The price for gold suddenly plummeted starting from 08:00 GMT, as the price dropped from 2,373.80 down to 2,345.50. This move was caused by the reveal that the Chinese government has ended its 18 month streak of buying gold around the world in order to create reserves.
The music streaming service has announced a price increase in the United States for the premium subscription plans. The firm intends to increase its profit margins.
As various airlines have continued to report that demand for travel has been picking up, the full-year industry profit forecast has reached a total of $30.5 billion.
Despite Donald Trump being ruled as guilty at the court case in New York, the financial markets price in a high chance that the former President would return to the White House.
It has been revealed that Qatar Airways have been in talks with Boeing and Airbus about a major order of wide-body passenger jets.
For the first time in five years, the ECB has reduced its Main Refinancing Rate. The rate has been cut from 4.50% down to 4.25%. This rate cut was expected, as ECB policymakers had kept talking about it to the media since the start of the year.
After experimenting with live shopping in China, Zara has started to offer same experience in European countries and the United States.
Reuters has reported that Tesla intends to offer Full-Self-Driving electric vehicles in the Chinese market during this year.
Due to congestions in Asian and Mediterranean ports Maersk is set to skip westbound sailings from Asia that were set to depart in early July.
In an effort to help Airbus, the President of France Emmanuel Macron has been asking the Canadian government to ease sanctions on Russian exported titanium.
Recent comments made by US Federal Reserve officials have revealed that the USD policymakers do not expect inflation to increase, due to which the Dollar base interest rate could be kept unchanged.
The Chief Financial Officer of ASML Roger Dassen has revealed that the firm expects new orders from its top customer Taiwan Semiconductor Manufacturing Company in the upcoming quarter. These news caused a 7.56% surge of the company's stock price. The price went from 872.90 EUR up to 940.00 EUR by mid-day.
Reuters has published poll results that indicate that in May Chinese factory activity has highly likely continued to increase.
Due to a decline in hardware sales, Sony has been coming up with more ways of how to more engage PlayStation users.
The stock price of GameStop has once again jumped up, before retracing back down. The most recent pop was caused by retail traders finding out that Keith Gill holds $116 million in GME June call options.
Travel agencies and company websites indicate that cruise operators are forced to use discounts to full the bookings for their summer cruise routes.
The global sales volumes for Toyota declined in April. Biggest drops have been reported in China and Japan.
It has been reported that the accounting firm PwC is set to become the largest customer of OpenAI enterprise tools, as the firm has been using the enterprise ChatGPT version.
Due to the stock price continuing to surge higher, the market value of NVidia is approaching the value of Apple and could soon overtake the gadget firm as top valued firm of the world.
For the first time ever, the trading app firm Robinhood has started to buy back its shares in an effort to boost the stock price.
The activist investment firm Elliot Investment Management has revealed that it has built up a $2.5 billion stake in the chipmaker Texas Instruments.
Campbell Soup has started to restructure its manufacturing by firing 415 employees at various state plants.
The Institute for Supply Management has published the US Manufacturing sector Purchasing Managers Index. The index has come in below expectations. US Dollar index reacted to the news by dropping 0.16% and extending a prior decline.
Despite still moving higher, consumer inflation in Brazil has reportedly been lower than expected. In May, markets expected a 0.48% price rise, but actual increase is 0.44%. However, comparing it to the prior rise of 0.21%, it signals a return of inflation.