Canada’s real GDP fell 0.1% in April, reversing a 0.2% increase in March, according to Statistics Canada. The national economy was dragged down by a broad recession in goods-producing industries, which fell by 0.6%, led by a sharp drop in manufacturing. Meanwhile, the services sector posted a tiny 0.1% increase,…
The Russell 2000 index has already been in a sharp uptrend over the past three months, but Craig Johnson, the chief market technician at Piper Sandler , believes the small-cap benchmark is on the verge of a breakout that could push it up much further in the months ahead.In a…
A top German data protection watchdog has called for tech giants Apple and Google to consider removing the Chinese AI app DeepSeek from their platforms, alleging the service unlawfully transfers user data to China without adequate safeguards.Meike Kamp, Berlin’s data protection commissioner, said Friday that DeepSeek’s data handling practices are…
London is likely to experience scorching heatwaves this weekend, with temperatures climbing and peaking on Monday, according to the Met Office. Rising temperatures coincide with the start of play at the All England Club on Monday, potentially making it Wimbledon’s hottest ever opening.Warm and humid weekendA cloudy start is expected on…
Snap Inc (NYSE: SNAP), the parent company of Snapchat, has endured a brutal comedown since its 2021 peak, with shares down nearly 90% from their all-time high.But beneath the rubble lies a social media firm quietly rebuilding its growth engine – and investors might want to take notice.From cutting-edge advertising…
Following an exciting rally in recent months, shares of JPMorgan and Bank of America may now be running on fumes only, according to a senior Baird analyst.David George recommends a more cautious stance on the two money center banks since their risk-reward profiles have become increasingly unattractive as valuations stretch…
The crypto market remained on edge this week, even after the 12-day war in Iran ended. Bitcoin remained in a tight range around the $107,000 level, while most altcoins plunged. This article provides a forecast for top crypto prices like Ripple (XRP), Livepeer (LPT), and Quant (QNT).XRP price technical analysisXRP…
The United States and China have formally finalized a trade understanding first reached last month in Geneva, a move that could ease tensions between the world’s two largest economies. The deal, which includes a Chinese commitment to deliver rare earth minerals essential to key US industries, was signed two days…
Xiaomi stock price has surged to a record high of H$61.05, making it one of the best-performing companies in the Hang Seng Index this year. It has jumped by over 615% from its lowest point in 2022.This performance has diverged from the performance of Apple, its biggest rival whose stock…
Japan’s NTT Data Group has filed a preliminary prospectus with Singapore’s financial regulator to list a real estate investment trust on the Singapore Exchange, in what could be the largest REIT initial public offering in the city-state since 2017.According to people familiar with the matter, the IPO could raise as…