US stock markets will open on Tuesday after a long weekend, while European equity indexes closed mixed, and the Federal Reserve will release the minutes of the January policy meeting on Wednesday.
The global fintech market is projected to reach $397.24 billion by 2029, with North America leading in market share; notable companies in the industry include Visa, Mastercard, and Intuit, while the top five most valuable fintech companies in the US are Robinhood, Toast, Bolt, Ally Financial, and Ripple Labs.
The global Pyrogen Testing Market is expected to reach US$ 2.60 billion by 2031, growing at a CAGR of 9.5%, driven by the increasing demand for safe pharmaceutical products, stringent regulatory requirements, and advancements in testing technologies.
Investors like Mike Burry are betting on China's domestic giants JD.com and Alibaba, while Warren Buffett is focusing on Japanese stocks, despite challenges faced by both countries; however, caution is advised when considering investments in these markets.
HSBC Saudi Arabia CEO, Faris Al-Ghannam, states that innovation is a priority for the bank as it aims to enhance its offerings and explore different areas in the Saudi market, including debt capital market and IPO market, while taking technology to the next level. HSBC also emphasizes its commitment to fostering sustainable finance and ESG integration within the Saudi market.
The stock market's future direction hinges on five central macro themes: inflation and jobs, consumer spending, economic growth, the Federal Reserve, and corporate earnings.
The wearable healthcare devices market is expected to reach $69.2 billion by 2028, growing at a CAGR of 11.2%, driven by the expanding geriatric population, increasing incidence of chronic diseases, and accessibility of advanced medical devices.
The US Dollar trades flat as US traders enjoy a long weekend and the market digests geopolitical headlines, including tension in Gaza and the Middle East, while awaiting economic data later in the week.
The global market for 3D cell culture technologies, which are used for studying cell biology, disease mechanisms, drug discovery, and regenerative medicine, is comprehensively analyzed in a new report.
Stocks almost fully recovered after a higher-than-expected inflation report caused a market drop, with the S&P 500 reaching a record-high close; upcoming key focus will be on the earnings report from Nvidia, as well as reports from Walmart, Home Depot, Moderna, and Warner Bros. Discovery.
The personal luxury market experienced explosive growth from 2019 to 2022, but in 2023, revenues only increased by about 4% due to a softening market and troubling signs in major luxury markets like China and the U.S., leading to predictions of low-to-mid-single-digit growth in 2024 and potential contraction.
The UK's Pension Risk Transfer (PRT) market had a record-breaking year in 2023, securing approximately £50 billion in pension liabilities, while the US market reached an estimated $45 billion, according to Legal & General's PRT Monitor. The increase in activity is attributed to improved pension scheme funding levels and a growing demand for risk mitigation strategies.
The global Acromegaly Market is projected to reach US$ 3.04 billion by 2031, growing at a CAGR of 7.7%, driven by advancements in diagnostic technologies, innovations in treatment modalities, and a focus on patient-centric care.
The global airport ground and cargo handling market is projected to reach a value of USD 68.67 billion by 2030, with a CAGR of 10.32% during the forecast period, driven by factors such as flight delay avoidance, bag safety, and security, and reducing ground time to maintain efficiency.
The global identity analytics market is growing due to the widespread adoption of cloud computing and digital transformation initiatives, with solutions segment rising significantly and North America asserting dominance in the market.
The global enterprise WLAN market is projected to reach a value of USD 102.96 billion by 2031, driven by rapid digitization, increasing demand for IoT devices, and the popularity of telecommunications and broadband services.
The global nuclear power plant control system market is projected to reach a value of USD 986.14 million by 2032, with a robust CAGR of 5.5% from 2024 to 2032, driven by growing electricity demands and escalating energy needs.
French government's revised economic growth predictions for 2024 have led to a negative market sentiment, with European shares, particularly French stocks, being affected.
Bernstein predicts a high chance of ether (ETH) receiving approval for a spot ETF by May and near-certain approval within the next 12 months, as ether outpaces bitcoin in its recent rally and gains over 16% in a week.
The global caravans market is expected to grow from USD 50 billion to USD 107.94 billion in 10 years, driven by the integration of technology in caravans and the increasing popularity of outdoor and adventure tourism.
Chinese EV maker Human Horizons has announced a six-month suspension of its luxury HiPhi brand and has reportedly been unable to pay its employees due to intense market competition and a slowdown in the Chinese EV market.
China's BYD plans to take a leading position in the luxury EV market and boost sales and profits by offering new premium priced EVs and plug-in hybrids, despite its sagging stock price.
The global automotive sunroof market is projected to experience significant growth, with a Compound Annual Growth Rate (CAGR) of 8.10% from 2022 to 2028, driven by factors such as rising consumer income levels and increased demand for enhanced vehicle aesthetics and functionality, as well as advancements in sunroof designs and the integration of sunroofs in electric vehicles.
The Talenbrium ICT Industry Global Hiring Trends report highlights the increasing demand for AI developers, ML engineers, and cybersecurity professionals, as well as the concentration of global talent in key cities like San Francisco, New York, and London, while also emphasizing the importance of remote work, diversity and inclusion, and reskilling strategies in the IT industry.
Harvia Plc will hold a Capital Markets Day on May 29, 2024, where they will provide updates on their strategy and financial targets, with the event being available via live webcast.
