Is the bearish trend in SMCI stock over?
Yesterday, Super Micro Computer (NASDAQ: SMCI) saw its stock climb 15.8% after the company disclosed that it had deployed over 100,000 GPUs equipped with its liquid cooling solution for AI…
FTC antitrust case against Amazon progresses as court reviews pricing allegations
Amazon’s legal challenge with the US Federal Trade Commission (FTC) over anti-competitive practices will move forward, but the court has dismissed several claims brought by individual states. US District Judge…
Here’s why FICO, TransUnion, and Equifax stocks are soaring
Fair Isaac Corporation (FICO), Equifax (EFX), and Transunion (TRU) stocks are firing on all cylinders this year and beating Wall Street. FICO has soared by 64% in 2024 and by…
What’s going on with the TotalEnergies stock price?
TotalEnergies (TTE) stock has done well in the past few years, helped by the strong performance of crude oil prices. It rose to a high of €68.31 in April, 342%…
NZD/USD suffers a harsh reversal ahead of RBNZ rate decision
The NZD/USD exchange rate suffered a harsh reversal after the strong US jobs numbers and as traders positioned for this week’s Reserve Bank of New Zealand (RBNZ) interest rate decision.…
Nintendo shares surge as Asia-Pacific markets rise; US jobs report lifts sentiment
Asian-Pacific markets advanced on Monday, with Japan’s Nikkei 225 leading the way, climbing nearly 2% as investors anticipated key central bank decisions across the region. Strong performances in financials, consumer…
Is the current US economy the most resilient we’ve seen in history?
In a period marked by global geopolitical conflict, inflationary pressures, and fluctuating interest rates, the US economy continues to defy expectations. With a stronger-than-expected job report for September and equity…
Sensex, Nifty50 Rally at opening bell on strong global cues; ITC and NBCC surge, Titan and ONGC decline
Indian benchmark equity indices opened in the green on Monday on positive cues from the Asian markets. At the opening bell on Monday, the BSE Sensex was by 412 points,…
Explained: why did EU sue Spain, Cyprus, Poland, and Portugal over global taxation rules?
The European Union has taken legal action against four of its member states—Spain, Cyprus, Poland, and Portugal—over their failure to implement crucial rules regarding global taxation for multinational corporations. These…
One year of Israel-Gaza war: how much has US spent on military aid to Israel?
The US has allocated a record-breaking $17.9 billion in military aid to Israel over the past year, following the escalation of violence in Gaza, which started on October 7, 2023.…