Business news

Oil prices dip amid Fed rate cut and US crude inventory report

Oil prices declined on Wednesday as the market awaited a Federal Reserve rate cut announcement, while investors processed a mixed report on US crude a...

Intuitive Machines stock soars 50% on $5 billion NASA deal: Is It to...

Intuitive Machines Inc (NASDAQ: LUNR) saw a dramatic 50% surge in its stock price today following the announcement of a groundbreaking $5 billion spac...

Bitcoin Dogs (0DOG) price forecast as BTC eyes $70K on Fed rate deci...

Bitcoin jumped nearly 4% in the past day to trade above $60.42K at press time. Enhanced sentiments toward the upcoming Federal rate decision, the US e...

UK inflation steady at 2.2% in August, services sector prices rise

The UK’s inflation rate held steady at 2.2% in August, according to data released by the Office for National Statistics (ONS) on Wednesday. This...

Indians to spend more than $50 during the upcoming wedding bonanza:...

The Indian stock market traditionally witnesses a significant boost during the festive and wedding seasons and with Indians estimated to spend more th...

Here’s why Avalanche (AVAX) price is at an elevated risk

Avalanche (AVAX) price has moved sideways this month as it continued underperforming other cryptocurrencies like Tron, Toncoin, Bitcoin, and Mantra. I...

Is it safe to buy gold, GLD, and IAU ETFs ahead of FOMC rate cut?

Gold price was hovering near its all-time high of $2,587 on Wednesday morning as investors waited for the Federal Reserve interest rate decision. It h...

Here’s why Sui price is in an ‘unstoppable’ bull run

Sui price has embarked on an unstoppable bull run, making it one of the best-performing cryptocurrencies in the industry. It soared to a high of $1.17...

The Children’s Place stock has short squeezed; time to buy?

The Children’s Place (PLCE) stock price has staged a strong comeback in the past few days, making it one of the best-performing companies in the retai...

Cotton prices surge as speculative buying rises amid USDA cuts and h...

Cotton prices have surged recently, driven by speculative buying and a combination of factors including recent USDA reports and potential hurricane im...

Amazon’s growing popularity for everyday items may not be good news...

Amazon.com Inc (NASDAQ: AMZN) is increasingly becoming the go-to store for everyday items like dish soap and paper towels, thanks to the convenience o...

Why is Talkspace stock (TALK) surging today?

Talkspace Inc (NASDAQ: TALK) saw its stock jump over 12% in premarket trading today, following the announcement of a significant partnership with Amaz...

Costco stock is more overvalued than Nvidia: still a buy?

The Costco Wholesale (COST) stock price has been in a relentless bull run in the past few decades, making it one of the best-performing companies in W...

Short Silver: Failure to break above $31.500 resistance, bearish rev...

Is there still hope for China’s economy?

China’s economic outlook has grown increasingly uncertain in recent months as key indicators continue to disappoint.  With industrial outpu...

FTM, TIA, and SUNDOG poised for continued recovery as potential Fed...

This week remains vital for the financial industry, with markets expecting tomorrow’s first rate cut by the Federal Reserve since 2020. The previous i...

Barclays upgrades Lindt and Barry Callebaut on positive outlook driv...

Barclays upgraded the stocks of Swiss chocolatiers Lindt & Spruengli (LISN) and Barry Callebaut (SIX) to ‘Overweight’ on Tuesday, sign...

SPHD ETF: Good dividend fund, but with potential risks

The Invesco S&P 500 High Dividend Low Volatility (SPHD) ETF has done well this year. It has risen in the last eleven consecutive weeks, moving to...

Gold poised for record rally after minor setback if Fed opts for 25...

Gold is likely to experience a short-term decline if the Federal Reserve opts for a modest 25-basis-point interest rate cut this week, but Goldman Sac...

British American Tobacco stock: hard to resist this 9.5% compounder

The British American Tobacco (LON: BATS) share price has done well this year, making it one of the best performing companies in the FTSE 100 index. It...