Wall Street Bulls See No Ceiling for S&P 500Wall Street institutional investors are increasingly optimistic about the stock market. Evercore ISI expects the Standard & Poor’s (S&P) 500 index to reach 6000 by the end of this year. They also forecast it will reach 7000 by the end of next year. Goldman Sachs also expects it to hit 5700 by the end of […]
Why the Federal Reserve Won't Cut Rates Until the End of the YearAfter maintaining the highest benchmark interest rate (5.25-5.5%) in 23 years for seven consecutive times, the Federal Reserve System (Fed) suggests that people may have to wait until the end of 2024 for lower interest rates. President of the Federal Reserve Bank of Minneapolis Neel Kashkari mentioned the timing of the interest rate cut during […]
Is the Left-Wing Reign Over? European Markets Wobble as Far-Right Rises in EU ParliamentAnalysts predict that although short-term volatility is inevitable due to the right-wing shift in the European Union (EU), a gradual return to normalcy is expected as fundamentals recover. As anticipated, far-right parties made significant gains in the European Parliament elections held from June 6-9. Among individual countries, France saw the greatest expansion of far-right influence, […]
China Opens Doors to Tesla's Full Self-Driving SystemTesla received approval to test its self-driving assistance system, Full Self-Driving Capability (FSD), in Shanghai, China.
Economic Titans: The Secrets Behind U.S. Global DominanceThe U.S. has managed to subdue any country that dares to challenge it. It brought Japan to its knees during World War II, caused the collapse of the Soviet Union after the Cold War, and effortlessly subdued Japan and Europe when they challenged its economic power. Now, it’s taming China. But what is the source […]
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and StrongAnalyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
Saudi Arabia Chooses Chinese Yuan Over US Dollar: Global Markets ReactReports from industry sources reveal that the Petrodollar agreement between Saudi Arabia and the United States expired on the 9th.
Interest Rates Hold Firm as Fed Evaluates Economic GrowthThe U.S. has once again frozen its benchmark interest rate. The U.S. Federal Reserve (Fed) announced on the 12th (local time) that it unanimously decided to maintain the benchmark interest rate at its current level following the regular meeting of the Federal Open Market Committee (FOMC). The Fed, which had aggressively raised interest rates until […]
UAE Backs US Restrictions on Semiconductors Exports To ChinaThe United Arab Emirates has supported the U.S.'s export restrictions on large-scale AI accelerators to Middle Eastern countries.
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue?The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Goldman Sachs Predicts a Sizzling Stock Market This Summer!In an investment report on June 6, Goldman Sachs indicated that they are observing more positive signals in the market this summer.
Modi's Victory Already Harming Indian Economy as Market PlungesPrime Minister Narendra Modi has succeeded in his third consecutive term in the Indian general elections. Contrary to the exit poll results predicting a landslide victory for Modi’s ruling party, the Bharatiya Janata Party (BJP), the main stock market index in India plummeted as the BJP failed to secure a majority of seats during the […]
Tesla's May Sales in China Drop 6.6% Despite April Rebound, Jan-May Figures Show DeclineTesla's sales in China in May 2024 amounted to only 72,573 units, down 6.6% from last year. The slide came after an 18% fall in April that...
Microsoft's $3.2 Billion Nordic Bet: AI and Cloud Expansion Across ScandinaviaMicrosoft has been working to promote the adoption of AI not just in Sweden but across all of Northern Europe.
U.S. Shoppers Beware: Fiji Water Issues Recall Over Contamination ConcernsFiji Water has initiated a recall in the United States due to exceeding the standard levels of manganese and bacteria.
How Cathie Wood Let Billions Slip Away with Early NVIDIA SaleCathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
Pennsylvania Could Supply 40% of U.S. Lithium DemandA research team at the University of Pittsburgh has suggested the possibility of large-scale lithium extraction in Pennsylvania.
Samsung Workers Strike for the First Time: A Historic Labor ShowdownThe National Samsung Electronics Union (NSEU) has decided to go on strike for the first time since the establishment of Samsung Electronics.
Strike Alert! Canada's Second-Largest Copper Mine Faces ShutdownCanada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ...
