US President Donald Trump defended his economic record during a lengthy address to Congress on Tuesday, saying he brought a “golden age,” describing the current period as a strong national performance while confronting declining approval ratings, policy disputes, and geopolitical uncertainty.The speech, lasting one hour and 47 minutes, became the…
Asian equities advanced on Wednesday on artificial-intelligence enthusiasm, cryptocurrencies attempted a rebound, and Paramount increased its bid for Warner Bros. Discovery. Meanwhile, attention also remained on US President Donald Trump’s record-length address to Congress.Asian equities climb on AI optimismAsian financial markets moved higher, led by technology and semiconductor stocks tied…
Senior US military leaders, including Defense Secretary Pete Hegseth, met executives from artificial intelligence firm Anthropic on Tuesday as a simmering dispute over military use of AI entered a critical phase.At issue is how far the US government should be allowed to go in deploying Anthropic’s powerful large language model,…
Salesforce’s stock price continued its strong downward trend this week, reaching its lowest level since March 2023. CRM dropped to $178, down by over 50% from its highest level in 2025, with its market capitalisation falling from $378 billion to the current $166 billion, as focus shifts to the upcoming…
The Trade Desk stock price has crashed, erasing billions of dollars in value as growth concerns have remained. It has dropped in the past five consecutive weeks, reaching its lowest level since April 2020.As a result, its market capitalisation has dropped from $68 billion to $9.5 billion today. The Trade…
The USD/ZAR exchange rate continued its rally this week as the dollar debasement trade gained momentum. It dropped for four consecutive days to trade at 15.95, down by 20% from its highest point last year. This article provides a forecast for the South African rand.South African rand rallies amid the…
The USD/JPY exchange rate continued rising this week, reaching its highest level since February 10 after Sanae Takaichi nominated two dovish central bank officials. It rose to a high 156, much higher than the year-to-date low of 152.28.Sanae Takaichi nominates dovish Bank of Japan officialsThe Japanese yen has retreated in…
The HSBC share price jumped by over 3% in Hong Kong, reaching a high of $140, its highest level since February 11. It is nearing its all-time high of $141.5, up by 102% from its lowest level in April last year. It has jumped by over 300% in the last…
Amid the intensity of Wall Street trading, investors are increasingly turning to AI-driven sentiment analysis to shape forecasts. Yet, a section of the market continues to place faith in astrology, betting that planetary alignments can predict bull runs more effectively than traditional quantitative models.Last month, a report by the Financial…
President Donald Trump said he will raise his planned global tariff rate to 15% from 10%, escalating his tariff gambit less than 24 hours after the US Supreme Court undercut the legal bedrock of his broader economic strategy. The move underscores both the White House’s determination to sustain a hard…