India faces oil supply challenges as US sanctions on Russia continue. Reliance Industries halts Russian oil purchases, affecting energy security and global prices.
BlackRock restructures its equities team with key leadership departures, enhancing focus on AI and technology to boost returns amid a $185 billion stock strategy shift.
U.S. stocks rise on anticipation of Nvidia's earnings, while emerging markets and Bitcoin face declines, reflecting global economic uncertainty and AI sector influence.
Nvidia's upcoming earnings report crucially impacts investor confidence, amid skepticism over AI spending. A key tech barometer, Nvidia's performance may influence broader market trends.
AI stock highs face potential corrections as Algebris' Davide Serra warns of a bubble, with credit markets showing vulnerabilities amid unsustainable valuations in the tech sector.
Nvidia's strong earnings forecast boosts U.S. and European markets, easing AI bubble fears and signaling potential growth with substantial tech investments, despite some caution from investors.
Porsche launches its electric Cayenne, facing market challenges amid weak EV demand. Meanwhile, Hyundai targets high-performance EVs with its Genesis brand for greater profitability.
Xiaomi aims for 400,000 EV deliveries by 2025, achieving rapid profitability surpassing Tesla. The company faces challenges from chip shortages and tax changes in China.
Denmark faces significant economic uncertainty as Novo Nordisk's layoffs trigger the largest job cuts since the pandemic, impacting industries and consumer sentiment across the country.
Trump's proposal to send $2,000 checks using tariff revenue faces GOP skepticism, highlighting internal rifts amid economic concerns and upcoming midterms.
TJX Companies reports strong earnings, emphasizing a trend towards frugal shopping as consumers opt for discount retailers amid economic uncertainties, contrasting with challenges faced by competitors like Target.
Rising political tensions between China and Japan are straining economic ties, threatening global market stability, with potential impacts on trade, tourism, and rare-earth supplies.