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales IncreaseiPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ...
Wall Street Bulls See No Ceiling for S&P 500 Wall Street institutional investors are increasingly optimistic about the stock market. Evercore ISI expects the Standard & Poor’s (S&P) 500 index to reach 6000 by the end of this year. They also forecast it will reach 7000 by the end of next year. Goldman Sachs also expects it to hit 5700 by the end of […]
Why the Federal Reserve Won't Cut Rates Until the End of the Year After maintaining the highest benchmark interest rate (5.25-5.5%) in 23 years for seven consecutive times, the Federal Reserve System (Fed) suggests that people may have to wait until the end of 2024 for lower interest rates. President of the Federal Reserve Bank of Minneapolis Neel Kashkari mentioned the timing of the interest rate cut during […]
Is the Left-Wing Reign Over? European Markets Wobble as Far-Right Rises in EU Parliament Analysts predict that although short-term volatility is inevitable due to the right-wing shift in the European Union (EU), a gradual return to normalcy is expected as fundamentals recover. As anticipated, far-right parties made significant gains in the European Parliament elections held from June 6-9. Among individual countries, France saw the greatest expansion of far-right influence, […]
China Opens Doors to Tesla's Full Self-Driving System Tesla received approval to test its self-driving assistance system, Full Self-Driving Capability (FSD), in Shanghai, China.
Economic Titans: The Secrets Behind U.S. Global Dominance The U.S. has managed to subdue any country that dares to challenge it. It brought Japan to its knees during World War II, caused the collapse of the Soviet Union after the Cold War, and effortlessly subdued Japan and Europe when they challenged its economic power. Now, it’s taming China. But what is the source […]
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and Strong Analyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
Saudi Arabia Chooses Chinese Yuan Over US Dollar: Global Markets React Reports from industry sources reveal that the Petrodollar agreement between Saudi Arabia and the United States expired on the 9th.
Interest Rates Hold Firm as Fed Evaluates Economic Growth The U.S. has once again frozen its benchmark interest rate. The U.S. Federal Reserve (Fed) announced on the 12th (local time) that it unanimously decided to maintain the benchmark interest rate at its current level following the regular meeting of the Federal Open Market Committee (FOMC). The Fed, which had aggressively raised interest rates until […]
UAE Backs US Restrictions on Semiconductors Exports To China The United Arab Emirates has supported the U.S.'s export restrictions on large-scale AI accelerators to Middle Eastern countries.
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue? The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Goldman Sachs Predicts a Sizzling Stock Market This Summer! In an investment report on June 6, Goldman Sachs indicated that they are observing more positive signals in the market this summer.
Modi's Victory Already Harming Indian Economy as Market Plunges Prime Minister Narendra Modi has succeeded in his third consecutive term in the Indian general elections. Contrary to the exit poll results predicting a landslide victory for Modi’s ruling party, the Bharatiya Janata Party (BJP), the main stock market index in India plummeted as the BJP failed to secure a majority of seats during the […]
Tesla's May Sales in China Drop 6.6% Despite April Rebound, Jan-May Figures Show Decline Tesla's sales in China in May 2024 amounted to only 72,573 units, down 6.6% from last year. The slide came after an 18% fall in April that...
Microsoft's $3.2 Billion Nordic Bet: AI and Cloud Expansion Across Scandinavia Microsoft has been working to promote the adoption of AI not just in Sweden but across all of Northern Europe.
U.S. Shoppers Beware: Fiji Water Issues Recall Over Contamination Concerns Fiji Water has initiated a recall in the United States due to exceeding the standard levels of manganese and bacteria.
How Cathie Wood Let Billions Slip Away with Early NVIDIA Sale Cathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
Pennsylvania Could Supply 40% of U.S. Lithium Demand A research team at the University of Pittsburgh has suggested the possibility of large-scale lithium extraction in Pennsylvania.
Samsung Workers Strike for the First Time: A Historic Labor Showdown The National Samsung Electronics Union (NSEU) has decided to go on strike for the first time since the establishment of Samsung Electronics.
Strike Alert! Canada's Second-Largest Copper Mine Faces Shutdown Canada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ...
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales Increase iPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ...
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