May 30, 2025 11:50 am
Key Moments: The Indian economy saw growth of 7.4% in 2025’s first quarter, but the news failed to lift the rupee. USD/INR edged 0.21% higher on Friday to hit 85.64. The Indian rupee fell around 1% in May after strengthening for two consecutive months. India Outperforms Economic Growth Forecasts, Rupee Ends Two-Month Rally India’s economy […]
Read moreMay 30, 2025 10:40 am
Key Moments: JPMorgan lifted ULTA Beauty’s price target from $477 to $525. ULTA reported a Q1 EPS of $6.70 and revenue of $2.85 billion, both exceeding expectations. The company’s shares rose by over 7% to $454 during pre-market hours. JPMorgan Sees Upside in ULTA’s Fundamentals Friday saw Christopher Horvers, Senior Analyst at JPMorgan, raise his […]
Read moreMay 29, 2025 2:44 pm
Key Moments: ELF Beauty reported Q4 adjusted earnings of 78 cents per share, topping estimates. The company is set to acquire Hailey Bieber’s Rhode beauty brand for $1 billion. Shares jumped over 28% after Thursday’s opening bell. Quarterly Results Outperform Expectations ELF Beauty shares climbed sharply on Thursday after the company reported stronger-than-expected Q4 earnings […]
Read moreMay 29, 2025 12:25 pm
USD/JPY fell back to 144.67 after its initial rally above 146 on Thursday. The US Dollar Index slipped from the 100 mark. Japan’s Economy Minister Akazawa confirmed plans to proceed with trade talks despite the US Court of International Trade’s tariff ruling. USD/JPY Weakens Following Trade-Fueled Rally The USD/JPY currency surged in the early hours […]
Read moreMay 29, 2025 7:38 am
Key Moments: Nvidia posted record Q1 revenue of $44.1 billion, reflecting a 69% year-on-year increase. The company projected an $8 billion revenue hit in Q2 due to tightened US export restrictions on AI chips to China. Shares jumped almost 5% in after-hours trading. Quarterly Results Exceed Expectations Nvidia delivered stronger-than-expected earnings for 2025’s first quarter, […]
Read moreMay 28, 2025 1:21 pm
Key Moments: Toyota is aiming for its plug-in hybrid vehicles to constitute roughly one-fifth of its American sales by 2030. The company will continue to work on improving its electric-only range, according to David Christ. Toyota’s US-listed shares dropped by 2% pre-bell on Wednesday. Toyota Targets 20% PHEV Sales in US by 2030 In a […]
Read moreMay 28, 2025 12:21 pm
Key Moments: Long-term Bitcoin holders recently spent $4.02 billion in BTC. Metaplanet secured $100 million in total funding for Bitcoin through zero-interest bonds. Bitcoin has been trading below the $109,000 mark today. $4.02 Billion in Bitcoin Moved by Long-Term Holders Recent blockchain data by Glassnode highlighted a marked increase in spending activity among Bitcoin investors […]
Read moreMay 28, 2025 11:01 am
Key Moments: Ford issued a recall for 1,075,299 vehicles in the US due to rear-view camera display issues. Various Ford models are targeted by this recall, including the the 2021-2024 Bronco, the 2023-2024 Escape, and more. The company’s shares fell by 0.2% during Wednesday’s pre-market session. Massive Recall Tied to Rear-View Camera Software Ford Motor […]
Read moreMay 28, 2025 7:24 am
Key Moments: Australia’s consumer prices rose 2.4% year-over-year in April, slightly above the expected 2.3%. The Reserve Bank of Australia may continue easing monetary policy in the months ahead. The Australian dollar weakened 0.12% to 0.6433 while the S&P/ASX 200 slipped by 0.13%. Currency Weakness Persists Despite Inflation Beat The Australian dollar fell 0.12% to […]
Read moreMay 27, 2025 3:09 pm
Key Moments: Tesla’s new car registrations in Europe declined 49% in April compared to the same month in 2024. Sales in China are also down by around 23%. The stock rose 5% to $356.33 on Tuesday. Markets React to Tariff Delay and Musk’s Renewed Focus Tesla’s share price moved higher on Tuesday, rising 5% to […]
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