May 28, 2025 6:34 am
Key Moments: The S&P/NZX 50 Index declined 1.75%, closing at 12,362.26 on Wednesday. The Reserve Bank of New Zealand cut its official cash rate to 3.25%. Infratil Limited was at the bottom of the index as it dropped by 5.94%. Rate Cut Weighs on New Zealand Equities Equity markets in New Zealand finished lower on […]
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 […]
Read moreMay 27, 2025 1:56 pm
Key Moments: Evercore ISI raised Vertiv’s price target to $150. Full-year organic sales growth guidance recently was raised to 18% following stronger-than-expected quarterly revenue. Vertiv’s shares opened with a 3% gain on Tuesday. Vertiv Sees Upgraded Outlook Amid AI-Driven Demand Evercore ISI has raised its price target on Vertiv Holdings, lifting the projection by $50 […]
Read moreMay 27, 2025 12:54 pm
Key Moments: Harmony Gold is planning to acquire MAC Copper for $12.25 per share. MAC Copper shares jumped 17.34% to $11.91 in pre-market trading. Harmony Gold’s stock cratered, falling 10.42% to $14.19. Harmony Gold Shares Slide After $1.03B MAC Copper Deal Announcement South Africa’s Harmony Gold Mining has moved forward with its plans to acquire […]
Read moreMay 27, 2025 9:22 am
Key Moments: Tuesday witnessed the STOXX 600 advance 0.41% to 552.78 on optimism surrounding US-EU trade relations. German equities rose 0.47%, while French stocks edged 0.12% higher. German consumer sentiment is projected to climb again in June and reach -19.9 points. Optimism Over Trade Relations Lifts European Shares European equity markets ticked upward on Tuesday […]
Read moreMay 27, 2025 8:37 am
Key Moments: US stock futures jumped on Tuesday, with Dow Jones e-mini contracts rising by over 500 basis points. S&P 500 and Nasdaq 100 futures surged 1.48% and 1.68%, respectively. President Trump postponed his proposed 50% EU tariff to July 9th. Tariff Reprieve Boosts Market Sentiment US stock futures posted notable gains on Tuesday after […]
Read moreMay 23, 2025 1:28 pm
Key Moments: Apple shares fell 3.7% during pre-market trading following President Donald Trump’s latest tariff threats. The company could face a 25% tariff on iPhones not produced in the United States. Analyst Dan Ives referred to Trump’s plan as a “fairy tale” and expects a full transition to domestic manufacturing to take five to ten […]
Read moreMay 23, 2025 12:41 pm
Key Moments: Donald Trump announced a proposed 50% tariff on EU goods. If implemented, the duties will come into effect at the start of June. European markets reacted swiftly, with the STOXX 600 plunging 2.2% to 538.20. Germany’s DAX fell by around 2%, while French stocks plummeted by 3%. UK markets were also under pressure, […]
Read moreMay 23, 2025 11:59 am
Key Moments: Nuclear-related stocks rose sharply following reports of imminent executive orders from President Trump targeting the industry. Proposals include streamlining new reactor approvals and usage of the Defense Production Act to address foreign uranium dependence. Centrus Energy’s shares skyrocketed by over 19% during Friday’s pre-market trading session. White House Moves to Jumpstart Nuclear Industry […]
Read moreMay 23, 2025 7:27 am
Key Moments: Dow and S&P 500 futures fell 0.1% and 0.14%, respectively, before rebounding slightly near flat levels. E-mini contracts in the Nasdaq 100 fell 0.24% Investor concern surrounding last week’s US credit downgrade by Moody’s persisted. PMI Data Suggests Growth but Futures Dip on Buildup of Economic Doubts US equity futures declined as the […]
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