Author: editor
Exciting news: Volkswagen unveils compact electric SUV
Volkswagen has unveiled the ID.CROSS, a compact electric SUV concept set to launch in 2026.
Oil prices extend losses as OPEC+ considers output hike
Oil prices fell over 2% as OPEC+ prepares to discuss a potential production hike this weekend. Both Brent crude and WTI benchmarks slid, with traders shifting expectations toward increased supply.
Mexico’s Central Bank Raises Growth Forecast but Warns of Sluggish Economy
Mexico’s central bank raised its 2025 growth forecast to 0.6% but warned of persistent inflation. Banxico cut rates to 7.75% to stimulate the economy, though analysts say growth remains sluggish.
Nvidia Posts Solid Growth Despite China Outlook: Q2 Review
Key Highlights Introduction NVIDIA delivered a blockbuster Q2, powered by unrelenting AI demand that set new records across revenue and profitability. The backdrop, however, is complicated: export controls and policy uncertainty around China are shaping guidance and investor reaction—even as Blackwell shipments ramp and hyperscaler spending remains intense. Nvidia’s Q2 Financial Highlights and Performance Overview
Trump Fires Fed Governor Lisa Cook Amid Controversy
President Donald Trump says he removed Federal Reserve Governor Lisa Cook “effective immediately,” citing alleged mortgage irregularities. Cook denies wrongdoing, argues the president lacks Authority to fire a Fed governor, and vows to continue serving—setting up an unprecedented legal clash with implications for central-bank independence and markets.
Benchmark Raises Bernardo Gomez and Alfonso de Angoitia’s Grupo Televisa Price Target After Q2 Earnings
Grupo Televisa (NYSE: TV) returned to profit in Q2 2025. Benchmark raised its target to $9.00, citing cost savings and TelevisaUnivision growth, while Alfonso de Angoitia’s leadership is credited with steering the company’s recovery.
Nubank Stocks Surge After Impressive Second Quarter Earnings
Nu Holdings Ltd. reported record-breaking Q2 2025 earnings with $637 million in net profit, $3.7 billion in revenue, and nearly 123 million customers across Latin America.
Paramount New Owner David Ellison Faces Tough Questions
Discover the implications of Paramount merger with Skydance and the arrival of its new owner, David Ellison.
NVIDIA to Contribute 15% of China Sales to U.S. Government
In a landmark move amid easing US-China trade tensions, semiconductor giants Nvidia and AMD have reportedly agreed to pay 15% of their China-based chip sales revenue to the US government. This unprecedented arrangement aims to secure export licences for their advanced AI chips, reopening access to the world’s second-largest economy.
BP Celebrates Major Oil Discovery Off Brazil’s Coast
BP has unearthed its largest oil and gas discovery in 25 years off the coast of Brazil, within the Santos Basin. The breakthrough occurred in the Bumerangue block, revealing significant reserves of crude oil, natural gas, and condensate.