June 27, 2025
Nike tops Q4 sales, profit estimates
Nike reported a smaller-than-expected drop in fourth-quarter revenue and beat profit estimates, as CEO Elliott Hill’s strategy to focus product innovation and marketing around sports begins to pay off.
Read More
June 27, 2025
Market bets on a more dovish Fed
The gulf between where the Federal Reserve projects interest rates will be by the end of 2026 and the more aggressive cutting financial markets expect by then is partly due to the expectation that U.S. central bank chief Jerome Powell will be replaced by somebody more dovish next year, investors said. A battered dollar is […]
Read More
June 26, 2025
Nvidia hits record high, overtaking Microsoft
Nvidia’s stock hit a record high, and the chipmaker reclaimed the crown as the world’s most valuable company. The rise sent Nvidia’s stock market value to $3.76 trillion, overtaking Microsoft
Read More
June 26, 2025
Dollar lowest since 2021 against euro, gains on yen
The dollar fell to multi-year lows against the euro and sterling but gained on the Japanese yen as traders evaluated expectations for Federal Reserve interest rate cuts and turned attention back to U.S. fiscal policies.
Read More
June 26, 2025
Oil rebounds on signs of strong US demand
Oil prices rose, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed the stability of a ceasefire between Iran and Israel.
Read More
June 25, 2025
Coinbase – a Stock with both risks and potential
Coinbase (COIN), the largest U.S. crypto exchange, is gaining serious traction—not just from trading volume, but from a booming stablecoin business that Wall Street seems to be underpricing. Coinbase at a Glance Headquartered in New York, Coinbase operates a platform for crypto assets, serving both individual consumers and institutions across global markets. With a market […]
Read More
