Exxon Mobil (NYSE: XOM) reported a stellar second-quarter profit of $9.2 billion, surpassing expectations thanks to increased output from its recent acquisition of Pioneer Natural Resources (NYSE: PXD). This achievement
The Bank of England (BOE) made a significant decision to lower its Bank Rate by 25 bps from 5.25% to 5.00% at its recent August meeting. This move, although expected
Preliminary data reveals that inflation in the Eurozone jumped to 2.6% in July, up from 2.5% in June. Core inflation, excluding volatile components like food and energy, remained steady at
Investment experts at Citi are predicting a surge in gold physical investment demand in 2024 and beyond. According to their latest report, they are maintaining their gold price targets at
Bybit, the world's second-largest crypto exchange, partners with Ethena to introduce USDe, a game-changing reward-bearing stable margin collateral. This strategic move aims to reshape the stablecoin landscape and offer traders
Title: Expert Analysis: Chevron Stock Plummets to 6-Month Low Due to Profit Disappointment and Decreased Margins As the world's leading investment manager and financial market journalist, I have closely analyzed
Federal Reserve Holds Rates Steady in July Meeting, Potential Rate Cut in September on the Table In the latest Federal Reserve meeting, held on July 30th and 31st, 2024, the
The Best Investment Manager's Guide: Stock Futures Slump Due to Intel's Outlook and Amazon Caution In the fast-paced world of finance, U.S. stock futures took a hit on Friday as
Title: NZD/USD Trades Sideways Near 0.5950 as Investors Await US NFP Report Meta Description: The NZD/USD pair is trading in a tight range as market participants await the US Nonfarm
Unraveling the Myth of the Magnificent Seven: GMO's Jeremy Grantham Dismisses Comparison to Late-1990s Boom Bust Cycle As the world's best investment manager, I am here to set the record