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Intel Won't Sell Majority of Mobileye for Now; Shares Surge 19%
On Thursday overnight, Mobileye Global's stock price surged nearly 19% to $13.79 at one point during trading, marking the largest single-day gain in nearly two years, before closing with a slight dip ...
Buffett Recoups Bank of America Investment, Earns $34B
"Stock God" Warren Buffett has once again reduced his stake in Bank of America this week!However, the billionaire has now fully recouped his investment costs, and the remaining shares worth over $34 b...
Rare Earth of Oil! China Discovers Billion-Ton Oil Field, Crude Prices Plunge
On September 11th, the international oil prices suddenly plummeted, as if dousing the market with a bucket of cold water.The Brent crude oil futures price fell to its lowest point in nearly three year...
Yen Falls! BoJ Gov: Inflation Risks Fading
After the Bank of Japan (BOJ) kept its interest rates unchanged today, the governor of the BOJ stated that the inflationary risks are diminishing, and "the Bank of Japan will continue to raise interes...
USD Rate Cut Sparks Surge in RMB Assets!
Interest rate cuts are on the horizon, as Goldman Sachs "elite troops" gather in Asia-Pacific, where will Chinese assets go?On September 19, 2024, at 2 a.m. Beijing time, the Federal Reserve announced...
Post-Rate Hike Surge: Temporary? GIC CIO Warns of Faster Inflation Return
The day after the Federal Reserve's significant interest rate cut, the latest unemployment data reinforced investors' confidence in an economic "soft landing," leading to a surge in U.S. stocks.The Do...