As retail traders begin to tire of short-lived rallies in meme stocks like Krispy Kreme and Kohl’s, a broader and potentially more sustainable trend is taking shape in global markets. A growing number of individual investors are rotating into European equities, betting that stocks across the Atlantic are poised to…
Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums and broader economic uncertainty. Operating income dropped to $11.16 billion in the three months ended June, from $11.6 billion in the same period a year ago.The Omaha-based conglomerate…
The Canadian government faces a mounting economic and political challenge after the US increased tariffs on Canadian products to 35%, marking a sharp divergence in how Washington is handling trade relations with its North American neighbors. While Mexico has been granted a 90-day reprieve from similar tariff hikes, Canada finds…
US stocks kicked off August with a sharp retreat as the Trump administration announced reciprocal tariffs on several countries – with levies ranging from 10% to 41%.A disappointing monthly jobs data (July) revealing ongoing labour market weakness added further to investor woes, triggering a notable decline of as much as…
Indian officials said Saturday that the country will continue purchasing discounted oil from Russia, despite threats of additional penalties from US President Donald Trump. The statement reflects New Delhi’s consistent stance on its energy policy, even as geopolitical tensions rise.The comments come days after Trump indicated potential punitive action against…
As retail traders begin to tire of short-lived rallies in meme stocks like Krispy Kreme and Kohl’s, a broader and potentially more sustainable trend is taking shape in global markets. A growing number of individual investors are rotating into European equities, betting that stocks across the Atlantic are poised to…
Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums and broader economic uncertainty. Operating income dropped to $11.16 billion in the three months ended June, from $11.6 billion in the same period a year ago.The Omaha-based conglomerate…
OPEC+ is preparing to implement another significant oil production boost in September, a move that continues the group’s recent shift from curbing supply to aggressively reclaiming market share. Bloomberg reported, citing an OPEC+ delegate, that the group is expected to approve an increase of 548,000 barrels per day during its…
The FTSE 100 Index reached a record high of £9,192 this week as some of its top constituent companies, including IAG, Rolls-Royce, Shell, HSBC, and Standard Chartered, published their earnings. The index will be in the spotlight next week as more companies release their earnings reports and the Bank of England…
The Nikkei 225 Index pulled back last week as market participants focused on key Japanese earnings and the BoJ interest rate decision. It retreated to a low of ¥40,800, down from the year-to-date high of ¥42,040. Here are the top catalysts for the Nikkei Index this week.Bank of Japan interest…