S&P 500 gains as crude oil prices ease; NVIDIA, Apple, and Oracle rise
The S&P 500 rebounded on Tuesday after a previous decline on Wall Street, with attention on oil prices and bond yields. The S&P 500 climbed 0.7%, while the Nasdaq Composite…
Remy Cointreau stock falls amid China tariff news, but deeper issues persist
Remy Cointreau’s stock took a sharp hit, falling nearly 8.5% on Tuesday after China announced new anti-dumping tariffs on European brandy imports. However, this is just one of the problems…
RBI holds interest rate but shifts policy stance to ‘neutral’ signalling future rate cuts
The Reserve Bank of India (RBI) held its key interest rate at 6.50% on Wednesday, while signaling potential for future rate cuts by shifting its policy stance to “neutral” from…
Sensex surges 500 points, Nifty gains as RBI shifts policy; bank stocks rally, Torrent Power hits record high
Indian equity benchmarks surged on Wednesday after the Reserve Bank of India changed its monetary policy stance to “neutral”. At the time of writing, the BSE Sensex was up 555.59…
Trump’s economic strategy for 2024 is fading — here’s what voters are seeing
As the 2024 US presidential election approaches, the economy is front and center in political debates, as it always is during election cycles. Historically, voters have associated economic growth and…
Nvidia set for a surge: Blackwell chip demand drives optimistic outlook
Nvidia Corp., one of the dominant players in the semiconductor industry, is expected to deliver substantial revenue growth moving into the first quarter of 2024, driven primarily by soaring demand…
Are Tradeweb and MarketAxess stocks rare hidden gems?
Tradeweb (TW) and MarketAxess (MKTX) stocks have done well in the past few months, helped by the rising demand for fixed income solutions. MKTX has soared to $280, up by…
Sensex surges 500 points, Nifty gains as RBI shifts policy; bank stocks rally, Torrent Power hits record high
Indian equity benchmarks surged on Wednesday after the Reserve Bank of India changed its monetary policy stance to “neutral”. At the time of writing, the BSE Sensex was up 555.59…
Broadcom stock nears key price; could hit $1 trillion valuation soon
Broadcom (AVGO) stock price is firing on all cylinders as the company matches towards a $1 trillion market cap. It has risen by over 61% this year, pushing its market…
Rio Tinto to acquire US lithium producer Arcadium in a $6.7 billion deal
Rio Tinto, the world’s second-largest miner, has announced its acquisition of US-based Arcadium Lithium for $6.7 billion. The all-cash transaction values Arcadium at $5.85 per share, reflecting a 90% premium…