Stock Research

In a significant move that has caught the attention of investors, Goldman Sachs upgraded Spotify Technology SA (NYSE: SPOT) from “Neutral” to “Buy” and raised its price target from $320 to $425, representing a potential 26% upside from its current market price.  This endorsement follows Spotify’s robust Q2 performance, which showcased notable increases in premium… Continue reading Goldman Sachs elevates Spotify price target to $425 after strong Q2 earnings: Should you invest?

Last Friday, a software update from the U.S. cybersecurity firm CrowdStrike resulted in a global crash of millions of computers. The company confirmed that the issue was due to a bug in its quality control mechanism, affecting essential services in sectors like aviation, banking, and healthcare. Bug in Falcon Sensor caused widespread crashes CrowdStrike’s Falcon… Continue reading CrowdStrike says bug in software update behind global IT outage

Global markets faced turbulence on Wednesday, with Turkish assets experiencing significant declines amid a backdrop of international economic concerns.  The Turkish lira dropped to 32.82 against the US dollar, while the BIST 100 index, Turkey’s primary stock benchmark, fell by 0.74%.  These movements reflect growing instability in emerging markets, exacerbated by ongoing domestic political developments… Continue reading Turkish lira and stocks tumble amid global tech woes and political uncertainty

Despite substantial progress in reducing greenhouse gas emissions, the United States remains off track to meet its 2030 targets set under the Paris Agreement. The Biden administration’s extensive green subsidies and new climate regulations have significantly lowered emissions, yet they fall short of the ambitious goal to cut emissions by at least 50 percent from… Continue reading US emissions reductions off track for 2030 targets under Paris accord

A significant shift in the way UK consumers handle their financial transactions has been observed, as one in three Britons made contactless payments via phone each month last year. This change comes amid a continued decline in cash usage, signaling a transformation in consumer spending behaviour. Rise of digital wallets and decline of cash The… Continue reading One-third of UK adults now use mobile contactless payments

As Apple prepares to unveil the highly anticipated iPhone 16 this September, it faces a complex geopolitical landscape that could impact its business strategy.  With China remaining a critical player in the global supply chain and a major market for Apple, the company is maneuvering through a challenging environment marked by escalating US-China tensions and… Continue reading Apple COO engages with Chinese officials amid US-China tensions and geopolitical strains ahead of iPhone 16 launch

Gulf stock markets displayed a mixed yet optimistic picture on Tuesday, buoyed by solid corporate earnings and growing expectations of U.S. Federal Reserve rate cuts.  The complex market dynamics reflect a blend of local economic factors, global monetary policies, and geopolitical developments impacting the region. Dubai’s market shines with positive corporate earnings Dubai’s primary index… Continue reading Gulf stock markets surge: Dubai leads with earnings boost as Fed rate cut speculation mounts

With Donald Trump signaling a return to aggressive oil policies, investors are eyeing the best energy ETF to capitalize on potential gains.  Trump’s track record as a staunch supporter of the oil and gas sector is well-known, and his recent comments, including a vow to “Drill, Baby, Drill” if re-elected, have reaffirmed his commitment to… Continue reading Best energy ETF for a Trump presidency: Will XLE shine amidst pro-oil policies?

General Motors (GM) has announced a significant delay in its electric vehicle (EV) expansion plans, impacting the automaker’s ambitious production targets.  On Tuesday, GM revealed it would push back the opening of its second U.S. electric truck plant in Michigan by six months.  Originally set to begin operations in 2025, the plant will now be… Continue reading General Motors delays electric vehicle expansion amid strategic adjustments