The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest consumer of these raw materials. New production caps on non-ferrous metals and an increased emphasis on recycling are set to redefine supply dynamics, potentially offering price support while also introducing long-term uncertainties. On Sunday, China’s
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Emily
The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest consumer of these raw materials. New production caps on non-ferrous metals and an increased emphasis on recycling are set to redefine supply dynamics, potentially offering price support while also introducing long-term uncertainties. On Sunday, China’s
2.5KBritish online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and a slow recovery in its fast-fashion business. The London-listed company said profit would still rise more than 60% from last year but land at the lower end of its previously guided range of
British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and a slow recovery in its fast-fashion business. The London-listed company said profit would still rise more than 60% from last year but land at the lower end of its previously guided range of
1.2KSpotify announced on Tuesday that founder Daniel Ek will step down as chief executive officer at the start of 2026, transitioning to the role of executive chairman. The move will mark the end of his formal tenure as CEO after nearly two decades leading the company. Co-CEO model introduced Beginning January 1, 2026, Gustav Söderström,
Spotify announced on Tuesday that founder Daniel Ek will step down as chief executive officer at the start of 2026, transitioning to the role of executive chairman. The move will mark the end of his formal tenure as CEO after nearly two decades leading the company. Co-CEO model introduced Beginning January 1, 2026, Gustav Söderström,
3.2KCelsius Holdings is set for additional gains as its core and acquired beverage lines strengthen across markets, according to Morgan Stanley. The investment bank upgraded the energy drink maker to overweight from equal weight, citing expectations for renewed topline growth momentum. Alongside the upgrade, Morgan Stanley raised its price target on the stock to $70
Celsius Holdings is set for additional gains as its core and acquired beverage lines strengthen across markets, according to Morgan Stanley. The investment bank upgraded the energy drink maker to overweight from equal weight, citing expectations for renewed topline growth momentum. Alongside the upgrade, Morgan Stanley raised its price target on the stock to $70
4KNvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in the coming years. Citigroup just put a number on it and forecasted that nearly $3 trillion is set to be poured into AI infrastructure by 2029. Nvidia clearly leads the pack with its powerhouse chips
Nvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in the coming years. Citigroup just put a number on it and forecasted that nearly $3 trillion is set to be poured into AI infrastructure by 2029. Nvidia clearly leads the pack with its powerhouse chips
3.3KThe Neos S&P 500(R) High Income ETF (SPYI) stock price has done well this year and is now hovering at its record high. In addition, the fund has an 11% yield, much higher than the Vanguard S&P 500 ETF (VOO), which yields just 1.1%. Why the SPYI ETF yields too much The SPYI ETF is
The Neos S&P 500(R) High Income ETF (SPYI) stock price has done well this year and is now hovering at its record high. In addition, the fund has an 11% yield, much higher than the Vanguard S&P 500 ETF (VOO), which yields just 1.1%. Why the SPYI ETF yields too much The SPYI ETF is
3.3KUS stocks edged lower on Tuesday as investors weighed the prospect of a federal government shutdown against an otherwise strong September for equities. The Dow Jones Industrial Average hovered just below the flatline, while the S&P 500 and the Nasdaq Composite each slipped 0.1%. Shutdown risks have added to broader concerns about a slowing labour
US stocks edged lower on Tuesday as investors weighed the prospect of a federal government shutdown against an otherwise strong September for equities. The Dow Jones Industrial Average hovered just below the flatline, while the S&P 500 and the Nasdaq Composite each slipped 0.1%. Shutdown risks have added to broader concerns about a slowing labour
1.7KWolfspeed stock kicked off Tuesday with a 35% uptick in pre-market trades after Monday’s eye-popping rally. The company just wrapped up a tough Chapter 11 bankruptcy, slashing its massive debt and hitting the reset button on its finances. That fresh start has investors feeling hopeful about Wolfspeed’s future in the chip business. But with such
Wolfspeed stock kicked off Tuesday with a 35% uptick in pre-market trades after Monday’s eye-popping rally. The company just wrapped up a tough Chapter 11 bankruptcy, slashing its massive debt and hitting the reset button on its finances. That fresh start has investors feeling hopeful about Wolfspeed’s future in the chip business. But with such
1.8KCoreWeave Inc. said on Tuesday it has struck an agreement to supply Meta Platforms Inc. with up to $14.2 billion of artificial intelligence cloud infrastructure, underscoring the steep costs associated with building and deploying advanced AI models. Shares of CoreWeave jumped more than 13% on market open after the announcement, extending a rally that has
CoreWeave Inc. said on Tuesday it has struck an agreement to supply Meta Platforms Inc. with up to $14.2 billion of artificial intelligence cloud infrastructure, underscoring the steep costs associated with building and deploying advanced AI models. Shares of CoreWeave jumped more than 13% on market open after the announcement, extending a rally that has
3.3KFirefly Aerospace shares fell sharply after one of the company’s rockets exploded during testing, raising new concerns about the challenges facing the newly public space technology provider. The stock dropped 23.65% to $28.22 on Tuesday open, following the incident involving the company’s Alpha Flight 7 rocket. Alpha rocket booster destroyed Firefly confirmed that the first
Firefly Aerospace shares fell sharply after one of the company’s rockets exploded during testing, raising new concerns about the challenges facing the newly public space technology provider. The stock dropped 23.65% to $28.22 on Tuesday open, following the incident involving the company’s Alpha Flight 7 rocket. Alpha rocket booster destroyed Firefly confirmed that the first
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Emily is a passionate financial writer and market enthusiast with over a decade of experience in personal finance, stock market trends, and long-term investing strategies. With a background in economics and a love for simplifying complex financial topics, she helps readers make smarter money decisions with confidence. When she’s not analyzing charts or writing about the latest market moves, Emily enjoys hiking, strong coffee, and reading biographies of great investors.
