Asian stock markets displayed a cautiously positive tone at Wednesday’s open, attempting to build on a multi-day rally in US equities. However, investor conviction appeared tentative ahead of crucial US economic data releases and a heavy slate of corporate earnings reports that are expected to provide critical insights into the…

Indian equity benchmark indices, Sensex and Nifty 50, appear set for a subdued opening on Wednesday, following a day of consolidation and reflecting mixed signals from global markets. After a strong multi-day rally, technical indicators and options market data suggest a potential pause or range-bound trading in the near term.The…

In a significant move signaling its commitment to next-generation automotive technology, Japan’s leading automaker, Toyota Motor Corp., announced a new partnership on Wednesday with Waymo, the prominent US company specializing in autonomous driving systems. The collaboration aims to explore advancements in self-driving vehicles, aligning Toyota’s manufacturing prowess with Waymo’s pioneering…

In a significant, albeit discreet, policy adjustment, China has reportedly created a list of specific US-made products eligible for exemption from its steep 125% retaliatory tariffs. According to a report in Reuters, Beijing is quietly notifying select companies about the existence of this “whitelist”, rather than making a public announcement,…

European stock markets opened higher on Wednesday, attempting to extend a recent winning streak as investors navigated another significant wave of corporate earnings reports and awaited key economic growth data for the Eurozone. The underlying market sentiment remained cautiously optimistic, despite persistent uncertainties surrounding global trade and tariffs.The pan-European Stoxx…

Global automakers are dialling back profit forecasts and suspending guidance as tariff tensions, weakening margins from electric vehicles, and mounting global competition cast a shadow over the industry’s near-term prospects.From Volkswagen and Mercedes-Benz to Stellantis and Aston Martin, companies are warning that US trade policy under President Donald Trump, combined…

SoFi Technologies Inc (NASDAQ: SOFI) chief executive Anthony Noto says the neobank is fully committed to “re-entering the crypto category” in 2025. Speaking with CNBC this week, Noto said SoFi will likely resume crypto-related services within the next six months as the regulatory environment continues to evolve under Trump 2.0.Noto’s…

US stocks remain volatile as investors wait and see how the tariff situation unravels moving forward. Fears are that the Trump administration’s new trade policies could lead to a full-blown trade war or even a severe global recession.Whatever may come to pass, however, buying high-quality stocks at a bargain irrespective…

After prolonged struggles with declining sales and fading customer loyalty, Starbucks is on a mission to return to the fundamentals of its coffee-shop experience, but external pressures and weaker earnings are testing investor patience.The coffee giant reported fiscal second-quarter results on Tuesday that missed Wall Street expectations, sending its shares…