The Kenya data center market is experiencing growth due to various factors such as the development of data centers in Nairobi, the presence of global vendors in support infrastructure and IT infrastructure, and increased demand for colocation services.
China's markets regulator has issued draft guidelines to improve the quality of companies listed on domestic markets and vowed to crack down on illegal activities, amidst the country's slowing economy and declining market value.
Volatility is expected to persist in the Indian stock market, with small and midcap stocks facing pressure, as mutual fund houses release liquidity stress test results.
U.S. stock futures trade subdued as investors await the Federal Reserve policy-setting meeting, Adobe's stock slumps on weak guidance, Bitcoin retreats after hitting a record high, Putin is set for a landslide victory in Russia's election, and oil prices are on track for strong weekly gains.
The global market for premium skincare products is projected to reach a value of US$78.7 billion by 2030, driven by consumer demand for luxury and quality in personal care, with the US and China leading the way in growth.
Copper prices surge as supply cuts cause concerns, while iron ore prices sink due to mounting demand headwinds in the market.
The Biden administration's pause on new licenses for liquefied natural gas exporters is causing delays in projects and discouraging long-term contracts with US producers.
Stocks closed lower today after a higher-than-expected report caused rates to increase and widened credit spreads.
Goldman Sachs suggests that Chinese domestic consumption stocks are a safer option than hardware and semiconductor makers in the event of escalating tensions between Beijing and Washington during the US presidential election, with companies such as Meituan, China Merchants Bank, Haidilao International Holdings, and Kuaishou Technology among those likely to outperform. On the other hand, companies like Hua Hong Semiconductor, Wuxi AppTec, and Li Auto may underperform if relations between the two countries deteriorate further.
Wall Street sees small gains as markets try to end the week on a positive note, despite mixed economic data and concerns over inflation, with hopes for interest rate cuts remaining.
With Opening Day approaching, pitcher Michael Lorenzen has been seeking a two-year contract but has declined offers in the $5-7MM range, potentially due to his strong platform season and desire to move past his previous salary tier.
Shares of Apple supplier Foxconn saw a significant rise as it reported a fourth-quarter profit that surpassed expectations and predicted a strong outlook for this year due to high demand for AI servers.
The S&P 500 slipped for a second consecutive week as rising Treasury yields and concerns over inflation put pressure on tech stocks, while investors await the Federal Reserve's outlook on interest rates; however, crypto stocks saw a U-turn as Bitcoin rebounded.
The global natural antioxidant market is projected to reach a valuation of US$ 2.3 billion in 2024 and is expected to expand at a CAGR of 5.1% between 2024 and 2034, with increasing preference for personalized nutrition and rising health consciousness among consumers being the key drivers of growth.
The global atopic dermatitis market is expected to reach a size of USD 18.6 billion by 2032, driven by the rising prevalence of the skin condition and the development of new treatments.
The global light gauge steel framing market is projected to grow at a CAGR of 5.5% by 2032, driven by the increasing demand for construction materials, particularly in urban areas, and the advantages offered by light gauge steel frames such as lighter weight, enhanced stability, and shorter construction timelines. The wall bearing segment is expected to dominate the market, and the Asia Pacific region is witnessing significant growth in construction activities. Some key players in the market include Genesis Manazil Steel Framing, Hadley Group, and Tata BlueScope Steel.
Elon Musk abruptly terminated his partnership with Don Lemon after filming an interview for Lemon's new talk show on Musk's social platform X, adding to the string of setbacks for Musk and Tesla, which has seen a decline in stock price and market cap loss of over $100 billion since March 1.
Marathon Oil's stock closed at $26.26, showing a 1.39% increase, and has seen a 15.68% rise in the past month, beating the Oils-Energy sector and S&P 500 gains, while market participants eagerly await the company's financial results, including an anticipated 17.91% decrease in EPS compared to the previous year's quarter.
Omron, a Japanese factory automation supplier, is cutting jobs due to its struggling business in China, which has been hit hard by the economic slowdown.
Bristol Myers Squibb (BMY) closed slightly lower in the latest trading session, but despite this, the company's earnings performance is being closely watched, with analysts predicting a decline in earnings and a slight increase in revenue.
The virtual reality industry is projected to reach a valuation of $67.66 billion this year and $204.35 billion by 2029, making virtual reality stocks a promising investment opportunity. Meta Platforms (META), Microsoft (MSFT), and Unity Software (U) are among the top virtual reality stocks to consider.
Apple closed at $173, up 1.09% from the previous day, while the S&P 500 experienced a 0.29% loss; Apple's upcoming earnings release and current valuation metrics are of interest to investors.
Shopify's stock closed at $78.42, experiencing a slight decline compared to the previous day, while the S&P 500 and Dow also saw losses, and analysts are closely watching the upcoming earnings disclosure with high expectations for a significant rise in EPS and revenue.
Dow Jones futures and other major indexes declined as hot inflation data pushed Treasury yields higher; Adobe reported earnings while Microsoft, Apple, Google, and Amazon.com saw modest losses; small caps were hit hard in the market.
Retail sales and earnings reports from companies like Adobe and Ulta Beauty suggest that high prices are dampening consumer appetite and may lead to a cooling of the bull market.
The rise in Treasury yields is driven by expectations of interest rate cuts by the Federal Reserve in response to higher-than-expected inflation, while market jitters persist regarding the Fed's monetary policy and the timing of rate cuts. Additionally, there is debate among economists and strategists about the likelihood and timing of rate cuts, adding to market uncertainty. The underperformance of certain stocks, such as Tesla and NVIDIA, is also influenced by these market dynamics. On a positive note, oil prices have risen due to supply concerns and geopolitical risks, benefiting the energy sector.
