European stock markets started Thursday’s session on a positive note, with the regional Stoxx 600 index edging higher as investors navigated a packed day of corporate earnings reports and awaited a key interest rate decision from the Bank of England. Travel and leisure stocks were among the top performers in…
U.S. President Donald Trump and Russian President Vladimir Putin are set to meet for summit talks within the next few days, the Kremlin announced on Thursday. This high-stakes diplomatic engagement comes as the US aggressively pushes for an end to Russia’s war in Ukraine, with President Trump’s deadline for a…
On Thursday, US President Donald Trump implemented increased tariff rates, ranging from 10% to 50%, affecting numerous trading partners. This move is a trial of his approach to reduce US trade deficits, aiming to do so without significantly disrupting global supply chains, increasing inflation, or provoking strong retaliatory actions from other…
Opendoor stock (NASDAQ: OPEN) took a major hit on Wednesday, as it plunged nearly 21% after a disappointing Q2 earnings report and a gloomy forecast for the next quarter.Shares dipped below $2 during the session, giving back a big part of the wild gains it racked up during last month’s…
Upstart Holdings Inc. (NASDAQ: UPST) tanked more than 18% on August 6th, even though the AI lending platform reported blockbuster results for its second financial quarter (Q2).According to the company’s earnings release, its revenue more than doubled on a year-over-year basis to $257 million, fuelling a swing to $5.6 million…
GLD ETF held steady on Wednesday, close to the two-week high reached in the previous session. The range-bound trading may continue as investors seek clarity on the extension of the US-China trade truce. However, geopolitical tensions, economic uncertainties, and expectations of a Fed rate cut in September continue to support…
Asia-Pacific stock markets presented a mixed and somewhat volatile picture at Thursday’s open, as investors worked to decipher US President Donald Trump’s vow to impose a staggering 100% tariff on imported semiconductors and chips. While this new threat sent shockwaves through the tech sector, a crucial exemption for companies “building…
European stock markets started Thursday’s session on a positive note, with the regional Stoxx 600 index edging higher as investors navigated a packed day of corporate earnings reports and awaited a key interest rate decision from the Bank of England. Travel and leisure stocks were among the top performers in…
SoftBank Group on Thursday reported a significantly better-than-expected fiscal first-quarter profit, driven by a strong rebound in its Vision Fund segment. The Japanese investment conglomerate posted a profit of ¥421.8 billion (approximately $2.87 billion) for the quarter ended June, well above the ¥127.6 billion consensus forecast compiled by LSEG. The…
U.S. President Donald Trump and Russian President Vladimir Putin are set to meet for summit talks within the next few days, the Kremlin announced on Thursday. This high-stakes diplomatic engagement comes as the US aggressively pushes for an end to Russia’s war in Ukraine, with President Trump’s deadline for a…