The US Environmental Protection Agency (EPA) will allow farmers to use existing stocks of dicamba weedkillers during the 2024 growing season, despite a recent court ruling that banned the controversial products from being sprayed over crops. The decision has been welcomed by major dicamba producers like Bayer, although the herbicides have caused widespread crop damage and lawsuits in previous years due to off-target drifting.
The analytics as a service market is growing rapidly, with a projected CAGR of 26.4% by 2032, as businesses seek deeper insights from their data to make informed, data-driven decisions for business growth.
The global architectural metal coating market is projected to reach a value of US$ 9.4 billion by 2034, driven by increasing construction activities and rising demand for aesthetically appealing, durable, and corrosion-resistant metal finishes in architectural applications.
This week, OPEC and the International Energy Agency will meet to discuss contrasting oil supply views, while the EGYPES energy forum will focus on gas supply in Europe; VLCC rates may be impacted by the Saudi cargo list, UK generators bid for capacity contracts, and demand for nitrate fertilizers remains weak in Europe.
Home asking prices in the UK have increased for the first time in six months, indicating a return of confidence in the property market, with the average price rising by 0.1% compared to the same month last year, according to Rightmove.
Shares of ICICI Bank Ltd. rose 2.03% to 1,043.55 Indian rupees, outperforming its competitors, as the stock market had a positive trading session with the S&P BSE Sensex Index rising 0.39%.
Hong Kong's luxury homes market is starting to stabilize, with bottom fishing emerging as buyers are enticed by deep price discounts following a decline in property prices of around 8% in 2023; however, the market remains uncertain due to high interest rates and macroeconomic instability.
Investors have the opportunity to buy and hold cheap stocks with high dividend yields that are expected to rebound, according to BMO Capital Markets.
Goldman Sachs has raised its year-end S&P 500 target to 5,200, but it depends on Big Tech's ability to maintain strong profits, as the bank expects stronger economic growth and higher profits for the Information Technology and Communication Services sectors.
Arista Networks, a leading provider of networking equipment, reported strong earnings for the fourth quarter of 2023, with revenue growth and improved gross margins, positioning the company as a potential beneficiary of the growing AI infrastructure market, despite concerns over customer concentration and potential competition in the industry.
Asian shares trade mixed as Chinese markets reopen after Lunar New Year break and expectations of higher interest rates dampen investor optimism.
The Mexico data center market is experiencing strong growth and transformation, driven by technological advancements and increasing demand for cloud services, with significant growth in IT load capacity, raised floor space, and installed racks anticipated in the coming years.
The Thailand Data Center Market is projected to experience a compound annual growth rate (CAGR) of 12.53% by 2029, driven by an increase in IT load capacity, raised floor space, and the number of installed racks, with Bangkok emerging as a key hub for data center operations in the country.
U.S. stock markets will be closed on Monday for Presidents' Day, but investors are anticipating quarterly earnings reports from Nvidia and Walmart, as well as the release of the Federal Reserve's meeting minutes. Meanwhile, Chinese markets reopened higher after the Lunar New Year holiday, EU regulators are preparing to fine Apple for breaching antitrust laws, and oil prices slipped due to concerns over a potential demand slowdown.
The global hydroxytyrosol market is projected to grow at a CAGR of 6.6% through 2034, reaching a value of $1,425.5 million. The market is being driven by factors such as the growing preference for natural ingredients and the increasing demand for functional foods.
The global Oral Thin Films Market is projected to reach US$ 5.41 billion by 2031, growing at a CAGR of 8.5% during the forecast period, driven by increasing demand for convenient drug delivery solutions and advancements in pharmaceutical technology.
European stocks paused after last week's surge, US markets were closed for Presidents' Day, and investors await fresh catalysts, while AstraZeneca climbed following positive trial data for its lung cancer drug.
The commercial real estate market is facing a new risk as evolving European requirements increase the possibility of stranded assets, leading to devalued property portfolios due to climate regulations and energy efficiency requirements.
Major currency pairs are trading near the previous week's closing levels, with no high-impact data releases expected and US markets closed for Presidents' Day; the US Dollar index edges lower but remains comfortably above 104.00 and the benchmark 10-year US Treasury bond yield rose to its highest since November.
Former chief economist of the Bank of England, Andy Haldane, warns that failure to cut interest rates soon could deepen the UK's recession.
US markets are closed on President's Day but will reopen on Tuesday, with significant market news expected mid-week, including the 20-year Treasury Auction, The Fed minutes, and Nvidia's earnings report; there are concerns about reduced gamma levels and potential volatility in the market, and the S&P 500 and Nasdaq 100 may be at risk of a diamond reversal top, while Nvidia's stock has seen significant gains and could face a potential decline.
Tata Group's market capitalization has surpassed the entire economy of Pakistan, with several companies in the conglomerate experiencing significant growth in the last year, resulting in a market capitalization of $365 billion, compared to Pakistan's GDP of approximately $341 billion, while eight Tata companies have more than doubled their wealth in the same period.
Contrary to expectations, IPO activity in 2023 remained subdued, leading experts to predict a resurgence in new stock offerings for 2024, although challenges such as the upcoming presidential election, underperforming IPOs, and elevated interest rates may continue to hinder the IPO market in the near future.
India's Nifty and Sensex open with small gains, driven by global optimism, strong domestic fundamentals, and positive economic data, while traders await the Fed Minutes from the US and a light economic calendar for India.
Chinese markets resume trade after the Lunar New Year holiday, with signs of increased domestic travel, while the mining sector on the ASX struggles to hold on to gains due to a broad-based sell-off.