Articles by Anshul Panda

Oil Prices Climb Over 1% on Trade Optimism, Mark First Weekly Gain Since April

Oil prices rose over 1% on Friday, marking their first weekly gain since mid-April, driven by renewed trade optimism after a U.S.-UK deal. Geopolitical tensions and upcoming U.S.-China talks also supported the price surge.

May 10, 2025

Rare India-Pakistan Fighter Jets in Space Raise Global Alarm, Showcase Next generation Warfare

A rare aerial clash between Indian Rafales and Pakistani J-10Cs has drawn global attention amid rising regional tensions. The encounter is offering military analysts a real-world look at cutting-edge air-to-air missile performance.

May 10, 2025

Meta Crushes Spyware Giant NSO with $168M Court Win Over WhatsApp Hack

Meta has won a $168 million lawsuit against Israeli spyware firm NSO Group for illegally hacking WhatsApp users. The verdict marks a major victory for digital privacy and sets a legal precedent against spyware abuse.

May 8, 2025

Cisco Enters Quantum Race with New Chip to Link Quantum Computers

Cisco has introduced a prototype chip that connects quantum computers using photon entanglement. The company also opened a new research lab in Santa Monica to advance its work in quantum networking.

May 8, 2025

AMD Faces $1.5 Billion Revenue Hit Amid U.S. Chip Export Curbs to China

AMD expects a $1.5 billion revenue loss in 2025 due to new U.S. export restrictions on AI chips to China. Despite the setback, strong demand has helped the company beat second-quarter revenue forecasts.

May 7, 2025

Apple Raises $4.5 Billion Through Bond Sale to Support Stock Buybacks and Debt Repayment

Apple has announced its first bond sale in two years, raising $4.5 billion to fund stock buybacks and repay debt. The bond offering consists of four tranches, with the company targeting debt maturities due between May and November 2025.

May 7, 2025

Skechers Strikes $9.4 Billion Deal to Go Private—The Biggest Footwear Buyout Ever

US shoe brand Skechers is going private in a massive $9.4 billion deal with 3G Capital, marking the largest buyout in footwear history. The move comes as the company faces rising costs from U.S. tariffs and shifts in global trade dynamics.

May 7, 2025

Bill Ackman Increases Stake in Howard Hughes by $900 Million, Aiming to Build Hathaway-Style Conglomerate

Bill Ackman has invested $900 million to raise his stake in Howard Hughes Holdings from 37.6% to 46.9%, signaling plans to transform the real estate company into a diversified holding firm. This move aligns with his long-term vision of creating a Berkshire Hathaway-style investment conglomerate.

May 7, 2025

Trump's New Push For 100% Tariff on Foreign Films May Revive Hollywood But Alarms Global Industry

Former President Donald Trump has proposed a 100% tariff on foreign-made films, claiming it will protect American jobs and revive the struggling U.S. film industry. The move has sparked international backlash and uncertainty across Hollywood and global markets.

May 6, 2025

Crude Prices Slide Following Aggressive OPEC+ Output Hike

Oil prices dropped over $1 per barrel after OPEC+ announced a faster pace of production, raising concerns about oversupply.

May 6, 2025

Trump's Budget Slashes $163 Billion in Domestic Spending, Prioritizes Defense and Border Security

Former President Donald Trump's proposed federal budget seeks to cut $163 billion from non-defense programs, including education, housing, and public health. The savings would redirect funds toward a 13% boost in defense spending and aggressive border security measures.

May 5, 2025

Gold Rebounds Following Two-Week Low as Investors Eye Payroll Data

Gold prices rose slightly after hitting a two-week low, driven by bargain buying ahead of the U.S. non-farm payrolls report. Signs of easing U.S.-China trade tensions also influenced market sentiment, reducing demand for safe-haven assets.

May 3, 2025

Wall Street Gains Momentum with Support from Big Tech Earnings While Investors Watch Trade Developments

Wall Street saw solid gains as strong earnings from Microsoft and Meta boosted investor confidence and lifted major indexes. The rally came despite ongoing concerns over global trade policies and mixed economic data.

May 2, 2025

As Crypto Slips, Dubai Emerges As Next Destination; Draws Thousands to TOKEN2049

Dubai is strengthening its position as a global crypto hub, drawing thousands to the TOKEN2049 conference amid a slowdown in global market momentum. As U.S. regulatory progress stalls, the industry looks to the UAE for renewed energy and growth opportunities.

May 2, 2025

General Motors Cuts 2025 Profit Forecast as Tariffs Undercut $5 Billion, Plans US Expansion

General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans to offset the impact by boosting U.S. production and tightening spending.

May 2, 2025

Barclays Reports Strong First-Quarter Performance as Tariff Uncertainty Drives Trading Gains and Lending Growth

Barclays reported a stronger-than-expected first-quarter profit, driven by a surge in trading activity and solid growth in UK lending. The bank also benefited from market volatility caused by U.S. tariff tensions, helping boost its investment banking performance.

May 1, 2025

Oil Prices Fall Sharply in April, Marking Biggest Monthly Drop Since 2021

Oil prices recorded their sharpest monthly drop since 2021 due to rising supply and falling demand amid global trade tensions. Weak economic data from the U.S. and China further pressured the market, raising concerns over future fuel consumption.

May 1, 2025

Markets Steady as U.S. Eases Auto Tariffs Amid Ongoing Trade Tensions

Stocks and the U.S. dollar inched up after the Trump administration said it may ease some auto-related tariffs, responding to pressure from automakers. Markets remain tense as U.S.-China trade talks stall and key economic data and company earnings are due this week.

Apr 30, 2025

Gold Prices Dip as Trade Tensions Ease and Investors Await U.S. Economic Data

Gold prices fell as easing U.S.-China trade tensions reduced demand for safe-haven assets. Investors now await key U.S. economic data that could influence future price movements.

Apr 30, 2025

Cantor Fitzgerald, Tether, and SoftBank Team Up to Launch $3.6 Billion Bitcoin Venture

Cantor Fitzgerald, Tether, and SoftBank have launched Twenty One Capital, a new Bitcoin-focused venture aiming to ride the crypto boom fueled by Donald Trump's lighter regulation promises. With over 42,000 bitcoins and a Nasdaq listing ahead, the firm is set to become the third-largest Bitcoin holder.

Apr 28, 2025

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