Why Tesla stock is sliding another 4% on Friday
Tesla shares extended their losses on Friday, falling about 4% to trade around $242. The decline followed a 7.3% drop on Thursday, when the stock closed at $252.40. Tesla is…
US consumer sentiment plunges to lowest level in over a decade as trade tensions escalate
Consumer confidence in the United States has slumped to its weakest level in over ten years, undercut by escalating trade tensions and growing fears of inflation and job losses. The…
European stocks wrap volatile week mixed: FTSE 100 inches higher, DAX dips
European markets closed out a turbulent week with modest losses on Friday, as the intensifying tariff standoff between the United States and China continued to rattle global investor sentiment.The pan-European…
US stocks rebound as White House signals trade optimism with China
Wall Street closed sharply higher on Friday, capping a roller-coaster week, after the White House hinted it was open to reaching a trade agreement with China. A wave of renewed…
China strikes back with 125% tariffs on US imports amid deepening trade war
China has sharply escalated its trade confrontation with the United States, raising tariffs on American goods to 125% from 84% in response to President Donald Trump’s reciprocal duties. The announcement,…
Top gainers & losers today: Nifty, Sensex jump 2%, metals in the spotlight
Indian equity markets experienced a jubilant session on Friday, marked by a broad-based rally led by soaring metal stocks. The surge was fueled by the US’s decision to suspend additional…
Oil market sheds tariff pause optimism as weak demand and oversupply drag prices
Oil prices retreated on Thursday as trade tensions between the US and China escalated. This comes even as Trump reciprocal tariffs on most trading partners for 90-days. However, the sentiments in the…
Indigo overtakes Delta as most valuable airline: what’s fueling the surge?
IndiGo, India’s largest carrier, momentarily ascended to the pinnacle of the global aviation market on Wednesday, overtaking Delta Air Lines to become the world’s most valuable airline by market capitalisation,…
China inflation dips again as tariffs climb to 125% amid trade war tensions
China’s consumer and producer prices are heading in opposite directions as the country grapples with falling global demand, a worsening trade war with the US, and domestic efforts to boost…
Data centres on track to outpace Japan’s electricity usage by 2030, says IEA
Electricity demand to power AI technology and data centres by the end of this decade will require more than Japan’s electricity consumption today.The consumption of electricity by data centres is…