Gold, Silver Technical Analysis Gold surges to new all-time high on rate cut hopes, geopolitical uncertaintySilver maintains bullish advance to break above key trendlineThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free Gold Forecast Gold Surges to New...

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 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...

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...

01:11 PM EDT, 05/30/2025 (MT Newswires) -- Tech stocks were in the red Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 1.2% and the SPDR S&P Semiconductor ETF (XSD) slumping 4%. The Philadelphia Semiconductor index shed 3.1%. In corporate news, Dell Technologies ( DELL ) late Thursday reported stronger-than-expected fiscal Q1 revenue, while the computer maker's earnings...

01:19 PM EDT, 05/30/2025 (MT Newswires) -- Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index down 1% and the Energy Select Sector SPDR Fund (XLE) falling 1.3%. The Philadelphia Oil Service Sector index slumped 2.2%, while the Dow Jones US Utilities index rose 0.3%. Front-month West Texas Intermediate crude oil declined 0.8% to $60.43 a barrel,...

01:08 PM EDT, 05/30/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV dropped. Actively traded Invesco QQQ Trust (QQQ) was down 1.4%. US equity indexes fell after President Donald Trump accused China of breaching a preliminary trade agreement, with his tirade coming a day after a federal appeals court agreed to stay a ruling that blocked...

12:48 PM EDT, 05/30/2025 (MT Newswires) -- US equity indexes fell after President Donald Trump accused China of breaching a preliminary trade agreement, with his tirade coming a day after a federal appeals court agreed to stay a ruling that blocked the bulk of import tariffs. The Nasdaq Composite declined 1.6% to 18,870.8, the S&P 500 retreated 1% to 5,851.1,...

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

In a letter to the Indian government TikTok Chief Executive Kevin Mayer said the Chinese government has never requested user data, nor would the company turn it over if asked.

The Indian government last month banned 59 Chinese apps including WeChat and TikTok. According to reports, the Ministry of Home Affairs has now drawn up a list of another 275 Chinese apps which may be banned on grounds of national security violations. As India considers this move, China has delivered a strongly worded message.

New Delhi-based BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters, according to three former employees, outside researchers, and a trail of online evidence.

'I think you are going to see that Chinese companies like Alibaba, Tencent are going to think twice, three, four, five times before they keep investing into Indian markets,' said Shaun Rein, managing director of China Market Research Group.

Crompton Greaves Consumer Electricals, one of the leading manufacturers of consumer products, said that the company will pass on the Goods and Services Tax (GST) benefits to the consumers as and when it comes.

In a bid to boost manufacturing and shore-up job creation, the government announced the expansion of the production linked incentive (PLI) scheme to the textile sector. Amit Agarwal, Group CFO of Raymond said that the scheme will bring importance to the sector.

 Airtel said this is the first-ever dual-tranche US dollar bond issued by the company spread across senior and perpetual issuance. ”This is the largest issuance by any Indian Investment Grade issuer since January 2019,” Airtel said in a statement.

Coal India plans to invest Rs 1.43 lakh crore in 26 projects in new business areas.

Its meme coin season, alright! There are no two ways around it: meme coins are undoubtedly the main narrative on Solana, and it seems its just a matter of time before another celebrity jumps on board. After Iggy Azalea, its now Andrew Tate who has put the Solana community on its toes. Tate-inspired meme coins are now the top trending...

California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024, Semler holds a total of 828 bitcoins, which were acquired for an aggregate of $57 million, inclusive of fees and expenses. Preps $150M Bitcoin Warchest In a new filing, the...

GameStop and its stock price have been the talking point of many crypto-centric and traditional finance communities throughout the past few days not without reason. GMEs price went on a massive rollercoaster this week, soaring by 130% and plummeting by 55% shortly after. Many financial experts have chipped in with opinions, one of whom is the prominent BTC permabull Anthony...

The cryptocurrency market has taken a u-turn in the past hour, with the majority of coins dropping considerably. Bitcoins price now trades below $70K, while the market sees close to $200 million worth of liquidated positions. BTC took a sudden hit as its price plummeted below $70K following what many considered a renewal of the bull run. Source: Binance via...