US stock market indices closed lower on Thursday, with the Russell 2000 small-cap index also falling; Yahoo Finance provides a detailed explanation of the market activity and sector action throughout the day.
The Smart Shelves market is projected to grow from USD 3.5 billion in 2023 to USD 30 billion by 2033, driven by the increasing use of IoT and RFID technologies in the retail industry and retailers' demand for building rapport with customers.
GBP/JPY remained near 189.00 as investors awaited rate moves from the Bank of Japan and mid-tier UK consumer inflation expectations for the year.
Drift Protocol is introducing a "pre-launch market" on the Solana blockchain, allowing traders to bet on the prices of tokens before they officially start trading, although there are risks involved due to the limited price references and the potential for manipulation.
U.S. retail sales rise less than expected, producer prices increase more than expected, stocks turn lower, jobless claims remain low, IEA raises oil-demand growth view but cuts supply forecast, Biden jump-starts electric-vehicle push, hot biotech IPOs tend to be winners, Biden opposes takeover of U.S. Steel, gold trades at record highs, and Japan sees robust wage gains.
Stocks, futures, and forex market data provided by Barchart Solutions with a slight delay, while fundamental data is provided by Zacks and Morningstar; Barchart is devoted to making their services accessible to individuals with disabilities.
The "lock-in" effect of high mortgage rates is easing as more sellers enter the housing market and new listings of existing homes are on the rise, suggesting that some households are no longer waiting for rates to drop before selling.
Global wealth is rebounding after a pandemic-induced decline, with billionaires recovering from a net loss of $1.4 trillion in 2022 and the global luxury market projected to reach $1.6 trillion in 2023. The number of billionaires has risen by 7% in the past year, and the fortunes of the wealthy have been boosted by the performance of tech stocks and the growing popularity of private and concierge services. Inherited wealth is becoming a significant factor in wealth accumulation, and the affluent are thinking in different ways about philanthropy, investing, and business. The future of the Gilded Age is expected to be dynamic and marked by increasing change in the face of emerging technologies like artificial intelligence.
The video playing is in picture-in-picture while various Fox Business and Fox News programs are scheduled to air throughout the day, including Making Money with Charles Payne, The Claman Countdown, The Evening Edit with Elizabeth Macdonald, America Reports, The Story, Your World with Neil Cavuto, and The Five. Additionally, Vice President Harris will be speaking to supporters after touring a Planned Parenthood clinic.
The market is currently undervaluing AI stocks that have the potential to benefit from the growth of artificial intelligence, and three undervalued AI stocks to consider are iCAD, Iron Mountain, and Broadcom.
Stock market fluctuations have a profound impact on businesses, affecting their ability to raise capital, consumer confidence and spending, lending rates, and mergers and acquisitions, making it crucial for executives and entrepreneurs to understand and navigate these fluctuations for long-term success.
Market veteran Ed Yardeni predicts a 26% rise in the S&P 500 through 2026, believing that the current bull market will continue due to improving market breadth and a lack of economic recession.
Soundhound AI's stock has experienced a significant rise of 272% in 2024 amid the AI rally, leading some analysts to express concerns of a potential sharp turnaround.
The IPO market in 2024 is sluggish, with few completed or forthcoming major IPOs, leading investors to turn to secondary markets for liquidity instead.
Wall Street analysts are expressing skepticism about Tesla's growth potential and predicting lackluster sales volume for the company, leading to a downgrade in the stock rating; however, some analysts still have faith in Tesla's ability to bounce back.
The world's biggest bond market experienced a sell-off as another hot inflation report suggests that the Federal Reserve will not rush to cut interest rates despite signs of sluggishness in some areas of the economy.
Bitcoin's recent rally has been affected by economic data indicating higher inflation, interest rates, and a rising dollar, causing traders to sell off the cryptocurrency.
Nearly 45% of homes in the US, valued at $22 trillion, are at risk from severe or extreme climate factors, including flood, wind, wildfire, heat, and air quality, which could impact home values, insurance costs, and the stability of the housing market, according to a report from Realtor.com.
Despite the prevailing bearish sentiment among retail traders on GBP/USD and GBP/JPY, contrarian sentiment indicators suggest that both pairs may have further upside, while the majority of retail traders show a bullish bias on EUR/GBP.
Stock market indexes gave up their premarket gains as wholesale prices rose more than expected, while technology, communications services, and energy sectors rallied and small caps on the Russell 2000 fell; Apple, Microsoft, and Visa rose on the Dow Jones, while Nvidia and Super Micro Computer received price upgrades, and Robinhood saw a surge in assets under custody, but Tesla shares continued to decline.
ProPicks offers AI-powered market-beating strategies for less than $9 a month, providing subscribers with a portfolio poised for the next big market opportunity.
The global organ-on-chip market is projected to reach USD 631,073 thousand by 2029, growing at a CAGR of 38.6%, driven by factors such as the development of alternative methods for animal model-based drug testing and increasing funding from government and private institutions.
The global HVAC control system market is expected to reach a valuation of $52.6 billion by 2034, driven by the demand for comfort optimization, environmental concern, and technological innovation in modern building infrastructure.
Workers often underestimate the salaries at other firms, leading to lower wages and a lack of competitive pressure for low-paying firms to increase wages, according to a study from MIT.