As the new trading month begins, stock futures have shown a sharp decline, raising alarm bells among investors. The latest developments regarding tariffs imposed by the U.S. government on key trading partners are causing concern over their potential ramifications for the economy and corporate profits. With these fluctuations in the market, it is essential to
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The global landscape of artificial intelligence (AI) is experiencing rapid advancements, with companies vying for supremacy in creating more sophisticated and efficient models. Recently, Singapore’s Ministry of Trade and Industry (MTI) issued a statement underscoring the importance of compliance with U.S. export controls amid rising concerns regarding the chips used by the Chinese company DeepSeek
In a development that has stirred considerable debate, President Donald Trump has announced a new set of tariffs targeting major trading partners, a move that appears to be rooted in controversial foreign policy objectives. The official confirmation came from White House Press Secretary Karoline Leavitt, who stated that tariffs would be levied at 25% on
British oil major Shell has recently disclosed a noteworthy decrease in its annual profit for 2024, a phenomenon that underlines the fluctuations within the global energy market. Adjusted earnings plunged to $23.72 billion, representing a discrepancy from the previous year’s earnings of $28.25 billion. Importantly, analysts had forecasted a higher figure, with net profits anticipated
Norway’s sovereign wealth fund has once again asserted its dominance as the largest of its kind globally, showcasing an extraordinary full-year profit of 2.5 trillion kroner (approximately $222.4 billion) in 2024. This remarkable achievement not only eclipses the previous record of 2.22 trillion kroner set in 2023 but also highlights the fund’s strategic investment capabilities
The rollercoaster ride of stock prices in the technology sector has seen a significant event with Nvidia at the epicenter. On a recent Tuesday, the renowned semiconductor company saw some recovery in its stock value, but this move came a day after the stock experienced a historic plunge, wiping out an astonishing $595 billion in
As the global technology landscape evolves, the emergence of Chinese startups like DeepSeek signifies a notable shift in the artificial intelligence (AI) hierarchy. This development poses significant implications not just for American tech giants but also for Asian semiconductor companies that are intricately woven into the fabric of the U.S. AI value chain. The recent
In a powerful display of opposition, tens of thousands of Germans took to the streets on Saturday to protest the escalating presence of the far-right Alternative for Germany (AfD) party. Massive demonstrations unfolded in Berlin and cities across the nation, signaling a collective rejection of extremist ideologies as the nation prepares for the upcoming general
The recent hostage exchange between Hamas and Israel has cast a complex light on the fragile peace process and the ongoing humanitarian crisis in Gaza. Released on Saturday, four female Israeli soldiers were handed back to their homeland in a high-stakes trade that saw approximately 200 Palestinian prisoners return to Gaza. This event is part
As the fourth quarter draws to a close, key players in the financial markets are closely monitoring an impressive slate of corporate earnings scheduled for release next week. With a total of 90 companies from the S&P 500 and eight from the Dow Jones Industrial Average slated to report, this week stands as a critical