Economy

Economy
Economy

Can Nvidia regain its momentum in the second half of 2026?

Nvidia enters the second half of 2026 facing growing pressure to defend both its market leadership and investor confidence. While the company remains the world’s largest by market capitalisation, its stock has lagged several semiconductor peers this year as investors broaden their focus across the artificial intelligence (AI) supply chain. The company continues to benefit

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Economy

Is there an earnings bubble? AI boom fuels debate over US stock valuations

As US stocks continue to trade near record highs, investors are once again debating whether markets have entered bubble territory. Elevated valuations and persistent geopolitical tensions have fueled concerns that equities may have become disconnected from fundamentals. Increasingly, however, market strategists argue that the more important question is not whether there is a stock market

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Economy

Stoxx 600 hits record high: BofA raises year-end target to 630

Europe’s benchmark STOXX 600 index climbed to a record high of 653.19 on Friday before easing to trade around 652.66, putting it on track for its biggest weekly gain in more than a month. European equities are drawing a more constructive read from Wall Street, with several major brokerages revising their targets upward in recent

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Economy

Has US dollar’s winning trade just hit its biggest wall in months?

The dollar’s rally is running into resistance as traders scale back some of the more aggressive Federal Reserve rate-hike bets that had powered the greenback higher. A softer US labour-market signal helped trigger the shift, but the move is now broader than one data point. The euro and sterling are gaining ground, commodity-linked currencies are

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Economy

Oil prices edge higher as weak US jobs data weighs on dollar

Global oil prices traded cautiously higher on Friday, supported by a weaker US Dollar, even as easing geopolitical concerns in the Middle East continued to cap gains. Brent crude hovered around $72.10 per barrel, while West Texas Intermediate (WTI) traded near $68.83 per barrel, with crude prices recovering modestly after recent declines ahead of the

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Economy

Solana breaks above $80 as institutional push lights up SOL rally

Solana has climbed back above $80 for the first time since early June after a series of ecosystem-specific developments fueled fresh buying interest throughout the week. According to CoinGecko data, Solana (SOL) traded around $81.12 on July 3 after gaining more than 18% over the past seven days.  The rally pushed the token above the

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Economy

Trump bought Nvidia, Google among 327 stocks before tariff U-turn rally

US President Donald Trump’s investment accounts bought hundreds of stocks on April 8, 2025, one day before he paused part of his “Liberation Day” tariff plan and triggered one of Wall Street’s biggest rallies in years. The sequence, revealed in newly released financial disclosures analyzed by CNBC, has drawn fresh scrutiny because the trades came

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Economy

Nvidia offers AI startups GPU access for revenue share: here’s what it means

Chipmaker Nvidia has introduced a new revenue-sharing programme designed to support fast-growing artificial intelligence startups by providing access to computing power in exchange for a share of future revenue. The company announced that the initiative will offer token credits to AI startups to help power their development. Under the programme, cloud-based AI companies, model developers

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Economy

Why Cathie Wood is doubling down on this $18 stock

Cathie Wood’s ARK Innovation ETF has bought back into SoFi Technologies (NASDAQ: SOFI) just as the beaten-down fintech stock is trying to recover from a difficult first half of the year. ARKK bought 299,753 SoFi shares across June 29, June 30 and July 1, worth about $5.5 million based on SoFi’s July 1 close of $18.44,

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Economy

Eurozone manufacturing extends growth streak as services slowdown eases

The eurozone economy showed signs of stabilisation in June as manufacturing activity remained in expansion territory and the services sector contracted at a slower pace, according to the latest S&P Global Purchasing Managers’ Index (PMI) survey. The survey indicated that the services industry continued to shrink during the month, but the pace of contraction eased

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