Markets
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Micron vs. Nvidia: Wall Street’s New AI Darling Has Soared 18-Fold Since ChatGPT
Key takeaways Micron shares have surged more than 1,800% since ChatGPT’s launch in November 2022, outperforming Nvidia over the same…
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US Earnings Season: What Does Wall Street Expect from S&P 500 Companies?
Second-quarter earnings season is getting underway with investor sentiment remaining highly optimistic and expectations for Corporate America among the strongest…
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Gold declines as Iran tensions fuel inflation risks, revive Fed hike bets and support USD
Gold meets with a fresh supply on Thursday as energy-driven inflation fears fuel Fed hike bets. Escalating US-Iran tensions support…
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Iron Ore Firms on Supply Concerns
Iron ore futures held above CNY 750 per ton, hovering near one-month highs amid growing concerns over tightening global supplies.…
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Platinum Rises to 3-Week High
Platinum futures rose to around $1,670 an ounce, reaching more than a three-week high as softer US inflation data offset…
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Coffee Prices Climb on Brazilian Real Strength
September arabica coffee (KCU26) on Wednesday closed up +0.65 (+0.20%), and September ICE robusta coffee (RMU26) closed up +62 (+1.61%).…
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Cocoa Prices Edge Higher Ahead of Q2 Cocoa Grindings Reports
September ICE NY cocoa (CCU26) on Wednesday closed up +77 (+1.33%), and September ICE London cocoa #7 (CAU26) closed up…
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Sugar Prices Slip as Monsoon Rains Improve in India
October NY world sugar #11 (SBV26) on Wednesday closed down -0.03 (-0.20%), and Aug London ICE white sugar #5 (SWQ26)…
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BlackRock shares jump 5% after earnings. What did the Wall Street giant report?
Key takeaways BlackRock shares rise after stronger-than-expected earnings The firm now manages $15.34 trillion in assets Earnings per share and…
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The AI trade powers on, as luxury stocks surge
Key takeaways ASML eases fears about sustainability of AI trade The two-tier AI trade The US’s Goldilocks moment China growth…
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