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Technology stocks surged today as several major companies reported quarterly earnings that exceeded analyst forecasts, pushing the Nasdaq to new highs.
Major tech giants reported strong revenue growth driven by cloud computing and AI initiatives. Market strategists are now revising their sector outlooks upward, citing sustained demand for technology solutions across industries.
The economy expanded at a 3.2% annual rate in the fourth quarter, surpassing economists' projections of 2.8% growth.
4 hours ago • By James WilsonCrude oil prices found stability after OPEC+ members agreed to maintain current production levels through the end of the quarter.
6 hours ago • By Ahmed HassanMajor banks reported strong quarterly results despite ongoing interest rate challenges, with investment banking divisions driving growth.
Today, 11:45 AMThe precious metal reached $2,345 per ounce as investors seek safe-haven assets amid persistent inflation worries.
Today, 10:23 AMIndustry analysts report improved supply chain conditions as new production capacity comes online, potentially relieving pressure on electronics manufacturers.
Today, 9:17 AMRetail sales data indicates that consumer spending continues to hold up well, with a 0.8% increase in February exceeding expectations.
Today, 8:34 AMOffice vacancies continue to rise in major urban centers as companies embrace hybrid work models, putting pressure on commercial REITs.
Yesterday, 4:56 PMLarge pharmaceutical companies are increasingly acquiring smaller biotech firms with promising pipelines, driving valuations higher in the sector.
Yesterday, 3:19 PMChief Market Strategist
The technology sector continues to outperform broader market indices, with companies leveraging AI innovations to drive efficiency and create new revenue streams.
Read AnalysisGlobal Economist
While emerging markets face challenges from global monetary policy shifts, several regions offer compelling valuations and strong growth prospects for long-term investors.
Read AnalysisFixed Income Specialist
With central banks signaling potential policy shifts, bond investors should consider adjusting duration and credit quality to position portfolios for changing interest rate environments.
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