copper and iron ore, saw positive price movements following an agreement between the US and China to temporarily reduce tariffs on each other’s imports.Following a US-China agreement…
US-China trade truce lifts China’s economic outlook and equities: these Chinese stocks could benefit
Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped…
China lifts ban on Boeing jet deliveries after trade thaw with US: report
China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of…
The new face of war: global defence budgets soar as drones redefine the future of warfare
Global defence spending hit a record $2.72 trillion in 2024, marking the sharpest annual increase since 1988. More than 100 countries raised their defence budgets, with Europe, Asia, and the Middle…
Indian markets open: Sensex, Nifty set for pullback after May 12’s record 4% surge
Indian stock markets are poised for a subdued, potentially lower opening on Tuesday, May 13, as investors likely look to book profits following a spectacular rally in the previous session.…
China’s e-commerce giants race to dominate instant retail market
Alibaba and JD.com, major Chinese e-commerce companies, are intensifying their competition for market share by heavily investing in instant retail. This strategy focuses on delivery times of 30 to 60 minutes,…
Red alert: Axon stock price has formed a very risky pattern
Axon stock price has been one of the best performers in the past few years as demand for tasers jumped. The AXN share price has jumped by over 800% in…