After two strong days to start the week, the PM complex took the day off to rest for a bit. While the rest of the PM complex rested today, the CDNX continues to push higher, breaking out from the one-year bullish expanding rising wedge.
The Philippines grew a below-expectations 5.4% year on year in the first quarter. The downside surprise was primarily driven by weaker net exports and business process outsourcing activity. We’re revising our GDP growth forecast to 5.6% for 2025.
Apple Inc. (NASDAQ: AAPL) has expressed apprehension over the potential financial consequences of a contempt ruling in favor of Epic Games. The tech giant has warned that this ruling could lead to "substantial" financial losses.
Anthony Scaramucci, founder of SkyBridge Capital, commented on President Donald Trump’s cryptocurrency policies, asserting that the healthy developments around legislation and regulatory clarity were marred by his family’s involvement in the space.
Cloud monitoring software company Datadog (NASDAQ:DDOG) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 24.6% year on year to $761.6 million. The company expects next quarter’s revenue to be around $789 million, close to analysts’ estimates. Its non-GAAP profit of $0.46 per share was 9% above analysts’ consensus estimates.
The EUR/USD pair attracts some dip-buyers during the Asian session on Thursday and reverses a part of the overnight slide from the 1.1375-1.1380 resistance zone.
The U.S. and U.K. are reportedly close to finalizing a trade agreement. This would be the first such pact since the U.S. implemented stringent reciprocal tariffs in April.
Boeing has proposed delivering its long-delayed new Air Force One presidential aircraft in 2027, three years behind the original 2024 timeline negotiated during former President Donald Trump's first administration, a U.S. Air Force official told lawmakers Wednesday.
Theater chain, AMC Entertainment Holdings Inc. (NYSE: AMC), isn't losing sleep over its rough first quarter, as it doubles down on its bold outlook for the full year.
West Texas Intermediate (WTI) crude Oil price recovers some ground during Thursday’s Asian session, trading around $58.10 per barrel after recent losses.
The company reported strong Q1 FY2025 earnings, surpassing expectations, driven by increased sales volume and reduced employee costs, despite a decline in coal prices.
