US President Donald Trump and South Korean President Lee Jae Myung are set to hold their first summit meeting in Washington on Monday. This follows last month’s trade deal, which reduced US tariffs on South Korea from a threatened 25% to 15%. Discussions are also expected to focus on US efforts to…
Global defense spending is poised to accelerate as conflicts in Europe, the Middle East, and rising tensions in Asia intensify demand for new technologies and weaponry. The US defense budget is projected to surpass $1 trillion in fiscal year 2026, while European nations, spurred by fresh commitments under the Trump…
Nvidia Chief Executive Jensen Huang on Friday lauded Taiwan Semiconductor Manufacturing Co. during a visit to Taipei, calling the company one of the greatest in history and suggesting that any investor buying into it would be “very smart.”The comments came in response to questions about Washington’s interest in acquiring stakes…
Existing home sales in the US rose 2% in July, signaling a modest rebound in buyer activity.However, home price growth slowed to just 0.2% for the month, even as inventory levels reached their highest point since May 2020.While affordability remains a challenge, Redfin CEO Glenn Kelman says the housing market…
Hewlett Packard Enterprise (HPE) shares rose more than 3% in premarket trading on Thursday after Morgan Stanley upgraded the stock to overweight from equal weight. The investment bank also raised its price target by $6 to $28, implying a potential 33% upside from Wednesday’s close.The upgrade follows a period of…
Carvana stock price has moved sideways in the past few days as the recent bull run took a breather. It was trading at $338 on Wednesday, down from the year-to-date high of $400. It remains close to 1,000% above the 2022 low, giving it a market capitalization of over $72…
The recent Estee Lauder stock price strong recovery hit a barrier as the beauty company published weak financial results again. EL dropped by 3.5% in the extended hours. This crash happened after it doubled from a low of $48 in April to $96 last week. Estee Lauder published weak earningsEstee Lauder…
The crypto market remained on edge today, August 22, as investors waited for Jerome Powell’s speech at the Jackson Hole meeting that will provide hints on when he will start to cut interest rates. This article provides forecasts for some popular tokens like Aerodrome Finance (AERO), Skale Network (SKL), and OKB…
XPeng stock price has done well this year and is beating many electric vehicle companies like Tesla, BYD, and Nio. XPEV jumped to high of $22.75 on Friday, up by 253% from its lowest point in 2024, bringing its valuation to over $21 billion. The bullish case for XPeng stockThere are…
Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a string of upbeat corporate earnings. The S&P/ASX 200 index gained 1.1% to 9,019.10, marking an all-time high and closing record. The benchmark has risen in seven of the past 15 sessions…