Wedbush reveals best AI stock picks for the second half of 2025
Wedbush analyst Dan Ives believes the AI boom will charge ahead at full throttle in the back half of 2025.Trump tariffs and their potential impact on the global economy have…
China’s manufacturing PMI edges up despite ongoing trade tensions
China’s manufacturing PMI improved somewhat in May due to the resumption and frontloading of shipments to the US amid the 90-day tariff truce which will end in mid-August, Commerzbank AG…
Europe markets open: STOXX 600 dips 0.2% on renewed US tariff threats; auto sectors under pressure
European stock markets commenced the trading week on a weaker footing Monday, retreating from recent gains as fresh tariff pronouncements from US President Donald Trump threatened to reignite global trade…
‘Bitcoin-style encryption’ for XChat? Musk’s claim sparks debate
Social media platform X, under the ownership of Elon Musk, is introducing a new messaging feature dubbed ‘XChat’, which Musk claims will incorporate “Bitcoin-style encryption.” This development, alongside a forthcoming…
IAG share price forecast as transatlantic demand starts to recover
IAG share price has remained under pressure in the past few weeks as investors focused on transatlantic travel amid the ongoing trade tensions between the US and China. It was…
UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars
A decade ago, a trio of nimble fintech upstarts — Starling, Monzo, and Revolut — charged into the British banking scene with bold ambitions.Their mission: to reimagine financial services through…
Brent crude oil price forecast after the OPEC+ supply cut
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ meeting. It dropped to $62.60 on Friday, down by 25%…
Adobe stock price is cheap: is it a good buy?
Adobe stock price has underperformed the broader market and other companies in the software-as-a-service (SaaS) industry like Microsoft, ServiceNow, and Salesforce. It has dropped by over 35% from its highest…
USD/CNY forecast: China renminbi to surge as death cross forms
The USD/CNY exchange rate retreated from the year-to-date high of 7.3500 on April 10 to a low of 7.20 as traders focused on the trade relations between China and the…
USD/CAD forecast as Canada prepares for Trump 50% steel tariffs
The USD/CAD exchange rate has crashed this year as the US dollar index (DXY) has plunged from $110 earlier this year to $99. It has dropped from 1.4790 on February…