Last news

Cocoa Prices Skyrocket, Breach $10,000 Mark

Cocoa Prices Skyrocket, Breach $10,000 Mark

Economy news
3 weeks ago

Step aside Nvidia, the hottest trade of 2024 is shaping up to be a commodity: cocoa. In an unprecedented surge, cocoa futures have soared, more than doubling since the start of the year and recently surpassing an all-time high of $10,000 per metric t...

Nvidia Has Serious AI Healthcare Ambitions

Nvidia Has Serious AI Healthcare Ambitions

Stocks news
3 weeks ago

Nvidia is making a big push into generative AI for surgery and medical imaging. The company recently announced the launch of roughly two dozen new AI-powered, healthcare-focused tools. It also reported significant deals with Johnson & Johnson and...

Tech Giants Google and Apple Eye AI Integration

Tech Giants Google and Apple Eye AI Integration

Stocks news
3 weeks ago

In what could be a landmark partnership reshaping the tech landscape, Google and Apple are considering incorporating Gemini's cutting-edge AI into the iPhone, stirring the stock market and signaling a new chapter in AI's consumer technology role.&nbs...

Gold Prices Hit Record Highs and Show No Signs of Stopping

Gold Prices Hit Record Highs and Show No Signs of Stopping

Economy news
3 weeks ago

The recent surge in gold prices to an all-time high of $2,203 per ounce, with forecasts suggesting a potential rise to $2,300, underscores a remarkable trend in the global economy. The rally, powered by a combination of strong physical demand, c...

Bitcoin Sell-Off Heats Up After All-Time High

Bitcoin Sell-Off Heats Up After All-Time High

And just like that, the pendulum has swung. The price of Bitcoin, after an impressive surge in the last few weeks, is pulling back sharply.  It recently dropped below the $61,000 threshold, marking a continuation of the sell-off that began short...

Japan Finally Ends Negative Interest Rate Policy

Japan Finally Ends Negative Interest Rate Policy

Economy news
4 weeks ago

In a monumental shift in monetary strategy, Japan has bid farewell to its negative interest rate policy, a move signaling the end of an aggressive monetary easing era aimed at combating chronic deflation. This departure from a policy set in plac...

India Wants to Be a Semiconductor Leader Within Five Years

India Wants to Be a Semiconductor Leader Within Five Years

Economy news
4 weeks ago

India has set its sights on becoming one of the top five global semiconductor producers within the next five years. The country plans to gatecrash the global semiconductor value and supply chains, amidst increasing efforts to reduce reliance on China...

Shares of German Property Giant Vonovia Fall 7%

Shares of German Property Giant Vonovia Fall 7%

Stocks news
1 month ago

In an alarming moment for Germany's property market, Vonovia, a leading real estate firm, experienced a significant share price drop of 7% following the announcement of its largest ever annual loss. The company's financial struggles highlight the bro...

Tesla Stock Price Under Pressure

Tesla Stock Price Under Pressure

Stocks news
1 month ago

Tesla stock used to be a sure bet, but the automaker now finds itself in a precarious position as its stock falls. Since its peak in 2021 at $407, Tesla's shares have slid by approximately 60%. This decline makes it the worst-performing stock in the...

Adidas Reports 2023 Losses Linked to Kanye Fallout

Adidas Reports 2023 Losses Linked to Kanye Fallout

Stocks news
1 month ago

Adidas has reported losses from the fallout from terminating its collaboration with Kanye West. The partnership ended after the rapper sparked controversy with anti-Semitic remarks on social media, halting the lucrative Yeezy trainer line and leaving...

China's Trade Momentum Builds in Early 2024

China's Trade Momentum Builds in Early 2024

Economy news
1 month ago

In a promising development for China's economy, the country's export sector exhibited robust growth in the first two months of 2024, defying expectations and signaling potential relief for policymakers working to revitalize the world's second-largest...

Oil Price Expected to Increase in 2024

Oil Price Expected to Increase in 2024

Economy news
1 month ago

The price of oil is notoriously volatile, but 2023 was relatively stable, starting and ending at $72.47 per barrel, after a peak of $89.19. This stability starkly contrasted with 2022's turbulent market, where prices soared to $114 from an opening of...

Obesity Pill Pushes Novo Nordisk to 12th Most Valuable Company

Obesity Pill Pushes Novo Nordisk to 12th Most Valuable Company

Stocks news
1 month ago

Novo Nordisk, the Danish pharmaceutical giant, surged to a new high in trading, marking an 8% increase in its shares. This ascent continues a trend seen over several months, driven by skyrocketing optimism surrounding weight-loss medications.Novo Nor...

Strikes Rock Germany, Lufthansa Feels the Heat

Strikes Rock Germany, Lufthansa Feels the Heat

Economy news
1 month ago

Germany's aviation giant Lufthansa faces turbulent times as ongoing strikes by its ground staff and airport workers threaten its earnings. The airline, encompassing Lufthansa, Austrian Airlines, and Eurowings, anticipates a substantial operating loss...

Bitcoin Surges to Record Highs Amid Market Optimism

Bitcoin Surges to Record Highs Amid Market Optimism

Bitcoin has returned to all-time highs not seen since November 2021. This week, the world’s biggest digital currency surpassed its lifetime peak of $69,000 before retreating to $63,000. This surge from $25,000 in the last six months reflects ent...

Do you need help or have a question?