This week saw tech stocks push the Nasdaq Composite (INDEXNASDAQ:.IXIC) to its best week since June. However, on Monday (August 4), multiple news outlets reported that various Wall Street firms were warning of a near-term drop in the S&P 500 (INDEXSP:.INX) after its strong rally. In a note to clients,…
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time…
The highlights of the week in terms of crypto in LATAM are that El Salvador is preparing to launch the world’s first Bitcoin banks, a significant step toward integrating BTC into its financial system. Meanwhile, Brazilian fintech Méliuz takes a significant step toward international expansion by filing for a Level…
The upcoming Trump–Putin summit on August 15, 2025, in Alaska is already getting some heat from Moscow, with Russian officials warning about “titanic efforts” by certain groups to derail the meeting.The Kremlin says it knows the stakes are huge as the talks are aimed at locking in a ceasefire and…
The US government stirred up quite a bit of chaos in the global gold market recently by suggesting that some gold bars, like the one-kilogram and 100-ounce bullion bars, might face hefty import tariffs depending on where they come from.That announcement threw a wrench into things, sending gold prices shooting…
Firefly Aerospace’s stock took a big hit on Friday, dropping about 11% after a wild but exciting debut earlier in the week. When the company priced its IPO at $45 a share and started trading on Nasdaq as “FLY” on August 7, shares shot up over 34% on day one,…
The Nasdaq 100 Index and its exchange-traded funds, like the Invesco QQQ, jumped to a record high last week as the earnings season continued and as concerns about a trade war waned. It jumped to a high of $23,610, up sharply from the year-to-date low of $16,520. Here are the top…
The Hang Seng Index has been in an uptrend this year as global investors rotated to equities. It jumped to the year-to-date high of $25,750, much higher than the 2023 low of $14,515. Explore what to expect this week as the top companies publish their earnings.TencentThe main catalyst for the…
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time…
Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable medium-sour crude to capture a larger share of the Asian oil market.Independent Chinese companies like Geo-Jade, United Energy Group, Zhongman, and Anton are significantly expanding their presence in Iraq’s upstream oil sector. Their…