Trade Financial News

chipmaker's hotly anticipated quarterly report beat estimates and sparked gains in other AI hardware stocks. Nvidia's stock jumped almost 8% after its quarterly outlook exceeded analysts' estimates, along with its January-quarter revenue and profits.

Investing.com-- Japan’s Nikkei 225 index opened above its record closing high on Thursday, and remained within sight of new intraday peaks as hype over artificial intelligence drove strong gains in the technology sector. 

Investing.com-- S&P 500 and Nasdaq futures rose in evening deals on Wednesday, with the latter leading gains as optimism over a strong outlook from AI darling Nvidia drove investors into technology stocks.

TOKYO (Reuters) — Japan's Nikkei share average on Thursday surged past an all-time closing high scaled in December 1989, as chip-related stocks jumped after U.S. chipmaker Nvidia (NASDAQ:NVDA)'s outlook beat market expectations.

By Rae Wee

European Union, both have the political will to conclude the Free Trade Agreement (FTA) and while no timeline can be put on the conclusion of the deal negotiations are progressing well, European External Action Service Secretary General Stefano Sannino told ET on Wednesday. “As we speak, the seventh round of negotiations is ongoing in New Delhi. It is an ambitious agreement and there are various elements to the FTA. While no timeline can be put as to when the FTA can be announced, I can say that there is a political will to conclude it,” Sannino said in an exclusive chat on the sidelines of the Raisina Dialogue – India’s premier foreign policy dialogue organised by the MEA and Observer Research Foundation (ORF). Along with FTA talks, India-EU will also discuss an investment protection agreement (IPA) and a pact on geographical indications (GIs).

South Korean crypto scammers are targeting chat app users on trading- and investment-themed channels, police warned on February 21.

(Reuters) — Royal Caribbean (NYSE:RCL) Group on Wednesday raised its annual profit forecast as the company benefits from strong cruise demand during the key 'wave season' and robust on-board spending.

By Jaspreet Singh and Stephen Nellis

Amazon

Prosecutors say an executive at a medical device company has been convicted in Minnesota of insider trading for a scheme involving negotiations for the acquisition of the firm that was valued at $1.6 billion

Stocks ended mostly higher on Wall Street after a listless day of trading

Japan has reported its exports surged nearly 12% in January, helped by robust demand for vehicles, auto parts and machinery

Stocks that traded heavily or had substantial price changes on Wednesday: Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise

Stocks ended mostly higher on Wall Street after a listless day of trading

Ford Motor Co. and the United Auto Workers union have reached a tentative agreement on a local contract at the company’s most profitable factory, averting the threat of a strike

Investing.com — Rivian reported Wednesday annual production guidance that fell short of Wall Street estimates at a time when demand for electric vehicles continues to wane.   

Wednesday, February 21st, 2024 – The latest addition to the Solana meme coin frenzy, Smog Token is going from strength to strength as thousands join its airdrop and its cross-platform social community surpasses 55,000. The 14-day-old coin sits on a price gain since launch of more than 4,000%.

With major cryptocurrencies succumbing to profit-taking in the wake of strong gains in recent weeks, investors hunting for the best crypto to buy today are scouring altcoin markets for asymmetric investment opportunities.

India has opposed the European Union's bid to push new issues such as carbon taxes, industrial subsidies, women and climate at the upcoming ministerial meeting of the World Trade Organization (WTO) in the garb of "deliberative functions" or «conversation with ministers» that seek to reform the body. Officials said the EU wants an open-ended work programme for such issues while developing countries are against them being discussed among ministers as they don't have a negotiating mandate from the global trade body. Deliberation sessions have been planned for the first time at the 13th ministerial conference of the WTO for ministers to discuss various issues.

India is poised to overtake China as the largest member of the World Trade Centers Association (WTCA) in the next five years, its chairman said, underscoring a hitherto circumspect New Delhi's rapid global strides that neatly dovetail into a China-plus-one corporate sourcing strategy aimed at derisking supply chains across the planet. «I would say, particularly in the past 10 years, India's presence on the global stage has become increasingly pronounced,» said John E. Drew, Chairman of the WTCA, an international trade platform that connects more than 300 WTCs in nearly 100 countries. «While India's growth trajectory has been ongoing, its recognition and active participation in major economic discussions alongside China, the US, Russia, and the EU signify its emergence as a significant player in the global economy,» he said. Currently, India has about 40 WTC licensees covering more than 30 cities. According to the real estate developer, a large number of Indian entrepreneurs establishing successful companies in the US, particularly in tech hubs like California and Massachusetts, further strengthened India's influence in global business. «I expect this trend to continue, paralleling the trajectory seen with Chinese entrepreneurship,» he said.