Donald Trump is preparing to re-enter the White House and there’s an amazing gift waiting for him: one of the strongest US economies in history. With low unemployment, robust GDP growth, and easing inflation, Trump is stepping into conditions few presidents have enjoyed. But this economic backdrop is not perfect.…
As Donald Trump prepares to be sworn in as US president today, his impending leadership has created a new dilemma for Western companies still operating in Russia, forcing them to reassess how his policies might impact their business interests. A Reuters report, based on discussions with lawyers, bankers, advisers, and…
Gold prices were little changed on Monday as traders awaited the inauguration speech of President-elect Donald Trump later today. “The US Dollar (USD) kicks off the new week on a softer note and erodes a part of Friday’s positive move amid bets that the Federal Reserve (Fed) will cut interest…
Last month, China’s homegrown large passenger aircraft, the C919, crossed a critical milestone by completing its first international flight—a scheduled journey to Hong Kong. The C919 jet, produced by the Chinese state-owned aircraft manufacturer Commercial Aircraft Corporation of China (COMAC), is now aiming to open new routes to Southeast Asia…
As Donald Trump prepares to be sworn in as US president today, his impending leadership has created a new dilemma for Western companies still operating in Russia, forcing them to reassess how his policies might impact their business interests. A Reuters report, based on discussions with lawyers, bankers, advisers, and…
Artificial intelligence has already driven the US tech stocks up significantly over the past 12-14 months, but Wedbush Securities senior analyst Dan Ives is convinced the tailwind will unlock further upside moving forward. In fact, the AI-driven tech bull market is only halfway through at writing, he argued in a…
The US Department of Energy has agreed to lend $6.6 billion to Rivian Automotive Inc (NASDAQ: RIVN) to set up a new production facility in Georgia. Dubbed the “Project Horizon”, the 9 million square foot plant would produce an estimated 400,000 electric vehicles annually. In a statement last week, Rivian…
Investors have been increasingly interested in Tesla Inc ever since the electric vehicle behemoth revealed plans of launching a robotaxi service in 2025. Meanwhile, analysts seem confident that Chinese self-driving stocks are emerging as top contenders as well. Two of them in particular, Pony AI and Hesai Group, they’re convinced,…
Last month, China’s homegrown large passenger aircraft, the C919, crossed a critical milestone by completing its first international flight—a scheduled journey to Hong Kong. The C919 jet, produced by the Chinese state-owned aircraft manufacturer Commercial Aircraft Corporation of China (COMAC), is now aiming to open new routes to Southeast Asia…
The USD/JPY exchange rate and the Nikkei 225 index moved sideways ahead of the upcoming Donald Trump inauguration and the Bank of Japan (BoJ) interest rate decision. The blue-chip Nikkei index was trading at ¥39,000, where it has been stuck at in the past few months. At the same time,…