Nomura now sees no Fed rate cuts in 2026 as inflation pressure builds
Nomura no longer expects the Federal Reserve to cut interest rates in 2026, marking a hawkish shift from its earlier view that the central bank would deliver two reductions later…
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UK retail sales fall 1.3% in April amid consumer uncertainty
British retail sales volumes fell by 1.3% in April every month, official data published on Friday showed, underscoring continued pressure on consumers amid geopolitical uncertainty and rising energy costs. Economists…
UK borrowing hits its highest level amid Iran war concerns
Britain’s public finances recorded their biggest April shortfall since the COVID-19 pandemic, highlighting mounting fiscal pressures facing finance minister Rachel Reeves amid the economic fallout from the Iran war. Official…
Lenovo Group stock soars after earnings as C&H points key target
Lenovo Group stock price went parabolic today, reaching its highest point on record as its artificial intelligence business fueled its growth momentum. It jumped to $15.72 in Hong Kong, up…
Workday stock surges after earnings; technicals point to a short-lived rally
Workday (NASDAQ: WDAY) stock price surged by over 10% in the pre-market session as investors bought the dip following its better-than-estimated results. It rose to $136, modestly higher than the…
Plug Power stock gets a Bloom Energy boost: here’s why it may double
Plug Power stock price jumped by over 14% on Thurday, paring back some of the losses made in the past two weeks. It jumped to $3.78, a few points below…
Nvidia stock continues to struggle after earnings, but analysts remain firmly bullish
Shares of Nvidia (NVDA) continued to drift lower Friday following the company’s blockbuster earnings report, but the muted reaction has also made the stock appear increasingly attractive to analysts. Nvidia…
Plug Power stock gets a Bloom Energy boost: here’s why it may double
Plug Power stock price jumped by over 14% on Thurday, paring back some of the losses made in the past two weeks. It jumped to $3.78, a few points below…
Qualcomm soars 12% as Stellantis deepens AI vehicle partnership
Shares of Qualcomm (QCOM) Incorporated surged 12% after Stellantis announced a major expansion of its multi-year technology partnership with the chipmaker. The move will enhance Qualcomm’s role in next-generation connected…