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Egypt Targets 60% Renewable Electricity by 2040
Egypt has steadily been increasing its renewable energy capacity and has even bigger plans for the c...
2 Sneaky Ways Fed Chair Kevin Warsh and the FOMC Can Raise Interest Rates Without Adjusting the Federal Funds Rate
The new Fed chair's reforms can indirectly impact interest rates....
Forget the ‘Sell America’ trade: Why U.S. markets keep proving the naysayers wrong
Foreign investors are still pouring money into U.S. assets, and the dollar remains the undisputed gl...
Japanese Yen gains modestly against the US Dollar after US PCE data meets expectations
USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JP ...
Big Tech is all in on AI. Now all they need is customers.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Equities: Micron earnings lift Korean equities – MUFG
MUFG highlights that strong earnings guidance from Micron Technology, a key AI memory supplier, has boosted sentiment in AI and tech stocks.
Dow Soars Over 750 Points, Hits Record High As Investors Look Beyond Tech Stocks — PCE Inflation Comes In Hottest Since October 2023
The S&P 500 index was up about 0.3%, while the Nasdaq Composite fell 0.4%.
First-quarter GDP gets big boost, but it’s not really great news
The official scorecard of the U.S. economy was updated to show the economy grew at a 2.1% annual pace in the first three months of the year, faster than the previously reported 1.6%. Good news, right? ...
Cathie Wood buys $9.6 million of megacap tech stock
Cathie Wood, chief of Ark Investment Management, likes to double down on her favorite tech stocks, especially when the prices are falling. That’s what she just did, buying a megacap tech stock amid a ...
Canadian Dollar: BoC balances oil risks and weak growth – TD Securities
TD Securities strategists note the Bank of Canada’s (BoC) June Summary of Deliberations maintained its recent balancing act between higher Oil price spillover risks and domestic softness.
Q1 GDP Estimate Revised Higher
Q1 GDP Estimate Revised Higher.
United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June
United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June
AI Data Center Boom Could Drive Fuel Cell Market to $30 Billion by 2030
Data center developers are scrambling for reliable power, turning away from congested grids and toward on-site fuel cells. Rystad Energy research and analysis projects a tenfold increase in fuel cell ...
Main Street Research’s James Demmert Lays Out Path to 8,100 for S&P 500
Main Street Research’s James Demmert joins Ashley Mastronardi on NYSE Live to discuss the latest with the S&P 500
Australian Dollar holds steady as US PCE inflation reinforces Fed caution
The AUD/USD pair trades muted near the 0.6900 area on Thursday, with the Aussie struggling to gain amid a pullback in the US Dollar (USD) as investors digested the latest United States (US) inflation ...