Key PointsWestern Digital spun Sandisk off in February 2025.Sandisk is a leader in NAND flash storage solutions for hyperscale data centers.Its revenue and profitability are accele
Key PointsThe AI business, backed by Amazon's name, cash, and client list, is growing rapidly.It's planning to have same-day delivery available in 4,500 U.S. cities by the end of t
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/JPY has edged higher to around 162.35, with intraday bias tilted modestly to the upside but capped between 162.10 and 162.65.
The USD/CAD pair trades marginally lower at around 1.4033 during the European trading session on Friday. The Loonie pair edges down as the Canadian Dollar (CAD) outperforms its major currency peers amid fears that oil prices could accelerate further.
The US Dollar (USD) has turned lower against the Swiss Franc (CHF) on Friday’s European trading session, after failing to find acceptance above the 0.8100 level, which keeps the immediate bearish structure in place. The Dollar remains weighed by the soft US inflation figures released earlier this w
Wells Fargo Economics, led by Tom Porcelli and colleagues, expects the Federal Reserve to keep the fed funds rate at 3.50%-3.75% through year-end 2027, with 10-year Treasury yields near 4.35% in 2026 and 4.30% in 2027.
Key PointsA new era has arrived for Wall Street, with Kevin Warsh attempting to reform one of the central bank's fundamental mandates: price stability. The new Fed chair is leaning
Key PointsAs AI cloud demand grows, Microsoft's recent dip provides investors a timely entry point.Advanced Micro Devices saw its CPU market share gains accelerate in the first qua
Dallas Federal Reserve President Lorie Logan has issued a new warning to investors that the battle against inflation might not be over yet. On Thursday, she pointed out that the Federal Reserve (Fed) may have to be stricter with its monetary policy if inflation does not bring down its numbers. According to her, “modestly higher”...
Key PointsAlphabet’s revenue has soared, thanks to its strengths in the internet search market and its cloud business.The company is both a developer and user of AI. 10 stocks we l
Key PointsSpaceX has seen its stock fall back toward its IPO price of $135 per share.History favors big tech IPOs over the long run.But SpaceX is unlike any IPO in history.10 stock
TradingKey - The last-minute cancellation of the Starship V3 Flight 13 test flight dealt another blow to SpaceX's stock price, causing it to plunge again, and the stock price may continue to face down
Deutsche Bank’s Early Morning Reid notes Brent Oil trading around $85 per barrel, with prices slightly higher at $85.12/bbl and on course for a first close above $85 in over a month.
The GBP/JPY cross turns lower for the second straight day following an intraday uptick to the 219.00 neighborhood on Friday and retreats further from its highest level since January 2008, touched earlier this week.
Key PointsWarren Buffett has become an investing legend thanks to his track record at the helm of Berkshire Hathaway.The billionaire’s investing techniques have proven to be winnin
Pi Network (PI) shows a mild recovery on Friday, following three consecutive days of consolidation, as selling pressure eases after a steep decline earlier this month. Speculative demand for a potential rebound in PI is on the rise as its Open Interest remains elevated.
Commerzbank economists led by Dr. Marco Wagner and Dr. Jörg Krämer expect the European Central Bank (ECB) to leave rates unchanged in July but still deliver a further 25 bps hike in September.
The Euro (EUR) trades flat against the US Dollar (USD) at around 1.1445 during the European trading session on Friday. The EUR/USD pair is expected to trade with caution amid continued military aggression between the United States (US) and Iran.
Dow Jones futures fall by 0.65% to trade around 52,440 during European trading hours on Friday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.88% and 1.69%, trading near 7,510 and 28,730, respectively. Traders await the preliminary Michigan Consumer Sentiment Index for July.
Key PointsOver the course of history, spending binges on technology trends often ended with massive stock sell-offs.Nvidia's low valuation may have priced in such occurrences.10 st
The Euro (EUR) trades higher against the British Pound (GBP) on Friday, returning to levels near 0.8500 from 13-month lows of 0.8455 amid speculation that the European Central Bank (ECB) will hike rates in the coming months.
United Overseas Bank (UOB) strategists Quek Ser Leang and Christopher Wong report EUR/USD has eased after Wednesday’s surge, with current price action seen as consolidation between 1.1420 and 1.1465.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers following an uptick on Friday, stalling its recovery from a nearly one-month trough, around the 100.35 region touched earlier this week.
TradingKey - As the core product of Alphabet's ( GOOGL) ( GOOG) artificial intelligence strategy, Gemini 3.5 Pro was originally highly anticipated by the market. However, according to multiple people
Key PointsMany retirees are eagerly awaiting an official COLA announcement.That number should become available by October, along with other key updates.Retirees and workers alike s
Kalshi’s crypto event contracts saw the largest single day volume record this week on July 15. Data from Artemis shows that on Wednesday, the prediction market platform notched up $217.98 million within this category. Volume across the crypto contracts on the platform have been on a steady climb ever since May and if you go...