2025-03-23Ravi Mehta
This article covers the latest developments in China’s military, where senior generals, including Central Military Commission Vice President He Weidong, have been detained in a significant power shake-up.
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2025-03-22Niranjan Ghatule
China’s central bank has hit a record 73.6 million troy ounces of gold reserves, continuing its aggressive accumulation for the fourth consecutive month. With gold now making up 5.9% of China’s foreign exchange reserves, this trend reflects a broader global shift as central banks stockpile gold amid economic uncertainty, inflation concerns, and geopolitical tensions.
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2025-03-21Niranjan Ghatule
Nike's Q3 FY25 earnings report is out, and it's a disaster! With revenue down 9%, direct sales crashing 12%, and China sales plunging 17%, the stock has plummeted to 2015 levels. Gross margins are shrinking, and even increased marketing spend isn't helping. Investors are fleeing as Nike struggles with weak demand and poor execution.
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2025-03-21Niranjan Ghatule
In a shocking turn of events, MMA superstar Conor McGregor has announced his candidacy for the Presidency of Ireland. Known for his dominance in the UFC and his larger-than-life personality, McGregor is now stepping into the political ring, vowing to “Make Ireland Great Again.”
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2025-03-20Niranjan Ghatule
Russia has increased its gold reserves to a record $217.4 billion as of March 1, 2025, with gold now comprising 34.4% of its total foreign exchange reserves. This move aligns with Russia’s long-term strategy of reducing reliance on Western currencies amid geopolitical tensions and sanctions.
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2025-03-20Niranjan Ghatule
This article analyzes the latest data from the New York Federal Reserve, highlighting a sharp decline in business activity, worsening economic sentiment, and rising inflationary pressures. It delves into the significant drops in key indices, including business expectations, climate conditions, and future employment
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2025-03-20Niranjan Ghatule
This article covers the recent decline in Infosys and Wipro ADRs following Accenture's weak Q2 FY25 earnings. It explains the business model relationship between Accenture and Indian IT companies, highlighting how Accenture’s performance serves as a leading indicator for the sector.
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2025-03-20Niranjan Ghatule
Accenture reported a 5.4% year-over-year (YoY) revenue growth in its Q2FY25 earnings, reaching $16.7 billion. The outsourcing segment continued to perform well, with 7.7% YoY growth, while consulting grew 3.3% YoY. The company also secured $20.9 billion in new bookings, including $1.4 billion from Generative AI projects.
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2025-03-19Niranjan Ghatule
This article provides a detailed analysis of Federal Reserve Chair Jerome Powell’s latest statement on March 19, 2025. It highlights the Fed’s cautious stance, acknowledging that while the economy remains strong, inflation is still somewhat elevated, partly due to new tariffs.
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