Shopify Inc (NYSE: SHOP) president Harley Finkelstein says the e-commerce giant was built for challenging times and is, therefore, strongly positioned to weather tariff uncertainty in 2025.Speaking recently with CNBC, Finkelstein argued that building a business on Shopify is a “huge advantage” for retailers as the platform equips them with…
Wall Street analysts expect Nvidia’s Q1 earnings on Wednesday (after the bell) to be “messy” and include disappointments on key metrics.However, the expected near-term weakness is hardly a reason to bail on NVDA shares – they’re telling clients heading into the company’s release.Note that Nvidia stock has already rallied some…
Australia has granted approval to Woodside Energy’s proposal to extend the operational lifespan of its North West Shelf gas plant until the year 2070. This decision comes after an extensive six-year review process that was marked by considerable delays, multiple appeals, and strong opposition from environmental organisations, Reuters said in a…
Elon Musk has publicly expressed his disapproval of President Donald Trump’s recently passed House tax bill, a sweeping piece of legislation that the billionaire entrepreneur says runs contrary to his own efforts to curtail government spending.Musk’s critique adds a high-profile voice to the growing chorus of concerns surrounding the bill’s…
European stock markets exhibited a cautious and mixed start to Wednesday’s trading session, with the pan-European Stoxx 600 index hovering near flat territory as investors braced for a significant influx of economic data from across the continent. Currency markets saw both the British pound and the euro soften against the…
The national water regulator Ofwat has imposed a record £122.7 million penalty on Thames Water following two separate investigations into the company’s operations and dividend practices. The fine, which is the largest ever issued by the regulator, includes £104.5 million for serious failings in the company’s wastewater management and a…
Asia-Pacific stock markets concluded Wednesday’s trading session with a varied performance. Investors weighed the positive implications of US President Donald Trump’s decision to extend the deadline for imposing 50% tariffs on European Union imports against a backdrop of domestic economic data and corporate developments. While some regional bourses advanced, Indian…
Despite government’s attempts at diversification, the trend of increasing market concentration has persisted over the last year.The processing sector demonstrates this trend significantly, with China leading production for 19 of the 20 minerals analysed by the International Energy Agency. China holds a market share exceeding 35% for these minerals, averaging 70%.In…
The Schwab US Dividend ETF (SCHD) is often seen as one of the best income funds in the United States. This explains why its inflows continue rising, and currently stand at nearly $70 billion.The SCHD has had good total returns in the past few years, with its annual dividend growth…
British grocery inflation climbed to 4.1% in the four weeks to 18 May, the highest level in over a year, according to new figures from market researcher Kantar. The uptick reflects increased labour costs for supermarkets, following April’s national minimum wage hike and rising payroll taxes. While some categories like…