U.S. equities rose Wednesday as the escalation of U.S. President Donald Trump’s chaotic, multifront trade war held gains in check, and cooler-than-expected inflation data helped halt a steep purchase. The S&P 500 and the Nasdaq ended the day higher, benefiting from a strong surge in tech and tech-related momentum companies. The blue-chip Dow closed the…
According to a Reuters survey released on Thursday, most analysts believe the Bank of Japan will raise interest rates just once this year, most likely to 0.75% in the third quarter. Additionally, according to the study, analysts’ consensus forecast for this year’s rate of wage growth is 5%, which is around the 33-year high from…
On Thursday, prosecutors from Singapore informed a court that $390 million in transactions are involved in a case where Singapore-based companies are alleged to have deceitfully supplied Malaysia with U.S. servers. Three persons are accused of deceiving Dell and Super Micro by stating incorrectly where the servers will be used. Singaporean media have connected the…
Following Wall Street’s gains after weak inflation data eased fears about the US economy, tech stocks led Asian advances Thursday. The previous day, US Treasury rates continued to rise while further retreating from recent lows due to intensifying trade disputes between the US and its trading partners. Following President Donald Trump’s warning of a reaction…
The worldwide market will stay tight until the timing for US import taxes is clear, according to Citigroup Inc., which predicted that copper would reach $10,000 per ton in the next three months. Following President Donald Trump’s decision to investigate copper imports, which sparked a shipping rush to the US before any import taxes were…
The long-standing trade tensions between the United States and the European Union have escalated again, with both sides imposing new tariffs that could shake up industries and disrupt global markets. On March 12, 2025, the U.S. government officially imposed a 25% tariff on all imported steel and aluminum, a move President Donald Trump claims will…
Super Micro Computer Inc. (NASDAQ: SMCI), a rising force in high-performance computing and AI-driven server technology, is gaining major attention from Wall Street analysts. Recent reports indicate the stock could see gains of up to 57%, making it one of the most exciting opportunities in the tech sector. Analysts Are Bullish on Super Micro Several…
Palantir Technologies (NYSE: PLTR) continues to make waves in the artificial intelligence (AI) and data analytics space, securing major deals with corporate giants like Walgreens Boots Alliance and Heineken. These new partnerships highlight the company’s increasing presence in the commercial AI sector, a shift from its traditional focus on government contracts. Despite Palantir’s strong momentum,…
Intel’s stock saw a major boost after reports surfaced that Taiwan Semiconductor Manufacturing Company (TSMC) is in talks with Nvidia, AMD, and Qualcomm about a potential joint venture to take over Intel’s struggling foundry business. This deal could be a game-changer for Intel, which has faced increasing pressure to keep up with global semiconductor leaders….
Tesla’s stock is in freefall, shedding nearly half of its market value since December 2024. Once valued at $1.54 trillion, the company’s market cap has now dropped to $777 billion, sending shockwaves through Wall Street and leaving investors questioning what’s really behind the decline. While some point to CEO Elon Musk’s controversial political involvement, others…