The seven largest technology stocks that have fueled much of the S&P 500’s gains this year are headed into earnings season under intense pressure to deliver strong growth and justify their lofty valuations. Known as the “Magnificent Seven,” Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, and Meta Platforms have an outsized […]
Technology
The abrupt closure of My Forex Funds, a significant player in the world of proprietary trading, continues to send shockwaves throughout the industry. The Commodity Futures Trading Commission (CFTC) made headlines last month after initiating legal proceedings against Murtuza Kazmi and his affiliated entities, collectively operating under the name “My […]
Australia is witnessing a remarkable surge in the adoption of electrified vehicles, driven by soaring consumer demand, experts say. New research by Finder shows 1 in 4 Aussies (about 5 million) is gearing up to invest in a car over the next 12 months. About 13% are aiming to buy […]
The underwhelming release of the iPhone 15 paired with an increasing shift in consumer patterns has raised questions about its prominence on the global market. Apple, a longtime symbol of smartphone prestige and innovation, now faces doubts about its popularity due to recent events. In August, Apple issued a forecast, […]