Life360 shares see their biggest one-day jump as the company rounds the corner into a clear path to profitability, but can the good times last?
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
The ASX and Wall Street have reached new highs today as key US inflation data shows slowing inflation. The S&P 500 logged its best February in 9 years, finishing up 5.2% for the month.
Major benchmarks remained muted as the market awaits PCE inflation data out of the US to judge the Fed’s next move. Meanwhile, Bitcoin jumps sharply.
ASX to rise as Nvidia saves the world. AI fillip sends global stock markets to new highs. Block, Brambles, Vulcan Energy feature.
Pre earnings jitters of Nvidia kept markets down on Wall Street while the ASX continues to trade cautiously in the midst of a mixed earnings season.
Mr Banducci’s resignation comes just days after a trainwreck interview in which his anger flares on price gouging accusations.