News

US Economy Growth Slows to 1.6% in First Quarter

Key Points: US economy growth slowed to 1.6% in Q1, below the expected 2.4%. Consumer spending growth tapered, but business…

12 hours ago

Microsoft Revenue Hits $61.9B, Up 17% Year-Over-Year

Key Points: Microsoft's რevenue surged to $61.9 billion, a 17% increase driven by robust sales in all business segments. Notable…

12 hours ago

Oil Prices Up: Brent Gains 2%, WTI Increases 0.5%

Key Points Oil Prices rose, Brent crude oil reached $89.32 per barrel, up 2%, and WTI at $83.86, up 0.5%.…

16 hours ago

GBP/USD Drops to 1.2502 Amid Economic Turmoil

Key Points GBP/USD is currently at 1.2502, impacted by UK-US economic turbulence and monetary policies. US Q1 GDP growth at…

16 hours ago

USD/INR Emerges as Steadiest Major Currency

Key Points: Despite global volatility, USD/INR is the least volatile major currency in FY 2023-24, supported by interbank USD sales…

18 hours ago

AUD/JPY Peaks at 101.66, Marks Five-Session Gain

Key Points AUD/JPY hits a five-month high at 101.66, indicating sustained upward momentum with RSI above 50. Support at 101.00…

18 hours ago

Apple Launches On-Device AI in iOS 18 and OpenELM

Key Points Apple unveils small language models for on-device AI, enhancing privacy and functionality without cloud dependency. Apple launches OpenELM,…

2 days ago

Gold Prices Dips Below $2,300: A Turbulent Market

Key Points Gold prices near critical $2,300/oz support amid a less tense Iran-Israel situation and strong US dollar. Upcoming GDP…

2 days ago

Stock Futures: Dow Down 0.27%, Nasdaq Dips 1.18%

Key Points: US Stock futures dropped, Dow futures fell by 102 points (-0.27%), while S&P 500 and Nasdaq 100 futures…

2 days ago

Australian Q1 CPI Surges to 3.6%: Impacts AUD/USD

Key Points: AUD/USD showed a Dragonfly Doji and a break above the 50-4hr SMA, suggesting a short-term bottom at 0.6452…

2 days ago

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