Lower crude oil prices seen as supportive for markets
Manchester United are reportedly preparing to appoint Mauricio Pochettino as their next manager, potentially ending his stint as head coach of the United States men's national team. The Premier League club has reportedly contacted US Soccer to discuss his release clause, which is said to be worth $10 million. Here is what the reported move could mean for Pochettino, USMNT and Manchester United.
Gold prices edged lower on Thursday as hotter-than-expected US inflation data and hawkish Federal Reserve commentary lifted the dollar to near a one-month high and reinforced
Nvidia's board is meeting to discuss whether to remove CEO Jensen Huang amid reports of two alleged extramarital affairs involving the longtime leader. The possibility of a leadership change has raised concerns among investors and market experts about the company's succession plans, future AI strategy, China business and its position in the global artificial intelligence industry. Here is what market experts are saying about the potential impact on Nvidia and the broader AI sector.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.63% to 102.85, its highest level since October 14.
Nvidia CEO Jensen Huang was reported to have had an affair with Kimberly Powell, a company executive. The situation has drawn the attention of Nvidia's board, which is investigating possible foreign intelligence efforts. Huang admitted to the affair in a message sent to employees. His admission coincided with a nearly 4% drop in the company's stock price.
Nvidia's co-founder and CEO Jensen Huang faces potential ousting due to various controversies involving multiple affairs. Reports indicate Huang is involved with two women, including a subordinate at Nvidia. Shareholders have filed a class action lawsuit against him for failing to disclose pertinent information about his relationships. The company’s stock has significantly declined following Huang's admission of infidelity.
Building collapse New York City has claimed one life and injured many as rescure efforts were going on.
The agreement marks a step in Adani’s overseas sourcing plans as India seeks to strengthen copper supplies through investments abroad
US Stock Market: CBOE Volatility Index fell for the fourth straight session to close at a one-week low of 17.49. Last week, Wall Street's fear gauge hit its highest in more than seven months.
China pledged on Wednesday to stand by Cuba against sanctions and foreign interference, days after Washington penalised two Chinese state-linked firms for allegedly supplying the Cuban military. Foreign Minister Wang Yi told his Cuban counterpart Bruno Rodriguez in Beijing that China would firmly support Cuba in safeguarding its sovereignty and opposing sanctions, blockades and foreign interference, regardless of how the international situation changed. The ministry’s readout said Rodriguez...