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Nvidia shares slide despite highly anticipated 2Q earnings beating forecasts
Nvidia shares had fallen about 8% in extended trading at the time of writing, representing a roughly USD 200 bn…
Retailer Temu’s parent company sees stocks crash in latest warning over struggling Chinese economy
The company’s market value dropped by some USD 55 bn in one day following the release of its 2Q results
Election uncertainty makes investment managers wary of pouring funds into infrastructure projects
Some asset managers expect a pick up in investment activity following election results in November
Turkey expected to start cutting sky-high 50% interest rates in November
Turkey’s central bank has raised interest rates by 4,150 bps since June 2023
Fed chief signals September rate cut as economic risks shift
US inflation fell under the 3% mark in July for the first time since March 2021
Gold soars as investors pencil in September rate cuts and a weakening USD
Gold prices are up 22% in 2024 so far
Investors rush back into equity markets as market confidence returns
The rebound follows a brutal sell-off that took place earlier in August
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
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