Investors should read the post earnings decline in Marvell Technology Inc (NASDAQ: MRVL) this morning as an opportunity to buy a quality name at a deep discount, according to Loop Capital analyst Gary Mobley.On Thursday, the semiconductor giant came in ahead of Street estimates for its fourth quarter and issued…
President Donald Trump announced that Mexico will be exempt from his newly imposed 25% tariffs on goods and services covered under the USMCA trade agreement, providing temporary relief for a key US trading partner.“This exemption will remain in place until April 2,” Trump stated in a social media post on…
Ecopetrol’s president, Ricardo Roa, confirmed that the Colombian state-owned company would not conduct any business with Venezuela as long as US Office of Foreign Assets Control (OFAC) prohibitions were in effect.This declaration represents an important position for Ecopetrol, particularly in light of recent geopolitical changes affecting the region’s oil and…
Uber Technologies Inc (NYSE: UBER) has had an incredible start to the new year but its year-to-date gains may only be a drop in the bucket compared to where the stock may be headed in 2025, according to Timothy Chubb.The chief investment officer of Girard Advisory Services expects the ride-sharing…
Investors have been cautious about high-growth technology stocks in 2024, with broader market uncertainty and concerns over President Donald Trump’s tariff policies putting pressure on valuations. The Nasdaq Composite has declined 6% so far this year as investors rotate out of last year’s best-performing stocks and software companies have not…
US stock markets witnessed sharp declines this week as investors reacted to uncertainty surrounding President Donald Trump’s shifting tariff policies. While analysts debated the impact of trade restrictions, Trump attributed the sell-off to ‘globalists,’ a term he has frequently used to describe individuals, corporations, and nations that he believes undermine…
The US labour market likely continued to add jobs in February, but concerns over trade policies, immigration crackdowns, and federal job cuts are creating an increasingly uncertain outlook. Economists expect the upcoming Labour Department report to show an addition of 160,000 jobs, up from 143,000 in January, with the unemployment…
The EUR/USD exchange rate jumped to its highest level since November last year after the European Central Bank (ECB) slashed interest rates to aid the ailing economy. It also rose to 1.0853 ahead of the upcoming nonfarm payrolls (NFP) data and as the US dollar index crash accelerated. ECB interest rate…
The Nikkei 225 index has remained under pressure this year and continued to underperform its global peers like the German DAX and French CAC 40. It retreated to a low of ￥36,897 on Friday, its lowest level since September 19. It has fallen by almost 10% from its highest level…
The Hang Seng index has surged this year and is beating some of its top global peers like the Dow Jones, Nasdaq 100, and S&P 500. It has jumped by over 22% in 2025 and is now hovering at its highest level since February 2022. It soared by over 68%…