Market Update

Despite recent market volatility and geopolitical concerns, market expectations suggest that NVIDIA’s stock still has significant upside potential. The leading chipmaker’s stock could see substantial gains, fueled by the early stages of the AI revolution.Investor optimism surrounding NVIDIA is largely driven by the unprecedented demand for its Blackwell processors, which …

The U.S. dollar weakened at the start of Wall Street trading, influenced by expectations that the Federal Reserve will maintain steady interest rates, coupled with an improved risk appetite in financial markets on Wednesday. This shift was driven by economic data and statements from U.S. President Donald Trump regarding the …

The S&P 500 rose by approximately 0.5%, while the Dow Jones Industrial Average gained about 0.7%, and the tech-heavy Nasdaq Composite increased by roughly 0.5%.The uptick followed remarks by U.S. President Donald Trump suggesting Iran’s willingness to negotiate, boosting hopes for de-escalation in the Israel-Iran conflict.U.S. equity markets also received …

Nippon Steel Corporation (TSE: 5401) has successfully finalized its acquisition of United States Steel (NYSE: X) in a deal valued at approximately $14.9 billion, the companies announced on Wednesday. This strategic acquisition creates a “world-leading steelmaker,” combining the strengths of both companies in the global steel market. Terms of the …

New applications for unemployment insurance in the United States dropped to 245K for the week ending June 14, according to the U.S. Department of Labor (DOL) on Thursday. This figure matched initial estimates and was a decrease from the previous week’s revised tally of 250K (revised from 248K). The report …

Bitcoin extended its recent losses on Wednesday, as the ongoing Israel-Iran conflict continued to weigh on investor sentiment and quash risk appetite. The broader cryptocurrency market also retreated, with few signs of deescalation in the conflict. Traders were also focused on potential U.S. intervention following President Donald Trump’s harsh rhetoric …

U.S. stock futures edged higher on Wednesday as traders evaluated the ongoing Israel-Iran conflict and braced for the conclusion of the Federal Reserve’s policy meeting later in the day. At 05:20 ET (09:20 GMT), Dow Jones Futures gained 100 points, or 0.2%, S&P 500 Futures rose 20 points, or 0.3%, …

European stocks steadied on Wednesday as investors remained cautious, closely monitoring the ongoing Israel-Iran conflict and awaiting the conclusion of the latest Federal Reserve policy meeting. As of 03:05 ET (07:05 GMT), the DAX index in Germany dropped 0.1%, while the CAC 40 in France gained 0.2%, and the FTSE …

Gold prices held steady in Asian trade on Wednesday as investors remained cautious ahead of the Federal Reserve’s interest rate decision later in the day. Safe-haven demand was supported by escalating tensions in the Israel-Iran conflict and concerns about potential U.S. military involvement. Spot gold remained unchanged at $3,388.25 per …

Oil prices steadied in Asian trade on Wednesday after surging over 4% the previous session, driven by concerns about potential supply disruptions due to the ongoing Israel-Iran conflict and an unexpected draw in U.S. oil inventories. Brent oil futures for August fell slightly to $76.40 per barrel, while West Texas …