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18/03/2026
Trust Securities has raised its price target for Nvidia from $283 to $287.
Latest
3 m ago
According to reports, after the facilities of the South Pars gas field in Iran were attacked, Brent crude oil futures expanded their gains, rising over 4% and hitting an intraday high of $108.1 per barrel.
3 m ago
Executive: GAC Group from China expects the car sales in Brazil to reach 100,000 units by 2030.
4 m ago
HIMS & HERS: We will expand our platform to include Wegovy tablets and injections, as well as Ozempic injections.
4 m ago
Brent crude oil broke through $103 per barrel, rising 3.72% intraday.
4 m ago
According to the financial website MarketWatch, the US February PPI data exceeded expectations, highlighting the challenge the Federal Reserve faces in containing inflation even before the recent surge in oil prices. Wholesale prices are the first place where inflation appears, often indicating future price changes for consumers. The current PPI data suggests that inflation will be significantly higher than the Fed's 2% target at least until the summer, depending on whether military conflicts with Iran will keep oil prices high. It is expected that high inflation will prevent the Fed from cutting interest rates in the near future. Inflation has been rising above the Fed's 2% target for five consecutive years. It now appears that this trend may continue for another year, especially if high oil prices persist. Stubborn inflation may force the Fed to abandon its aggressive rate-cutting plans this year unless the labor market collapses.
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