India, home to a massive workforce of over 500 million, faces a paradox of strong GDP growth alongside persistent unemployment challenges. According to the Centre for Monitoring the Indian Economy (CMIE), India’s unemployment rate in December 2024 stood at 8.3%, up from 8% in the previous month. At the same…
The S&P 500 index has been one of the best-performers of all time. Launched in 1950s when it was trading at $45.4, the blue-chip index has surged to over $6,100. While the index is known for its growth, some companies have a higher dividend yield. Let’s explore some of the…
The USD/CAD exchange rate stabilized after Donald Trump’s inauguration and as investors waited for the upcoming Federal Reserve and Bank of Canada (BoC) interest rate decisions. It was trading at 1.4345, a few points below this month’s high of 1.4520. So, is it the end of the USDCAD rally? BoC…
Shiba Inu coin price has crashed and is about to form a high-risk pattern that may fuel further downside in the next few weeks. The SHIB token peaked at $0.00003340 in December and has plunged by about 40% to the current $0.00002. So, is the SHIB coin a good buy…
Mantra price surged on Sunday, reaching the crucial resistance level at $5 for the first time on record. The OM token rose to a high of $5.0765, crossing the important resistance level at $4.6250. It has formed a God candle, jumping by near 60% from its lowest level last week. …
Polestar Automotive Holding UK Plc (NASDAQ: PSNY) chief executive Michael Lohscheller says it’s a great idea to switch from a Tesla to one of his company’s electric vehicles. Lohscheller touted his company for its “great cars” in an interview with CNBC this morning, adding “we have lots of contacts, lots…
The UK government plans to amend its non-domiciled (“non-dom”) tax regime in response to concerns over an exodus of wealthy individuals, Treasury officials have confirmed. These changes aim to encourage non-doms to invest and spend more in the UK while addressing critiques of the longstanding tax rules. What are UK…
Twilio Inc (NYSE: TWLO) is ripping higher this morning after setting bullish targets for the next few years at an investor day on Thursday. Shares of the cloud communications company have rallied as much as 150% over the past seven months – but a Baird analyst is convinced it’s not…
American Express Company (NYSE: AXP) earnings this morning suggest the US consumer is in no mood to slam the breaks on spending – at least on travel and entertainment. What’s even more interesting is that AMEX is now generating a bigger chunk of its business from the younger generations. Millennials…
GE Vernova (GEV), a leading power-generation technology company spun off from GE Aerospace in April 2024, has been on a remarkable run, with shares surging over 200% since its debut. Despite this impressive rally, Guggenheim analyst Joseph Osha has taken a more cautious stance, downgrading the stock from Buy to…