Scotch whisky levy lifted as Trump imposes new wave of US tariffs
The Scottish government has welcomed the lifting of tariffs on Scotch whisky exports to the United States.
The move comes as President Donald Trump hit hundreds of international trading partners with a new wave of levies.
The deal will also see US bourbon and casks arriving in the UK tariff-free.
» Read more about: Scotch whisky levy lifted as Trump imposes new wave of US tariffs »
Read MoreWill the Federal Reserve raise interest rates? Here is what experts predict for July's meeting.
The Federal Reserve is expected to leave interest rates unchanged at its July meeting next week, but rising oil prices have prompted investors to sharply increase their bets that a fresh rate hike could come later this year.
At the start of the year, many economists expected at least one rate cut in 2026.
Read MoreEPF vs mutual funds: Why EPFO says your provident fund should remain foundation of retirement planning
The Employees’ Provident Fund Organisation (EPFO) recently posted on X advising salaried employees against withdrawing their provident fund (PF) savings to invest in mutual funds. The pension fund organization stressed that the two products serve different financial objectives and should not be considered as alternatives. They added a tag line: “SAMAJHDAR KO EPF KAAFI HAI”
To elaborate,
SBI Funds Management vs HDFC AMC: Which AMC Stock is Better
If you have a systematic investment plan running anywhere in India, there’s a decent chance one of these two names is already managing your money without you thinking about it much.
SBI Mutual Fund and HDFC Mutual Fund, between them, they run investments for tens of millions of Indians,
» Read more about: SBI Funds Management vs HDFC AMC: Which AMC Stock is Better »
Read MoreGary Black Warns Tesla Stock Could Break Below $300, SpaceX Below $100 As AI Valuations Come Under Pressure
Well-known Tesla Inc(NASDAQ:TSLA) commentator Gary Black said Tuesday he expects the electric vehicle company’s shares to fall below $300 and Space Exploration Technologies Corp(NASDAQ:SPCX) to break below $100, citing what he called excessive valuations as AI-related stocks continue to lose momentum.
Read MoreThe Burst
1 Weird Seasonal Trend Starting Now
Some things can’t easily be explained in the stock market and seasonal trends rank right up there among the conundrums that puzzle even the smartest investors.
Take for example the case of frozen potato processor Lamb Weston that has a weird seasonal trend starting now. It’s a bit difficult to understand precisely why such a powerful force starts at this time of year for the firm,
» Read more about: 1 Weird Seasonal Trend Starting Now »
Read MoreThe Ivy
AI Powerhouse Sees 853% Increase From Connecticut Billionaire
Nvidia (NASDAQ: NVDA) has rapidly cemented its place as one of the most sought-after stocks after seizing the role of toll road through which all big tech must travel to enter the artificial intelligence ecosystem.
Recently, Nvidia drew interest from billionaire investor Paul Tudor Jones, who raised his position by a staggering 853% to 273,294 shares,
» Read more about: AI Powerhouse Sees 853% Increase From Connecticut Billionaire »
Read MoreThe Spotlight
1 Underrated Tech Stock to Beat the Market
The CPaaS, or communication platform as a service, market is seeing tremendous growth. According to Juniper Research, the CPaaS industry could hit the $10 billion revenue mark globally by the end of 2022. And if businesses continue adopting APIs for business-to-customer and customer-to-business interactions, it could reach $35 billion by 2026. One underrated company serving this industry has the potential to beat the market: Twilio (NYSE:TWLO).
» Read more about: 1 Underrated Tech Stock to Beat the Market »