Bitmine Immersion Technologies Inc (BMNR) rallied more than 10% today following news that influential investor Cathie Wood trimmed her stake in Block Inc (XYZ) to load up on BMNR.The founder and chief executive of Ark Invest spend over $15 million on buying 477,498 Bitmine shares across three of her flagship…
Pakistan announced a deal with the US that it expects will reduce tariffs on its exports. Meanwhile, President Donald Trump lauded an agreement focused on developing Pakistan’s oil reserves, according to a Reuters report.However, the agreed tariff rate was not mentioned by either party.In an effort to counter China’s regional influence,…
European stock markets began Thursday on a positive note, with the regional Stoxx 600 index climbing higher as investors digested a deluge of corporate earnings reports from some of the continent’s largest companies. This upbeat start, supported by a strong showing from US tech giants, comes amidst a complex global…
North America’s UAV (drone) market is undergoing a rapid transformation, fuelled by breakthroughs in AI, autonomous flight, and regulatory shifts aimed at reducing dependence on Chinese technology.In a bold move to rebuild the domestic drone sector, the US government is crafting an ambitious industrial policy—echoing the intent of the CHIPS…
The United States and South Korea have struck a fresh trade deal that imposes a 15% tariff on South Korean goods imported into America.US President Donald Trump announced the trade deal on Wednesday, just hours ahead of the August 1 deadline.The development came after Trump announced 25% tariffs against India…
Meta Platforms Inc. delivered robust second-quarter results late Wednesday, sending its stock up nearly 12% in early Thursday premarket trading.The Facebook and Instagram parent beat Wall Street estimates on both revenue and profit, underlining the strength of its core advertising business and growing investor confidence in its artificial intelligence strategy.Revenue…
Rolls-Royce Holdings published strong financial results, mirroring those of its top rivals like GE Aerospace, Safran, and GE Vernova. The results demonstrated the ongoing demand across its three divisions, which are seeing strong tailwinds. Here are the top takeaways in its earnings.Rolls Royce earnings takeawaysIn a statement, Rolls-Royce said that…
US President Donald Trump’s decision to exclude refined metal from his proposed import tariff led to an immediate and significant drop of over 19% in COMEX copper.Wednesday saw the most significant intraday decline on record, with prices dropping by 19%, though they later recovered some of these losses.At the time…
European stock markets began Thursday on a positive note, with the regional Stoxx 600 index climbing higher as investors digested a deluge of corporate earnings reports from some of the continent’s largest companies. This upbeat start, supported by a strong showing from US tech giants, comes amidst a complex global…
St. James Place share price has staged a strong comeback in the past two years, marking a strong turnaround for a company that was on the brisk a few years ago. STJ jumped to a high of 1,280p, its highest point since March 2022 and 220% above its lowest point…