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2024-07-03 | Current Affairs

Tesla Boosts Nasdaq to 22nd Record This Year

Tesla’s share price surge on Tuesday contributed to the Nasdaq Composite and S&P 500 reaching new record highs in a relatively calm pre-holiday trading session.  

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2024-06-20 | Current Affairs

Australian Mexican Restaurant’s Shares Soar 36% on IPO Debut

Shares of the Australian Mexican restaurant chain, Guzman Y Gomez (GYG.AX), soared by more than one-third on their trading debut, marking the country’s largest IPO in a year.  

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2024-05-16 | Market Dive

What is Stagflation? Are We Heading for Another One Now?

In recent economic discussions, the term “stagflation” has resurfaced, sparking debates about its potential resurgence lately. While GDP reports and data show signs, economists remain divided on the possibility. Let’s take a closer look at what stagflation entails, its historical context, and what it could mean for today’s economy and financial markets.  What is Stagflation?  […]

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2024-05-06 | Current Affairs

Starbucks faces competition in China amid declining sales in the U.S 

Today’s News  Starbucks, once an American coffee giant, is encountering a new reality as its traditional market stagnates. With U.S. sales on the decline, the company is pinning its hopes on China’s burgeoning coffee culture, a market it helped introduce a quarter-century ago. However, the path forward is strewn with challenges as China’s coffee scene […]

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2021-03-09 | Current Affairs

It’s official: Nasdaq in a correction, with 10% fall from Feb record close

WORLDWIDE: HEADLINES   It’s official: Nasdaq in a correction, with 10% fall from Feb record close NEW YORK – The Nasdaq’s retreat from its all-time highs last month is now officially considered a correction in a bull market. The tech-heavy index on Monday closed down 2.22% unofficially at 12,633.61, roughly 10.6% below the Feb. 12 record […]