Posted inStocks
Micron, SanDisk recover after Samsung-led selloff; fresh catalysts add to sentiment
Memory chip and storage stocks staged a strong recovery on Thursday, with investors rushing back…
Posted inStocks
Meta stock rises as AI chip plans and Muse Spark 1.1 rollout take focus
Meta Platforms Inc. (META) shares traded higher on Thursday, reversing early losses as investors assessed…
Posted inForex
USD/ZAR forecast: falling wedge points to a South African rand pullback
The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil…
Posted inForex
US Dollar weakens despite escalating Middle East tensions as markets await US data
The US Dollar (USD) struggled to attract buyers early Thursday despite a fresh escalation in…
Posted inEconomy
Another low-cost airline files for Chapter 11 bankruptcy
With the U.S.-Israeli strike on Iran and subsequent closure of the Strait of Hormuz sending…
Posted inEconomy
Exxon Mobil signals massive profit spike but Wall Street is divided
I covered Chevron CEO Mike Wirth's stark warning about oil price pressure building through June…
Posted inEconomy
IKEA closing this type of store in the U.S.
After investing billions to expand its U.S. footprint, IKEA is now shutting down part of…
Posted inEconomy
Another 50-year-old amusement park to close forever after summer season
It has been a tough year for multiple smaller theme and amusement parks across the…
Posted inEconomy
Jeff Bezos doubles down on Blue Origin with $2B
Every billionaire obsession comes with a bill, and for a quarter century, one man has…
Posted inTrading
Bitcoin looks calm but a July 17 oil deadline looms as Iran shock sends crude up 5%
The US Treasury's Office of Foreign Assets Control revoked General License X on July 7,…