Asian equity markets exhibited a mixed performance on Wednesday as investors continued to monitor President Donald Trump’s latest trade policies and assessed the implications of Federal Reserve Chair Jerome Powell’s recent remarks on interest rates. The prospect of escalating trade tensions, particularly Trump’s announcement of 25% tariffs on imported steel and aluminum, has created uncertainty […]
CMBC reports the UK’s Competition and Markets Authority (CMA) has appointed Doug Gurr, a former Amazon UK country manager, as its interim chair. The decision, made amid rising pressure from the government to align regulatory frameworks with economic growth goals, signals a significant shift in how regulators approach pro-business policies. Gurr replaces Marcus Bokkerink, who […]
As US President Donald Trump considers imposing a 25% tariff on imports from Canada and Mexico, policymakers, economists, and industry leaders are focusing on the sectors that would be most significantly impacted by such a decision. These prospective duties, set to be discussed on February 1, 2024, fall under the category of trade imbalances, which […]
United Airlines (NASDAQ: UAL) extended its remarkable rally on Wednesday, with shares climbing 4.8% in the early hours of trading before slipping into the red briefly and then recovering again. At 10:38 am, it was up by 1.67%. Over the past 12 months, United’s stock has surged an astounding 187%, ranking as the third-best performer […]
Ton Foundation, the organization overseeing development of the TON blockchain ecosystem, has shared two major announcements. The first concerns the reinforcement of its partnership with the Telegram messenger app, making TON the exclusive blockchain for all Telegram mini-apps. The second outlines TON Foundation’s vision for a passwordless future secured by expanding TON Connect, its web3 […]
In a dramatic shift from the Biden administration’s approach, President Donald Trump is signaling a new era of unbridled artificial intelligence development in the United States, discarding previous efforts to balance innovation with safety and transparency. Within his first 24 hours back in Washington, Trump rescinded Biden’s sweeping executive order on AI, immediately halting the […]
Retail CEOs are entering the second Trump administration with a more seasoned approach to potential tariffs, having spent the last few years diversifying their supply chains and refining strategies to mitigate rising costs. The first Trump administration provided a real-world test run for major retailers, who, now armed with valuable lessons and refined plans, believe […]
Bitwise Asset Management has reportedly filed for a Dogecoin (DOGE) exchange-traded fund (ETF). The company has registered “BITWISE DOGECOIN ETF” as a legal entity with Delaware’s Department of State’s Division of Corporations, possibly setting the stage for an official ETF filing with the SEC. In a statement shared with Invezz on email, the company confirmed […]
Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence. However, concerns over potential US tariff threats from President Donald Trump capped further gains. Nikkei rises ahead of […]
AppLovin stock price has boomed in the past few years, making it one of the best-performing companies in Wall Street. APP surged by over 3,500% from its lowest level in 2023, transforming it into a $121 billion behemoth. It was also among the top-performing S&P 500 index companies in 2024. So, will the APP stock […]