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Abu Dhabi's TII and Nvidia have partnered to launch the Middle East's first joint AI research lab, focusing on next-gen AI models and robotics.
EUR/USD saw incresaed volatility, touching 1.19000 level, before closing slightly above 1.17500. Economic Calendar Analysis Lower levels of volatility may be a primary scenario within this timeline. EUR/USD hourly chart analysis EUR/USD is showing bullish momentum after bouncing from support, but it's now approaching a major resistance zone. After finding a floor at 1.1718, buyers have pushed the price higher. The MACD indicator
Republicans aim to pass a stopgap bill to avoid an Oct. 1 shutdown, funding the gov't through Nov. 21 and adding $88M for officials' security after Charlie Kirk's killing.
BlackRock and Vanguard cut CEO meetings after SEC guidance limited talks on climate and diversity, reducing investor input and raising risk of surprise votes.
Nvidia's $5B Intel investment boosts U.S. chip ties, easing scrutiny on Asian rivals like TSMC, but may raise competition long-term with joint chip development.
Hundreds lined up at Apple's Beijing store as iPhone 17 launched. The Pro Max, starting at ¥9,999, drew most buyers and is expected to be the top seller.
SoftBank will cut 20% of Vision Fund staff to focus on U.S. AI bets, despite strong gains from Nvidia and Coupang in its best quarter since June 2021.
Ford is recalling over 100,000 Taurus cars in the U.S. due to a defect that could cause door trim to detach while driving, the NHTSA said on Friday.
USD/JPY's recent uptrend has hit a major roadblock at the 148.20 price level, and there are growing signs that the rally is running out of steam. The price has tried and failed to break through this ceiling twice, creating a classic bearish reversal pattern known as a "double top," which indicates that sellers are defending this level strongly. This weakness
The Trump administration moves to speed up power projects as AI drives demand, urging fossil fuel plants to stay open and seeking input on energy needs and plans.
Gold continues to serve as a reliable hedge against inflation, maintaining its role as a safe-haven asset during periods of rising prices and economic uncertainty. As inflation erodes the value of fiat currencies, investors often turn to gold to preserve their purchasing power. Gold reveals a dominant, long-standing bullish trend, with a recent acceleration of large weekly candles pushing the price
FedEx beat profit and revenue estimates as U.S. deliveries and cost cuts offset weak global volumes after low-value import tax breaks ended. Shares rose 5.5%.
FedEx reported strong earnings growth in the first quarter of fiscal 2026 compared to last year. Revenue rose to $22.2 billion from $21.6 billion, and adjusted earnings per share increased to $3.83 from $3.60. This growth came from higher U.S. domestic shipping, better efficiency, and cost-cutting efforts, although results were slightly affected by one-time tax costs and ongoing business changes. The
Microsoft will build a second AI data center in Wisconsin, boosting its investment to over $7B. The project will create up to 800 jobs once fully completed.
The IMF has proposed Dan Katz, chief of staff to U.S. Treasury Secretary Scott Bessent, for the fund's No. 2 role.
New Nestlé chair Pablo Isla, ex-Zara CEO, brings e-commerce and trend expertise to revamp the brand, aiming to boost appeal with younger consumers.
A study shows the U.S. now relies more on EU imports than China, with over 3,100 product groups sourcing 50%+ from the EU—up from 2,600 in 2010.
A judge approved Disney's $233M settlement with over 51,000 Disneyland workers who claimed they were denied a living wage. The deal was called fair and reasonable.
NVIDIA stock is neutral and trading sideways within a consolidation range. The flat Bollinger Bands and an RSI indicator near the 50 level both confirm this lack of a clear trend, showing a balance between buying and selling pressure. The key levels to watch are the resistance at 183.48 and the support at 164.60. A decisive breakout from this range
SoftBank's joint venture with OpenAI in Japan is delayed. It was planned for this summer, but setup is slow. An update is expected in November, per a source.
General Mills reported its first-quarter results for fiscal 2026, showing mixed performance. Sales fell 7% to $4.5 billion, partly due to selling its U.S. yogurt business. Organic sales, which exclude one-time events, were down 3%. The company made a $1.05 billion gain from the yogurt sale, which helped push total operating profit up 108% to $1.7 billion. However, adjusted operating
Mars will invest €1B in EU by 2026 to boost manufacturing, sustainability, and innovation, adding to €1.5B spent in the past 5 years across 24 factories.
Federal Reserve announced several monetary policy actions. The interest rate paid on reserve balances was lowered to 4.15%, effective September 18. The Federal Open Market Committee (FOMC) set the federal funds rate target range at 4.00% to 4.25%. To support this stance, the Fed will conduct overnight repurchase agreement (repo) operations with a minimum bid rate of 4.25% and a
EU antitrust regulators resumed their probe into Mars' $36B bid for Pringles maker Kellanova, with a decision due by Dec 19 after a brief pause in July.