Japan’s wholesale inflation accelerated in June due to yen declines, raising raw material import costs and rate hike expectations.Rising global commodity costs and ending fuel subsidies…
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The S&P 500 and Nasdaq hit record highs as Nvidia surged, while Fed Chair Powell’s testimony hinted at potential rate cuts.Nvidia surged 2.4%, while Applied Materials…
The Nasdaq and S&P 500 hit record highs Monday, while the Dow reached a one-month high, as investors awaited key reports.Advancing issues outpaced decliners by a…
Bitcoin plummeted to a four-month low, breaching support levels due to anticipated token sales and selling pressure from leveraged traders.The world’s largest cryptocurrency dropped over 8%,…
Global stocks rose as the U.S. dollar fell on Wednesday, driven by soft labor market data and expectations of Fed rate cuts.According to recent U.S. Labor…
Amazon founder Jeff Bezos plans to sell nearly $5 billion in shares following the stock’s record high, a filing revealed.After hours Tuesday, a notice revealed the…
British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income.Revolut reported a record pretax…
Canadian stocks moved lower on Tuesday following remarks by the chair of the US Federal Reserve. The remarks raised concerns about the trajectory of interest rate…
Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock, while Airbus pursued the supplier’s European operations.The 737 MAX crisis ended the two-decade independence…
Wall Street indexes were flat to higher Wednesday as tech stocks stabilized and investors awaited a key inflation report.Nvidia, the chip leader, fell 1.1% after rising,…