Grupo Mexico reports 17% rise in Q1 net income on higher metal prices, cost efficiency
Grupo Mexico, South America’s biggest mining and transport conglomerate, posted a 17% increase in first-quarter net profit on Friday, supported by higher copper and silver prices and lower production costs.Net profit reached $1.09 billion, exceeding the $816 million forecast from
Risk alert: ‘mild recession’ could crash the S&P 500 to 3,700 level
The benchmark S&P 500 index has recovered nearly 10% in recent weeks after President Trump agreed to a 90-day pause on almost all tariffs other than the ones imposed on China.Additionally, the White House exempted electronic devices from aggressive tariffs
GBP/USD forecast: C&H pattern signals more pound gains this year
The GBP/USD exchange rate has pulled back this week as the US dollar index (DXY) has stabilized. It initially rose to a high of 1.3430 earlier this week and then pulled back to the current 1.3300. This article explores what
USD/CAD analysis: forms a death cross ahead of Canada election
The USD/CAD exchange rate has crashed, forming a death cross pattern ahead of the upcoming Canadian election. It has plunged from a high of 1.4795 earlier this year to 1.3900.Canada election aheadThe USD to CAD exchange rate has been in
Here’s why the Ocado share price may surge despite challenges
Ocado share price continues to consolidate near its eight-year low as concerns about its growth and profitability accelerate. It has dropped from a record high of 2,916p in 2021 to the current 280p. Its market cap has plunged from over
American liquor exports hit record high in 2024, driven by tariffs
U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. That is according to the American Spirits Exports report published by trade association the Distilled Spirits Council of the United States
Hasbro forecasts as much as $300 million impact if China tariffs don’t come down
If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to its bottom line. The toy maker posted better-than-expected earnings on Thursday, but investors and analysts were more focused on
From ServiceNow to SAP: how the software sector is offering hope to investors amid economic jitters
Enterprise software stocks found themselves in the market’s spotlight on Thursday after ServiceNow posted stronger-than-expected earnings and guidance, reassuring investors that the sector might offer a rare bright spot in an economy clouded by rising tariffs and recession fears.Shares of
Indian markets open: Sensex tops 80K, Nifty above 24.3K on positive global cues
Indian equity benchmarks started Friday’s trading session on a positive footing, extending recent gains as favourable cues from global markets spurred buying interest, particularly in technology, pharmaceutical, and automotive stocks during the initial hours.Building on the momentum from previous sessions,
Asia markets open: Nikkei climbs over 1% on Fed optimism, strong Alphabet earnings
Asian stock markets advanced broadly at the open on Friday, taking strong cues from a powerful rally on Wall Street overnight. Investor optimism was largely driven by rising expectations for earlier-than-anticipated interest rate cuts from the US Federal Reserve, coupled
CartelFi price prediction 2025: can it outperform PEPE and Floki?
CartelFi is a meme coin project with a DeFi foundation, aiming to transform volatile tokens into income-generating assets. With staking pools, deflationary tokenomics, and a capped 1 billion token supply, CartelFi has already drawn over $1 million in presale investment.
Europe markets open: stocks gain, tracking global rally; Safran jumps 3% on earnings
European stock markets began Friday’s session on a positive note, carrying forward momentum from a global rally spurred by renewed optimism in technology stocks and tentative hopes surrounding international trade dynamics. Investors turned their focus to a fresh batch of
Buy now, pay later is everywhere: Is it a ticking time bomb?
(NewsNation) — Americans have long relied on credit cards, but a newer financing trend known as "Buy Now, Pay Later" is gaining traction, with many consumers turning to short-term payment plans to cover everyday essentials like gas and groceries. A recent NerdWallet
Lloyds share price outlook ahead of earnings: buy, sell, hold?
Lloyds share price has continued rising this year, and is now hovering at its highest level since 2008. It jumped to a high of 72.65p, up by over 85% from its lowest level this year, giving it a market cap
FTSE 100 shares to watch: HSBC, GSK, Glencore, NatWest, Lloyds, Shell
The FTSE 100 index extended its recovery this week, reaching its highest level since April 2. It has jumped by 11.2% from the lowest level this year. Precisely, it soared for nine consecutive days, its longest streak in over a