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Economy

GBP/USD forecast: Head and shoulders pattern forms

The GBP/USD exchange rate remained in a tight range this week as investors focused on the recent statements by Jerome Powell and…
Stock

What’s behind Credit Suisse’s $440 million lawsuit against SoftBank and why it failed

A UK court has dismissed a $440 million lawsuit against Japan’s SoftBank group filed by Credit Suisse over losses from the collapse…
Stock

Nscale secures $14B Microsoft AI chip deal to power global data centres

London-based Nscale, backed by Nvidia, has struck a deal worth up to $14 billion with Microsoft to deploy roughly 200,000 Nvidia GB300…
Stock

Dow futures climb 200 points on Wednesday: 5 things to know before Wall Street opens

Dow futures edged higher on Wednesday as investors look optimistic over a potential Federal Reserve rate cut and strong performance in chip…
Stock

Morgan Stanley posts strong Q3 earnings: what investors should know

Morgan Stanley reported its Q3 earnings on Wednesday and posted a solid quarter, surpassing Wall Street estimates with earnings per share of…
Stock

Bank of America profit surges on strong investment banking, trading growth

Bank of America reported a robust third quarter, surpassing Wall Street’s expectations as its investment banking and trading divisions delivered stronger-than-expected results….
Investing

GPIQ ETF beats JEPQ by far, but QQQ is a better Nasdaq 100 fund

The Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) is having a good year, with inflows rising and its stock jumping to a…
Investing

Commerzbank questions recent surge in copper price given dodgy supply situation

The dramatic price increase in the copper market is not as dire as it seems.  The copper prices dropped about $500 per…
Investing

Dow futures tank over 360 points on Tuesday: 5 things to know before Wall Street opens

Dow futures plunged over 360 points on Tuesday, reflecting a cautious mood on Wall Street ahead of the start of Q3 earnings….
Investing

Goldman Sachs Q3 earnings: 5 key takeaways investors can’t miss

Goldman Sachs announced its Q3 earnings before the opening bell on Tuesday, beating analyst expectations and showing solid momentum across its core…
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