Golden Financier – Page 6 – Investing and Stock News

Economy

US private employers add 122,000 jobs in May, beating estimates, ADP says

US private-sector hiring strengthened in May, offering fresh evidence that the labor market remains resilient despite rising inflation and uncertainty stemming from geopolitical tensions in the Middle East.According to data…

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Economy

UK car registrations rise 6% in May as EV demand accelerates

British new car registrations increased by about 6% in May compared with the same month a year earlier, supported by robust demand for plug-in vehicles, according to data released by…

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Economy

AI drives 40% of May layoffs as job cuts hit highest level since 2020

Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly citing the technology as a reason for workforce reductions even as hiring continues in parts of the economy.US-based…

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Economy

US jobless claims rise to 225,000, but labour market remains largely resilient

The number of Americans filing new applications for unemployment benefits increased last week, but the overall level of claims remained consistent with a labour market that continues to show resilience…

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Economy

Venezuela emerges as key oil ally as India diversifies supplies

India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity” amid severe disruptions in oil supplies from the Middle East caused…

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Stock

Dow jumps 500 points as Broadcom selloff drags Nasdaq lower

US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment.Markets were also closely watching rising geopolitical tensions in the…

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Stock

Trafigura delivers record half-year profit, dividend amid global tensions

Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion despite challenging global conditions marked by geopolitical…

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Stock

Why Nvidia stock is outperforming AI peers today

Nvidia (NVDA) shares edged lower on Thursday but held up considerably better than many semiconductor peers as investors digested a sharp sector-wide selloff triggered by Broadcom’s earnings report.Nvidia stock fell…

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Stock

Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus

Technology stocks came under heavy pressure on Thursday after Broadcom’s latest outlook failed to satisfy investors who had been betting on an even faster acceleration in artificial intelligence-related demand.Broadcom shares…

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Stock

RTX stock rises 4% after Jefferies upgrade, lifts target to $220

Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210.The Wall Street…

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