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Nvidia yesterday revealed new products at the company’s annual GPI Technology Conference at San Jose. The CEO Jensen Huang showed off its new AI system Vera Rubin, called after nothing less than the astronomer who discovered the evidence of dark […]

A set of Chinese data released earlier today looked better-than-expected; the fixed asset investment unexpectedly accelerated in February, growth in industrial production slowed less than expected – a slowdown due to the Chinese new year break, while growth in retail

Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs on champagne, wine, and other

Nvidia continues to do an amazing job. The revenue grew 78% in Q4 compared to a year earlier and came in at $39.3bn, higher than the $38.5bn pencilled in by analysts. Net income hit $22.1bn, an 80% surge from a

The US dollar is giving back gains despite the tariff talk, rate cuts in Australia and New Zealand and despite the hawkish Federal Reserve (Fed) minutes that hinted that the Fed officials are inclined to keep the rates unchanged until

Here we are, the last day and the last trading day of the year. It’s now been about two years that ChatGPT was launched and it’s been two years that the AI buzz pushed some US Big Tech companies to

Last week ended on a positive note for the European stocks and negative note for the US stocks. Friday saw the S&P 500 dive more than 1%, while the Stoxx 600 closed 0.67% higher. We can’t drive major conclusions in

It’s never too late to believe in Santa. Investors on Monday were shrugging off the bad news of past week – especially the one that suggested that the Federal Reserve (Fed) would cut its rates only two times in 2025

Canada joined the global political gloom. The sudden resignation of the finance minister on Monday started raising questions about Trudeau’s leadership as politicians there try to find ways to deal with economic slowdown topped by Trump’s tariff threats. Happily for

Yesterday’s US inflation data was the last possible barrier to the much-expected extra 25bp cut from the Federal Reserve (Fed) next week, and the release went well. The figures came spot on expectations. Headline inflation inched slightly higher from 2.6%