The boom in weight loss products has long since spread to the stock markets. While the shares of pharmaceutical companies Novo Nordisk and Eli Lilly are benefiting from the high demand, other industry giants are also looking to follow. However, experts are also warning of possible side effects of the drugs, which were originally developed to treat diabetes.
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AI Boom Yields Strong Quarterly Gains for US Tech Giants
The topic of artificial intelligence continues to flourish on the stock market. The US chip company Nvidia recently attracted attention with another strong set of quarterly figures. How did the rest of the “Magnificent Seven” fare in the reporting season and what are the plans of the tech giants in the AI sector?
Global Economy: IMF with more positive outlook
According to the IMF, the global economy could grow more strongly than expected this year. In the US and China, the economy is likely to remain robust, although growth in the People’s Republic is likely to weaken. The experts are less optimistic about the German economy.
Davos 2024: Climate Crisis, AI, geopolitics and interest rates were key topics
Last week, many high-ranking representatives from politics and business once again gathered in Davos, Switzerland, for the annual World Economic Forum. The most pressing topics were the use of AI, the climate crisis and geopolitical tensions. Meanwhile, central bankers made interesting statements on future interest rate policy.
Money tip: Invest in Japanese stocks
Following the recent gains in the Japanese benchmark index, the stock market of the world’s third-largest economy could be worth a look. What is the state of the economy and monetary policy in the “Land of the Rising Sun” and how can investors invest in Japanese stocks?
Stock markets review: Hopes for interest rate cuts fuelled significant gains in 2023
The international stock markets closed out 2023 with significant gains. Hopes of abating inflationary pressure and declining interest rates were the main market drivers in Q4, resulting in a strong year for stock exchanges.
Members of OPEC+ plan to further cut oil production
The OPEC+ oil association was unable to agree on official production cuts at its meeting last Thursday. However, individual member states announced plans for cuts. In a joint statement after the meeting, the more than twenty OPEC+ states also announced that Brazil would join the production alliance at the beginning of next year.
More Optimistic Outlook for German Economy among Experts
Stock market professionals are less pessimistic about the prospects for the German economy in the next six months. This is shown by the current economic barometer of the Center for European Economic Research (ZEW). The government also wants to get the economy moving again with additional relief measures.
Holiday sales: Hopes for record season in the US
The robust labor market and many special offers give hope for another record Christmas season in the USA. The latest market research data also shows that, despite inflation and high interest rates, Americans are once again planning to spend more over the holidays this year.
Middle East Conflict continues: worries about expansion to other countries
Roughly two weeks after the surprising terrorist attacks by the radical Islamic Hamas ruling the Gaza Strip, on targets in Israel, the military conflict in the country continues unabated. The war in the region also continues to dominate the financial and commodity markets, with global concerns that the conflict could possibly spread to other countries in the Middle East being the main driver of uncertainty.