News
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DeepSeek-prompted selloff is a buying opportunity in Nvidia stock: Morgan Stanley
Morgan Stanley (NYSE:MS) said in a note Thursday that it sees the recent selloff in Nvidia (NASDAQ:NVDA) shares, triggered by concerns over competition from DeepSeek, as a buying opportunity, reiterating its stance that Nvidia remains its "Top Pick."Investing.com
Thu, Feb 6
Trump makes unsubstantiated claim billions stolen at USAID
U.S. President Donald Trump made an unsubstantiated claim on Thursday that billions of dollars have been stolen at USAID and used to pay for positive media coverage of his opponents, targeting the media amid a global outcry over his administration's effective shutte...Reuters
Thu, Feb 6
US Dollar bounces off support after softening stance from President Trump
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, ticks up in the European trading session on Thursday, trading slightly below 108.00 at the time of writing.Fxstreet
Thu, Feb 6
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close
Nippon Steel's $15 bln bid for US Steel blocked by Biden in JanuaryNippon Steel says proposed deal aligns with Trump's goals of stronger AmericaVice chairman Mori hopes Trump-Ishiba meeting helps the deal alongAdds Trump's position and Mori quote in paragraphs 3, 6By Yuka Obayashi and Ka...Reuters
Thu, Feb 6
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
Maersk posts Q4 beat boosted by strong freight ratesSays 2025 profit to trail last year's earningsSays outlook uncertain due to Red Sea crisis, possible tariffsResumes share buyback, proposes higher-than-expected dividendShares jump as much as 10%Adds CEO comments in paragraphs 3-5 and 8By Stine...Reuters
Thu, Feb 6
Global shares push higher, Treasury yields under pressure
SINGAPORE/NEW YORK, Feb 6 (Reuters) - Global shares rose on Thursday in a slight relief rally as fears of an escalating trade war between the U.S. and its major trading partners ebbed, while U.S. Treasury yields came under pressure as traders pondered the country's rate outlook.Reuters
Thu, Feb 6
PRECIOUS-Gold holds near record peak as trade jitters buoy safe-haven demand
Gold hit a record high of $2,882.16 on WednesdayGold bull market looks set to continue under Trump 2.0- CitiUS non-farm payrolls report due on FridayFed officials note abundance of uncertainty in Trump movesAdds comments and updates with mid-session tradingBy Rahul Paswan Feb 6 (Reuters) - Go...Reuters
Thu, Feb 6
Boeing expects Indian, South Asian airlines to add over 2,800 jets in next 20 years
Corrects headline to show that the forecast is for industry-wide deliveries, not just for BoeingBy Abhijith Ganapavaram Feb 6 (Reuters) - Boeing BA.N said on Thursday it expects Indian and South Asian airlines will add 2,835 commercial aircraft to their fleet over the next 20 years, a four-fold i...Reuters
Thu, Feb 6
China commerce ministry says US tariffs 'vile', 'unilateralist'
BEIJING, Feb 6 (Reuters) - The Chinese commerce ministry said on Thursday U.S. tariffs were "vile" in nature, "unilateralist" and exacerbated global trade tensions. China is ready to work with other countries to jointly respond to the challenges of unilateralism and trade protectioni...Reuters
Thu, Feb 6
Thinking Of Buying Dogecoin Now? Here Is A Breakdown Of The Bullish Developments So Far
Dogecoin has been making waves so far in this bull market. Recently, the meme coin experienced a significant price crash after recording double-digit gains and rallying to new highs earlier this year. Despite the cryptocurrency’s declining momentum, a seasoned crypto analyst has highlighted...
Hawkish BOJ policymaker urges raising rates to at least 1%
Inflationary risks building up, board member Tamura saysTamura sees Japan's neutral rate to be at least 1%BOJ must raise rates to neutral in 2nd half of fiscal 2025Comments keep alive near-term rate hike view, push up yenAdds Tamura comments from press conferenceBy Leika Kihara and Takahiko Wada...Reuters
Thu, Feb 6
