Global Trade
Gap Reports Strong Q2 Earnings, Signaling a Comeback
Gap Revenue and Margin Improvement – The company’s total revenue for the quarter climbed by 5% to reach $3.72 billion, surpassing analysts’ estimates. This growth...
Fitch Affirms US Credit Rating at “AA+”, Despite Rising Debt Concerns
Agency Maintains Stable Outlook Fitch Affirms US Credit Rating – Ratings agency Fitch has affirmed the United States’ credit rating at “AA+”. This decision highlights...
U.S. Economy Grows at a Healthy 3% Pace in Second Quarter
Strong Consumer Spending and Business Investment Fuel Growth U.S. economy grew at a strong annual pace of 3% from April to June. This growth was...
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...
