Global Trade
Webuy Global Ltd Prices IPO, Shares Decline
Webuy Global, a prominent Southeast Asian community e-commerce retailer trading on the Nasdaq exchange under the ticker symbol WBUY, has disclosed the pricing details of...
Wall Street’s Top Research Calls: What Investors Need to Know Today
Most impactful research calls from Wall Street, all conveniently compiled in one place. Today’s essential insights for investors are right here, courtesy of The Fly...
Treasury Yields Surge, Hitting 4.9% – a Level Last Seen in 2007, Prompting Stock Decline
In a notable financial development, Treasury yields experienced a significant surge on Wednesday, with the 10-year Treasury reaching 4.9%, a level not witnessed since 2007....
Tesla, GM, and Ford Express Concerns Over EV Production Amid Economic Uncertainties
Tesla CEO Elon Musk, in line with automotive giants General Motors (GM) and Ford, has urged caution regarding the escalation of electric vehicle (EV) production...
Balancing Act: How US Rules Chart a Course for Semiconductor Industry
In a significant move, the Biden administration has imposed sweeping regulations, strategically aimed at severing China’s access to critical US artificial intelligence (AI) chips. Concurrently,...
Nvidia: 52-Week High Takes a Hit, Stock Value Dips 5%
The Biden administration announced on Tuesday its intention to halt shipments of select artificial intelligence (AI) chips from prominent American companies, including Nvidia (NVDA), to...
Oil Prices Surge as Iran Calls for Embargo on Israel Following Gaza Hospital Explosion
On Wednesday, oil prices saw a sharp spike following a call for an embargo on Israel by Iran in response to a deadly explosion at...
Stocks Dip Amid Middle East Tensions and Lackluster Earnings
Stocks opened Wednesday on a somber note, as escalating tensions in the Middle East triggered a surge in oil prices. Investors grappled with uninspiring earnings...
Consumers Dodge Higher Costs as Gasoline Prices Remain Resilient Amid Crude Surge
In the midst of an ongoing conflict between Hamas and Israel and a 5% surge in US crude oil futures, the American public has witnessed...
Competitive Edge: Stellantis Embraces Low-Cost Platform for Electric Future
In a strategic move to tap into the burgeoning market of affordable Chinese electric vehicles (EVs) flooding Europe, Stellantis, the automotive giant born from the...