US stock index futures moved lower on Thursday as a renewed surge in oil prices heightened inflation concerns and forced investors to reassess expectations for interest rate cuts from the Federal Reserve.The decline in futures came after reports of further attacks on oil tankers in the Middle East, which raised…
Less than a month after the US Supreme Court knocked down a key part of his earlier tariff strategy, President Donald Trump is back with a new trade agenda.The Trump-led US administration has opened fresh Section 301 investigations into the practices of 16 major trading partners.The development matters for US…
Data released by the Brazilian Institute of Geography and Statistics show that the country’s National Consumer Price Index (IPCA) increased by 0.70% in February, up from 0.33% in January.Most of the monthly inflation was driven by seasonal price adjustments at the start of the school year and higher transportation costs.Over…
European markets faced a turbulent day as geopolitical tensions and regulatory crackdowns rattled investor sentiment.Stocks slipped across the continent while oil prices surged amid concerns over the Iran conflict and supply disruptions.At the same time, governments and regulators tightened scrutiny on major technology firms and global corporations, from child safety…
Global markets are navigating fresh geopolitical and financial crosscurrents as trade tensions, major tech funding talks, and crypto volatility capture investor attention.The Trump administration has revived tariff investigations that could reshape global trade flows, while SoftBank-backed PayPay makes its Nasdaq debut with an $880 million IPO.Bitcoin is holding near the…
Global markets opened Friday under pressure as geopolitical tensions in the Middle East continued to shape investor sentiment. Asian equities slid for a second straight week while oil hovered near the key $100 per barrel level amid fears of prolonged supply disruptions. Meanwhile, a temporary US waiver allowing purchases of…
Apple Inc. said on Thursday it will lower the commission fees it collects from developers on its App Store in mainland China, marking a significant concession in one of the company’s largest markets.The California-based company said its standard commission on in-app purchases and paid transactions will fall to 25% from…
Tesla’s China-made electric vehicle sales increased sharply at the start of 2026, recovering part of the ground it had lost to domestic rival BYD in the world’s largest car market. Data released by the China Passenger Car Association showed that Tesla delivered significantly more vehicles from its Shanghai factory during…
Investors are bailing on Lucid Group (NASDAQ: LCID) this morning as the “ambitious” plans it laid out in its Investor Day presentation failed to alleviate concerns of widening losses and future dilution.However, for high-risk long-term investors, the firm’s announcement of mid-size electric SUV and robotaxi initiatives warrants looking beyond its…
US stock markets closed firmly in the red on Thursday as the major indices fell to their lowest since November of last year.The investors remained on edge as the US-Iran war continued to weigh on the sentiment, and oil prices continued their upward trajectory.Dow Jones closed 739 points lower at…