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Commodities

Crude Oil and Gold Prices Surge Amid Escalating Middle East Tensions

Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand for safe-haven assets is likely…

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Stocks

AI Could Help the iPhone 16 Drive an Apple Renaissance

KEY TAKEWAYS Apple is positioned for a strong growth cycle driven by artificial intelligence, according to Wedbush analysts who increased their estimates for iPhone 16 shipments. The analysts lifted their…

ByPexeco 2 minRead time

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Can the ‘Magnificent Seven’ Stocks Recover?

KEY TAKEWAYS The "Magnificent Seven" on Friday notched their fifth consecutive week of losses, the group's longest losing streak since 2022. The group has been hammered in recent weeks by…

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Stocks

Siemens Reports 11% Profit Increase in Q3

The German tech giant reported a profit that was 11% higher than that recorded in the same period last year. Siemens announced on Thursday that it had made an industrial…

ByPexeco 2 minRead time

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Stocks

Boeing Faces Net Loss Amid Quality Control Issues

The company also saw a net loss both for the second quarter and the first half of the year, however, it reassured investors that it was making progress in quality…

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Commodities News

Crude Oil Prices Rebound as Demand Rises Amid Middle East Tensions

Crude oil prices saw a sharp rebound after hitting a six-month low on Wednesday. Rising demand and ongoing conflict in the Middle East are driving the price increase. The oil…

ByPexeco 6 minRead time

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Euro Strengthens Amid Global Market Turmoil: Safe Haven Status Reclaimed

The euro is likely to rise further as a safe destination due to the jittery sentiment amid the global market turmoil. The ECB's September rate decision remains a key factor…

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European markets and Wall Street mixed after Monday’s sell-off

European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green. European markets opened higher…

ByPexeco 9 minRead time

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