Russia’s economy has not collapsed under pressure. At least not yet. GDP still grows. Wages have risen.Western sanctions failed to deliver the knockout blow many expected. But appearances are deceptive. The structure that holds this war economy together is increasingly brittle, and signs are mounting that President Vladimir Putin is…
European stock markets demonstrated resilience at Wednesday’s open, trading higher despite the official implementation of US President Donald Trump’s doubled tariffs on steel imports. While the broader market found positive momentum, the steel sector itself braced for a mixed impact, with analysts predicting potential benefits for European buyers but significant…
The US Federal Reserve has removed a long-standing asset cap on Wells Fargo & Co., ending one of the harshest penalties imposed on a major American bank in recent history. The cap, set at $1.95 trillion, had been in place since 2018 following the company’s fake-accounts scandal that drew widespread…
Goldman Sachs has upgraded its rating for Yum! Brands (YUM), the global fast-food giant behind iconic names like KFC, Taco Bell, and Pizza Hut, from “Neutral” to “Buy.” This upgrade, accompanied by a maintained price target of $167, indicates a 16% upside for the stock. The upgrade signals Goldman Sachs’ increasing confidence…
Apple Inc. extended its slide in early trading on Wednesday, after investment firm Needham became the latest to downgrade the stock, citing intensifying concerns over the company’s growth trajectory, position in the artificial intelligence race, and geopolitical headwinds.Shares of the iPhone maker fell 0.6% in premarket trading. The stock has…
In a stunning corporate revival, Rolls-Royce has seen its fortunes dramatically reverse, marked by a staggering 600% jump in its share price and the achievement of profit targets a full two years ahead of schedule. This transformation, occurring just two years after newly appointed CEO Tufan Erginbilgiç delivered a stark…
CrowdStrike Holdings Inc. shares slid almost 6% on Wednesday, after the cybersecurity firm forecast revenue for the current quarter that missed Wall Street expectations, raising concerns among investors even as the company posted strong first-quarter results.In a statement issued Tuesday, the Austin-based firm said it expects revenue of up to…
UnitedHealth Group Inc. (NYSE: UNH), long considered one of the safest blue-chip investments in the healthcare space, is grappling with a perfect storm of challenges that has seen its stock crash by more than 50% since early April.Cavenagh Research, a five-star analyst ranked in the top 4% on TipRanks, sees…
Tesla shares rose 1% to $347.71 in premarket trading on Wednesday, even as investors weighed the implications of an escalating feud between Elon Musk and US President Donald Trump.Just days ahead of Tesla’s much-anticipated robotaxi launch in Austin, Texas, tensions between the tech billionaire and the White House resurfaced following…
XRP is regaining momentum after weeks of muted performance, climbing for five consecutive sessions to reach $2.25 on 4 June 2025. That marks a 10% recovery from the monthly low of $2.0794 on 31 May.This price surge is attracting renewed attention to the token, which is currently trading in a…