A week of high drama and significant global developments has seen US inflation data provide a dovish surprise, President Donald Trump wield his executive power with a high-profile pardon and a stunning diplomatic reversal, and Japan make a historic political breakthrough. These events have reshaped the political and economic landscape,…
Kyrgyzstan has launched a national stablecoin and a central bank digital currency in a landmark partnership with the global cryptocurrency exchange Binance, a significant move by the Central Asian nation to position itself as a regional crypto leader.According to Reuters, President Sadyr Japarov announced the initiative on Saturday, cementing the…
Netflix Inc (NASDAQ: NFLX) tanked below its 200-day moving average this week – triggering concerns among technical traders.But widely followed investor, Josh Brown, remains constructive on the streamer for the long-term.NFLX reported in-line revenue and lower-than-expected earnings for its fiscal third quarter due to a Brazilian tax dispute, which resulted…
A week of high drama and significant global developments has seen US inflation data provide a dovish surprise, President Donald Trump wield his executive power with a high-profile pardon and a stunning diplomatic reversal, and Japan make a historic political breakthrough. These events have reshaped the political and economic landscape,…
The Nasdaq 100 Index continued its strong rally last week and hit its all-time high of $25,358. It has jumped by over 53% from its lowest level this year, making it one of the best-performing indices in the United States.Its performance also translated to the strong gains to its top…
Famed investor Jim Cramer says Deckers Outdoor Corp (NYSE: DECK) is “overly hated” as the stock tumbled on the management’s lukewarm future guidance on Friday.The footwear designer and distributor came in ahead of Street estimates for its Q2 this morning – but said macro risks, especially tariffs-driven price increases, could…
Tesla shares fell 2% on Friday, reversing gains from the previous session, as the National Highway Traffic Safety Administration (NHTSA) sought information about the company’s new driver-assistance mode, dubbed “Mad Max.” This mode, part of Tesla’s Full Self-Driving (FSD) system, reportedly allows vehicles to operate at higher speeds than other…
European and global markets navigated a mix of geopolitical tensions and corporate earnings on Friday, with Russia promising retaliatory measures against new EU sanctions, Ukrainian President Volodymyr Zelenskyy calling for enhanced strike capabilities, and major companies reporting earnings updates. Investors reacted cautiously to these developments alongside recent US inflation data.Russia…
On Friday, US stocks hit record highs amid favorable inflation data, while Ford Motor Company reported robust earnings that bolstered investor confidence. Meanwhile, political developments in New York and escalating military operations in the Caribbean underscored ongoing geopolitical and domestic dynamics.Jeffries endorses Mamdani in New York mayoral raceHouse Minority Leader…
Few European leaders speak in such absolute terms as Viktor Orbán. And through a recent post on X, he declared that “Brussels has chosen war.”While most European governments rally behind Ukraine with weapons, loans, and moral certainty, Orbán sees an elite sleepwalking into a war it cannot win and a…