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Stocks
EMERGING MARKETS-Asia stocks rally as US-Vietnam talks spark tariff relief hopes
MSCI EM-Asia index hits 3-1/2-year highVietnam stocks at over 3-year high; dong hits record lowS.Korean stocks close at highest level in nearly 4 yearsTaiwan's dollar hits highest since April 2022By Roshan Thomas July 3 (Reuters) - Most stock markets in emerging Asian economies rose on Thursd...Reuters
Thu, Jul 3
Economic Indicator
China: Q2 GDP growth likely stayed above 5% – Standard Chartered
Q2 growth to have moderated to 5.1% y/y (4.7% prior), eased below 1% on a q/q basis. Official PMI survey suggests demand improved m/m in June, supporting production activity. Front-loading activity likely supported export growth; higher oil prices may have lifted import growth.Fxstreet
Thu, Jul 3
Other
UN expert asks states to cut trade ties with Israel over Gaza situation
GENEVA, July 3 (Reuters) - A U.N. expert on Thursday called on states to impose an arms embargo and cut off trade and financial ties with Israel, which she alleged is waging a "genocidal campaign" in Gaza.In a speech to the U.N. Human Rights Council presenting her latest report, U.N. Special...Reuters
Thu, Jul 3
Stocks
Up 15% After Earnings, Is It Too Late to Buy Nike Stock?
Nike (NYSE: NKE) seems to always align with winners. It brought us the iconic "Bo Knows" campaign with two-sport star Bo Jackson; its association with Michael Jordan and the Air Jordan line of footwear is legendary; and it has longtime deals with tennis star Serena Williams and soccer's Cristiano Ro...The Motley Fool
Thu, Jul 3
Stocks
Is Pfizer Stock a Yield Trap?
When it comes to your hard-earned money, you have a lot of choices about where to spend it. If your physician prescribes a new branded drug, though, you and your insurance company have few options.Patent-protected exclusivity is the reason pharmaceutical stocks are known for delivering reliably grow...The Motley Fool
Thu, Jul 3
Stocks
Is Altria's Ultra-High Dividend Yield Worth the Risk?
The big reason to buy Altria's (NYSE: MO) stock is its lofty 6.9% dividend yield. For comparison, stocks in the S&P 500 are only yielding an average of 1.3% and the average consumer staples stock's yield is just 2.5%, or so.But is Altria's huge yield enough to make the stock worth buying? Read this ...The Motley Fool
Thu, Jul 3
Forex
FOREX-Dollar steady as traders await US payroll data
Dollar near 3-1/2-year low ahead of payrolls dataEmployment report could help shape US rate pathPound steadies after drop on fiscal worriesU.S. House of Republicans advance tax-cut billBy Ankur Banerjee and Johann M Cherian SINGAPORE, July 3 (Reuters) - The dollar remained close to this week'...Reuters
Thu, Jul 3
Stocks
Peloton Stock Is Down 95%: 1 Reason It Could Keep Crashing, and 1 Reason It Might Bounce Back
Peloton Interactive (NASDAQ: PTON) went public in 2019 with a stock price of $29. By December 2020, it had more than quintupled to a record high of $163, as pandemic-related lockdowns and social restrictions triggered surging demand for the company's at-home exercise equipment.But Peloton's sales ha...The Motley Fool
Thu, Jul 3
Stocks
China’s Anjoy Foods Jumped 8% in Hong Kong Grey Market
China’s Anjoy Foods jumped 8% in Hong Kong grey market.Anjoy Foods Group, mainland China’s largest producer of frozen hotpot ingredients, said it plans to expand in overseas markets like Europe and Southeast Asia after it lists in Hong Kong.Liang Chen, board secretary of the Fujian-based company, to...Tiger News
Thu, Jul 3
Stocks
Which AI Stock Has More Upside: Nvidia or Palantir?
Two of the biggest artificial intelligence (AI) winners in recent years have been Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR). Given how much growth both stocks have already registered, investors may be wondering which stock has the most additional upside from here. The quick answ...The Motley Fool
Thu, Jul 3
Stocks
European shares edge up on trade optimism
July 3 (Reuters) - European shares rose on Thursday, lifted by easing Sino-U.S. tensions and renewed optimism over global agreements following a U.S.–Vietnam pact ahead of the July 9 tariff deadline. The pan-European STOXX 600 index .STOXX advanced 0.4% at 543.26 points, as of 0705 GMT. Other..Reuters
Thu, Jul 3
Other
As trade war truce with China holds, US lifts curbs for chip design software and ethane
NEW YORK, July 3 (Reuters) - The United States has lifted restrictions on exports to China for chip design software developers and ethane producers, a further sign of de-escalating U.S.-Sino trade tensions including concessions from Beijing over rare earths.Reuters
Thu, Jul 3
Stocks
Software Company Datadog Soars Nearly 12% on S&P 500 Nod
Datadog jumped 12% in premarket trading.Software company Datadog Inc. will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co.Datadog will be included in the index prior to the start of trading on July 9, according t...Tiger News
Thu, Jul 3
Other
EV maker Polestar to produce new model in Europe
STOCKHOLM, July 3 (Reuters) - Sweden-based electric vehicle maker Polestar PSNY.O said on Thursday its upcoming SUV model Polestar 7 will be manufactured at Volvo Cars' VOLCARb.ST under-construction factory in Slovakia, making it its first car to be made in Europe.
Reuters
Thu, Jul 3
Other
U.S. House Republicans advance Trump tax-cut bill opening way for debate
WASHINGTON, July 3 (Reuters) - The Republican-controlled U.S. House of Representatives on Thursday advanced President Donald Trump's sweeping tax-cut and spending bill, a procedural step setting the stage for possible passage of the legislation in a vote expected later in the day.The House voted...Reuters
Thu, Jul 3
Economic Indicator
Swiss inflation returns to positive territory in June
ZURICH, July 3 (Reuters) - Swiss inflation returned to positive territory in June, government data showed on Thursday, leading analysts to believe that further rate cuts by the Swiss National Bank were now off the table.Reuters
Thu, Jul 3
Stocks
Is BigBear.ai Stock a Buy Now?
BigBear.ai (NYSE: BBAI), a developer of AI modules for edge networks, has been a volatile investment over the past three and a half years. It went public by merging with a special purpose acquisition company (SPAC) on Dec. 7, 2021. Its stock opened at $9.84 on the first day and eventually closed at ...The Motley Fool
Thu, Jul 3
