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China’s heatwave fuels record power demand, strains grid
Economy

China’s heatwave fuels record power demand, strains grid

Much of China experienced extremely hot weather, causing a record-breaking surge in electricity use, exceeding 1.5 billion kilowatts, according to a Reuters report. Authorities face a significant challenge as an arc of sweltering heat, linked by meteorologists to climate change, stretches across densely populated southwestern cities like Chongqing and Chengdu to the southern megaport of […]

  • July 17, 2025 12:01 AM PDT
  • Invezz
Gold rally stalls: awaiting new catalyst amid geopolitical tensions
Commodities

Gold rally stalls: awaiting new catalyst amid geopolitical tensions

The gold rally, having reached a record high above $3,500 per ounce in April, has since stalled and requires a new catalyst to drive further gains. Despite recent sluggishness, the price of the precious metal has risen by approximately 28% this year. This rally is primarily attributed to the global trade war, geopolitical risks, and […]

  • July 16, 2025 11:19 PM PDT
  • Invezz
Publicis lifts outlook after strong Q2, CEO downplays Meta’s AI ad threat
Market Updates

Publicis lifts outlook after strong Q2, CEO downplays Meta’s AI ad threat

[Facade of the Publicis headquarters on avenue des Champs-Elysées in Paris, France] HJBC French advertising giant Publicis (OTCQX:PGPEF [https://seekingalpha.com/symbol/PGPEF]) (OTCQX:PUBGY [https://s...

  • July 16, 2025 11:08 PM PDT
  • EODHD
TSMC Q2 profit surges 60%, reaches historic high
Market Updates

TSMC Q2 profit surges 60%, reaches historic high

TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, posted a 60.7% jump in second-quarter net profit on Thursday, beating market forecasts and hitting a historic high as it benefited from...

  • July 16, 2025 10:40 PM PDT
  • EODHD
Publicis' CEO dismisses Meta threat, raises yearly growth guidance
Market Updates

Publicis' CEO dismisses Meta threat, raises yearly growth guidance

By Leo Marchandon and Noemie Naudin (Reuters) -French advertising firm Publicis on Thursday raised its full-year organic growth forecast following stronger-than-expected second-quarter results, as CEO...

  • July 16, 2025 10:35 PM PDT
  • EODHD
Novartis Lifts Profit Outlook After Growth in Sales, Earnings
Market Updates

Novartis Lifts Profit Outlook After Growth in Sales, Earnings

Sales climbed 11% at constant currency as the pharmaceutical company reported strong growth in sales of key drugs including Kisqali for breast cancer. Continue Reading View Comments

  • July 16, 2025 10:33 PM PDT
  • EODHD
Netflix Looks to Keep Up Its Hot Streak in the Second Quarter
Market Updates

Netflix Looks to Keep Up Its Hot Streak in the Second Quarter

Wall Street analysts are expecting earnings per share of $7.08, up from $4.88 last year, and revenue of $11.1 billion, up 16%. Continue Reading View Comments

  • July 16, 2025 10:15 PM PDT
  • EODHD
S&P 500 Index Holds Ground Amid Global Uncertainty
Stock Market

S&P 500 Index Holds Ground Amid Global Uncertainty

Highlights,Global markets remained largely composed despite renewed uncertainty regarding Federal Reserve Chair Jerome Powell’s position.,Key earnings reports from TSMC and Netflix drew focus amid geopolitical and monetary developments.,UK and Asia econom...

Privacy group files complaint against AliExpress, TikTok, WeChat
Market Updates

Privacy group files complaint against AliExpress, TikTok, WeChat

STOCKHOLM (Reuters) -Austrian advocacy group noyb on Thursday filed data privacy complaints against China's AliExpress, TikTok and WeChat, saying they failed to comply with European Union laws on prov...

  • July 16, 2025 10:05 PM PDT
  • EODHD
S&P Futures Dip as Markets Brace for Inflation Data and Earnings Updates
Stock Market

S&P Futures Dip as Markets Brace for Inflation Data and Earnings Updates

Highlights,Market attention turns to U.S. Producer Price Index data, Q2 earnings from major banks, and speeches from Federal Reserve officials.,Sectoral movements influenced by renewed tariff concerns on pharmaceuticals and semiconductors.,Corporate earni...

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