We have seen a dramatic change in the worldwide commercial scene in recent years. Global markets have been rocked by the US trade tariffs, which have negatively affected the economies of China and North America. As remote sensing and agricultural technology specialists, we at Farmonaut have been careful about these advancements and their profound effects…
China retains its 5% economic growth objective while focusing on increasing domestic consumption and innovation. In the face of US tariffs and internal economic vulnerabilities, Beijing is planning fiscal stimulus measures such as special treasury bonds and subsidies to raise consumer demand and invest in high-tech businesses. China has kept its 2023 economic growth target…
Japan’s Nikkei dipped on Tuesday as markets worried about a trade war, new US tariffs were enforced, and a stronger yen exacerbated investors’ anxieties. U.S. President Donald Trump imposed fresh 25% tariffs on imports from Mexico and Canada and a doubling of penalties on Chinese goods to 20%, sparking new trade tensions with the country’s…
Following a strong start, the S&P 500 fought for direction on Monday, retreating as investors remained cautious ahead of a major deadline for former US President Donald Trump’s trade plans. Economic worries worsened, damaging any comeback from the February selloff. The benchmark indexes, S&P500 and Dow Jones Industrial Average were down 0.3 percent, while the…
What began as a bit of correction has escalated into considerable carnage as Indian markets have fallen steadily in recent months, causing investor jitters and prohibiting them from making new movements in the market. The once-high-flying equities, which were regularly achieving new heights and setting new milestones for most of 2024, capturing worldwide attention with…
Wall Street’s leading indices, the S&P 500 and Dow Jones Industrial Average, edged higher on Monday, kicking off March on a decent note, as investors balanced optimism in riskier assets against concerns over looming trade tariffs. The S&P 500 rose 0.4 percent, while the Dow Jones Industrial Average added 174 points, or 0.4 percent. The…
Intel Corporation (NASDAQ: INTC) has defied expectations, with its stock surging 28% in February despite the absence of a permanent CEO. The surprising rally comes amid a leadership transition following the retirement of CEO Pat Gelsinger in December. While the company is currently under the interim leadership of Executive Chair Omar Ishrak and co-CEOs Michelle…
Cognizant Technology Solutions has announced a delay in its annual salary hikes, pushing them to August 2025, marking the second consecutive year of postponements. While employees will have to wait longer for raises, the company has assured that bonuses will be paid on time in March. Salary Hikes Pushed to August Traditionally, Cognizant rolls out…
Shares of Nvidia, Super Micro Computer, and Dell Technologies took a steep dive after Singaporean authorities launched an investigation into alleged fraudulent shipments of AI servers containing advanced Nvidia chips. The probe has raised concerns over potential violations of U.S. export controls, particularly if the technology was diverted to restricted markets like China. Stock Market…
Despite strict U.S. export controls aimed at restricting China’s access to advanced artificial intelligence (AI) chips, a growing black market is allowing Chinese companies to sidestep these restrictions. This underground trade network, often referred to as the “shadow circuit,” is fueling China’s technological advancements and raising concerns about the effectiveness of American sanctions. How China…