Nvidia Set to Outshine Q2 Earnings Predictions, But What’s Next for Its Stock?Eugene Investment & Securities predicts Nvidia will surpass Q2 earnings expectations but warns of slower stock growth ahead.
Chinese Steel Exports Drive Iron Ore Prices to New LowsChinese steel companies boost low-cost exports due to domestic demand slowdown, pressuring global markets and iron ore prices.
Gold Prices Soar: Gold Bars Now Exceed $1 Million for the First Time EverRecent increases in gold prices have pushed the price of gold bars to surpass $1 million for the first time in history.
NVIDIA Soars to New Heights: Stock Hits $130, Overtakes Microsoft as 2nd Largest NYSE Listed CompanyNVIDIA’s stock rose to $130, making it the second-largest company by market cap, surpassing Microsoft and nearing Apple.
Tesla Pulls the Plug on Cheapest Cybertruck: From $40K Dreams to $100K RealityTesla announced on its website that it would no longer accept orders for the $61,000 base model of the Cybertruck.
Shuttlecock Prices Skyrocket: Is Badminton Now a Sport for the Rich?The recent surge in shuttlecock prices in China has sparked controversy about badminton becoming a sport for the wealthy.
China's Appetite Shakes Up Global Fruit Prices: How China's Love for Durians Is Reshaping TradeThe popularity of durian has dramatically increased in China. Last year, Southeast Asian countries exported it worth $6.7 billion to China.
NVIDIA's Boom: How Stock Options Turned Employees into Millionaires!Benzinga estimated that employees who joined Nvidia five years ago have become millionaires, thanks to the company's stock price soaring.
Why Your Next Samsung Phone Will Cost More: Snapdragon 8 Gen 4 Unveiled!Qualcomm's application processor (AP), the Snapdragon 8 Gen 4, is responsible for a potential price increase for the Galaxy S25 Ultra.
China's Xiaomi EV Shatters Expectations with Record-Breaking 20,000 Deliveries!China's Xiaomi EV announced on Weibo that the cumulative number of deliveries of its first model, the SU7, exceeded 20,000 units on June 13.
Target Slashes Prices on Thousands of Items: From Diapers to Dairy!Target announced on the 20th that it will reduce the prices of at least 5,000 frequently purchased items, including milk and diapers.
Americans Turn Away from McDonald's and Starbucks After Price HikesAccording to a new analysis, recent inflation by major food and beverage franchises such as McDonald ...
U.S. Oil Reserves at Highest Since February, Prices RecoverOn the 2nd (local time), oil prices partially recovered losses after the US crude oil inventory significantly increased, boosting supply. July Brent crude traded at the $84 per barrel line, the lowest since mid-March, while West Texas Intermediate crude rose above $80. Commodity prices, including oil, became more attractive as the dollar value plummeted after […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and SkepticismThe automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
US and Australia Struggle as China Cancels Wheat OrdersChicago wheat futures prices have fallen by 10% since the start of the yearChina cancels order for 504,000 tons of U.S. wheatFood Security Law to take effect in JunePressure to curb grain imports increases Wheat prices have plummeted as China, the world’s largest grain importer, recently canceled large wheat orders from the U.S. and Australia. […]
Inflation-Driven Gold Rush: Price per Ounce Breaches $2300 for the First TimeAs expectations grew that U.S. inflation would not easily slow down, the price of gold futures broke through $2300 per ounce for the first time on March 3rd. On this day, the closing price of gold futures for June delivery on the New York Mercantile Exchange recorded $2315.0 per ounce, up $33.2 (1.5%) from the […]
Cocoa Prices Hit Record High, Surpass Copper and BitcoinThe price of cocoa, the primary ingredient in chocolate, has reached an all-time high, surpassing the $9,000 mark for the first time. This surge is attributed to concerns of supply shortages due to reduced production caused by climate change. According to Bloomberg, on the 25th (local time), cocoa futures traded in New York closed at […]
Mondelez Resilient in Face of Price Hikes: Sales Stay StrongAmerican confectionery company Mondelez (MDLZ) continues to see steady sales despite price increases. Mondelez has implemented price hikes in key regions such as Europe and Latin America. However, the company is believed to be defending against a decrease in sales volume based on brand loyalty. “The company is proactively responding to offset the cost burden […]
Chinese Electric Cars Outperform US Competitors in SalesThe Financial Times reported that Mathias Miedreich, CEO of Belgian conglomerate Umicore, said that sales of Chinese-made electric vehicles outpace those from the U.S. because of their superior performance and better price. In the interview, he said that Chinese electric cars sell well because they are genuinely good, and it seems like American companies are […]
Investment Alert: Gold Prices Soar to Record Highs, Time to Buy In?Amid the gold price reaching an all-time high, experts have suggested increasing investments as the upward trend is expected to continue. Hwang Byung Jin, a researcher at NH Investment & Securities, stated in a report on the 11th, “As the tight monetary policy led by the U.S. Federal Reserve is nearing its end, the gold […]
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