A powerful wave of optimism continued to wash over global markets on Wednesday, propelling European equities higher as investors extended a record-setting rally built on fervent hopes of a major US interest rate cut. The positive sentiment was palpable across the continent, though a closer look at London’s market revealed…
The LSEG share price has crashed this year, and a recent death cross point to more downside. London Stock Exchange stock fell to a low of 9,338p on Wednesday, down by over 22% from its highest point this year, and is hovering near its lowest point since August 2024.Why the…
Shares of Cava Group Inc. tumbled by more than 22% in pre-market trading on Wednesday, extending steep after-hours losses from Tuesday, after the Mediterranean fast-casual chain lowered its full-year same-store sales forecast. The move comes as the company faces challenging comparisons with last year’s performance and navigates what its chief…
American stocks are thriving, with top indices like the S&P 500 and the Nasdaq 100 reaching record highs. The surge was boosted by the July inflation report, which showed that prices rose modestly. Some of the top stocks to watch today are Bullish (BLSH), Cisco (CSCO), Applied Materials (AMAT), and…
South Africa’s automotive industry is under strain as a combination of import dominance, low local content levels, and new US tariffs weighs on production and jobs. Trade Minister Parks Tau revealed on Wednesday that 12 companies have closed and more than 4,000 jobs have been lost in just two years,…
The International Energy Agency scaled up its forecast for global oil supply in 2025, citing higher production by the Organization of the Petroleum Exporting Countries and allies. Supply outlookThe Paris-based energy agency has revised upward its 2025 supply growth forecast by 370,000 barrels per day (bpd) from the previous month, according…
Dow futures ticked up in early trade Wednesday, helped by growing chatter that the Federal Reserve could cut interest rates in September. The move was modest at about 135 points, but it comes on the heels of a strong day for Wall Street.On Tuesday, the Dow closed higher alongside fresh…
Standard Chartered has raised its year-end 2024 price target for ether to $7,500, up from $4,000, citing rapid growth in stablecoin adoption and increased holdings of the cryptocurrency in recent months. The revised forecast marks a near 60% premium to ether’s 3-1/2 year high of $4,700 reached on Wednesday. Ether,…
International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) is pleased to announce a non-brokered private placement (the ‘Offering’) of up to 66,666,667 common shares at CAD $0.015 per share to raise gross proceeds of up to $1,000,000. The Company may pay finders fees on a portion of…
Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; ‘ BRW ‘ or the ‘ Company ‘) is pleased to announced that it has identified the country’s largest spodumene pegmatite trend. The discovery of multiple new spodumene-bearing pegmatites significantly expands the Ivisaartoq lithium pegmatite field, which was discovered last year on…