NVIDIA stock price forecast as fresh China headwinds rise
The NVIDIA stock price is in the spotlight as concerns about its Chinese business continues. NVDA is hovering at a record high of $182, bringing the year-to-date gains to 30%,…
How Bitcoin helped Steak ‘n Shake beat McDonald’s and Domino’s in sales
US fast-food chain Steak ‘n Shake has credited its embrace of Bitcoin for a 10.7% same-store sales increase in the second quarter, outpacing major competitors and bucking broader industry trends.…
Europe markets open: FTSE 100 rises as US-China trade truce fuels rally
European markets opened on a positive footing Tuesday, riding a wave of global optimism after the United States stepped back from the brink of a trade war escalation with China.…
China issues guidance discouraging use of Nvidia H20 AI chips: report
Chinese authorities have issued guidance to local companies advising against the use of Nvidia’s H20 artificial intelligence chips, particularly in government-related projects, Bloomberg News reported on Tuesday, citing people familiar…
UK job market shows signs of recovery, rate cuts still possible, says ING
The UK job market is showing signs of a potential turnaround, with a recent, more modest decline in payroll employment hinting that the most severe impacts of significant tax increases…
Beijing imposes steep duties on Canadian canola amid trade dispute
Beijing escalated its trade dispute with Ottawa on Tuesday, announcing a preliminary anti-dumping duty on Canadian canola imports. This move marks a significant development in a year-long economic disagreement that originated…
AUD/USD, ASX 200 forecast ahead of RBA interest rate decision
The AUD/USD exchange rate and the ASX 200 Indices held steady on Monday morning as traders waited for the upcoming Reserve Bank of Australia (RBA) interest rate decision. The ASX…
SBI shares rise as Q1 profit beats estimates; analysts lift targets
Shares of State Bank of India (SBI) gained more than 2.2% during early trading on Monday after the country’s largest lender reported better-than-expected June quarter earnings. The stock opened at…
European markets open higher: FTSE up 0.2%, DAX flat
European stocks rose modestly on Monday, beginning the week on a positive note as investors continued to evaluate shifting trade conditions.At the time of writing, Germany’s DAX index was up…
Is the expensive Rolls-Royce share price at risk of mean reversion?
Rolls-Royce share price has been in a relentless bull run in the past few years, helped by the robust demand for its services and products in the civil aviation, defense,…