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Nvidia has the best product, but its real edge is having the best customers

Nvidia has the best product, but its real edge is having the best customers

Nvidia’s real advantage isn’t just superior AI chips—it’s its unmatched customer base. Tech giants like Amazon, Meta, and Microsoft are pouring billions into Nvidia hardware, making its $5 trillion market cap goal increasingly plausible.

Adam

Israeli Strike Hits Near Gaza Medical Centre As Truce Talks Continue

Israeli Strike Hits Near Gaza Medical Centre As Truce Talks Continue

An Israeli strike hit Palestinians near a medical centre in Gaza on Thursday, killing 16 including children and wounding more people, local health authorities said, as ceasefire talks dragged on with no result expected soon.

Glendon

US bank profits to climb on stronger trading, investment banking

US bank profits to climb on stronger trading, investment banking

U.S. bank profits are expected to rise in Q2, boosted by strong trading, a rebound in investment banking, resilient credit quality, and improving loan demand amid easing regulations and cautious optimism.

Adam

Spain Overtakes Japan in GDP per Capita – What Is Behind the Numbers?

Spain Overtakes Japan in GDP per Capita – What Is Behind the Numbers?

Spain has overtaken Japan in GDP per capita, largely due to the yen’s sharp depreciation and Spain’s strong service-led growth.

Warren Takunda

Xi Signals China May Finally Move to End Deflationary Price Wars

Xi Signals China May Finally Move to End Deflationary Price Wars

After years of mounting concern over deflation and the bruising price wars that have plagued much of China’s economy, President Xi Jinping’s government is showing signs of finally taking action.

Michelle

German CPI confirmed at 2.0%, euro drifting, FOMC split over cuts

German CPI confirmed at 2.0%, euro drifting, FOMC split over cuts

German inflation slowed to 2.0% in June, aligning with ECB’s target as energy and food prices fell, while services inflation stayed high. The euro drifted slightly higher, as markets eyed Fed rate cut uncertainty and split FOMC views.

Adam

Looming UK Debt Crisis Will Make Truss Fallout a "Tea Party"

Looming UK Debt Crisis Will Make Truss Fallout a "Tea Party"

The world is awash with debt, but the UK will be punished first and hardest.

Warren Takunda

FTSE 100 hits a record

FTSE 100 hits a record

The FTSE 100 hit a record high, driven by miners and healthcare stocks, as markets shrug off Trump's tariff threats. AI momentum and Nvidia’s surge fuel optimism, while the dollar weakens.

Adam

Opec Raises 2050 Energy Demand Outlook Amid Expansion of Global Economies

Opec Raises 2050 Energy Demand Outlook Amid Expansion of Global Economies

Opec has raised its forecast for world energy demand for the medium and long term as global economies expand and population growth boosts requirements for oil.

Glendon

The Day Ahead: Markets Today Eye Jobless Claims, Delta Earnings, Fed Remarks, AI Momentum

The Day Ahead: Markets Today Eye Jobless Claims, Delta Earnings, Fed Remarks, AI Momentum

U.S. futures dip as markets eye jobless claims, Delta earnings, and Fed remarks amid ongoing tariff concerns. AI-driven gains support equities, while Bitcoin hits a new high above $112,000.

Adam

Trump Tariffs Goods from Brazil at 50%, Citing ‘Witch Hunt’ Trial Against Country’s Former President

Trump Tariffs Goods from Brazil at 50%, Citing ‘Witch Hunt’ Trial Against Country’s Former President

Trump imposed 50% tariffs on Brazil over Bolsonaro’s trial, sparking backlash and promises of retaliation from Brazil.

Warren Takunda

US Weekly Jobless Claims Fall Unexpectedly in Latest Week

US Weekly Jobless Claims Fall Unexpectedly in Latest Week

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, suggesting employers may be holding on to workers despite other indications of a cooling labor market.

Michelle

Oil edges down amid bearish Trump tariff outlook

Oil edges down amid bearish Trump tariff outlook

Oil prices dipped as markets weighed Trump’s tariff threats on global trade. Despite strong demand and flight activity, inflation fears and OPEC+ supply concerns kept investor sentiment cautious.

Adam

London Midday: FTSE Hits Fresh Highs as Investors Shrug Off Trump Trade Rhetoric

London Midday: FTSE Hits Fresh Highs as Investors Shrug Off Trump Trade Rhetoric

London stocks climbed to record highs on Thursday, with the FTSE 100 up 1.1%, as investors dismissed Trump’s trade rhetoric and focused on corporate news and economic data.

Warren Takunda

OPEC+ Discussing Pause to Output Hikes After Next Increase

OPEC+ Discussing Pause to Output Hikes After Next Increase

OPEC+ is discussing a pause in further production increases after its next monthly hike, according to delegates familiar with the matter.

Glendon

BofA: USD Faces Limited Downside in Second Half of 2025

BofA: USD Faces Limited Downside in Second Half of 2025

The US dollar has experienced the worst start to a year since 1973, but analysis from Bank of America suggests...

Michelle

German Exporters Urge Caution on US Trade Deal, Warn Against Concessions Without Fair Terms

German Exporters Urge Caution on US Trade Deal, Warn Against Concessions Without Fair Terms

German exporters have rejected the idea of accepting a US trade deal "at any price," warning that an unfair agreement could harm Europe’s long-term economic interests and worsen already declining export performance....

Gerik

Wall Street Banks Set for Earnings Boost Amid Trading Surge and Investment Banking Revival

Wall Street Banks Set for Earnings Boost Amid Trading Surge and Investment Banking Revival

Major US banks are forecast to post stronger second-quarter profits, driven by resilient trading revenue and a moderate rebound in investment banking, despite ongoing tariff and economic uncertainties....

Gerik

German Exporters Don't Want US Trade Deal 'at Any Price', Says Trade Group

German Exporters Don't Want US Trade Deal 'at Any Price', Says Trade Group

German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade lobby.

Glendon

Vietnam Moves to Tighten Trade Rules After US Tariff Deal Amid Transshipment Concerns

Vietnam Moves to Tighten Trade Rules After US Tariff Deal Amid Transshipment Concerns

Vietnam is drafting stricter penalties and increasing inspections to curb trade fraud and illegal transshipments, following a deal with the Trump administration to lower tariffs...

Gerik

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