Quick Look: NZD falls to 0.5950. The bearish trend suggests a drop to 0.5840. Business NZ PSI contracts; BNZ forecasts a 2% GDP decline. The upcoming speech by Fed’s Lorie K. Logan is crucial for policy insights. Investors are watchful as upcoming data could sway markets. The New Zealand Dollar (NZD) continues declining against the …
Quick Look: US CPI rose by 0.4% month-over-month, with an annual increase of 3.5%. March’s Producer Price Index grew by 0.2% month-over-month and up by 2.1% yearly. ECB Holds rates, key rates unchanged; potential rate cut signalled by June. US retail sales are expected to rise by 0.3% month-over-month next Monday. The Consumer Price Index …
Quick Look: Cronos Group stock fell by 2.53%, closing at $3.47. Trading volume below average with cautious investor stance. Annual shares are up by 25.27% despite market downturns. Earnings reveal a net margin of -84.15% and EPS of -$0.19. Analysts hold a ‘Moderate Buy’ despite challenges. Cronos Group Inc. (CRON.TO) is a prominent drug speciality …
Quick Look: Nickel smelting causes local communities severe health problems and environmental impact. Indonesia uses coal power for operations, bucking global clean energy trends. The nickel market flooded, reducing global prices and affecting major producers. Industry incidents and poor safety conditions highlight systemic management issues. Indonesia’s boom conflicts with environmental sustainability goals. Indonesia’s aggressive expansion …
Indonesia’s Nickel Surge: 95% Coal Power in 2024 Read More »
Quick Look: The Robot Market in China is projected to grow from 10.47 billion to 119 billion yuan by 2030. Notable events include the China Humanoid Robot Industry Conference. Technological breakthroughs include Yushu Technology’s H1 robot. AGI is expected within five years, according to NVIDIA’s CEO. The Chinese humanoid robot market is currently valued at …
Quick Look: USD/CHF fell by 0.32%, breaking below the 0.9100 support. Despite a recent dip, the pair remains up 9.316% from the 52-week low. Key resistance points were identified at 0.9100 and 0.9147. Stochastic oscillator signals USD/CHF as ‘oversold’. Market eyes potential rebound amid upcoming U.S. CPI data. In recent trading sessions, the USD/CHF pair …
Quick Look: The yuan stabilized as the PBOC set the currency at 7.0967, aiming to stabilize market unrest. Hang Seng Index fell by 1.7%; the Shanghai Composite is slightly down by 0.1%. Company Stocks Fluctuate Notable drops in China Overseas and Alibaba. Gold reaches new highs due to geopolitical tensions, but stocks lag. PBOC maintains …
Quick Look: Alpine’s stock hit a 52-week high of $45.44, closing at $42.96 on substantial volume. Q1 earnings exceeded expectations with an EPS of $0.15 and revenue of $30.85M. Analysts rate Alpine as a ‘Buy’ with a target price range of $44.00 to $50.00. Legal scrutiny from Halper Sadeh LLC over its sale to Vertex …
Alpine’s Stock Soars to $45.44, Earnings Crush Estimates Read More »
Quick Look: The Spirulina Market is Predicted to grow to USD 1077.96 million by 2029 at a 7% CAGR. Health trends and technological advancements drive market growth, particularly in plant-based supplements. Challenges include price fluctuations, environmental concerns, and regulatory hurdles, but opportunities exist in diversification and new markets. Spirulina, rich in protein and antioxidants, finds …
Spirulina Market to Hit $1077.96M by 2029, 7% CAGR Read More »
Quick Look: Apple updated its spyware threat notification system to better inform iPhone users about risks. Collaborated internationally to combat spyware misuse, with an initiative now including 11 countries. Sent global threat notifications to iPhone users in 92 countries, warning of spyware attacks and advising caution. In 2024, issued warnings in India about targeted Pegasus …
Apple Battles Spyware: Global Alert And Enhanced Security Read More »
Quick Look: Intervention threats, BoJ policy hints, and global tensions drive USD/JPY volatility. Speculation grows with Yen surpassing the 153 mark, hinting at potential Japanese intervention. Technical indicators suggest a bullish USD/JPY trend, but BoJ intervention remains a caution. Short-term outlook focuses on US data, FOMC speeches, and possible Japanese intervention effects. The USD/JPY pair …
USD/JPY Faces Volatility: Intervention & Global Risks Loom Read More »
Quick Look: Sunrun’s stock up by 4.7% recently, despite past volatility and a 12-month high of $23.85. Q1 earnings report showed a significant loss (EPS of -$1.33) but exceeded revenue expectations. Analysts maintain a ‘Moderate Buy’ with a future target of $22.05 amidst market turbulence. Core focus on residential solar energy systems in the U.S., …
Sunrun’s Stock Rises 4.7% Amid Market Challenges Read More »
Quick Look: Global uranium production increased by 11.7%, reaching 60.3 kilotons due to clean energy shifts and geopolitical tensions. Uranium prices hit a 15-year high in January 2024, with investments in nuclear energy rising significantly. Kazakhstan and Canada lead in uranium production, with Kazakhstan producing nearly 40% of the global output. Uranium price per pound …
Uranium Stocks Peak: 11.7% Production Boost & Price Hike Read More »
Quick Look: Axion – Google’ Arm-based CPU enhancing Google services and cloud computing efficiency. 30% improvement over general-purpose Arm chips, 50% better than Intel’s processors. Next-gen TPU for AI model training, with more than double the capability of its predecessor unveiled. Google aims to lead hardware development, reducing reliance on Intel and Nvidia. Axion distinguishes …
Google’s Axion: 30% Faster AI & Cloud Revolution Read More »
Quick Look: AUD trades near a two-week high at 0.6630 against USD amid upcoming US CPI data and FOMC minutes. March CPI in the US will rise to 3.4% YoY; Fed rate cuts may appear from September 2024. Fed officials offer varied outlooks; Goolsbee warns against high rates, and Powell aims for 2% inflation. With …
AUD/USD Nears 2-Week High at 0.6630 Amid US CPI Await Read More »
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