Global

Global Markets Rally as U.S.–EU Trade Relief and Corporate Confidence Surges

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Summary:Global equities rose sharply on July 24 as optimism increased over a potential U.S.–Europe trade deal that could halve proposed tariffs and boost business sentiment. European indexes hit six-week highs despite mixed earnings results. Why It Matters:Improved trade relations ease inflation concerns and support economic expansion. Strong performance in cloud and AI sectors—including Alphabet—helped offset weakness … Read more

NASA’s Psyche Spacecraft Beams Back First Close-Up of Metal Asteroid

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Summary:NASA’s Psyche mission has delivered the first-ever close-up images of a metallic asteroid, 16 Psyche, located in the asteroid belt. The spacecraft used advanced cameras to scan its surface and transmit data back to Earth. Why It Matters:This mission could unlock clues about how planetary cores form. It also lays the groundwork for future asteroid … Read more

Global Oil Prices Surge 5% After Conflict Escalates in Strait of Hormuz

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Summary:Global oil prices jumped more than 5% following new clashes near the Strait of Hormuz — a key oil shipping route. Tensions between Iran and Western naval forces disrupted tanker movements, fueling investor anxiety. Why It Matters:Oil price spikes impact everything from gas stations to global inflation. Rising energy costs could ripple through consumer markets, … Read more