Asian markets started Tuesday on a constructive note, as stocks in the region rebounded after reports that Iran may attend peace talks with the United States in Pakistan. The development eased some of the immediate geopolitical tension that had been weighing on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9%, South Korea’s… Continue reading Kospi hits record high as Asian markets surge on easing Iran tensions
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USD/ZAR forecast ahead of South Africa inflation report
The USD/ZAR exchange rate remained under pressure this week as traders waited for the upcoming South African inflation report, which will provide more information on what to expect from the country’s central bank. It was trading at 16.3600, much lower than the year-to-date high of 17.2350. South African rand steady ahead of inflation report The… Continue reading USD/ZAR forecast ahead of South Africa inflation report
Apple names John Ternus its next CEO: 3 things investors want from him
Apple Inc (NASDAQ: AAPL) is in the spotlight this morning after the iPhone maker named John Ternus its next chief executive, set to replace Tim Cook on Sept. 1. Ternus, a 25-year Apple veteran and current SVP of hardware engineering, is broadly regarded as the product guy who’s overseen the engineering of iPhone, iPad, and… Continue reading Apple names John Ternus its next CEO: 3 things investors want from him
BlackBerry stock rallies on Nvidia deal but key risks remain
Investors piled into BlackBerry (NYSE: BB) on Monday morning after the company announced a deepened integration with the artificial intelligence (AI) behemoth – Nvidia (NASDAQ: NVDA). At Hannover Messe, the Canadian firm said it has reached an agreement to integrate its QNX OS for Safety 8.0 into NVDA’s IGX Thor platform, pivoting from its automotive… Continue reading BlackBerry stock rallies on Nvidia deal but key risks remain
Evening digest: Trump Iran warning, oil jumps; Tesla slips
US President Donald Trump said he is unlikely to extend the Iran ceasefire, increasing pressure on negotiations to end the war. Meanwhile, Tesla shares fell ahead of earnings as investors weighed slowing EV demand and AI strategy updates. Oil prices surged amid renewed tensions in the Strait of Hormuz, while Bitcoin traded cautiously despite strong… Continue reading Evening digest: Trump Iran warning, oil jumps; Tesla slips
Fermi stock plunges as CEO exits, but analysts see upside ahead
Shares of Fermi tumbled sharply on Monday after the company announced the departure of Chief Executive Toby Neugebauer, triggering investor concerns about leadership stability at a critical stage of its expansion. The stock fell as much as 23% to around $5.03, extending its year-to-date decline to roughly 18% as of last week’s close. The leadership… Continue reading Fermi stock plunges as CEO exits, but analysts see upside ahead
Two AI giants that could rival Apple’s market cap by 2028
The hierarchy of the tech world is undergoing a seismic shift. For years, Apple Inc (NASDAQ: AAPL) has reigned supreme as the ultimate titan of the consumer era, currently sitting on a staggering market capitalization of about $4 trillion. However, as the global economy pivots from mobile-first to AI-first, the spotlight is moving from the… Continue reading Two AI giants that could rival Apple’s market cap by 2028
Why POET stock is soaring despite short-seller report?
POET Technologies (NASDAQ: POET) is ripping higher this morning after responding swiftly to a short-seller report that alleged it’s an “obvious stock promote” designed to enrich insiders while leaving retail investors with a “tax nightmare.” According to Wolfpack Research – the firm behind the hit piece – POET’s financial structure will trigger severe IRS penalties… Continue reading Why POET stock is soaring despite short-seller report?
Why Nvidia stock slipped below $200 on Monday
Nvidia shares pulled back below the $200 mark in early Monday trading, giving up recent gains as competitive pressures in the artificial intelligence chip sector showed no signs of easing. The stock fell 1.5% to $198.51, declining more steeply than major benchmarks. The S&P 500 was down 0.4%, the Nasdaq Composite shed 0.7%, and the… Continue reading Why Nvidia stock slipped below $200 on Monday