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Forex
NZD/USD stalls below 0.5075 area, awaiting US GDP, PCE inflation data
The New Zealand Dollar is trading practically flat against the US Dollar on Thursday, looking for direction below the top of the weekly trading range, at 0.5875, with investors looking from the sidelines ahead of US GDP data today and, more importantly, the PCE Prices Index data on Friday.
Fxstreet
Thu, Aug 28
Other
North Korean leader Kim Jong Un to attend victory celebration in China
Largest multilateral event yet for KimTrip offers Kim rare chance to meet range of leadersRussia's Putin also among those to attendNorth Korea is under sanctions for nuclear weapons, missilesBy Joyce Lee and Ju-min Park SEOUL, Aug 28 (Reuters) - North Korean leader Kim Jong Un will visit Chin...Reuters
Thu, Aug 28
Stocks
Bitcoin Is the Highest-Valued Cryptocurrency, But Is It the Best Choice for Investors?
Key PointsYear to date, Ethereum is up 40%, compared to just 20% for Bitcoin.Ethereum's current bout of outperformance started this summer, with the launch of new Ethereum Treasury Companies.Over the past 10 years, Bitcoin has decisively outperformed Ethereum.10 stocks we like better than Bitcoin › ...The Motley Fool
Thu, Aug 28
Stocks
Prediction: Here's How Much Nvidia's Stock Could Surge by 2035
Key PointsOne wildly optimistic scenario projects that Nvidia could be worth nearly $50 trillion in 10 years.A more grounded yet still optimistic prediction is that Nvidia's market cap could hit $27 trillion by 2035.However, this prediction hinges on sustained AI growth and Nvidia maintaining its co...The Motley Fool
Thu, Aug 28
Commodities
Gold Price Forecast: XAU/USD trades firmly near $3,400, sees resistance around $3,440
Gold price (XAU/USD) holds onto gains near $3,400 during the European trading session on Thursday. The precious metal demonstrates strength as traders are increasingly confident that the Federal Reserve (Fed) will cut interest rates in the September monetary policy meeting.
Fxstreet
Thu, Aug 28
Stocks
4 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow
Key PointsCoca-Cola’s business isn’t one that lends itself to rapid growth.Its business supports reliable profitability that’s largely passed along to shareholders as dividends.As the adage goes, slow and steady wins the race (or at least ties, in this case).10 stocks we like better than Coca-Cola ›...The Motley Fool
Thu, Aug 28
Stocks
US tariffs to cut India's FY26 container cargo growth by 300 bps: ratings agency
** CareEdge Ratings sees container cargo growth at Indian ports slowing 300 bps y/y in FY26, hurt by steep U.S. tariff** Credit rating agency expects 8% growth in India's container volumes in FY26 vs 11% growth in FY25, 10% in FY24** Expects overall cargo growth to taper to 2% in FY26 from 3% in...Reuters
Thu, Aug 28
Stocks
My Smartest Dividend Stock to Buy Today
Key PointsRealty Income is the largest net lease REIT and has a reliable dividend history.Realty Income is a great business, but there's a competitor that might be a better choice right now.With a similar yield and more growth opportunity, this 5.5%-yielding net lease REIT gives you almost everythin...The Motley Fool
Thu, Aug 28
Stocks
Why Invesco QQQ Trust Is Getting Attention From Investors This Year
Key PointsInvesco QQQ Trust is up 11.5% so far in 2025, beating the S&P 500's gain of 9.6%.The technology-heavy Invesco QQQ Trust owns some of the most notable names in the market today.The ETF's technology exposure could be a bigger problem than it is a benefit if there is a bear market.10 stocks w...The Motley Fool
Thu, Aug 28
Other
Boeing seeks EU approval for Spirit deal
BRUSSELS, Aug 28 (Reuters) - Boeing BA.N is seeking EU approval to buy back Spirit AeroSystems SPR.N, the world's largest standalone aerostructures company, documents on the European Commission website show.Boeing said in July last year that it had agreed to buy its former subsidiary for $4.7 bi...Reuters
Thu, Aug 28
Forex
Pound Sterling wobbles as focus shifts to US data
The Pound Sterling (GBP) is broadly sideways against the US Dollar (USD) around 1.3500 on Thursday. The GBP/USD pair consolidates as the US Dollar trades cautiously, following dovish comments on interest rates from New York Federal Reserve (Fed) Bank President John Williams on Wednesday.
Fxstreet
Thu, Aug 28
Stocks
Li Auto Shares Fell On Missing Q2 Estimates
Li Auto (NASDAQ:LI): Q2 Non-GAAP EPADS of $0.19 misses by $0.05. Revenue of $4.2B (-4.5% Y/Y) misses by $250M.Li Auto shares fell 5% in premarket.Q3 outlook: Total revenues to be between RMB24.8 billion (US$3.5 billion) and RMB26.2 billion (US$3.7 billion), representing a year-over-year decrease of ...Tiger News
Thu, Aug 28
Stocks
2 Dividend Stocks to Hold for the Next 10 Years
Key PointsSome healthcare stocks can be great dividend growth options thanks to their stable businesses.Despite Novo Nordisk's recent setbacks, it remains a leader in its niche and boasts a deep pipeline.Amgen is developing several important medicines that should allow it to overcome patent cliffs. ...The Motley Fool
Thu, Aug 28
Stocks
This Warren Buffett-Inspired Investor Just Loaded Up on 2 Beaten-Down Stocks in His Portfolio
Key PointsNorbert Lou has bought Crocs and PayPal for his portfolio. PayPal is simplifying its business to try to grow users and monetization strategies. Crocs is a footwear brand trading at a dirt-cheap price. 10 stocks we like better than PayPal › Warren Buffett famously said that most investors w...The Motley Fool
Thu, Aug 28
Economic Indicator
EUR: Car sales a reminder that the consumer is ok – ING
At the weekend, ECB President Christine Lagarde gave a reasonably upbeat interview to Fox News. She said consumers and businesses were resilient and that whilst growth was not particularly strong, the signs were optimistic, ING’s FX analyst Chris Turner notes.
Fxstreet
Thu, Aug 28
Stocks
Snowflake jumps on strong AI-driven revenue outlook
** Cloud analytics firm Snowflake's shares SNOW.N gain 14.4% to $229.3 premarket** Co raises annual product revenue forecast to $4.40 bln from $4.33 bln, citing strong demand for data analytics services driven by rising AI spend** Also lifts adjusted operating margin outlook to 9% from previous ...Reuters
Thu, Aug 28
Other
Hong Kong's ANTA Sports denies involvement in potential Canada Goose takeover
Aug 28 (Reuters) - Hong Kong-listed sportswear maker ANTA Sports Products 2020.HK said on Thursday it is not a party to a potential acquisition of Canada Goose Holdings Inc GOOS.TO, GOOS.N, following media reports.Reuters
Thu, Aug 28
Stocks
2 Growth Stocks Down Over 70% Billionaires Are Piling Into
Key PointsThe latest quarterly Form 13Fs show the wealthiest investors in the world scooping up shares of fallen Wall Street darlings that are trading more than 70% off their all-time highs.Duquesne Family Office's Stanley Druckenmiller and Third Point's Daniel Loeb were adding to their stakes in e-...The Motley Fool
Thu, Aug 28
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