Costco stock price forms risky patterns: is the bubble about to pop?
Costco stock price has been an excellent performer over the years, which has helped it become one of the biggest companies in the US. It has jumped by 620% in…
Chile’s inflation rate slows to 4.2% in Nov as food, housing prices ease
In November 2024, Chile’s inflation rate saw a positive drop to 4.2%, down from 4.7% in October. This shift is significant for consumers and policymakers, as it comes amid various…
Argentina slashes benchmark rate to 32% amid ongoing inflation crisis
Argentina’s central bank announced on Thursday a dramatic cut in its benchmark interest rate, from 35% to 32%. This is the latest in a string of monetary measures by the…
Uber responds to Waymo, launches robotaxi rides in Abu Dhabi
Uber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits…
Bitcoin ETF options launch spurs record inflows
BlackRock launched options on its Bitcoin exchange-traded funds (ETFs) on November 19, 2024, in a landmark event that looks set to bring cryptocurrencies into the mainstream for institutional and retail investors. This is a…
Affirm stock price forecast: set to enter beast mode soon
Affirm stock price has done well this year, and is hovering at its highest level since 2022 as demand for its services rise. It was trading at $71.88, up by…
iDEGEN presale accelerates as crypto market celebrates Trump’s new crypto and AI czar
In a groundbreaking move that attracted the crypto community’s attention, incoming US president Donald Trump announced the first ever artificial intelligence and crypto ‘czar.’ Trump appointed venture capitalist and tech…
Costco stock price forms risky patterns: is the bubble about to pop?
Costco stock price has been an excellent performer over the years, which has helped it become one of the biggest companies in the US. It has jumped by 620% in…
Chinese stocks rally on stimulus expectations, offsetting declines in Japan and South Korea
Chinese stocks surged to their highest level in two weeks on Friday, driven by growing hopes of fresh stimulus measures ahead of the Central Economic Work Conference next week. The…
Friday’s jobs report: likely outcome and why it may not stop Fed’s December rate cut
The US labor market is poised for a significant rebound in November, following October’s storm-induced slowdown. Economists are optimistic about a sharp recovery, with consensus estimates pointing to a net…