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Why gold above $3,000 is the new normal
Economy

Why gold above $3,000 is the new normal

Despite gold prices consolidating above $3,300, new bullish momentum is proving elusive as investors adjust to these elevated levels.  Nevertheless, one fund manager asserts that the current valuation is entirely warranted. Gold is holding steady, with no significant weakness expected, as US debt continues to spiral, according to Robert Minter, Director of ETF Strategy at […]

  • July 02, 2025 10:28 PM PDT
  • Invezz
Tesla China EV sales rise 3.7% in June amid surge in local competition
Market Updates

Tesla China EV sales rise 3.7% in June amid surge in local competition

Investing.com-- Tesla’s (NASDAQ:TSLA) electric vehicle sales in China rose 3.7% year‑on‑year in June, though the figure marked a 59% jump compared to May. The company sold 61,000 units in June, Tesla...

  • July 02, 2025 09:56 PM PDT
  • EODHD
Big Banks Keep Winning—and So Do Their Stocks
Market Updates

Big Banks Keep Winning—and So Do Their Stocks

Laxer regulations and a likely drop in interest rates is spurring investor interest in the big banks. Continue Reading View Comments

  • July 02, 2025 09:30 PM PDT
  • EODHD
UAE non-oil sector grows steadily, regional tensions weigh on demand -PMI
Market Updates

UAE non-oil sector grows steadily, regional tensions weigh on demand -PMI

ABU DHABI (Reuters) -The UAE’s non-oil private sector grew steadily in June even as regional tensions weighed on demand, and firms ramped up output to tackle backlogs, a survey showed on Thursday. The...

  • July 02, 2025 09:25 PM PDT
  • EODHD
USD/ZAR: 5 reasons why the South African rand is surging
Forex

USD/ZAR: 5 reasons why the South African rand is surging

The USD/ZAR exchange rate has crashed in the past few months, moving from a high of 19.93 in April to the current 17.60. It has plunged to the lowest level since November last year. Here are the top reasons why the South African rand has surged recently. US dollar crash The USD/ZAR exchange rate has […]

  • July 02, 2025 09:02 PM PDT
  • Invezz
AP Top Financial News at 1:16 a.m. EDT
Market Updates

AP Top Financial News at 1:16 a.m. EDT

Asian shares mostly higher after US stocks hit another record as Tesla and Nike rally View Comments

  • July 02, 2025 09:00 PM PDT
  • EODHD
Tesla's China EV sales rise 3.7% y/y to 61,000 vehicles in June
Market Updates

Tesla's China EV sales rise 3.7% y/y to 61,000 vehicles in June

BEIJING (Reuters) -Tesla's electric vehicle sales in June rose 3.7% from a year earlier, according to Tesla China on Thursday. The U.S. automaker's EV sales rose 59% from May to 61,000 vehicles in Chi...

  • July 02, 2025 08:00 PM PDT
  • EODHD
Synopsys Receives Clearance On China Export Controls
Market Updates

Synopsys Receives Clearance On China Export Controls

(RTTNews) - Synopsys Inc. (SNPS) said that it has received notice from the U.S. Department of Commerce's Bureau of Industry and Security that export restrictions related to China, outlined in a prior...

  • July 02, 2025 07:37 PM PDT
  • EODHD
Stem Inc. Names Brian Musfeldt CFO
Market Updates

Stem Inc. Names Brian Musfeldt CFO

(RTTNews) - Stem Inc. (STEM) announced that it appointed Brian Musfeldt as Chief Financial Officer, effective July 17, 2025. Musfeldt succeeds Doran Hole, who is stepping down as Chief Financial Offic...

  • July 02, 2025 07:17 PM PDT
  • EODHD
Cadence says restoring software access in China after US lifts export curbs
Market Updates

Cadence says restoring software access in China after US lifts export curbs

(Reuters) -Cadence Design Systems said on Thursday the U.S. had lifted export restrictions on chip design software for China and that it was in the process of restoring access to software and technolo...

  • July 02, 2025 07:15 PM PDT
  • EODHD
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