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Mohamed Abdelhamid

Political Tensions Drive Gold to a Five-Week High Above $3400

Gold prices have surged, reaching a five-week high above $3,400, as market attention shifts from robust economic data to rising political uncertainty surrounding the Federal Reserve. Despite strong indicators of a resilient U.S. economy, safe-haven demand for the precious metal is dominating market sentiment. The rally is being fueled by …

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Fed’s Lisa Cook Takes Trump, Powell to Court on Firing Decision

A recent lawsuit filed in federal court is challenging President Donald Trump’s decision to fire Federal Reserve Governor Lisa Cook. The lawsuit names both the president and Fed Chair Jerome Powell as defendants.Cook’s lawsuit argues that the president’s action was “unprecedented and illegal” and that there was no “cause” for …

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SparklingEarnings?NVIDIA’s Stellar Quarter: A Glimpse into the AI Revolution

NVIDIA is cementing its role as a titan in the tech industry, announcing impressive financial results for the second quarter of fiscal 2026. The company reported a significant surge in revenue, reaching $46.7 billion, marking a 6% increase from the previous quarter and a massive 56% leap from the same …

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Dollar Teeters on Uncertainty: Fed Jitters and Trade Stalemate Shake Markets

The US Dollar experienced a rollercoaster session on Wednesday, swinging between gains and losses before ultimately surrendering its early advances. This indecisive trading behavior stemmed from persistent worries over the Federal Reserve’s independence and a lack of significant progress in ongoing trade negotiations, leaving investors on edge as the day …

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