Volvo Cars to stop funding Polestar, may hand stake to Geely
Volvo Cars said on Thursday it would stop funding Polestar Automotive Holding and was handing responsibility for the struggling luxury…
Dollar near 7-week high as March Fed cut bets unwind
The dollar held near a seven-week high against the euro on Thursday, reached after Federal Reserve Chair Jerome Powell pushed…
How Microsoft is in ‘the pole position’ for next gen AI PCs
Microsoft (MSFT) posted its latest quarterly earnings showing revenue increased nearly 18% year-over-year to $62.02 billion, beating Wall Street expectations…
Bitcoin Price Nears $44K as ETFs
The 10 spot bitcoin ETFs on Monday experienced their first net inflows in one week, helping to send the price…
Gold Demand to Hit Record With Central-Bank Buying
Total gold demand hit a record last year and is expected to expand again in 2024 as the US Federal…
Starbucks slashes sales guidance after missing the mark in Q1 earnings
Starbucks’ (SBUX) bitter earnings report doesn’t seem to have fazed its investors. The coffee giant is cutting its full year…
Apple, Google Could Win the War for the Digital Wallet
Big Tech firms don’t aspire to be banks, but they sure want a cut of their business. Apple, Alphabet, and…
Steady OPEC+ Output Drives Oil Drop, Traders Eye US Response
Oil fell below $77 a barrel after last week’s rally pushed futures into overbought territory. At the same time, ample…
Snowflake (NYSE: SNOW) Emerges as the Next Investment Star Amidst Nvidia’s Dow Dominance
Nvidia’s forefront position in advanced graphics processing units (GPUs) has made it one of the most important players in the…
Looking beyond Tesla, explore the potential of this remarkable auto stock instead
During the last three months of 2024, Tesla reported a 3% revenue increase on a year-over-year basis, a sharp slowdown…