Global market

Samsung Shocker! Q2 Profit Plunges 56% Amid Chip Delays and Export Headwinds

Samsung Shocker! Q2 Profit Plunges 56% Amid Chip Delays and Export Headwinds

Inventory losses, delayed Nvidia orders, and US tariffs drag earnings to lowest Q2 profit in two years, but recovery expected…

5 months ago

Foxconn Posts Record Q2 Revenue on AI Surge, Warns of These Risk Factors

Fueled by booming AI demand, Foxconn reports T$1.79 trillion in Q2 revenue — a 15.82% YoY jump — but flags…

5 months ago

US Debt Hits $37 Trillion — 10 Times India’s GDP! Is the World’s Largest Economy on the Brink?

Trump’s $3 Trillion Budget Bill reignites global concerns over America's borrowing addiction as economists warn of long-term risks to the…

5 months ago

Nvidia Becomes the Most Valuable Company in History—Now Worth More Than All UK-Listed Firms

Fueled by AI boom, Nvidia’s market cap hits $3.92 trillion, eclipsing Apple and Microsoft and outpacing entire stock markets of…

5 months ago

Dow Rallies 350 Points, S&P 500 Hits Record After Strong U.S. Jobs Report

Better-than-expected June payroll data lifts market sentiment as Fed rate cut hopes fade and Trump’s megabill nears House vote. New…

5 months ago

FTSE 100 Rebounds as Reeves Crisis Eases, US-Vietnam Trade Deal Boosts Market Sentiment

UK stocks rally after political reassurance from PM Starmer and optimism from a new US-Vietnam trade agreement; housebuilders, banks, and…

5 months ago

Tesla Reports Record 13.5% Sales Plunge Amid Musk Controversy, Rising EV Competition

Tesla’s Q2 sales mark the steepest year-over-year decline in company history, as political backlash and Chinese competition take a toll…

5 months ago

US Stock Market: Dow Slips, Robinhood Surges After Trump Announces Vietnam Trade Deal: Nike, Coffee Futures Trade Higher

Wall Street slows ahead of crucial jobs data; Robinhood hits $100, Trump’s Vietnam deal jolts footwear stocks, and Microsoft layoffs,…

5 months ago

Goldman Sachs Elevates Raghav Maliah to Global Chairman of Investment Banking

Veteran dealmaker Raghav Maliah will retain his Asia-Pacific leadership roles while taking on the global chairmanship as part of Goldman…

5 months ago

Jeff Bezos Sells $737 Million in Amazon Stock Amid Market Rally and Wedding Festivities

The Amazon founder’s first stock sale of 2025 coincides with his Venice wedding and includes major donations to charities, bringing…

5 months ago