Tag: Market

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Tech Fund Investors Shift Focus: Nvidia Gains 20% Weighting and Billions in Demand, Apple...

Tech investors are turning their attention to Nvidia, causing a major technology exchange-traded fund to shift billions of dollars into the chip giant's shares...
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Euro Stable as Market Anxiety Eases – Action Forex

The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
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Stock Market Update: Nasdaq Leads Gains in Latest Trading Session

The stock market in the US is seeing an overall increase today, with the NASDAQ index leading the way towards gains. If the NASDAQ...
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Berkshire Hathaway Reduces Stake in Chinese EV Maker BYD to 6.9%

Warren Buffett, speaking during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, has been making headlines for reducing the company's stake in Chinese...
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Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut

The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
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Australian Dollar weakens ahead of RBA decision

The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong...
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Gold price surges as US inflation falters against Fed’s hawkish stance

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...
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Maximizing Profits: Strategies for Tech Giants to Monetize Consumer-Focused AI

Apple made a big announcement about its artificial intelligence strategy recently, and investors are excited. The company's stock price has reached an all-time high,...
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Gold Price Drops Following Release of U.S. Producer Prices Data

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would...
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Sika Opens New Production Facility in Liaoning, China

Sika, a leading construction materials company, has recently inaugurated a new production facility in Liaoning, China. This new plant, located in the largest province...

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news-05072024-142021

French Elections Round Two, Powell Testimony, and US CPI Preview –...

Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...