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Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
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Stock Market Today: S&P 500 Snaps 6-Day Losing Streak Ahead of Big Tech Earnings Rush


US stocks rebounded on Monday, with the S&P 500 snapping a six-day losing streak as investors brace for a rush of Big Tech earnings. Here are the key highlights:

  1. S&P 500 Rebounds: The S&P 500 rose 0.9% to climb back above 5,000 after closing below this key level on Friday for the first time since February.

  2. Dow Jones Industrial Average (DJI): The DJI added 0.7%, gaining more than 200 points.

  3. Nasdaq Composite (IXIC): The tech-heavy Nasdaq Composite also gained 1.1%, led by AI darling Nvidia (NVDA), which rebounded by more than 4%.

  4. Big Tech Earnings: Hopes now rest on Big Tech earnings this week to reassure and reignite the market. Upcoming quarterly reports include those from Meta (META), Microsoft (MSFT), and Alphabet (GOOG).

  5. Tesla (TSLA) in Focus: Tesla shares lost 3.4% as the EV maker cut prices in the US, China, and several other countries. Tesla will report quarterly results on Tuesday after the market close.

  6. Federal Reserve and Inflation: The debate over the Federal Reserve’s stance on rate cuts continues, with minds turning toward Friday’s release of the PCE index — the Fed’s preferred inflation gauge — to assess whether rates will stay higher for longer.

Stay tuned for more updates as the week unfolds!






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