By Ojasvi Gupta
The United Kingdom will invest €163.3 million (Rs 1,634 crore) in French satellite operator Eutelsat, strengthening Europe’s effort to compete with Elon Musk’s Starlink in the global satellite Internet race. This move is part of a larger €1.5 billion (Rs 15,008 crore) capital infusion into Eutelsat,
» Read more about: UK to invest €163.3 million in Eutelsat »
Investors with a lot of money to spend have taken a bearish stance on Trade Desk TTD. And retail traders should know. We noticed this today when the trades showed up on publicly available options …
» Read more about: 3TTD : What the Options Market Tells Us About Trade Desk »
The average rate on a 30-year U.S. mortgage edged up this week, ending a five-week decline in borrowing costs for homebuyers.
The long-term rate ticked up to 6.72% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.89%.
Borrowing costs on 15-year fixed-rate mortgages,
» Read more about: Average long-term US mortgage rate rises to 6.72%, ending a five-week slide »
Technology is showing mixed signals, down 0.22% despite the Nasdaq’s earlier record. The sector’s slight pullback follows recent AI-driven rallies, with traders selectively booking profits while maintaining longer-term optimism on AI’s market impact.
Nike is leading Dow gainers, surging 2.5% on strong brand momentum and international demand.
» Read more about: Dow Jones: US Stocks Forecast Stays Firm Despite Fresh Tariff Headwinds »
Don’t bet against the continued strength of Big Tech.
Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, expects to see AI drive earnings growth and boost the S&P 500 to new all-time highs by the end of the year.
Bartels, whose accurate bullish forecast earned her a spot in Business Insider’s Oracles of Wall Street last year,
As JPMorgan Chase &
» Read more about: How To Earn $500 A Month From JPMorgan Stock Ahead Of Q2 Earnings »
The vast majority of independent workers prefer alternative work arrangements to traditional employment, and 80% of these workers would like access to workplace benefits, according to a HELP statement. Yet decades-old federal labor and employment laws, including the Fair Labor Standards Act of 1938 and the National Labor Relations Act of 1935,
» Read more about: Senator introduces bill aimed at boosting retirement benefits for gig workers »
Coffee prices are on the rise after President Donald Trump announced a sweeping 50% tariff on imports from Brazil, the world’s largest coffee producer, sending a shock through global commodities markets and setting off fresh volatility in futures trading.
Arabica coffee futures on the Intercontinental Exchange rose to $288.67 per pound,
» Read more about: Coffee prices rise again after Trump slaps Brazil with 50% tariffs »
