North America’s UAV (drone) market is undergoing a rapid transformation, fuelled by breakthroughs in AI, autonomous flight, and regulatory shifts aimed at reducing dependence on Chinese technology.In a bold move to rebuild the domestic drone sector, the US government is crafting an ambitious industrial policy—echoing the intent of the CHIPS…
The United States and South Korea have struck a fresh trade deal that imposes a 15% tariff on South Korean goods imported into America.US President Donald Trump announced the trade deal on Wednesday, just hours ahead of the August 1 deadline.The development came after Trump announced 25% tariffs against India…
Meta Platforms Inc. delivered robust second-quarter results late Wednesday, sending its stock up nearly 12% in early Thursday premarket trading.The Facebook and Instagram parent beat Wall Street estimates on both revenue and profit, underlining the strength of its core advertising business and growing investor confidence in its artificial intelligence strategy.Revenue…
The USD/JPY exchange rate pulled back slightly on Thursday as the market reacted the Federal Reserve and Bank of Japan (BoJ) interest rate decisions. It was trading at 148.75, a few points below this week’s high of 149.52. Fed and BoJ interest rate decisionsThe USD/JPY pair moved sideways after the Fed…
Ethereum price continued its rebound in July this year, helped by the surging demand for exchange-traded funds (ETF) and Ethereum treasury companies. ETH token was trading at $3,870 on Thursday, its highest point since December last year and 180% above the lowest point this year.Ethereum ETF inflows have surgedData shows…
The crypto market was highly volatile in July as Bitcoin price jumped to a record high and Ethereum made a strong breakout to nearly $4,000. ETF inflows soared and more treasury companies came online. This article looks at some top tokens like Ethena (ENA), Hedera Hashgraph (HBAR), and Zebec Network (ZBCN).Ethena…
Rolls-Royce Holdings published strong financial results, mirroring those of its top rivals like GE Aerospace, Safran, and GE Vernova. The results demonstrated the ongoing demand across its three divisions, which are seeing strong tailwinds. Here are the top takeaways in its earnings.Rolls Royce earnings takeawaysIn a statement, Rolls-Royce said that…
St. James Place share price has staged a strong comeback in the past two years, marking a strong turnaround for a company that was on the brisk a few years ago. STJ jumped to a high of 1,280p, its highest point since March 2022 and 220% above its lowest point…
The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback. It was trading at $97.50 on Tuesday, a few points below the year-to-date high of $102p. It has crashed to the lowest point since July 21.HSBC share buyback and…
Indian equity benchmarks, the Sensex and Nifty, are poised for a subdued start to Wednesday’s trading session, as a confluence of global and domestic factors fosters a sense of rising caution among investors. The market is contending with the impending US Federal Reserve policy decision, the continued delay in a…