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Apple to invest $500bn in US expansion, adding 20,000 jobs and AI facilities
Investing.com -- Apple (NASDAQ:AAPL) has announced plans to invest $500 billion in the U.S. over the next four years, marking its largest-ever domestic investment. The initiative will focus on artificial intelligence, silicon engineering, and advanced manufacturing, creating around 20,000 new jobsInvesting.com
Feb 24, 2025
AUD/USD falls back from 0.6400 as US Dollar bounces back
AUD/USD retreats from 0.6400 as the US Dollar recovers its intraday losses. Investors digest weak preliminary US S&P Global PMI data for February. Going forward, Australian monthly CPI data for January will influence RBA’s policy outlook.
Fxstreet
Feb 24, 2025
USD is trading steady on the day – Scotiabank
The US Dollar (USD) is little changed in quiet trade. Overnight price action saw the Euro (EUR) advance in response to the anticipated win for the center-right in Germany’s federal election but the result was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Feb 24, 2025
Gold has wild ride with US Dollar pressured by German election outcome
Gold price pops near 0.50% in the early European session on Monday. Although the Far-Right AfD has gained 20% of votes, the CDU has booked a comfortable lead. US Dollar Index drops, opening room for Gold to tick higher.
Fxstreet
Feb 24, 2025
EUR/USD falls back amid fears over German economic outlook
EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US private business activity data weighed on the US Dollar.
Fxstreet
Feb 24, 2025
DeepSeek Shakes NVIDIA's Moat, Jensen Huang: Computing Remains the Future
The DeepSeek model, which has swept the globe with its low computing power cost, once caused NVIDIA's market value to experience the largest drop in the history of the US stock market. NVIDIA’s CEO, Jensen Huang, recently responded for the first time to the impact of DeepSeek on the company.TradingKey
Feb 24, 2025
Pound Sterling outperforms US Dollar as Fed dovish bets rise on weak US Services PMI
The Pound Sterling jumps to near 1.2700 against a weakened US Dollar after a sharp slowdown in US services sector data for February. Traders expect the BoE to cut interest rates two times more this year. This week, investors will focus on the US Durable Goods and PCE inflation data for January.
Fxstreet
Feb 24, 2025
As US Exceptionalism Fades, Are Chinese and European Stock Markets the Promising Choices?
As domestic economic data in the U.S. begins to deteriorate, the impact of DeepSeek's technological prowess and the uncertainties surrounding European elections gradually recede. The U.S. stock market now faces tremendous internal and external pressures, with Wall Street actively seeking...
Dogecoin Warning: One Level Could Trigger A Surge, Says Analyst
In his latest livestream, crypto chartist Kevin drilled down on Dogecoin’s price action, stressing both caution and optimism for the popular meme coin. Speaking to his YouTube audience, Kevin acknowledged Dogecoin’s history of dramatic price swings yet underlined that critical technical levels could
NewsBTC
Feb 24, 2025
EUR/GBP rises to near 0.8300 following Germany’s conservative victory
EUR/GBP climbs as market sentiment improves after Germany’s conservative election victory. Investors focus on the coalition-building process, with strong leadership viewed as essential for driving key fiscal reforms in Germany. The Pound Sterling may find support as expectations for a Bank of Englan
Fxstreet
Feb 24, 2025
Bitcoin Bulls Build Up Safety Net – What Does This Mean For Price?
A key demand zone has formed just below Bitcoin’s current price due to significant buying interest in this particular zone. On-chain data from IntoTheBlock shows that 2.76 million addresses have accumulated 2.1 million BTC at this price, creating a strong support base.
Berkshire Hathaway reports record operating earnings as cash pile swells further
Warren Buffett's Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) reported record operating earnings for 2024, driven by strong performance in its insurance businesses and higher investment income. Meanwhile, the firm's cash position rose to a new high of $334.20 billion in the fourth quarter.Investing.com
Feb 24, 2025
Europe faces incremental defence shift amid geopolitical pressures
Investing.com -- Europe is likely to take incremental steps rather than a transformational approach in adjusting its defence strategy, Barclays (LON:BARC) said amid the mounting geopolitical pressures and inefficiencies in defence spending.Ethereum Developer Counters Idea Of Blockchain Rollback Amid Bybit Hack
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible.Gold price extends its consolidative price move near all-time peak
Gold price continues to attract safe-haven flows amid worries about Trump’s tariff plans. The emergence of fresh USD selling and inflation concerns also support the XAU/USD pair. Hawkish Fed expectations might cap any further gains for the non-yielding yellow metal.Fxstreet
Feb 24, 2025
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