The Dow Jones Index continued its strong bull run last week as it neared its all-time high. It has jumped in the last six consecutive days, and is trading at $44,828, a few points below its all-time high of $45,045. It is up by over 22% from its lowest point…
The stock markets had a dynamic start to the third quarter, pushing indices to new highs after earlier tariff concerns. On Monday (June 30), markets generally saw strong gains, with the S&P 500 (INDEXSP:INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) reaching new record highs in the US while the S&P/TSX Composite Index…
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Germany is exploring the option of purchasing Patriot missile systems from the United States and transferring them directly to Ukraine, as Western allies scramble to plug critical air defence gaps, as per a Reuters report.The discussions follow reports that the US has paused the delivery of at least 30 Patriot…
The hopes of any extension of the July 9 tariff deadline by the Donald Trump-led US administration seems fading as the US President has revealed his plans to notify various nations with new tariffs on their imports to the United States.The development came amid much suspense over Donald Trump’s next…
Alphabet’s Google is under fresh regulatory scrutiny in the European Union, following a formal antitrust complaint from a group of independent publishers, as per a Reuters report.The group alleges that the company’s AI-generated search summaries are harming their businesses.According to a complaint document dated June 30, the group has also…
Shaun Rein, a senior China Market Research analyst, didn’t mince words about Starbucks Corp’s (NASDAQ: SBUX) faltering performance in China as he spoke with CNBC on Friday.According to him, Starbucks is struggling in China even though experiential consumer categories like sports apparel are thriving because it’s been making “major strategic…
Alexandre de Moraes, a Supreme Court justice in Brazil, stepped into the middle of a high-stakes impasse between President Luiz Inácio Lula da Silva and Congress on a politically charged tax increase. Moraes provisionally suspended the executive decree that increased the IOF postage on specific financial transactions, and Congress’s annulment…
The bitcoin world lit up on Friday after two wallets holding a combined 20,000 BTC — untouched since 2011 — suddenly came to life, sparking speculation, awe, and some market caution.Blockchain trackers Whale Alert and Lookonchain were the first to flag the transfers, noting that each wallet contained 10,000 BTC.…