Donald Trump’s recent threats to impose sweeping tariffs on European imports, citing the EU’s insufficient purchases of American exports, have revived anxieties around a potential trade war. With a bold promise to enforce up to 20% tariffs on foreign goods if re-elected, Trump argues this approach will protect American industry…
In October, foreign institutional investors (FIIs) pulled out a staggering $12 billion from Indian equities, surpassing the previous record set in March 2020. Yet, despite these heavy withdrawals, India’s equity indices displayed resilience, thanks to unprecedented investments by domestic institutional investors (DIIs). These domestic players stepped up in the face…
Gold prices breached the $2,800 per ounce mark on Wednesday to hit a fresh record high as uncertainty over US elections and geopolitical tensions fueled safe-haven demand. “Against the backdrop of persistent geopolitical risks stemming from the ongoing conflicts in the Middle East, the uncertainty surrounding the US presidential election turns…
SoundHound AI Inc (NASDAQ: SOUN) has rallied about 20% this week even though there hasn’t been any particular news that could have catalysed such a price action. And while famed investor Jim Cramer says “stocks going up on nothing is very dangerous”, there’s reason to believe that SOUN could sustain…
The US on Monday said it is seeking up to 3 million barrels of crude oil to fill up its Strategic Petroleum Reserve (SPR), according to a Reuters report. The purchase will be made through May next year, and it will be for delivery at the Bryan Mound site in…
SoFi Technologies’ shares dipped by as much as 11% on Tuesday morning open despite reporting impressive earnings before beginning to pare losses, as experts attributed the dip to a breather in the rally that the stock has witnessed heading into earnings. The drop followed a strong pre-market rally and came…
A growing tension has surfaced between the major countries of Europe and the European Central Bank (ECB) concerning the regulation of the digital euro, a digital form of currency that the ECB has been developing since 2021. As reported by Politico, sources close to the situation indicate that several European…
Oil remained volatile on Tuesday, with prices falling and rising throughout the session as traders focused on increasing supply and limited demand. The US’ plan to purchase up to 3 million barrels of crude oil to fill up its Strategic Petroleum Reserve (SPR) supported sentiments. Prices had been volatile on…
Lucid Group Inc (NASDAQ: LCID) expects its upcoming Gravity SUV to deliver a significant boost to sales, narrows losses, and orchestrate a stock price recovery in 2025. Customers will be able to place orders for the Gravity Grand Touring from November 7th. Lucid will sell this model for $94,900 but…
Donald Trump’s recent threats to impose sweeping tariffs on European imports, citing the EU’s insufficient purchases of American exports, have revived anxieties around a potential trade war. With a bold promise to enforce up to 20% tariffs on foreign goods if re-elected, Trump argues this approach will protect American industry…