[ad_1] AUD/USD reversed part of its recent pullback, surpassing 0.6500.The US Dollar further extended its weekly recovery based on trade developments.The RBA surprised markets by maintaining its Official Cash Rate (OCR) at 3.85%.The Australian Dollar (AUD) managed to set aside three consecutive days of losses vs. the US Dollar (USD) on Tuesday, prompting AUD/USD to bounce off the 0.6490 region and trade with decent gains toward the 0.6560 zone.The market uptick in the pair came as investors assessed the unexpected decision by the Reserve Bank of Australia (RBA) to keep its Official Cash Rate (OCR) unchanged at 3.85% against a…
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[ad_1] Tesla is under renewed scrutiny as multiple forces threaten its financial model. President Donald Trump’s One Big Beautiful Bill (OBBB) risks erasing earnings from carbon credit sales. Also, Elon Musk’s recent political endorsement rattles investors, and Canada has frozen $40 million in aid over environmental concerns tied to Tesla’s projects. Together, these developments supersede typical market volatility and signal a potential turning point. Let’s examine each of these instances and consider their impact on Tesla. OBBB Bill Could Erase Billions in Carbon Credit Profits In 2024, Tesla generated a record $2.76 billion by selling regulatory credits (carbon credits), which…
[ad_1] Gold () futures opened at $3,348.90 per ounce Tuesday, up 0.5% from Monday’s close of $3,332.20. Gold has gained 27% this year, relative to its opening price of $2,633 on January 2, 2025. The S&P 500 fell about 30 points Monday from its open after President Trump reported he’d sent tariff letters to foreign leaders. He shared 14 letters addressed to Japan, South Korea, South Africa, Malaysia, and others. The letters specified tariffs ranging from 25% to 40%, effective August 1. On Tuesday, China published a warning to the U.S., characterizing the tariffs as “bullying.” Escalating global trade tensions…
[ad_1] By Anirban Sen NEW YORK (Reuters) -Nasdaq handily beat the New York Stock Exchange in stock market listings during the first half of 2025, buoyed by blockbuster initial public offerings of big names like CoreWeave and Chime and a jump in proceeds raised via special purpose acquisition companies. IPOs at Nasdaq, including those of blank-check acquisition companies, raised about $21.3 billion during the first half, compared with $8.7 billion for flotations at the NYSE, according to data from Dealogic. Excluding SPAC volumes, traditional IPOs on the Nasdaq raised roughly $9 billion from 79 deals, while 15 IPOs on NYSE…
[ad_1] As the race to reach net-zero intensifies, artificial intelligence (AI) has emerged as a powerful tool for combating climate change. AI is changing how we measure and reduce environmental damage. It helps decarbonize industries and verify carbon offset projects. Investors are now eyeing a new frontier where climate innovation meets digital intelligence. In this article, we spotlight three rising companies using AI to drive real-world environmental impact: AECOM, Stem Inc., and Verdantix. Why AI is The Brain Behind the Green Revolution AI is not just a buzzword in climate circles anymore. It’s a key enabler in scaling up decarbonization,…
[ad_1] Image source: Getty Images Artificial intelligence (AI) might feel like the part of the stock market where all the action is right now. But investors shouldn’t forget about dividend shares. UK dividend shares have – as a group – outperformed US tech stocks over the last 12 months. So whether it’s growth or passive income, investors shouldn’t think AI is the only game in town. Investment returns Over the last year, the iShares S&P 500 Information Technology Sector UCITS ETF, which tracks the S&P 500 tech sector, has returned 11.3%. That’s not bad, but there are a couple of…
[ad_1] AUD/USD recovers as the Reserve Bank of Australia surprises markets with an interest rate hold.Trade uncertainty limits US Dollar strength, supporting the Australian Dollar.AUD/USD eyes 0.6550 resistance as Golden Cross supports broader uptrend.The Australian Dollar (AUD) is making a recovery against the US Dollar (USD) on Tuesday, following the Reserve Bank of Australia’s (RBA) decision to maintain its main interest rate at 3.85%.Following a 1% decline on Monday, the Australian central bank’s announcement provided a boost to the AUD/USD, which is currently trading near 0.6530 at the time of writing.According to a Reuters poll released on Friday, 31 out…
[ad_1] Today’s ESG Updates UN Council to Vote on Fossil Fuel Phase-Out: July 9 vote will test global ESG resolve, with major producers pushing back. Monzo Fined £21M: FCA says Monzo onboarded 34K+ high-risk customers despite bans. Texas Floods Expose FEMA Collapse: 100+ dead amid extreme weather and Trump-era cuts to key emergency agencies. Amazon Carbon Credits Tied to Deforesters: 24 of 36 projects linked to illegal logging; $15M in credits under scrutiny. Featured ESG Tool of the Week: Klimado – Navigating climate complexity just got easier. Klimado offers a user-friendly platform for tracking local and global environmental shifts, making…
[ad_1] Image source: Getty Images A lot of UK investors (myself included), have increased their exposure to the US over the past year or so. The performance of the S&P 500 has been strong, and gaining some geographical diversification is never a bad thing. Yet despite the index breaking to fresh record highs, I’ve spotted some red flags that are concerning me. Tariff tensions are back At the start of April, the announcement of tariffs on global trading partners led to a sharp decline in the S&P 500. As the situation improved and a 90-day negotiation period was established, the…
[ad_1] Tech XploreUnique method of rare-earth recycling could strengthen the raw material independence of Europe and AmericaA research team led by Dr. Miloslav Polášek at IOCB Prague has developed a new method of separating the rare earth elements, or lanthanides,….6 days ago [ad_2] Source link