USD/ZAR forecast: South African rand surges as a carry trade emerges
The South African rand continued its strong momentum today, reaching its lowest level since April 22nd as a carry trade opportunity emerged. The
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Investing
Is it too late to invest in Hut 8 stock as it soars on AI data center lease deal?
Hut 8 (HUT) pushed meaningfully higher on Wednesday after announcing an artificial intelligence (AI) lease agreement for its Beacon Point campus in Texas.
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Pound rises as US-Iran deal hopes offset UK political concerns
The British pound strengthened against the dollar on Wednesday after investors reacted positively to reports suggesting the United States and Iran were moving
Investing
Dow jumps 600 points as US-Iran deal hopes, AI rally lift stocks
Wall Street rallied strongly on Wednesday, with the Dow Jones Industrial Average surging more than 600 points as optimism over a potential US-Iran
Economy
Lumentum falls 5% after results: are expectations outrunning growth?
Lumentum Holdings Inc (LITE) shares fell sharply on Wednesday after the company reported mixed fiscal third-quarter results, with strong growth failing to meet
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Arm Q1 earnings silence valuation concerns
Arm Holdings Inc (ARM) is pushing higher in extended hours after reporting a market-beating Q4 and offering upbeat guidance for its current financial
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Nikkei 225 crosses 62,000 as Asian markets rally on relief hopes
Asian markets opened Thursday with a powerful relief bid, as investors leaned into hopes that tensions in the Middle East may ease enough
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SoftBank stock skyrockets 16%: is its $64B OpenAI gamble paying off?
Japanese markets reopened after the Golden Week holidays to a powerful AI-driven rally on Thursday, with SoftBank stock soaring as investors rushed to
Economy
Tesla stock climbs 2%, why a recall isn’t worrying investors today
Tesla (TSLA) shares edged higher on Wednesday, even as the electric-vehicle maker announced a recall affecting more than 218,000 vehicles. The stock rose
Investing
Here’s why the Nikkei 225 Index is in a bull run and why it may hit ¥69k soon
Japanese stocks went parabolic on Thursday, helped by the soaring Softbank stock price and the rising possibility of a deal between the United