The global LTE and 5G broadcast market is projected to reach $1.74 billion by 2032, growing at a CAGR of 9.32% during 2023-2032, driven by increasing data usage, rapid technological advancements, proliferation of smart devices, expansion of IoT, and government and industry support.
Markets rallied strongly on Wednesday, driven by Nvidia's major announcement of new computing platforms and Federal Reserve Chair Jerome Powell's confirmation of potential interest rate cuts, resulting in the S&P 500 hitting another all-time high.
Financial markets are currently ignoring two significant concerns - a looming global crisis and a self-destructing US political system.
The global regenerated cellulose market is predicted to grow at a CAGR of over 9% from 2024 to 2036, driven by increasing demand for sustainable and eco-friendly products made from cellulose.
The Federal Reserve plans to cut interest rates this year, which could have significant effects on the housing market, though economists predict that prices will remain high due to limited inventory.
A new report by the Local Data Company and Green Street shows a significant increase in both closures and openings in the GB retail and leisure market in 2023, highlighting the resilience and adaptability of retailers and leisure operators in the face of economic challenges. Retail parks experienced growth, while shopping centers saw a decrease in units but an improvement in vacancy rates. Barbers, nail salons, beauty salons, and convenience stores were among the fastest-growing categories. The report also highlights the potential for repurposing and repositioning retail assets as well as the importance of flexibility and strategic planning in navigating upcoming challenges.
The pan-European Stoxx 600 reached a record high as investors kept a close watch on monetary policy decisions, while Germany's Flash Composite PMI hit a three-month high and France's Flash Composite PMI dropped to 47.7 in March.
California's jobs market is struggling due to factors like the lingering effects of the pandemic shutdown, higher labor costs, regulatory requirements, and employment rules, as well as the high cost of living, leading to a higher unemployment rate and slower job growth compared to the rest of the country.
The Pound Sterling strengthens ahead of the Bank of England's interest rate decision, supported by investors' higher risk appetite and the Federal Reserve's forecast of three rate cuts for the US Dollar.
The Nifty PSE index in the Indian stock market surged by 3 percent during the intraday session, with the four PSU stocks - IREDA, IFCI, MMTC, and NBCC - touching the upper circuit.
Eurocell's stock has declined 13% in the past three months, and although its return on equity (ROE) is average for the industry, its low earnings growth and poor use of profits are concerning for investors.
Despite concerns such as yield curve inversion, the market remains resilient due to strong economic data and a broadening global equity market, as highlighted by EM-Equity Strategist Adrian Mowat. The likelihood of three rate cuts is uncertain, but the biggest risk lies in the bond market, with an imminent selloff potentially affecting equity markets. However, for now, the trend seems to be equities moving higher, driven by positive economic data and company performance, particularly in China.
UAE's newly created space technology company, Space42, is set to have a market cap of Dh12 billion and become one of the most valuable publicly listed space companies in the world through a merger between Bayanat and Yahsat, with the merger expected to be finalized in the third quarter of 2024 and shareholders receiving new Bayanat shares.
Reddit, the online community platform, has priced its IPO at $34 per share and will begin trading on the New York Stock Exchange under the ticker symbol "RDDT," with the IPO expected to test the company's ability to overcome past losses and build a sustainable business. The interest in Reddit stems from its large audience of 76 million users who visit the platform to discuss a range of topics and get recommendations.
The Naira is trading at a discount on the street market as speculators dump hard currencies, turning the foreign exchange into a buyer’s market, potentially leading to the Naira regaining strength.
Residents and businesses in Western Australia's Goldfields region will have to wait two years for a reinforced power grid after experiencing blackouts, as the state-owned Western Power begins the procurement process to replace gas-fired generators.
The Indian stock market shifted into a consolidation phase with two out of three benchmark indices ending higher, while the Nifty 50 index gained 21 points and closed at 21,839 level, and the Bank Nifty index shed 73 points and finished at 46,310 mark. Vaishali Parekh, Vice President-Technical Research at Prabhudas Lilladher, recommends buying SBI, Colgate Palmolive, and Delhivery.
oneZero has won "Best Aggregator" and "Best FX Analytics Provider" in the FX Markets Asia 2024 Awards for the second consecutive year, recognizing their innovative solutions and commitment to serving the FX trading markets in the Asia-Pacific region.
The stock market is experiencing a sell-on-rise trend, with bears taking their chances and the mood souring for most sectors, including cement and tyre makers, while competition in the cooling companies industry is forcing prices to be cut; however, Cummins India and Eicher Motors are seeing positive prospects, while Tata Technologies and Garden Reach Shipbuilders face challenges and UltraTech Cements' acquisition has been approved.
Stocks rise after the Federal Reserve maintains its rate-cut outlook, with all three leading U.S. indexes closing at record highs.
Japan's exports increased for the third consecutive month in February, bolstered by improved demand from the US, China, and the European Union, offering hope for policymakers aiming to revive economic growth.
A total of 8 stocks have been banned for trade on the National Stock Exchange (NSE) under the futures and options (F&O) segment as they crossed 95% of the market-wide position limit, but they will still be available for trading in the cash market.
The US market for automatic industrial valves is expected to grow at a steady Compound Annual Growth Rate (CAGR) of 3.40% from 2024 to 2034, driven by increasing demand and the use of industrial valves in various sectors.
Dow Jones, S&P 500, and Nasdaq futures rose slightly as investors reacted positively to the Fed's rate-cut outlook, while Micron Technology saw a significant increase in its stock price following strong earnings.
