iPhone sales grew 4.1% during Apple (AAPL) FY25 from FY24
iPhone sales grew 4.1% during Apple (AAPL) FY25 from FY24
Tag: significantly
Gold slips below $4,000 as US–China trade hopes lift risk appetite
The post Gold slips below $4,000 as US-China trade hopes lift risk appetite appeared com. Gold price drops 0. 63% on Tuesday during the North American session with the yellow metal suffering from its safe-haven appeal as hopes of a de-escalation of the US-China trade war keep ebbs and flows going toward riskier assets like US equities. At the time of writing, XAU/USD trades at $3,955, after bouncing off three-week lows beneath $3,900. Yellow metal loses safe-haven bid ahead of Trump-Xi meeting; Fed cut expectations to cushion fall The US-China trade war seems to be fading following last week’s meeting between senior officials in Malaysia. Discussions about tariffs, shipping fees, fentanyl and rare-earth export controls had set the stage for a possible agreement as US President Donald Trump and his Chinese counterpart Xi Jinping will meet on Thursday. Meanwhile, geopolitics could cap Gold’s losses as the Jerusalem Post reported that “The response to the current violations by Hamas will be significantly greater than the response last time,” citing sources. If hostilities in the Middle East resume, Bullion could trim some of its last two weeks’ losses and be poised to reclaim the $4,000 figure. Gold, a traditional hedge during times of uncertainty and a non-yielding asset, has gained 51% this year, bolstered by geopolitical and trade tensions, as well as lower interest rates in the US. Aside from this, the Federal Reserve (Fed) is expected to cut rates by 25 basis points (bps) at the Wednesday’s meeting, followed by a subsequent reduction in December, according to Prime Market Terminal interest rate probability tool. Daily market movers: Gold price dives despite broad US Dollar weakness The US Dollar Index (DXY), which tracks the performance of the buck versus six currencies, edges down 0. 11% to 98. 68. The US 10-year Treasury note yield is virtually unchanged at 3. 981%. US real yields which correlate inversely to Gold prices.
Data corner: Spain leads Horizon’s effort on the digital and green transitions
Photo credits: European Union Spain is a clear leader when it comes to research and innovation supporting the EU’s green and digital transitions, securing more than 17% of the funding available in Horizon Europe. Since 2021, Horizon Europe has invested €1. 44 billion in.
Trump blasts Democratic gubernatorial candidates ahead of Tokyo visit
President Donald Trump blasted the Democratic gubernatorial candidates of New Jersey and Virginia on Monday morning. He questioned why anyone would vote for Mikie Sherrill, the Democratic candidate in New Jersey, and Abigail Spanberger, the candidate in Virginia. The president made the remarks on his Truth Social account before Monday’s scheduled visit to Tokyo, Japan. [.].
Snow, sleet, freezing rain possible for Hawaii island summits
Forecasters say snow and freezing rain are possible on Hawaii island summits, which are under a National Weather Service winter weather advisory until 6 a. m. Sunday.
Typhoon No. 23 (Nakri) Forms, Moving Northwest Toward Okinawa
A tropical depression that had been moving northwestward over the Mariana Islands developed into Typhoon No.
This weight-loss solution is now India’s second-highest selling drug
Eli Lilly’s anti-obesity and diabetes drug, Mounjaro, has taken the Indian pharmaceutical market by storm.
This weight-loss solution is now India’s second-highest selling drug
Eli Lilly’s anti-obesity and diabetes drug, Mounjaro, has taken the Indian pharmaceutical market by storm.
This weight-loss solution is now India’s second-highest selling drug
Eli Lilly’s anti-obesity and diabetes drug, Mounjaro, has taken the Indian pharmaceutical market by storm.
Nissan Bets on All-New Leaf to Drive Its Corporate Revival
Nissan, currently in the midst of rebuilding its business, has unveiled a new model of its world-first mass-produced electric vehicle, the Leaf, as part of efforts to revive the companys fortunes. The automaker will begin domestic sales of the third-generation Leaf on October 17th.