The dominance of the Magnificent Seven stocks may be fading as investors broaden their focus beyond Big Tech. While the group of market-leading companies, including Nvidia, Meta, and Amazon, continues to drive gains, other sectors are beginning to outperform, according to a report by Barron’s. The Roundhill Magnificent Seven exchange-traded…
China has officially blacklisted PVH Corp., the owner of popular brands like Calvin Klein and Tommy Hilfiger, marking an early consequence of President Donald Trump’s trade war. The Chinese government added PVH to its “unreliable entities” list, a designation that allows China to impose severe penalties on the company, including…
Russell Vought has been confirmed as the director of the Office of Management and Budget (OMB). The Senate voted 53-47 in favour of Vought, a key figure in President Donald Trump’s economic strategy and one of the architects of Project 2025. His appointment has sparked fierce debate, with Democrats staging…
Zomato has announced it will change its corporate name to Eternal Ltd, marking a major rebranding move aimed at reflecting its growth beyond food delivery. The company confirmed the decision in a regulatory filing on Thursday, stating that its board had approved the name change, though it still requires approval…
Bitcoin price has retreated in the past few days and remains 10% below the highest level this year. This retreat has triggered an altcoin bear market, with most cryptocurrencies falling by over 50% from their all-time high. Bitcoin has formed a bullish flag chart pattern on the weekly chart, pointing…
The USD/CAD exchange rate has pulled back sharply in the past few days after Donald Trump paused tariffs on Canadian goods. It initially jumped to a high of 1.4787 on Monday, and has now retreated to 1.4300, a 3.15% drop. So, what next for the USD to CAD pair ahead…
The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first interest rate cut since the pandemic. The USD/INR exchange rate was trading at 87.50 on Friday, a few points below the all-time high of 87.61. It has risen…
The FTSE 100 index continued its bullish momentum this week as it hovered near its all-time of £8,775. It has soared by about 14% in the last 12 months and 6.50% this year. It is still lagging behind popular European indices like the DAX and CAC 40 indices. Let’s explore…
XRP’s price continued to remain under severe pressure on Friday. At the time of writing, XRP price was down over 6%, trading at $2.30 after hitting an intraday low of $2.29 and a high of $2.46. The coin has seen a weekly decline of around 25%. XRP price chart from…
Applied Materials stock price has remained in a tight range in the past few weeks as investors focused on the data center and artificial intelligence industry. AMAT was trading at $182.80 on Friday, down by over 28% from its highest level this year. So, is Applied Materials a good stock…