Samsung setback drags South Korean stocks as Nvidia test falters
South Korea’s primary stock index, KOSPI, took a hit today as Samsung Electronics Co Ltd (KRX: 005930) encountered a significant setback in passing Nvidia Corp’s (NASDAQ: NVDA) critical chip test. This stumble has sent ripples through the market, underscoring the close
Goldman Sachs elevates Spotify price target to $425 after strong Q2 earnings: Should you invest?
In a significant move that has caught the attention of investors, Goldman Sachs upgraded Spotify Technology SA (NYSE: SPOT) from “Neutral” to “Buy” and raised its price target from $320 to $425, representing a potential 26% upside from its current
CrowdStrike says bug in software update behind global IT outage
Last Friday, a software update from the U.S. cybersecurity firm CrowdStrike resulted in a global crash of millions of computers. The company confirmed that the issue was due to a bug in its quality control mechanism, affecting essential services in
US emissions reductions off track for 2030 targets under Paris accord
Despite substantial progress in reducing greenhouse gas emissions, the United States remains off track to meet its 2030 targets set under the Paris Agreement. The Biden administration’s extensive green subsidies and new climate regulations have significantly lowered emissions, yet they
Turkish lira and stocks tumble amid global tech woes and political uncertainty
Global markets faced turbulence on Wednesday, with Turkish assets experiencing significant declines amid a backdrop of international economic concerns. The Turkish lira dropped to 32.82 against the US dollar, while the BIST 100 index, Turkey’s primary stock benchmark, fell by 0.74%. These