Key PointsAmazon.com remains a dominant leader in global e-commerce and high-margin cloud infrastructure through AWS.Alibaba Group maintains a massive footprint in the Chinese digi
Key PointsMicrosoft plans to make its Maia chips the main inference system for its own products.Nvidia's sales to its largest cloud customers more than doubled last quarter.Nvidia
TradingKey - Shares of Micron Technology (MU) fell 3.88% on Monday to close at $989.04, marking a third consecutive session of losses and falling below the $1,000 mark. Technological progress by Chine
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asians session on Tuesday, eroding a part of the previous day's strong gains to a fresh high since April 2025.
The EUR/USD pair gains ground to near 1.1165 during the early Asian trading hours on Tuesday. Nonetheless, the potential upside for the major pair might be limited amid growing fiscal and political instability in France. All eyes will be on the key US inflation reports later this week.
GBP/USD inches higher after posting modest losses in the previous day, trading around 1.3220 during Asian hours on Tuesday. The pair appreciated as the British Pound (GBP) gained ground following the release of British Retail Consortium (BRC) Like-For-Like Retail Sales data.
The USD/CAD pair edges lower during the Asian session on Tuesday, though it remains close to the highest level since April 2025, touched last week. Spot prices currently trade around the 1.4270 region as a bullish US Dollar (USD) helps limit the downside.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7298 compared to the previous day's fix of 6.7313 and 6.6981 Reuters estimate.
Key PointsC3.ai is transitioning its business model toward consumption-based pricing to expand its reach among mid-sized enterprise customers.UiPath achieved positive net income in
Tracking the Market TrendTradingKey - On October 12, Eastern Time, as tensions in the Middle East escalated, the three major U.S. stock indices posted mixed results, with memory stocks falling after C
TradingKey - On October 13, Japanese and South Korean stock markets weakened in early trading, with South Korean stocks extending losses further. The Korea Composite Stock Price Index (KOSPI) opened d
Reserve Bank of Australia (RBA) published the Minutes of its September monetary policy meeting on Tuesday, with the key takeaways noted below.
Key PointsAlphabet maintains a massive digital ecosystem supported by its dominant search engine and a rapidly expanding cloud segment.Meta Platforms demonstrates high user engagem
Key PointsThe executive purchased 55,850 shares at $17.98 per share, representing a total transaction value of ~$1.0 million.The purchase was equivalent to 52% of the executive's p
Key PointsMicron has been limited in its ability to buy back stock over the last two years.Beginning Dec. 9, Micron is expected to start deploying excess cash toward additional buy
Key PointsThis didn't make it more optimistic about its future, though, as the neutral recommendation was left intact.While Shopify has notable growth potential, its AI costs might
XRP (XRPUSD) is down 2.03% at Oct 13 20:15(ET), now at $1.3393, with a 7-day down of 10.83%.What is driving XRP (XRPUSD)’s stock price down today?XRP experienced downside pressure as a classic sell-th
BNB (BNBUSD) is down 2.46% at Oct 13 20:10(ET), now at $726.8, with a 7-day down of 6.54%.What is driving BNB (BNBUSD)’s stock price down today?The recent downward price action in BNB reflects a broad
Solana (SOLUSD) is down 2.64% at Oct 13 20:05(ET), now at $104.63, with a 7-day down of 12.81%.What is driving Solana (SOLUSD)’s stock price down today?The pullback in Solana reflects a confluence of
Ethereum (ETHUSD) is down 2.87% at Oct 13 20:00(ET), now at $2444.63, with a 7-day down of 9.32%.What is driving Ethereum (ETHUSD)’s stock price down today?Ethereum experienced downside pressure as ma
Key PointsAbbVie continues to diversify its portfolio through the successful expansion of newer therapies like Skyrizi and Rinvoq.Eli Lilly and has seen explosive growth driven by
Key PointsAnduril Industries is a privately owned defense contractor best known for building AI-powered aerial drones.Anduril recently won a $2.9 billion contract to build componen
The Australian Dollar ended Monday’s session with losses of close to 0.40% amid thin liquidity due to the Columbus Day holiday, with most US cash markets closed, as market participants were guided by the latest geopolitical developments. The AUD/USD trades near 0.6950 after peaking below 0.7000.
US special envoy Jared Kushner said that a deal to allow Russian diesel exports is part of a bid to draw Russia back to negotiations after the failure of previous efforts to launch sustained talks to end the war, Reuters reported on Monday.
Saudi Arabia said that it faces more drones and missile strikes, while several countries issued travel warnings against visiting the kingdom following deadly strikes on Riyadh’s airport by Iran-backed Houthi militants, CNBC reported on Monday.