BNB Chain has delivered some of its strongest performance metrics in years, but the price of its native token continues to lag behind expectations. In the first half of 2025, the network saw revenue touch its highest level since 2021, with major peaks reported in both January and June. According…
The post UK’s Greggs feels the heat; shares dip as hot weather cools sales of hot bakes appeared first on Invezz
The copper market is flashing warning signs of scarcity with spot prices on the London Metal Exchange trading well above the futures. The cost of purchasing copper on Tuesday is higher than the futures contracts of the commodity. The premium on the most active 3-month contract has reached its widest point…
Citing elevated risks and government debt, HSBC increased its average gold price forecast for 2025 to $3,215 an ounce from $3,015. Similarly, its 2026 forecast rose to $3,125 from $2,915.During times of economic uncertainty and geopolitical tension, gold often performs well. This trend propelled spot gold to a record high…
Shares of Tesla (TSLA) faced significant pressure on Tuesday after President Donald Trump, in a late-night social media post, called for a federal review into cutting subsidies for Elon Musk’s companies. The President’s remarks immediately impacted the market, causing Tesla’s stock to decline sharply in premarket trading.The subsidy scrutinyPresident Trump’s…
Fed Chair says US interest rates would be lower if not for Donald Trump’s tariff plan.Federal Reserve Chair Jerome Powell on Tuesday acknowledged that the US central bank likely would have adopted easier monetary policy by now if not for President Donald Trump’s aggressive tariff agenda, which he said materially…
President Donald Trump’s multi-trillion-dollar tax and spending package recently advanced closer to enactment following its passage in the Senate. The Senate’s version of the legislation introduced several modifications compared to the earlier House-approved bill, notably including deeper reductions to social safety-net programs and an accelerated timeline for phasing out clean…
Precious metals analysts at the World Bank project an upward skew for gold’s price over the next 18 months, according to a Kitco.com report. Meanwhile, silver and platinum are expected to extend their recent strength through 2026.“Precious metal prices surged to record highs in the first half of 2025, building on…
Following the US Senate’s passage of a revised budget bill, shares in European renewable energy companies saw a rise on Wednesday. This new bill offers a more favorable outlook for the wind industry than its previous iteration, according to a Reuters report.Shares riseShares of Danish wind turbine maker Vestas saw an…
Greggs, the well-known UK high-street baker, famous for its sausage rolls and hot savoury bakes, announced on Wednesday that uncharacteristically hot weather in June negatively impacted its sales for the month.The bakery chain experienced a roughly 15% drop in its share price on Wednesday. The decline in shares of Greggs followed…