The South African rand is staging a comeback this week, paring back some of the recent losses that started in February. The USD/ZAR exchange rate dropped to 16.62, down modestly from this month’s high of 16.96. So, will the pair continue falling or rebound ahead of the South African Reserve Bank (SARB) and Federal Reserve… Continue reading USD/ZAR forecast as South Africa rebounds ahead of Fed, SARB decisions
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Meta’s Manus drops desktop AI: is this the end of cloud-only agents?
Meta-owned artificial intelligence start-up Manus has introduced a desktop application that moves its AI agent beyond the cloud and directly onto personal computers. The launch shifts how autonomous agents operate, allowing them to interact with files, apps, and workflows stored locally on user devices. Until now, Manus’ general-purpose agent functioned through a web interface, executing… Continue reading Meta’s Manus drops desktop AI: is this the end of cloud-only agents?
Why Chinese stocks are surging over Nvidia CEO’s OpenClaw endorsement
Chinese AI stocks are surging on Wednesday after Nvidia CEO Jensen Huang gave investors exactly the kind of signal they were waiting for. Huang publicly endorsed OpenClaw at Nvidia’s flagship event, marking a big signal from one of AI’s most influential chip leaders. Stocks like MiniMax and Zhipu surged more than 20% on Wednesday as… Continue reading Why Chinese stocks are surging over Nvidia CEO’s OpenClaw endorsement
Microsoft vs Amazon on OpenAI deal: what’s really at stake here?
Microsoft is considering legal action against Amazon and OpenAI over a multibillion-dollar agreement that could reshape how advanced artificial intelligence is delivered to businesses. At the centre of the dispute is a reported $50 billion deal tied to OpenAI’s new commercial product, Frontier. The issue raises questions about whether Amazon Web Services can distribute OpenAI’s… Continue reading Microsoft vs Amazon on OpenAI deal: what’s really at stake here?
EUR/CHF and USD/CHF forecasts ahead of the SNB, FOMC decisions
The Swiss franc will be in the spotlight this week, as investors focus on the upcoming Federal Reserve and Swiss National Bank (SNB) interest rate decisions. The USD/CHF exchange rate was trading at 0.7850, down by 15% from its highest point in 2025. Similarly, the EUR/CHF pair was at 0.9065, down 6.17% below its last… Continue reading EUR/CHF and USD/CHF forecasts ahead of the SNB, FOMC decisions
Asian markets climb as oil dips, Fed decision keeps traders cautious
Asian markets opened broadly higher on Wednesday, extending the rebound from the brutal previous week as investors took their cue from another positive session on Wall Street. The MSCI Asia-Pacific ex-Japan index rose about 0.8% at the open and is trading 1.7% up at press time, marking its third straight day of gains. Oil prices dipped… Continue reading Asian markets climb as oil dips, Fed decision keeps traders cautious
Dow Jones rises as oil above $103, Fed meeting in focus
US stocks ended higher on Tuesday, extending gains from the previous session as investors weighed rising oil prices, geopolitical tensions in the Middle East, and the start of the Federal Reserve’s two-day policy meeting. The S&P 500 rose 0.25% to close at 6,716.09, while the Nasdaq Composite gained 0.47% to 22,479.53. The Dow Jones Industrial… Continue reading Dow Jones rises as oil above $103, Fed meeting in focus
Swarmer stock soars 700% in blockbuster AI drone IPO debut
Shares of Swarmer Inc. surged sharply on Tuesday in one of the most explosive US stock market debuts in recent years, as strong investor appetite for artificial intelligence and defense-related technologies drove the stock significantly above its initial public offering price. The Austin, Texas-based drone software company saw its shares open at $12.50, representing a… Continue reading Swarmer stock soars 700% in blockbuster AI drone IPO debut
Europe bulletin: stocks rise, Bentley cuts jobs, Audi sees rebound
European equities edged higher amid easing volatility while companies across sectors navigated geopolitical risks, trade pressures, and structural shifts. From rising energy stocks to job cuts in the auto sector and a trading disruption at a major bank, investors continued to assess both macroeconomic signals and company-specific developments. European stocks rise as oil holds above… Continue reading Europe bulletin: stocks rise, Bentley cuts jobs, Audi sees rebound
