Markets
Brussels Hosts EU-China Trade Talks Amid Import Concerns
EU Trade Commissioner Maros Sefcovic and his Chinese counterpart are meeting in Brussels as Europe prepares countermeasures against cheap imports. Global markets...
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Stocks
SpaceX IPO: Record $1.8 Trillion Valuation Meets Profitability Doubts
Elon Musk's SpaceX made a historic stock-market debut, raising $75 billion and achieving a $1.8 trillion valuation, yet faces significant financial risks...
Markets
Indonesia Quota Hike Rumors Drive Nickel Price Drop, Despite Denial
Benchmark nickel prices fell this week on rumors Indonesia plans to raise annual mining quotas to 360 million metric tons, despite an...
Stocks
Planet Labs Reports Record Revenue as Investors Eye Satellite Data Beyond Launch
Planet Labs PBC posted record quarterly revenue and a growing backlog, signaling investor interest in Earth-observation data companies after the SpaceX IPO.
Stocks
Volkswagen Reportedly Ends Bosch Self-Driving Partnership
Volkswagen (VWAGY) is reportedly ending its automated driving partnership with Bosch, a move cited by Germany's Bild newspaper to reduce costs and...
World Business
Tencent Tests TenPayGo App for China’s Rising Overseas Visitors
Tencent is reportedly testing TenPayGo, a new app designed as a one-stop digital services platform for overseas travelers to China, including mobile...
Economy
Gold Drops Near $4,000 Amid Renewed US-Iran Tensions, Inflation Concerns
Gold prices declined toward $4,000 an ounce following fresh US-Iran attacks in the Persian Gulf, reigniting inflation fears and impacting interest rate...
Stocks
AVAV Q4 Earnings: Revenue Up 103%, EPS Down 8.7%
AeroVironment (AVAV) is set to announce Q4 earnings on June 29th. Analysts project revenue of $559.09M (+103.3% Y/Y) but EPS of $1.47...
Markets
Nikkei Dips as Traders Brace for US Inflation Data
The Japanese stock market saw a notable decline on Wednesday, with the Nikkei 225 falling below 29,200, influenced by negative cues from...
Stocks
Corn Prices Slip Fractionally as July Options Expire
Corn prices saw fractional losses across most contracts Friday as July options expired. This occurred amidst a mixed weather outlook and strong...
Finance
BIS Flags AI Spending Risks, Citing Opaque Financing
The Bank for International Settlements warns current AI optimism and capital expenditure may be unsustainable, citing supply bottlenecks, over-investment, and opaque 'circular...
Finance
Wall Street Banks Abandon Euro Strength Bets Amid Diverging Rate Paths
Major Wall Street institutions are capitulating on bets for a stronger euro, forecasting a slide to $1.10 as the US is expected...