Global Trade
California Passes Landmark AI Safety Bill Amidst Industry Clash
Lawmakers Approve SB 1047 for High-Risk Technologies: Sacramento, CA – August 29, 2024 – California has made headlines by passing a groundbreaking AI safety bill....
Nvidia Stock Slips Despite Strong Earnings and Positive Forecast
Strong Earnings Report Nvidia Stock Slips Despite Strong Earnings – Nvidia (NVDA) reported its second-quarter earnings after the market closed on Wednesday. The results exceeded...
Tech Stocks Drag Market Lower Ahead of Nvidia Earnings
Nvidia Earnings in Focus – The stock market experienced a decline on Wednesday. This drop was led by a significant selloff in technology stocks. The...
Oil Prices Slide as Libya Supply Disruptions Fail to Sustain Rally
Oil Prices Dip Amid Libya Supply and Market Uncertainty Oil prices slipped for a second consecutive day, extending a volatile run this month. The oil...
Gold Prices Hit Record Highs as Central Banks Lead the Charge
Gold Futures Surge to Record Highs Gold futures (GC=F) have been soaring to record highs, reaching $2,555.2 per ounce on Monday. This surge sent the...
Super Micro Computer Stock Plummets After Hindenburg Research Alleges ‘Accounting Manipulation’
Short Seller Claims Accounting Red Flags Super Micro Computer Stock Plummets – Super Micro Computer (SMCI) stock fell over 2% on Tuesday. This drop followed...
US Stocks End Choppy Session Mixed, Awaiting Nvidia Earnings and PCE Data
Dow Logs Another Record Close as Investors Tread Carefully US stocks faced a bumpy ride on Tuesday, showing mixed signals throughout the trading session. The...
Nasdaq Plans to Offer Bitcoin Options
Introduction to Bitcoin Options Nasdaq Plans to Offer Bitcoin Options – The world of cryptocurrency continues to evolve rapidly. Recently, Nasdaq announced its plans to...
US Consumer Confidence Rises Slightly in August
Overall Confidence Ticked Up, But Consumers Showed More Concern About the Labor Market US Consumer Confidence Rises Slightly in August – The Conference Board reported...
Wall Street Turns Bearish on Crude Outlook, Forecasting Sub-$80 Brent in 2025
Impact of OPEC+ Supply, Chinese Demand, and US Shale Producers Wall Street Turns Bearish on Crude Oil – Wall Street investment banks are lowering their...
