US CPI Analysis US CPI prints mostly in line with estimates, yearly CPI better than expectedDisinflation advances slowly but shows little signs of upward pressureMarket pricing around future rate cuts eased slightly after the meeting Recommended by Richard Snow Get Your Free USD Forecast US CPI Prints Mostly in Line with Expectations, Yearly CPI Better than Anticipated US inflation remains...

Japanese Yen (USD/JPY) Analysis Japan’s July trade balance likely impacted by a significantly stronger yenEconomists and market participants expect another rate hike this yearUSD/JPY bearish continuation may receive a helping hand from the Fed Recommended by Richard Snow Get Your Free JPY Forecast Japan’s July Trade Balance Likely Impacted by a Significantly Stronger Yen Japan’s trade balance in July was...

UK GDP, GBP/USD Analysis UK GDP for Q2 expanded as expected but June reveals stagnant growthGrowth trends reveal optimism as the UK enters the rate cutting cycleSterling’s pullback reaches a point of reflection Recommended by Richard Snow Get Your Free GBP Forecast UK GDP for the Second Quarter as Expected – June Reveals Stagnant Growth The first look at economic...

US Dollar (DXY), USD/JPY, and Gold Latest US dollar weakens further ahead of key Fed chair speechUSD/JPY looks technically weakGold consolidating Friday’s record high.This year’s Jackson Hole Symposium – “Reassessing the Effectiveness and Transmission of Monetary Policy” – will be held on August 22-24 with Fed chair Jerome Powell’s keynote speech on Friday as the main attraction. Traders expect chair...

The latest analysis and commentary by stock market guru Ashwani Gujral of ashwanigujral.com on what is moving the markets today. Check out his top stock recommendations.

Astral Poly Technik has emerged as one of the major wealth-creating companies in the last 10 years. The stock, which traded around Rs 10 in July 2009, surged 12,900 percent to around Rs 1,300 per share. An investment of Rs 1 lakh in the stock would have grown to Rs 1.3 crore as of today.

SpiceJet’s market share has improved 170 bps MoM to a 5-year high of 14.8 percent despite IndiGo being the market leader. IndiGo continues to aggressively add capacity, and has reported 26 percent YoY increase in ASK (Available seat per kilometer). While, SpiceJet, benefitting from induction of ex-Jet aircrafts, reported 32% YoY growth in ASK”, said Prabhudas Lilladher in its report.

Indian benchmark indices extended losses around noon on Wednesday as corporate earnings remained poor and broader Asian shares remained under...

Both Alibaba and traditional rival JD.com are coming off a disappointing Singles' Day campaign, with only single-digit percentage growth during their signature annual shopping festival.

Executives from Microsoft Corp., Citigroup Inc., Tesla Inc. and other large multinationals are meeting this week with Chinese President Xi Jinping and other Asian leaders, as well as US President Joe Biden.

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

06:43 AM EDT, 07/25/2024 (MT Newswires) -- ASE Technology Holding ( ASX ) reported Q2 earnings Thursday of 1.75 New Taiwan dollars per diluted share ($0.11), down from 1.76 New Taiwan dollars a year earlier. An analyst surveyed by Capital IQ expected 1.54 New Taiwan dollars. Net revenue for the quarter ended June 30 was 140.24 billion New Taiwan dollars...

06:40 AM EDT, 07/25/2024 (MT Newswires) -- TotalEnergies (TTE) reported Q2 adjusted earnings Thursday of $1.98 per diluted share, down from $1.99 a year earlier. Four analysts polled by Capital IQ expected $2.08. Revenue for the quarter ended June 30 was $49.18 billion, down from $51.46 billion a year earlier. One analyst surveyed by Capital IQ expected $46.35 billion. The...

(Reuters) - Royal Caribbean Group raised its annual profit forecast on Thursday for the third time this year on the back of continued demand for cruise vacations and higher ticket pricing. The company, along with peers such as Norwegian Cruise Line and Carnival, has raised ticket prices, capitalizing on record demand. Cruise vacations have remained cheaper than land-based alternatives, making...

06:41 AM EDT, 07/25/2024 (MT Newswires) -- AstraZeneca ( AZN ) reported Q2 earnings Thursday of $1.24 per diluted share, up from $1.17 a year earlier. Three analysts surveyed by Capital IQ expected $1.36. Revenue for the quarter ended June was $12.94 billion, compared with $11.42 billion a year earlier. Analysts surveyed by Capital IQ expected $12.53 billion. The company...

Cryptocurrency investors have shown extreme levels of fear and uncertainty toward bitcoin (BTC) over the past month. According to on-chain data analysis firm Santiment, this extended period of negativity is unusual and could signal a potential buying opportunity for those who can endure the markets inherent volatility. Record FUD Levels and Whale Accumulation Many investors are anticipating a rebound in...

The market may have lacked luster, but investors are comfortably sitting on substantial piles of profit. Data suggest that profits are heavily focused on large-cap tokens and meme coins, while altcoins have taken a backseat. The latest findings by IntoTheBlock revealed that Bitcoin (BTC) leads the pack with 89.11% of its holders currently sitting in profit, thereby demonstrating its continued...

TL;DR Polkadot became the Title sponsor of Coinfest Asia 2024, while one of its parachains enabled Asynchronous Backing. Despite the developments, DOT’s price has fallen below $6, though some analysts predict a potential recovery in the following months. The Major Developments Polkadot announced numerous initiatives in the past several days, continuing to make waves in the crypto space. Less than...

Crypto exchange Kraken says it got its money back from the “security researchers” that took $3 million from the platform this year. “Update: We can now confirm the funds have been returned (minus a small amount lost to fees),” tweeted Nick Percoco, Chief Security Officer for Kraken, on Thursday. Kraken Gets Its Money Back Though Kraken first refused to identify...