ASML exceeds Q2 expectations due to demand for AI chips

ASML exceeds Q2 expectations due to demand for AI chips

ASML Raises Financial Forecast Amid AI Demand On July 15, ASML, the largest manufacturer of computer chip production equipment globally, announced an increase in its financial outlook for 2026. The boost comes as a result of higher than expected profits driven by demand for artificial intelligence (AI). The company plans to expand its production capacity […]

GBP/JPY Price Outlook: Exceeds range, buyers target 216 as RSI shows strength

GBP/JPY falls to the mid-215.00s as BoE decision restricts decline.

The pound rose against the yen on Wednesday, increasing by 0.17%, even amid warnings from Japanese officials about possible intervention in the currency market to support the yen. Currently, GBP/JPY is trading at 215.93, reflecting a 0.16% gain. GBP/JPY Price Forecast: Technical Outlook GBP/JPY broke out of the 212.00-215.00 range today, paving the way to […]

Canadian Dollar rises as Canada’s GDP growth exceeds expectations

Canadian Dollar rises as Canada's GDP growth exceeds expectations

USD/CAD Update The USD/CAD currency pair lost some of its early gains on Tuesday, with the Canadian dollar gaining strength following unexpected positive GDP figures. As of now, the exchange rate sits around 1.4203, down from an intraday peak of 1.4247. Statistics Canada reported that the economy saw a growth of 0.5% in April, bouncing […]

Death toll from the earthquake in Venezuela exceeds 1,700

Death toll from the earthquake in Venezuela exceeds 1,700

Venezuelan Earthquake Death Toll Rises In a recent televised address, National Assembly President Jorge Rodríguez reported that the death toll from two significant earthquakes in Venezuela has climbed to 1,719. Rodríguez also mentioned that the number of injuries has reached 5,034, while 15,866 individuals are now homeless due to the disasters. The U.S. Geological Survey […]

Web Traffic from AI and Bots Now Exceeds Human Activity Online for the First Time

Web Traffic from AI and Bots Now Exceeds Human Activity Online for the First Time

Automated Traffic Surpasses Human Traffic for the First Time For the first time ever, traffic from automated bots and AI agents has overtaken that generated by humans, and this milestone was reached sooner than many industry experts anticipated, as reported by Cloudflare, a leading internet hosting service. Currently, automated bot activity makes up a significant […]

U.S. economy exceeds forecasts with 172,000 new jobs created in May

U.S. economy exceeds forecasts with 172,000 new jobs created in May

Job Growth Report for May 2026 The Bureau of Labor Statistics recently released a report indicating that 172,000 jobs were added in May 2026. This figure significantly surpassed the expectations of economists from LSEG, who had predicted an addition of just 85,000 jobs. This strong performance in employment follows two previous months of notable job […]