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Wall Street is eager to see some sign that AI is driving iPhone demand in Apple's latest earnings report

Wall Street is hyperfocused on Apple's guidance to see if AI features are driving consumer demand f…

Matthew Fox   


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2 mins read

Apple stock tumbles after analyst says iPhone 16 orders cut by 10 million units, sees 'no evidence' AI boosting demand

Ming Chi-Kuo is bullish on Apple's yet-to-be-released AI features but said it would likely take new…

Matthew Fox   


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2 mins read

Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus

LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese …

Kelly Cloonan   


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2 mins read

5 energy stocks that will get a boost from ballooning electric demand

BofA says that after multiple decades of stagnant electricity demand, the US is seeing a surge due …

Filip De Mott   


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2 mins read

Nvidia stock jumps after CEO Jensen Huang says 'demand for Blackwell is insane'

"Blackwell is in full production, Blackwell is as planned," Jensen Huang said. "Everybody wants to …

Matthew Fox   


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2 mins read

Dev Accelerator plans ₹125 crore IPO amid high demand for flexible office spaces

It proposes to use Rs 30 crore towards repayment and/or prepayment (in full or in part) of ce…

PTI   


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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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2 mins read

Rural demand, government spending to drive growth in the second half of FY25

Rural demand and government spending will be key drivers of India's economic growth in the second h…

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2 mins read

AI will nearly double demand for copper, which is already facing a global shortage

Mining giant BHP sees copper demand reaching 52.5 million tons a year by 2050, making worse an ongo…

Filip De Mott   


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2 mins read

Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says

Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…

Kelly Cloonan   


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1 min read

Apple leads tech sell-off after analyst warns of light iPhone 16 demand

Apple stock was down nearly 3% shortly after noon, with analyst Ming-Chi Kuo warning of lighter iPh…

Kelly Cloonan   


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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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The stock market's Trump honeymoon is turning sour

More than half of the stock market's post-Trump-election rally has been erased.

Filip De Mott   


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1 min read

China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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1 min read

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…

Jennifer Sor   


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2 mins read

Non-US stocks have seen their sharpest sell-off since August on fears over Trump's tariffs

While US shares have rallied since the election, non-US stocks have stumbled as investors brace for…

Kelly Cloonan   


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William Edwards   


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Russia could merge state-run oil companies to make the world's 2nd largest producer, report says

A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…

Kelly Cloonan   


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RBI goes high on gold, adds 102 metric tonnes to its reserves between April-Sep, as total gold demand touches $100 billion

The increased domestic gold holdings have also boosted the precious metal's share in India's total …

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3 mins read

Gold continues to shine bright on Dhanteras, but should you participate in the glitter?

Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…