China’s manufacturing activity grew at its fastest pace in a year in March, reflecting the impact of Beijing’s stimulus measures on economic recovery. However, escalating trade tensions with the US present challenges to sustained growth.China’s manufacturing PMI risesThe official purchasing managers’ index (PMI) reached 50.5 in March, according to data…
CoreWeave’s initial public offering indicates signs of a pickup in dealmaking, which could prove to be a meaningful tailwind for the likes of the Goldman Sachs Group (NYSE: GS) in 2025.The AI cloud infrastructure company had to downsize its IPO due to macro headwinds to $40 per share.However, it still…
AI stocks have been hammered in recent weeks, part of which is related to the macro headwinds, but some of it, at least, is due to concerns of an AI slowdown ahead.But recent data continues to dismiss such fears as inflated. In fact, if anything, the demand for compute has…
Bitcoin has continued to consolidate in recent sessions even after GameStop announced plans to invest in the world’s largest cryptocurrency by market cap.However, the news is still meaningful for the crypto world – it’s just the uncertainty coming out of the White House that’s disabling BTC price from celebrating it…
Paul Marchant, the chief executive of Primark, has resigned with immediate effect following an allegation about his behavior in a social setting. The announcement was made by Primark’s parent company, Associated British Foods (ABF), which stated that Marchant admitted to an “error of judgment” and accepted that his actions fell…
The ASX 200 index remained on edge on Monday as analysts and investors waited for the second Reserve Bank of Australia (RBA) decision of the year. It was trading at A$7,850, its lowest level since August 12, and 9.08% below its highest level this year. RBA interest rate decisionThe ASX 200…
The FTSE 100 index soared to a record high this year as European stocks continued to do well. It peaked at £8,908 on Monday, up by over 77% from its lowest point in 2020. It was trading at £8,660 ahead of the upcoming Liberation Day. The Footsie index has a dividend…
The AUD/USD exchange rate has retreated in the past few days ahead of the upcoming Reserve Bank of Australia (RBA). It was trading at 0.6278, down by almost 10% from its highest point in 2024. It has also pulled back by almost 2% from its highest point this year.RBA interest…
The Rolls-Royce share price has stalled in the past few ways as concerns about costs and supply chain issues remained. The RR stock retreated to 775p on Friday, down from the year-to-date high of 817p. This article explores why the RR share price may keep pumping this year.Donald Trump Liberation…
The BSE Sensex Index has crawled back in the past few days as traders wait for Donald Trump’s upcoming tariffs. It rose to a high of ₹77,415 on Monday, up from the year-to-date low of ₹72,680. It remains at almost 10% of its highest level this year. So, what next…