The NVIDIA stock price is in the spotlight as concerns about its Chinese business continues. NVDA is hovering at a record high of $182, bringing the year-to-date gains to 30%, and pushing its market capitalization to over $4.35 trillion. It has jumped by 110% from its lowest point this year.China…
The Zimbabwe ZiG currency is holding steady against the US dollar and other currencies as its reserves jump and the country’s economy perform well. The official USD/ZWL exchange rate was quoted at 26.5 by the Zimbabwean Central Bank.Why the Zimbabwe ZiG is stableThe ZIG currency has been relatively stable this…
The AUD/USD exchange rate and the ASX 200 Indices held steady on Monday morning as traders waited for the upcoming Reserve Bank of Australia (RBA) interest rate decision. The ASX 200 was trading at $8,840, a few points below the all-time high of $8,860. On the other hand, the AUD/USD exchange…
Shares of State Bank of India (SBI) gained more than 2.2% during early trading on Monday after the country’s largest lender reported better-than-expected June quarter earnings. The stock opened at Rs 817.30 following the announcement of a 12% year-on-year increase in standalone net profit to Rs 19,160 crore in Q1FY26,…
European stocks rose modestly on Monday, beginning the week on a positive note as investors continued to evaluate shifting trade conditions.At the time of writing, Germany’s DAX index was up 0.1%, France’s CAC 40 gained 0.2%, and the UK’s FTSE 100 also rose 0.2%. The uptick followed healthy gains last…
Rolls-Royce share price has been in a relentless bull run in the past few years, helped by the robust demand for its services and products in the civil aviation, defense, and power sectors. RR stock has also surged as management’s efforts to boost sales and reduce spending have been successful. All…
Shares in Orsted sank more than 27% on Monday, nearing an all-time low, after the Danish renewable-energy group scrapped plans to sell a stake in a key US offshore wind project and announced a $9.4 billion rights issue to shore up its finances.The state-backed company said it would raise gross…
Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure, software, robotics, and AI applications. The Japanese investment giant has committed around 4.8 trillion yen ($32.7 billion) to OpenAI and recently moved to acquire chip designer Ampere Computing…
JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025. The bank’s economists see as many as four quarter-point cuts rolling out over the coming months, far more aggressive than their earlier call for just one cut later…
Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September. This expected decline follows a surge in August, where exports reached a more than two-year high. The primary driver for this impending reduction is Saudi Arabia’s decision to increase the official selling…