China’s consumer and producer prices are heading in opposite directions as the country grapples with falling global demand, a worsening trade war with the US, and domestic efforts to boost consumption. Consumer prices declined 0.1% year-on-year in March, marking a second consecutive month of deflation. Meanwhile, producer prices dropped 2.5%,…
Electricity demand to power AI technology and data centres by the end of this decade will require more than Japan’s electricity consumption today.The consumption of electricity by data centres is projected to increase by over two times, reaching approximately 945 Terawatt-hour by the year 2030, according to a report released…
Etterspørsel etter strøm for å drive AI-teknologi og datasentre innen slutten av dette tiåret vil kreve mer enn Japans strømforbruk i dag.Forbruket av elektrisitet til datasentre er anslått å øke med over to ganger, og nå omtrent 945 terawatt-timer innen år 2030, ifølge en rapport utgitt av Det internasjonale energibyrået…
European markets posted sharp gains on Thursday following a surprise move by US President Donald Trump to postpone a new round of tariffs on dozens of countries, including the European Union. The announcement, made late on Wednesday, triggered a major rally across global equities, as investors responded to signs of…
Rolls-Royce share price pared back some of the losses made earlier this month as Donald Trump’s trade war eased. After bottoming at 560p on April 7, it has soared to a high of 790p on Thuesday, a few points below the all-time high of 815p. So, will the stock keep…
European markets posted sharp gains on Thursday after US President Donald Trump unexpectedly postponed a new round of tariffs on dozens of countries, including the European Union. The decision sent relief rippling through financial markets, with the FTSE 100 surging by more than 4% to mark its biggest daily gain…
The EUR/USD exchange rate continued its strong uptrend as global risks rose. It jumped to a high of 1.1087, its highest swing since April 4. It has soared by over 8.3% from the lowest point this year as focus shifts to the upcoming US consumer inflation data and Federal Reserve…
Fartcoin price went parabolic this week as it disconnected from other Solana meme coins. It jumped to a high of $0.7845 on Thursday, its highest level since February 3 and nearly 300% above the current level. This surge has pushed its market cap to over $710 million, making it the…
Crypto prices wavered on Thursday morning as investors remained concerned about the bond market. The ten-year bond yield dropped by 2.8% to 4.27%, while the 30-year and 2-year dropped by 2.32% and 1.8%, respectively. The stock market also pulled back, with futures tied to the Dow Jones dropping by 110 points,…
Tesla stock price went parabolic on Wednesday, leading to a $35 billion surge in Elon Musk’s wealth. It soared by over 22% on its best day in over a year. This surge happened as the market bought the dip after Donald Trump paused some of his Liberation Day tariffs. This…