In a landmark moment for the markets, Nvidia briefly climbed to a $4 trillion market valuation on July 9, 2025, becoming the first-ever public company to achieve this feat . This milestone highlights Nvidia’s dominance in supplying the AI-powered chips fueling today’s most transformative technologies. 📈 Market reaction: Its stock jumped around 2.6–2.8%, reaching $164 intraday—surpassing…
Introduction:The U.S. dollar has recently approached a three-year low, declining by 0.6% against a basket of trade partner currencies. This downturn is attributed to disappointing manufacturing data and escalating concerns over the nation’s growing debt.Financial Times Key Points: Conclusion:The combination of weak manufacturing performance, escalating trade disputes, and mounting debt is exerting significant pressure on…
The Organisation for Economic Co-operation and Development (OECD) has issued a stark warning: the global economy is poised for its weakest growth since the COVID-19 pandemic. In its latest Economic Outlook, the OECD projects global GDP growth to slow to 2.9% in both 2025 and 2026, a significant downgrade from previous forecasts and below the…
Introduction In today’s premarket session, several stocks are experiencing notable movements due to recent policy announcements and market developments. President Trump’s decision to double tariffs on imported steel and aluminum has significantly impacted U.S. steel producers, while biotech and tech companies are responding to regulatory news and market conditions. Cleveland-Cliffs (NYSE: CLF) Cleveland-Cliffs’ stock surged…
U.S. President Donald Trump said Wednesday that its was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” and…