Asia-Pacific markets climbed and Japan stocks closed at all-time highs as the Federal Reserve maintained its forecast for three rate cuts this year, while keeping current rates steady. Meanwhile, China's central bank deputy governor stated that there is "still room" to cut the banks' reserve requirement ratio, and gold prices hit a new record high as market watchers expect a continued rally. Additionally, Japan's private sector activity expanded at its fastest pace since May 2023, Australia's unemployment rate dropped more than expected, Japan's exports rose in February, and business confidence in Japan improved.
The Dow Jones, S&P 500, and Nasdaq Composite all reached record-breaking closes as the Federal Reserve projected interest rate cuts despite strong economic indicators.
Stocks rallied and the three major indexes reached record highs after the Federal Reserve decided to keep interest rates steady, while Chipotle announced a massive stock split and Kering SA warned about a decline in demand for its Gucci brand.
China is dominating the global electric vehicle (EV) market with its affordable EVs, and three Chinese EV companies—BYD, Nio, and Li Auto—are seen as leaders in the industry, each with unique advantages and strategies for success in the competitive market.
Reddit, a social media platform known for its active user base, will make its debut as a publicly traded company with a market value of $6.4 billion after its initial public offering priced shares at $34 each.
Stocks are expected to rally following the Federal Reserve's rate decision due to factors such as a "soft" S&P 500 going into the meeting, already priced-in bad news, favorable interest rates, and Jerome Powell's dovish stance.
Cleveland-Cliffs (CLF) ended the latest trading session at $21.20, a +1.15% increase from the previous day, outperforming the S&P 500, Dow, and Nasdaq indices, with analysts expecting strong earnings growth and revenue decline.
The global construction market is expected to continue growing in the coming years, driven by factors such as urbanization, population expansion, government support, and the rise of smart cities. The adoption of green construction techniques and innovative technologies, such as automation, is also playing a significant role in the industry.
President Joe Biden plans to build 2 million new homes in an effort to increase housing supply and improve affordability, utilizing programs like the Neighborhood Homes Tax Credit and the Low-Income Housing Tax Credit, as well as an innovation fund of $20 billion to target the building of more homes.
Occidental Petroleum (OXY) experienced a slight decrease in its stock price, while the S&P 500, Dow, and Nasdaq all saw gains; analysts are anticipating a significant decline in the company's earnings report, and it currently holds a Zacks Rank of #3 (Hold).
TSMC's stock price increased by 1.39% in the most recent trading session, outperforming the S&P 500, with investors anticipating the upcoming earnings release which is expected to show a slight decrease in EPS compared to the previous year.
Devon Energy's stock has climbed by 11.56% in the past month, exceeding the Oils-Energy sector's gain, and investors will be eagerly watching for the company's upcoming earnings disclosure which is expected to show a year-over-year decline in earnings and revenue.
Super Micro Computer (SMCI) closed at $896.47, down 1.59% from the previous day, but the stock has gained 15.67% over the past month and is predicted to post strong earnings growth.
Berkshire Hathaway B (BRK.B) stock gained 1.06% to reach $416.11, outperforming the S&P 500, while investors eagerly await the company's earnings disclosure and estimate a 7.59% drop in EPS compared to the previous year.
The global laser therapy market is experiencing substantial growth due to factors such as increased adoption in the treatment of medical conditions, a high demand for non-pharmacological treatment options, technological advancements, and ongoing research uncovering new applications.
Australia's south-eastern states are facing a potential gas supply shortfall within four years due to declining production from historic fields, according to a report from the Australian Energy Market Operator (AEMO), with peak-day shortfalls possibly occurring as early as next year during extreme winter weather. However, some analysts believe that the market operator may have overestimated the demand for gas, suggesting that more of the region's gas production should be directed to the local market instead of being exported.
Shares of Astera Labs are surging during its market debut, with an endorsement from Nvidia's Jensen Huang, making it the 4th largest listing in the US this year.
Stocks reached record highs and Treasury yields fell after the Federal Reserve announced no change in interest rates and reiterated its plan for three rate cuts this year, with the Nasdaq Composite jumping 1.3%, the Dow Jones Industrial Average climbing 1%, and the S&P 500 advancing 0.8%.
The US stock market is responding positively to the Federal Reserve's decision to pause interest rates, but challenges lie ahead for the Fed when it starts cutting rates in 2024 due to concerns over higher inflation, according to Vanguard Global Head of Portfolio Construction Roger Aliaga-Diaz.
Despite the challenges of an unaffordable housing market, Fannie Mae CEO Priscilla Almodovar believes that the American Dream of homeownership is still alive, although it may take longer to achieve and require improvements in credit and financial planning. She also emphasizes the importance of renting and the need to change the perception of renting as a viable option for stability and community roots.
The Federal Reserve has announced that interest rates will remain unchanged after the March FOMC meeting, but nine officials believe three interest rate cuts will still occur within the year, leaving investors curious about the impact of Fed policies on market rallies.
EUR/USD rose above 1.0900 after the Federal Reserve held interest rates steady, despite market expectations for additional easing in 2024, and projected higher rates by the end of 2026.
Bulls executive vice president of basketball operations Arturas Karnisovas hopes to bring back the current core of the team if they finish the season well, despite their struggles and injuries.
The stock market is expected to become more volatile leading up to the US election, with the outcome and control of Congress playing a crucial role in how markets will react, according to UBS.
The office market in New Orleans is facing a $400 million "time bomb" of debt as many of the city's iconic downtown buildings will need to refinance or pay off their loans by early 2026, posing challenges due to shrinking tenants and rising costs.
The global injection molding polyamide 6 market is projected to reach a valuation of US$ 8.7 billion in 2024, driven by the demand for high-performance composites, with the automotive sector being the main driver due to the prioritization of lightweight materials for fuel efficiency and emissions reduction.