Home / Mohamed Abdelhamid (page 18)

Mohamed Abdelhamid

Surprising Rally Led by Traditional Giants: Dow Hits Record High as Wall Street Rotates Out of Tech and Into Safety

The Dow Jones Industrial Average surged to a new record high, climbing sharply as investors shifted capital away from high-growth technology stocks and into more traditional, defensive sectors. The index’s strong advance reflects a clear change in market leadership, where established companies are once again driving gains while momentum-driven tech …

Read More »

SpaceX Prepares for a Historic $75 Billion IPO — A Trillion-Dollar Ambition Takes Shape

SpaceX has officially unveiled its IPO roadshow presentation as it moves toward one of the most significant public offerings in financial history. The company is targeting approximately $75 billion in fundraising, with a potential valuation nearing $1.8 trillion. Led by Elon Musk, SpaceX is positioning itself far beyond a traditional …

Read More »

Why Has Bitcoin Lost Nearly 20% in Just One Week?

Bitcoin experienced a steep decline, falling from nearly $76,000 to below $67,000 within a single week, marking one of the sharpest short-term corrections of the current cycle. The move was not driven by a single catalyst, but rather a convergence of institutional selling, macroeconomic pressure, liquidity stress, and deteriorating sentiment …

Read More »

Meta Shares Jump as AI Agent Push Expands Beyond Advertising Business

Meta Platforms shares rose more than 4% on Wednesday as investors reacted positively to the company’s expanding artificial intelligence strategy, which is increasingly focused on new revenue streams beyond traditional digital advertising.The stock move came after Meta unveiled a new AI-powered business tool designed to help companies manage customer interactions …

Read More »

U.S. Labor Market Nears a Critical Turning Point in 2026

The US labor market is entering a pivotal phase, reflecting a cautious balance between continued job creation and underlying structural pressures that could shape the economic trajectory in the coming period.In May 2026, the change in nonfarm employment reported by ADP showed an addition of around 122,000 jobs, surpassing economists’ …

Read More »

Fed Beige Book Signals Resilient US Economy as Growth Holds Steady Despite Inflation Pressures

A new assessment of economic conditions across the United States suggests that the economy remains on a steady growth path, even as inflationary pressures continue to challenge businesses and consumers.According to the latest Federal Reserve Beige Book, economic activity increased at a slight to moderate pace in the majority of …

Read More »

Will ECB Hike Rates as Inflation Refuses to Back Down?

The European Central Bank is approaching its June policy meeting amid growing expectations that borrowing costs could rise again as inflation remains higher than policymakers would like.Recent economic data suggest that price pressures across the eurozone are proving more persistent than anticipated, increasing pressure on the central bank to take …

Read More »

Apple’s New Budget Laptop Sparks Fresh Competition Across the PC Market

Apple’s latest entry into the budget laptop segment is rapidly becoming one of the company’s biggest success stories of 2026, attracting millions of buyers and reshaping competition across the global PC market.Launched in March at a starting price of $599, the new MacBook quickly gained traction among consumers looking for …

Read More »