It seems as though gold traders were taking a bit of a breather on Thursday, snapping a three-day uptrend. Experts believe that gold is not yet at overbought levels, and prices could rise further in the coming weeks, possibly breaching the record high of $2,800 per ounce. Gold and silver…
As US President Donald Trump considers imposing a 25% tariff on imports from Canada and Mexico, policymakers, economists, and industry leaders are focusing on the sectors that would be most significantly impacted by such a decision. These prospective duties, set to be discussed on February 1, 2024, fall under the…
President Donald Trump has issued a stark warning to his Russian counterpart, Vladimir Putin, urging him to reach a deal to end the conflict in Ukraine “now” or face the consequences of increased tariffs and further sanctions. This ultimatum, delivered via Trump’s Truth Social network on Wednesday, signals a significant…
United Airlines (NASDAQ: UAL) extended its remarkable rally on Wednesday, with shares climbing 4.8% in the early hours of trading before slipping into the red briefly and then recovering again. At 10:38 am, it was up by 1.67%. Over the past 12 months, United’s stock has surged an astounding 187%,…
In a dramatic shift from the Biden administration’s approach, President Donald Trump is signaling a new era of unbridled artificial intelligence development in the United States, discarding previous efforts to balance innovation with safety and transparency. Within his first 24 hours back in Washington, Trump rescinded Biden’s sweeping executive order…
Retail CEOs are entering the second Trump administration with a more seasoned approach to potential tariffs, having spent the last few years diversifying their supply chains and refining strategies to mitigate rising costs. The first Trump administration provided a real-world test run for major retailers, who, now armed with valuable…
The cryptocurrency market continues to experience volatility, with Bitcoin (BTC) dropping below $102K on Thursday. Other major cryptocurrencies, including Ethereum (ETH), XRP, and Solana (SOL), also saw declines in the 1%-3% range. Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) also witnessed losses, in line…
SK Hynix, one of the world’s leading memory chipmakers, announced record-breaking fourth-quarter earnings on Thursday, fuelled by surging demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) servers. The company reported revenue of 19.77 trillion won ($13.7 billion), up 75% year-on-year, and operating profit of 8.08 trillion won,…
Qantas Airways (QAN.AX) reached new heights on Thursday as its shares climbed to a record high of A$9.54 during intraday trading before closing at A$9.42, marking a 0.5% gain for the day. The rally followed the Australian flag carrier’s announcement of significant changes to its frequent flyer program, designed to…
ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence, according to sources with knowledge of the matter. This significant investment demonstrates ByteDance’s commitment to becoming a major…