European stock markets commenced the trading week on a weaker footing Monday, retreating from recent gains as fresh tariff pronouncements from US President Donald Trump threatened to reignite global trade tensions. The cautious sentiment permeated most sectors, with particular pressure on steel and automotive stocks, while investors also looked ahead…
Nvidia Corp (NASDAQ: NVDA) has been in a sharp uptrend ever since the White House agreed to a 90-day trade truce with China.Plus, the artificial intelligence behemoth recently reported its financial results for the first quarter that topped Street estimates and issued upbeat guidance for the future, further boosting confidence…
Wedbush senior analyst Dan Ives says Waymo isn’t the best name for exposure to the global race towards autonomous vehicles.Despite the buzz around Alphabet’s self-driving unit, Ives argues that Tesla Inc (NASDAQ: TSLA) scale, engineering depth, and Musk’s renewed focus make it the better long-term investment than Waymo.TSLA chief executive…
A wave of apprehension swept through most Asia-Pacific financial markets on Monday, with major indices closing predominantly lower after US President Donald Trump announced a significant escalation in trade protectionism by declaring he would double tariffs on steel imports to 50%. This move, effective from Wednesday, reignited concerns about global…
India’s Minister for Heavy Industries, H.D. Kumaraswamy, announced that Tesla has expressed no interest in manufacturing electric vehicles (EVs) within the country. The automaker is currently planning to import cars into the country. This revelation comes as India finalizes a new EV policy aimed at attracting foreign investment through substantial import tax…
Nvidia Corp (NASDAQ: NVDA) has been in a sharp uptrend ever since the White House agreed to a 90-day trade truce with China.Plus, the artificial intelligence behemoth recently reported its financial results for the first quarter that topped Street estimates and issued upbeat guidance for the future, further boosting confidence…
IAG share price has remained under pressure in the past few weeks as investors focused on transatlantic travel amid the ongoing trade tensions between the US and China. It was trading at 328p on Monday, a few points below the year-to-date high of 340p. It remains 55% above its lowest…
Social media platform X, under the ownership of Elon Musk, is introducing a new messaging feature dubbed ‘XChat’, which Musk claims will incorporate “Bitcoin-style encryption.” This development, alongside a forthcoming payments feature called X Money, signals X’s continued ambition to evolve into an “everything app,” though Musk’s specific technical claims…
Shares of South Korean and Vietnamese steel producers, key Asian exporters to the US, fell on Monday following President Donald Trump’s announcement that he would double tariffs on imported steel and aluminum to 50%.Trump declared the new steel and aluminum tariffs on Friday, set to begin on June 4. This action…
Wedbush senior analyst Dan Ives says Waymo isn’t the best name for exposure to the global race towards autonomous vehicles.Despite the buzz around Alphabet’s self-driving unit, Ives argues that Tesla Inc (NASDAQ: TSLA) scale, engineering depth, and Musk’s renewed focus make it the better long-term investment than Waymo.TSLA chief executive…